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FxWirePro: Gold holds $1300 on Brexit uncertainty and global growth concern,good to buy on dips

Mar 22, 2019 05:56 am UTC| Technicals

Gold declined more than $15 after a $40 jump from low of of $1280.The yellow metal dip was mainly due to slight recovery in US dollar index on better than expected US jobless claims and Philly fed manufacturing data. It...

FxWirePro: Indian rupee trades almost flat against U.S. dollar, bias remains neutral

Mar 22, 2019 05:30 am UTC| Technicals

USD/INR is currently trading around 68.61 marks. It made intraday high at 68.72 and low at 68.53 marks. Intraday bias remains neutral till the time pair holds key support at 68.34 mark. Key resistances are...

FxWirePro: AUD/USD rangebound below 55-EMA, poor data and renewed risk-aversion dent Aussie

Mar 22, 2019 05:21 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD is trading in a narrow range, trades at 0.7104 at 0500 GMT. Price action capped between 55-EMA and 20-DMA, breakout will provide a clear directional bias. Antipodeans...

FxWirePro: USD/TWD moves in stiff boundaries, Taiwan’s jobless rate in focus

Mar 22, 2019 04:19 am UTC| Technicals

USD/TWD is currently trading around 30.80 marks. It made intraday high at 30.94 and low at 30.79 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.92 mark. A daily close...

FxWirePro: Nikkei225 trades lower on strong yen, good to buy on dips

Mar 22, 2019 03:57 am UTC| Technicals

Major support - 20800 Asian marketsare trading lower especially Nikkei lost more than 0.5% on strong yen. The yen was trading higher against all majors especially against USD after Fed clearly mentioned that there will...

FxWirePro: NZD/USD finds stiff resistance at 0.6932 (200W SMA), decisive break above required for further gains

Mar 22, 2019 03:47 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD is trading marginally higher on the day, at 0.6886 at 0335 GMT. The pair has largely ignored a long-legged Doji formed on Thursdays candle and is extending grind...

FxWirePro: USD/SGD fails to break key support at 1.3454 mark, upside limited

Mar 22, 2019 02:50 am UTC| Technicals

USD/SGD is currently trading around 1.3490 marks. It made intraday high at 1.3507 and low at 1.3483 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3538 mark. A daily close...

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Economy

Australia's Trade Surplus Surges in February on Gold Export Boom

Australia recorded a significant widening of its trade surplus in February, as a powerful rebound in exports combined with softening import demand to deliver results well beyond market expectations. Official data released...

Gulf War Ceasefire Hopes Weigh on Dollar Ahead of Trump Address

Global currency markets held largely steady Thursday as traders stayed on the sidelines ahead of a closely watched national address by U.S. President Donald Trump, expected to outline potential ceasefire developments in...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Politics

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Trump's NATO Threat Looms as Rutte Plans Washington Visit

NATO Secretary-General Mark Rutte is set to visit Washington next week in what the alliance has described as a long-planned trip, arriving at a particularly tense moment in transatlantic relations. NATO spokesperson...

Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor

Mexican President Claudia Sheinbaum announced Wednesday that Foreign Minister Juan Ramon de la Fuente is stepping down from his position due to ongoing health concerns. Sheinbaum has nominated Roberto Velasco, the current...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...
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