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FxWirePro: EUR/JPY upside pauses shy of 38.2% Fib, poor Eurozone data weighs

Feb 04, 2019 11:15 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY edges lower from session highs at 125.87, euro dented after poor Eurozone data. Eurozone Dec 2018 producer prices mm decrease to -0.8 % (forecast -0.6 %)...

FxWirePro: USD/CAD hits multi-month low , good to sell on rallies

Feb 04, 2019 10:39 am UTC| Technicals

Loonie is trading weak for 4thconsecutive day and lost more than 200 pips on dovish Fed stance. Fed kept its interest rates unchanged and pledges patience stance on further hike.US jobs data came slightly upbeat and it has...

FxWirePro: NZD/CHF extends range trade below 0.69 handle, trendline resistance at 0.6930 in sight

Feb 04, 2019 09:27 am UTC| Technicals

NZD/CHF chart on Trading View used for analysis NZD/CHF is extending range trade below 0.69 handle, bias bullish. The pair is trading with a bullish momentum and next major resistance lies at 0.6930...

FxWirePro: CAD/JPY hits 2-1/2 month high on strong Canadian dollar, good to buy on dips

Feb 04, 2019 09:16 am UTC| Technicals

CAD/JPY is trading higher for 4thconsecutive day and jumped more than 150 pips in previous week. Canadian dollar was trading strong against US dollar after dovish Fed.It hits high of 83.83 and is currently trading around...

FxWirePro: Indian rupee falls noticeably against U.S. dollar after India’s Union budget, hits fresh 2-month low at 71.77 mark

Feb 04, 2019 08:46 am UTC| Technicals

USD/INR is currently trading around 71.70 marks. It made intraday high at 71.77 and low at 71.41 marks. Intraday bias remains bullish till the time pair holds key support at 71.40 mark. Key resistances are...

FxWirePro: USD/ZAR rejects key support at 13.22 mark, short term trend reversal likely

Feb 04, 2019 08:21 am UTC| Technicals

USD/ZAR is currently trading around 13.35 levels. It made intraday high at 13.38 and low at 13.30 levels. Intraday bias remains slightly bullish till the time pair holds key support 13.22 mark. A daily...

FxWirePro: Silver touches $15.79 mark, consistent close below targets $15.57 mark

Feb 04, 2019 08:04 am UTC| Technicals

XAG/USD is currently trading around $15.82 marks. It made intraday high at $15.90 and low at $15.79 levels. Intraday bias remains bearish for the moment. A daily close above $15.89 will test key resistances...

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Economy

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

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Politics

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

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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

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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

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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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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

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

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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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