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USD/INR underpinned by stocks

Mar 11, 2015 03:11 am UTC| Technicals

USD/INR to open steady around 62.83 vs 62.77 previous close Risk aversion, selling pressure in bonds and stocks underpin NDFs rallied on rapid buying overnight, 1month 63.17-63.32 range, closed...

AUD/USD pressured as USD moves higher

Mar 11, 2015 02:53 am UTC| Technicals

USD bid well, NZD/USD fall leading the way AUD/USD below 0.7620 after trading as high as 0.7645 earlier in session Talk of option barrier at 0.7600 dampening aggressive selling for...

USD/SGD finds support around 1.3850

Mar 11, 2015 02:52 am UTC| Technicals

USD/SGD well supported around 1.3850, SGD NEER corrected to around -1.8% Intervention from agents restrains strong buying for now but bullish bias intact Speculation MAS will change its SGD appreciation...

AUD/CNH sees next stop psychological level at 4.7500

Mar 11, 2015 02:48 am UTC| Technicals

Doji in Asia - opened -0.87% - AUD led on broad USD strength Momentum studies crest with 5, 10 20 dmas - negative setup Fresh 4.7692 all time low yesterday - 4.7500 psychological support next Initial...

EUR/USD dips 35pts in early Asia

Mar 10, 2015 21:44 pm UTC| Technicals

Bearish trend remains strong - targets 1.0500 Mar 03 low 5, 10 20 daily weekly monthly MAs trend south Asian 1.0666/1.0697 range is initial...

USD/CLP repels near 2015 high at 633.75, weak China PPI data weighs on peso

Mar 10, 2015 13:59 pm UTC| Technicals

USD/CLP near 2015 high at 633.75, weak China PPI data weighs on peso/copper Broad EM currency space weak, BCCh poll sees rates steady in 2015, inflation remains above target USD/CLP Resistance at 633.75 todays high,...

GBP/USD could attempt to rally further, long targets fibo retrace

Mar 10, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters 1.5025 could be a base ahead of the 1.4952 lows from Jan 23 Oversold trend indicators suggest that pair could attempt to rally further 1.5227 = 38.2% retrace of the fall from 1.5554 to...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

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Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

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...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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