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FxWirePro: USD/THB hits fresh 2-month low at 32.38 mark, Thailand’s economic data in focus

Dec 28, 2018 02:54 am UTC| Technicals

USD/THB is currently trading around 32.40 marks. It made intraday high at 32.54 and low at 32.38 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 32.70 mark. On the top...

FxWirePro: XAG/USD back above $15.20 mark, stay bullish

Dec 28, 2018 02:04 am UTC| Technicals

XAG/USD is currently trading around $15.25 marks. It made intraday high at $15.26 and low at $15.20 levels. Intraday bias remains bullish for the moment. A daily close above $15.21 will test key resistances...

FxWirePro: South Korean won trades marginally lower as industrial production, service sector output data miss expectations

Dec 28, 2018 01:50 am UTC| Technicals

EUR/KRW is currently trading around 1,280 mark. It made intraday high at 1,281 and low at 1,278 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,274 mark. A sustained...

FxWirePro: USD/JPY pares previous session's gains, slips lower to test 200-DMA

Dec 27, 2018 10:21 am UTC| Technicals Research & Analysis

USD/JPY chart on Trading View used for analysis USD/JPY slips lower, erases previous sessions gains, intraday bias bearish. Dollar failed to capitalize on a eight-day high hit in the previous session on the back...

FxWirePro: USD/INR remains well supported above 70.00 mark, upside limited

Dec 27, 2018 08:26 am UTC| Technicals

USD/INR is currently trading around 70.12 marks. It made intraday high at 70.17 and low at 70.01 marks. Intraday bias remains neutral till the time pair holds key resistance at 70.57 mark. Key resistances...

FxWirePro: NZD/USD dips into daily cloud, on track to test 61.8% Fib at 0.6632, stay short

Dec 27, 2018 07:06 am UTC| Technicals Research & Analysis

NZD/USD chart on Trading View used for analysis NZD/USD has broken below cloud top support, bias is bearish. Intraday bias for the pair remains bearish. Break below cloud raises scope for further...

FxWirePro: Break-out of EUR/CAD’s falling wedge develops rising channel with hammer formations – Trade delta calls and long hedge

Dec 27, 2018 06:22 am UTC| Technicals

EURCADhammer pattern candles are frequently occurred at 1.51, 1.4938 and 1.4905 levels, these patterns are bullish in nature that are signifying the strength of this pair in the major uptrend (refer magnified view of the...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Gold and silver prices edged lower in Asian trading on Tuesday as investors booked profits after a strong rally, while global markets turned cautious ahead of critical U.S. economic data. The pullback comes after precious...

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

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Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

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Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

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Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

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Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

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Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

Chinese artificial intelligence chip startup Biren Technology is preparing to launch a Hong Kong initial public offering (IPO) in the coming weeks, according to multiple sources familiar with the matter. The Shanghai-based...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...
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