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EUR/USD dives below 1.1120, Greek headlines smash EUR

May 05, 2015 14:19 pm UTC| Technicals

EUR/USD negated threat to 1.1175/80 resistance as Greek headline cross wires EUR/USD dives below 1.1120; Spread widening aids slip Greek Govt official note serious disagreements between EU IMF Problems are creating...

EUR/NOK cracks 10DMA at 8.4485

May 05, 2015 14:11 pm UTC| Technicals

EUR/NOK hits 8.4190 lows after cracking 10DMA at 8.4485 Having again been rejected at the 200DMA May 1 bear side calling Scope for a full retrace to 8.3460 and possibly 8.3230 recent range base Oil up, unsubstantiated...

EUR/GBP back by cloud top after the 0.7315 bounce

May 05, 2015 13:30 pm UTC| Technicals

EUR/GBP tests cloud top after the 0.7315 bounce. Offer filled by there Pair looking to retrace the 0.7132/0.7420 rally - 0.7310 38.2% first up Then 0.7276 and 0.7242. The latter is the initial target for the short...

Trade data weighs on USD/JPY, but decent bids by 120

May 05, 2015 13:19 pm UTC| Technicals

US Mar Trade Deficit surge dents Treasury yields USD, but its Q1 Non-Mfg ISM for Apr more relevant to Medium-Term Fed tightening view pre NFP Good bids 120.00-05: Down TrendLine From 122.04, 23.6% 118.50-120.51 days...

USD/MXN edges lower, eyes multiple support area at 15.3688

May 05, 2015 13:07 pm UTC| Technicals

USD/MXN slightly lower as oil/commodities firm, US trade figures miss forecast UST yields lower, main event Fridays NFP, US hike overhang weighs on MXN (Sept/Oct expected) USD/MXN support at 15.3688 50% Fib of...

AUD/NZD bulls buoyed by diverging monetary policy

May 05, 2015 12:36 pm UTC| Technicals

RBA cuts but easing bias seemingly gone, RBNZ adopted ease bias Diverging monetary policies likely to have bull impact on AUD/NZD Overnight price action reflects view, 1.0505/35 resistance under threat RSIs biased up,...

EUR/USD failure by the 100 DMA Friday reinforces downside

May 05, 2015 12:32 pm UTC| Technicals

EUR/USD 1.1107 pivot pressured after fail ahead 1.1165 10 US/German spreads 15bp lower from Apr 28, at 169bp, underpinning EUR/USD Pair breached cloud top at 1.1069 by 3 pips earlier, revisit expected The cross on the...

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Economy

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

China Home Prices Fall Again in June Despite Slower Pace of Decline

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US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions

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Politics

Trump ICC Sanctions Challenged as Advocacy Groups File Free Speech Lawsuit

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US Military Launches New Strikes on Iran, Targets Threats to Strait of Hormuz Shipping

The U.S. military launched a new wave of strikes against Iran on Wednesday, marking another escalation in tensions across the Middle East. According to the U.S. Central Command (CENTCOM), the military operation began at...

Ukraine, EU Sign Landmark Drone Deal to Boost Defense Production

Ukraine and the European Union have signed a landmark drone cooperation agreement aimed at combining Ukraines battlefield expertise with Europes industrial strength to accelerate drone manufacturing and strengthen regional...

Zelenskiy Cabinet Reshuffle Puts Ukraine Defense Minister Fedorov’s Future in Focus

As Ukrainian President Volodymyr Zelenskiy prepares another cabinet reshuffle, the future of Defense Minister Mykhailo Fedorov has emerged as one of the biggest questions, with potential implications for Ukraines war...

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features

Apple has moved a step closer to launching Apple Intelligence in China after the countrys cyberspace regulator officially registered the companys on-device generative AI service for use on iPhones. The approval marks a...

Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI

Alibaba Group shares climbed about 5% in U.S. premarket trading on Wednesday after Chinese regulators approved Apples on-device artificial intelligence platform for launch in China, marking a major step for the iPhone...

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside

Arm Holdings shares came under pressure after HSBC downgraded the semiconductor designer to hold from buy,arguing that the companys recent rally has already priced in much of its long-term artificial intelligence (AI)...

SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally

SK Hynix shares surged nearly 13% in Seoul on Wednesday, leading a broad rally in South Korean semiconductor stocks as easing U.S. inflation and renewed optimism over artificial intelligence (AI) memory demand boosted...
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