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EUR/USD slips ~1.1215 support, US data sees slight USD rally

Feb 27, 2015 13:53 pm UTC| Technicals

Source: Thomson Reuters EUR/USD is unlikely to test 1.1260/70 old support as pair slips ~1.1215 support USD sees slight rally after US data, DE-US 2yr yield spreads further in USDs favor Chicago PMI U. of Mich due...

USD/BRL tests new 11-year high by 2.9200

Feb 27, 2015 13:46 pm UTC| Technicals

Source: Thomson Reuters USD/BRL tests new 11-yr high by 2.9204 Tax/rate hikes could weigh on growth, inflation already on the rise on weak BRL Levy trying to control budget, to cap spending at BRL 75b through...

NZD/USD RSIs resume recent bull bias

Feb 27, 2015 13:37 pm UTC| Technicals

Source: Thomson Reuters NZD/USD cant hold below TrendLine off Feb low 10DMA Limited follow through after 2/26 drop, RSIs resume recent bull bias If bulls persist pair could likely test 0.7600/30 resistance...

AUD/USD stops eyed at 0.7830+

Feb 27, 2015 10:52 am UTC| Technicals

AUDlooks at mooted stops at 0.7830-40 after moving northfrom 0.7778 0.78299 is 38.2% fibo of 0.7914 (Thursday high) to 0.7778 (Asia low) 0.7836 was Thursdays Asian session low Economists spilt near 50-50...

GBP/USD props 76.4% fibo

Feb 27, 2015 10:45 am UTC| Technicals

1.5386 = four-day low for cable after stops below 1.5395 fell EUR/GBP buying was means for cable slide through 1.54 1.5385 = 76.4% of 1.5333 (Monday low) to 1.5554 (Thursday 8week high) 1.5449 = late...

EUR/GBP looks at 0.73 off 7year low rally

Feb 27, 2015 10:38 am UTC| Technicals

Cross looks to offers at 0.73 after rallying off 0.7257 (new 7year+ low) 0.73 = former option barrier level(0.7299 = 1.37 in GBP/EUR) 0.7314 (Wednesday low) 0.7326 among resistance levels beyond...

USD/CAD raises bids to 1.2430

Feb 27, 2015 09:26 am UTC| Technicals

Traders look to get long at 1.2430 for gains to 1.2600 beyond Layers of support have formed between 1.2353/1.2388; February 3/26 lows Daily close below 1.2286 will shift the bias back to 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

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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

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Trump Says U.S. Strikes on Iran Will Continue Until Nuclear Deal Is Reached

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Trump Administration Bars U.S. Travelers From Congo Flights Amid Ebola Outbreak

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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

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Trump Administration Releases New UFO Files and Apollo Mission Records

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

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Technology

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...

Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand

Yaskawa Electric Corp. (TYO:6506) shares extended losses for a second consecutive session on Tuesday after the Japanese robotics and factory automation company reported weaker-than-expected quarterly earnings, with...

Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion

Australias online safety regulator has warned that major technology companies, including Apple, Meta, Google, Microsoft and Snap, still have significant shortcomings in tackling child sexual abuse and the rising threat of...
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