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FxWirePro: Singapore dollar falls gradually against U.S. dollar, faces strong resistance at 1.3637 mark

Nov 13, 2019 04:08 am UTC| Technicals

USD/SGD is currently trading around 1.3627 marks. It made intraday high at 1.3632 and low at 1.3616 levels. Intraday bias remains bullish till the time pair holds key support at 1.3590 mark. A daily close...

FxWirePro: USD/THB stabilizes above 30.30 mark, sustained close below requires for downside rally

Nov 13, 2019 03:26 am UTC| Technicals

USD/THB is currently trading around 30.32 marks. It made intraday high at 30.35 and low at 30.32 marks. Intraday bias remains neutral till the time pair holds key support at 30.35 mark. On the top side, key...

FxWirePro: Japanese yen trades marginally higher despite lower than expected PPI data

Nov 13, 2019 01:57 am UTC| Technicals

USD/JPY is currently trading around 108.93 marks. It made intraday high at 109.03 mark and low at 108.87 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 109.28...

FxWirePro: South Korean won remains almost unchanged after unemployment rate data

Nov 13, 2019 01:29 am UTC| Technicals

EUR/KRW is currently trading around 1,284 mark. It made intraday high at 1,284 and low at 1,283 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,286 mark. A sustained close...

FxWirePro: Kiwi strengthens remarkably against major peers as RBNZ keeps official cash rate unchanged

Nov 13, 2019 01:14 am UTC| Technicals

AUD/NZD is currently trading around 1.0684 marks. Pair made intraday high at 1.0806 and low at 1.0677 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0833 marks. A sustained...

FxWirePro: Major Pair levels and bias summary

Nov 12, 2019 17:10 pm UTC| Technicals

Major Pair levels and bias...

FxWirePro: CHFJPY trades flat, major move only above 110 level

Nov 12, 2019 17:00 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 109.62 Kijun-Sen- 109.73 CHFJPY is trading between 110.19 and 109.33 for the past 3 trading days. The pair formed a temporary bottom around 109.14 and shown...

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Economy

Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment

Asian markets rallied sharply on Monday, driven by investor optimism after a decisive election victory for Japanese Prime Minister Sanae Takaichi and renewed confidence in global monetary easing. The strong win boosted...

Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence

Japans stock market rallied strongly on Monday, with the Nikkei 225 Index surging to a new all-time high and crossing the 56,000 level for the first time during early trading. The historic rise came as investors reacted...

Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations

The Japanese yen extended its recent losing streak in early Asian trading on Monday after Prime Minister Sanae Takaichi secured a decisive victory in Sundays general election, reinforcing expectations for further fiscal...

South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

South Africa is keen to make use of potential new European Central Bank (ECB) repo liquidity lines, according to central bank governor Lesetja Kganyago, as the country continues to navigate easing inflation and a gradual...

Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

Politics

Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

The administration of U.S. President Donald Trump has filed an appeal challenging a federal court decision that ordered the Transportation Department to unfreeze funding for the $16 billion Hudson Tunnel Project, a major...

Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

Sydney is preparing for large-scale pro-Palestine protests as Israeli President Isaac Herzog visits Australia, prompting authorities to declare the trip a major event and deploy thousands of police across the city....

Anutin’s Bhumjaithai Party Wins Thai Election, Signals Shift Toward Political Stability

Thailands political landscape may be entering a more stable phase after Prime Minister Anutin Charnvirakuls Bhumjaithai Party secured a decisive victory in Sundays general election. Preliminary results from the Election...

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....