PLTR clears descending trendline resistance, with a proposed weighted entry at $141.30 and stop at $130.78 for a +21.71% target. Palantir Technologies (PLTR) has broken above a descending resistance line, improving its technical outlook. The move suggests potential short-c
PLTR clears descending trendline resistance, with a proposed weighted entry at $141.30 and stop at $130.78 for a +21.71% target. Palantir Technologies (PLTR) has broken above a descending resistance line, improving its technical outlook. The move suggests potential short-c
The Australian dollar shows limited movement as China’s manufacturing PMI dips, keeping the pair near a two-week high. The AUD/USD pair remains subdued below the 0.7200 level, trading near a two-week peak following China’s May manufacturing PMI release. The data showed a s
China’s central bank set the daily yuan reference rate below market expectations, signaling potential depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8167, compared with an estimate of 6.7643. The move allows the yuan to trade within a
The People’s Bank of China sets the daily reference rate below market expectations, signaling potential yuan depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8167, weaker than the 6.7643 estimate. The yuan is permitted to trade within a
The British Pound remains rangebound against the US Dollar amid geopolitical risks tied to stalled US-Iran negotiations. The GBP/USD pair trades flat near 1.3450 in early Asian trading on Monday, reflecting investor caution over unresolved US-Iran deal talks. The British P
Geopolitical risks surrounding US-Iran negotiations bolster the USD, pressuring the euro near 1.1650 in early trading. EUR/USD retreated to around 1.1650 during Asian trading on Monday, reversing two days of gains as the USD strengthened. The move reflects market caution o
China’s central bank will announce its daily yuan reference rate, influencing onshore trading within a 2% band around the midpoint. The People’s Bank of China is expected to set the USD/CNY reference rate around 6.7643 today, a key benchmark for onshore yuan trading. The f
Corporate investment in Japan flatlined at 0.0% year-over-year in Q1, well below the 4.0% consensus estimate. Japan’s capital spending held steady at 0.0% year-over-year in the first quarter, falling short of the 4.0% growth forecast and marking a sharp slowdown from the p
The Australian Dollar remains steady below 0.7200 USD as traders monitor US-Iran negotiations and await China’s May PMI data. The AUD/USD pair traded at 0.7185 in early Asian hours, showing little movement as market participants assessed ongoing US-Iran diplomatic discussi
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