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FxWirePro: USD/JPY remains bid amid improved risk sentiment, focus on U.S. CPI data for further impetus

Feb 13, 2019 03:17 am UTC| Technicals

USD/JPY chart on Trading View used for analysis USD/JPY trades 0.14% higher on the day at 110.615 at 0300 GMT, risk-on in Asian markets supports. The pair is holding break above 55-EMA with scope for test of...

FxWirePro: Nikkei trades higher on US-China trade hopes, good to buy on dips

Feb 13, 2019 03:13 am UTC| Technicals

Asian marketsare trading higherespecially Nikkei jumped more than 3.5% in two trading session on US -China trade hope. US market has closed higher with SP500 has broken major resistance 200- day MA at 2744 on trade and...

FxWirePro: USD/SGD rejects key resistance at 1.3615 mark, good to sell on rallies

Feb 13, 2019 02:49 am UTC| Technicals

USD/SGD is currently trading around 1.3555 marks. It made intraday high at 1.3568 and low at 1.3553 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3615 mark. A daily close...

FxWirePro: South Korean won trades marginally lower in early Asia, further sideways movement likely

Feb 13, 2019 02:31 am UTC| Technicals

EUR/KRW is currently trading around 1,271 mark. It made intraday high at 1,272 and low at 1,269 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,265 mark. A sustained...

FxWirePro: Kiwi strengthens remarkably against major peers after RBNZ’s cash rate decision

Feb 13, 2019 01:30 am UTC| Technicals

AUD/NZD is currently trading around 1.0445 marks. Pair made intraday high at 1.0543 and low at 1.0429 marks. Intraday bias remains bearish till the time pair holds key resistance around 1.0545 mark. A...

FxWirePro:DXY Trade Idea

Feb 12, 2019 12:39 pm UTC| Technicals

Harmonic pattern formed - Bearish Gartley pattern DXY is trading higher for past two weeks and jumped more than 200 pips on account of broad based US dollar buying. The index hits high of 97.20 and is currently...

FxWirePro:USD/CAD trades near session low on sudden spike in crude oil, good to buy on dips

Feb 12, 2019 12:30 pm UTC| Technicals

USDCAD has once again declined after showing a minor jump above 1.3300. The pair has jumped till 1.33290 more than 250 pips and started to decline from that level. The decline in loonie was mainly due to better than...

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Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

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Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

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BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

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U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

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Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

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U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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