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EUR/USD failed to clear the 100HMA at 1.1395

Feb 18, 2015 14:04 pm UTC| Technicals

Source: Thomson Reuters EUR/USD failed to clear the 100HMA at 1.1395, remains soft for 1.1270 return Pair trapped between short-term averages, picture remains one of tight sideways action Offers to 1.1450 Tues high,...

AUD/USD down on the day, threatens 10 DMA

Feb 18, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters 21-DMA offers ~0.7830/40 cap AUD/USDs overnight rally Pair now down on day, eyes 10-DMA 0.7770/80 bids Lofty US yields keep spreads near recent tights, aids push lower Daily RSI rolls...

USD/MXN drifts higher, weak oil, higher US rate outlook support

Feb 18, 2015 13:20 pm UTC| Technicals

Source: Thomson Reuters USD/MXN rising, supported by weak oil and higher US rate outlook Pair trades between 10-DMA upper 21-d Bolli Long tails rising MAs hints further rise Resistance at 14.9855 minor Fib, 15.00...

NZD/USD eases pre-NY open, FOMC minutes in pipeline

Feb 18, 2015 11:08 am UTC| Technicals

NZD/USD sees a near quarter-cent fall to 0.7520 intra-day lowin past hour 0.7558 = Tuesday 4weekpeak immediately after Fonterra milk auction result Volume drop blamed for subsequent NZD/USDslide to...

USD/CAD focuses on oil, 1.2450 resistance

Feb 18, 2015 10:42 am UTC| Technicals

USD/CAD fell from 1.2447-1.2371 after 10amETWednesday on volatile oil WTI below USD 51/barrel when spot near 1.2450, above USD 54/barrel later WTI atUSD 52.75/barrel now, 75 cents lower on day USD/CAD...

NZD/USD Off highs but bullish sentiment continues

Feb 18, 2015 10:15 am UTC| Technicals

Charts bullish despite overbought levels being tested. Closed above broken 50% fibo of 0.7890/0.7177 Jan/Feb decline at 0.7534 Pair holds above this morning in Londonfavoring more gains Trend looks ready...

USD/JPY contained and subdued

Feb 18, 2015 10:07 am UTC| Technicals

Steady going for USD/JPY within a 118.88-119.36 range Japanese investor bids 118.80-90 and limited ahead of 119.50 Large option expiries to contain, 2.2yields 119.50s today, 118.50/119s too US yields...

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Economy

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

U.S. stocks ended lower on Friday, capping the worst monthly performance for Wall Street since March last year, as hotter-than-expected producer inflation data and continued weakness in technology stocks pressured investor...

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

Gold prices surged on Friday, positioning the precious metal for strong February gains as investors sought safe-haven assets amid rising geopolitical tensions and economic uncertainty. Spot gold climbed 1.5% to $5,261.81...

Dominican Republic Unveils Massive Rare Earth Deposits to Boost High-Tech and Energy Sectors

The Dominican Republic has announced the discovery of significant rare earth deposits that could position the Caribbean nation as a key future supplier of critical minerals for high-tech industries. President Luis Abinader...

Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment

Asian stock markets declined on Friday as investors pulled back from risk assets, pressured by concerns over elevated technology valuations and persistent geopolitical tensions in the Middle East. Despite strong quarterly...

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

Gold prices held firm during Asian trading on Friday, positioning the precious metal for solid monthly gains as rising geopolitical tensions and global economic uncertainty boosted safe-haven demand. Investors continued to...

Politics

Trump Media Weighs Truth Social Spin-Off Amid $6B Fusion Energy Pivot

Trump Media Technology Group (TMTG), the parent company of Truth Social founded by U.S. President Donald Trump, is exploring a potential spin-off of its social media platform into a separate publicly traded company. The...

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

New York City Mayor Zohran Mamdani described his latest White House meeting with U.S. President Donald Trump as productive, highlighting discussions on affordable housing and recent student detentions by federal...

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

The United States and Iran reported progress in high-stakes negotiations over Tehrans nuclear program, but no final agreement was reached, leaving the threat of potential U.S. military action still looming. Mediator Oman...

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

The navies of the Philippines, the United States, and Japan carried out joint military exercises in the South China Sea this week, reinforcing defense cooperation and regional maritime security. The Armed Forces of the...

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

Denver Mayor Mike Johnston has signed a new executive order directing city police to protect peaceful protesters during federal Immigration and Customs Enforcement (ICE) operations and prohibiting ICE agents from using...

Science

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

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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

Nintendo is reportedly preparing a major unwinding of strategic cross-shareholdings that could see MUFG Bank and the Bank of Kyoto sell significant stakes in the iconic Super Mario maker. According to sources familiar with...

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

Hyundai Motor Group has signed a landmark agreement with the South Korean government to invest approximately 9 trillion won ($6.26 billion) in major industrial and technology projects along the countrys western coast....

Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute

Anthropic CEO Dario Amodei said the company will not comply with a Pentagon request to remove critical AI safeguards, despite reported threats that the Department of Defense (DoD) could cut ties and block the firm from its...

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

Meta Platforms has reportedly entered a multi-billion dollar agreement with Google to rent advanced artificial intelligence chips, marking a major step in the intensifying race to dominate AI infrastructure. According to...

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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