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EUR/GBP reaches new 7 year lows

Feb 20, 2015 08:48 am UTC| Technicals

Long-term bear trend strengthens after new 7 year lows hit at 0.7340 The 200 HMA, last at 0.7406, stalls recovery attempts on Thursday Short stop lowered to reduce risk on a break of 0.7348. Now at...

GBP/USD weighed by Fibo rejection on Wednesday

Feb 20, 2015 08:33 am UTC| Technicals

Wednesdays rally held at 1.5480, just 1 pip ahead the 1.5481 fibo 1.5481 = 23.6% of 1.7192/1.4952 decline from Jul 2014/Jan 2015 Prices have been sideways since, support above 1.5400 The 200 HMA is...

EUR/USD sees downside risk, 21 DMA pivotal

Feb 20, 2015 08:29 am UTC| Technicals

Pair eased back below the 200 HMA intraday 1.1450 rejected prices yesterday Further downside risk continues Shorts in play target 1.1270 EUR/USD needs to see a sustained move under the 21 DMA at...

USD/JPY supported while Nikkei hits 15-year high

Feb 20, 2015 06:26 am UTC| Technicals

Nikkei close 18,332.30, 15-year high, +67.51 pts on day, +0.37%. USD/JPY supported by gains from stock but mainly treads water, range 118.85-119.10. USD/JPY could move higher in continued stock market...

AUD/NZD close pivotal for yesterday's hammer

Feb 20, 2015 05:51 am UTC| Technicals

Cross is fraction softer in Asia - no component data - quiet to the weekend Opened +0.15% - bounce off 1.0299 leaves hammer reversal signals Bullish key day reversal on a close above 1.0367 Momentum...

NZD/USD looks to tentative signs of Japanese retail interest

Feb 20, 2015 05:04 am UTC| Technicals

NZD halted c0.20%up on session so far at 0.7532/34 Dull low volume trading due to lunar new year holidays Retail Japan reportedly return to antipodean pair is notable OIS at 50% chance RBA will cut...

AUD/USD trades extremely slow mid afternoon

Feb 20, 2015 04:44 am UTC| Technicals

AUD/USD stalls above 78 cents but no real force on the topside AUD/NZD flat but good recovery yesterday off its 1.0300 fresh all time low Talk of ratings damaged yesterday but moves mostly corrected...

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Economy

U.S. Stocks Close Lower as Hot PPI Data, Nvidia Slide Weigh on Wall Street

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Gold Prices Rally in February as Geopolitical Risks and Economic Uncertainty Boost Safe-Haven Demand

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Gold Prices Steady in Asia, Set for Strong February Gains on Safe-Haven Demand

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Politics

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NYC Mayor Zohran Mamdani Meets President Trump to Tackle Housing Crisis and ICE Detentions

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U.S.-Iran Nuclear Talks Show Progress but No Breakthrough Amid Rising Military Tensions

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Philippines, U.S., and Japan Conduct Joint Naval Drills in South China Sea to Boost Maritime Security

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Denver Mayor Orders Police to Protect Protesters, Restricts ICE Access to City Property

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Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

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Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

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Meta Signs Multi-Billion Dollar AI Chip Deal With Google to Power Next-Gen AI Models

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Coupang Reports Q4 Loss After Data Breach, Revenue Misses Estimates

Coupang reported a fourth-quarter loss and revenue below market expectations, as the South Korean e-commerce giant continues to grapple with the fallout from a massive data breach. The company posted $8.8 billion in...
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