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EUR/USD sees strong downtrend into ECB

Mar 05, 2015 04:39 am UTC| Technicals

Asia consolidated offshore 0.9% fall in a tight range ahead of ECB ECB expected to raise growth forecasts give QE details Technicals very bearish - 5, 10 20 daily, weekly monthly mas trend...

AUD/CNH sees little change

Mar 05, 2015 04:24 am UTC| Technicals

Result has been intraday volatility cross saw little real change Momentum studies move higher - neutral 5, 10 20 dmas Implies range trading since mid February can...

USD/INR faces strong resistance at 62.30-60

Mar 05, 2015 03:29 am UTC| Technicals

62.28 is 76.4% of recent 62.47-61.64 fall, 62.36 Feb 18 rebound high 62.59 is 50% of Dec 2014-Jan 2015 decline - 62.50 should remian USD/INR may see some demand ahead of India holiday...

AUD/USD spikes higher with AUD/NZD

Mar 05, 2015 02:57 am UTC| Technicals

AUD/NZD rose to 1.0355 from below 1.0300 on short covering AUD/USD struck 0.7840 after RBAs Lowe said AUD closer to appropriate level AUD/USD sellers between 0.7850/60 with resistance at...

USD/SGD may break 1.37

Mar 05, 2015 02:55 am UTC| Technicals

USD/SGD runs higher, but slowed by intervention fears, profit-taking SGD Neer some -1.6%, -2.0% boundary of Neer around 1.3730 Bidding interests in SGD/MYR cap gains in USD/SGD ahead of 1.37 Pair last...

USD/CNH dips in Asia, but signals remain positive

Mar 05, 2015 02:53 am UTC| Technicals

Off 90pts in Asia in response to currency comments Growth target lowered to around 7% Momentum studies crest, 5, 10 20 dmas move north - net positive Bias stays higher while close above 6.2703 2015...

USD/INR bid, eyes 62.50 next

Mar 05, 2015 02:39 am UTC| Technicals

USD/INR risks continues to spike towards 62.50, expected to open around 62.35 Stops hit on break above 62 yesterday - RBI said excessive INR gains undesirable Good buying in NDFs overnight by leveraged,...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

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Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms

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Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

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South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

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Politics

U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin

U.S. Secretary of State Marco Rubio expressed cautious optimism on Tuesday, stating that Washington can see the finish line in its ongoing military conflict with Iran, now entering its fifth week. Speaking on Fox News...

Trump Signs Executive Order Tightening Mail-In Voting Rules Amid Legal Backlash

President Donald Trump signed a sweeping executive order Tuesday aimed at tightening mail-in voting regulations across the United States, setting off immediate legal threats from voting rights advocates and Democratic...

Trump Attends Supreme Court Hearing on Birthright Citizenship Restrictions

President Donald Trump made a rare personal appearance at the U.S. Supreme Court on Wednesday to witness oral arguments in a landmark case centered on his executive order restricting birthright citizenship marking one of...

Rubio Calls for Democratic Transition and Free Elections in Venezuela

U.S. Secretary of State Marco Rubio declared Tuesday that Venezuela must undergo a political transition leading to free and fair elections, while urging both patience and vigilance from Washington. Speaking on Fox News...

U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

Republican Senator Bernie Moreno announced plans to introduce legislation next month that would permanently and comprehensively ban Chinese automakers from the U.S. automotive market. The proposed bill would expand on an...

Science

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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

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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...

Technology

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...
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