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FxWirePro: Taiwanese dollar strengthens shaply against U.S. dollar, downside limited

Oct 12, 2018 05:15 am UTC| Technicals

USD/TWD is currently trading around 30.83 marks. It made intraday high at 31.04 and low at 30.83 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.05 mark. A daily close...

FxWirePro: USD/THB stabilizes below 33.00 mark, consistent close below 32.70 targets 32.20 mark

Oct 12, 2018 04:37 am UTC| Technicals

USD/THB is currently trading around 32.70 marks. It made intraday high at 32.73 and low at 32.60 marks. Intraday bias remains bearish for the moment. On the top side, key resistances are seen at 32.70,...

FxWirePro: Chinese yaun trades marginally lower despite higher than expected trade balance data

Oct 12, 2018 03:53 am UTC| Technicals

USD/CNY is currently trading around 6.8898 marks. It made intraday high at 6.9034 and low at 6.8872 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8898 marks will test key...

FxWirePro: Nikkei Daily outlook

Oct 12, 2018 03:25 am UTC| Technicals

Asian marketsis tradingmixed with Nikkei trading slightly lower on continuingsell-off in US markets . US markets especially Dow Jones lost more than 500 points and SP500 2728 (2.06%) .Shanghai is trading extremely weak...

FxWirePro: Singapore dollar appreciates in early Asia after GDP data, stay bearish

Oct 12, 2018 01:58 am UTC| Technicals

USD/SGD is currently trading around 1.3744 marks. It made intraday high at 1.3768 and low at 1.3737 levels. Intraday bias remains bearish till the time pair holds key resistance 1.3840 marks. A daily close...

FxWirePro: South Korean won remains unchanged against euro after unemployment rate data, bias remains neutral

Oct 12, 2018 01:29 am UTC| Technicals

EUR/KRW is currently trading around 1,315 mark. Pair made intraday high at 1,315 and low at 1,314 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,315 mark. A sustained...

FxWirePro: GBP/JPY daily Outlook

Oct 11, 2018 13:12 pm UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen - 148.35 Kijun-Sen - 146.16 GBPJPY has shown a sell-off of more than 100 pips after hitting high of 149.30. Previously the pair hits high of 149.71 and...

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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...

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Politics

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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

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

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

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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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