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FxWirePro: Japanese yen falls in early Asia after BOJ’s monetary policy meeting minutes, hits lowest level since July 2018

Sep 25, 2018 01:14 am UTC| Technicals

USD/JPY is currently trading around 112.91 marks. It made intraday high at 112.97 and low at 112.75 levels. Intraday bias remains bullish till the time pair holds key support at 112.40 mark. A daily close...

FxWirePro: Crude at $72, WTI surpasses 50% Fibos on double bottom pattern – A glance at oil inventories and hedging perspectives

Sep 24, 2018 13:28 pm UTC| Technicals

The WTI crude oil price rallies have extended their recent recovery upto the current $72.02 levels, withWTIparticularly supported by hurricane risks. Technically,WTI crudeon daily plotting forms double bottom pattern...

FxWirePro: GBP/JPY Trade Idea

Sep 24, 2018 11:43 am UTC| Technicals

Candle stick pattern- Bearish Engulfing pattern Major support - 146.70 (10- day MA) GBPJPY has dropped sharply from high of 149.71 on Friday. The pair lost more than 250 pips on Brexit uncertainty. GBP was...

FxWirePro: EUR/USD downside capped by 5 day MA, good to buy on dips

Sep 24, 2018 11:39 am UTC| Technicals

EUR/USD pare some of its gains made on Friday. The pair hits 2.5 month high at 1.180247 and lost more than 75 pips. It hits low of 1.17240 at the time of writing and is currently trading around 1.17677. German Ifo business...

FxWirePro: Buy USD/CAD on dips

Sep 24, 2018 11:37 am UTC| Technicals

Chart pattern - Double Bottom USDCAD has shown a minor jump of more than 50 pips from the low of 1.28843. It has formed almost a double bottom at 1.2880 and any further weakness only below that level. On the...

Bitcoin bears drift in sideways through downward trend-line and descending triangle, but institutional interests intact despite SEC’s clampdown

Sep 24, 2018 11:33 am UTC| Technicals Digital Currency Insights & Views

Bitcoin continued its last weekends bearish sentiments, it has currently been, trading at $6,618.6 levels while articulating,BTCUSDtrend slides through descending triangle resistance, although bulls bounce back above...

FxWirePro: EUR/NOK enjoys roller coaster movement, consistent close above 9.6057 requires for upside rally

Sep 24, 2018 08:35 am UTC| Technicals

EUR/NOK is currently trading at 9.5760 levels. It made intraday high at 9.5787 and low at 9.5610 levels. Intraday bias remains neutral for the moment. A sustained close below 9.5652 will test key supports at...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

Donald Trump has positioned himself as the Republican Partys chief voice on the cost of living during a pivotal election year, but a Reuters review of his recent speeches shows a growing disconnect between his rhetoric and...

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...

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...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

The United States is pressing Ukraine and Russia to reach an agreement to end the war before the start of summer, Ukrainian President Volodymyr Zelenskiy said following two days of U.S.-brokered talks held in Abu Dhabi....

Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

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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