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FxWirePro: USD/INR back above 68.00 mark, stay bullish

May 18, 2018 06:19 am UTC| Technicals

USD/INR is currently trading around 68.01 marks. It made intraday high at 68.12 and low at 67.77 marks. Intraday bias remains bullish till the time pair holds key support at 67.50 mark. Key resistances are...

FxWirePro: Nikkei trades steady, markets eye US- China trade talks

May 18, 2018 06:00 am UTC| Technicals

Asian markets are trading flat as market eyes US-China trade talks in U.S markets yesterday. US and China launch a second round of trade talks on Thursday to avert trade tariff war. Trump admin sought $200 billion...

FxWirePro: NZD/CHF Trade Idea

May 18, 2018 05:55 am UTC| Technicals

FxWirePro Currency Strength Index for NZD/CHF: Bias Bearish FxWirePros Hourly NZD Spot Index was at -95.4927 (Bearish) FxWirePros Hourly CHF Spot Index was at 67.48 (Neutral) Technical Analysis: Bias Bearish - Upside...

FxWirePro: AUD/NZD on track to test 61.8% Fib at 1.0984, weakness only below 200-DMA

May 18, 2018 05:00 am UTC| Technicals

AUD/NZD holds above 200-DMA, is on track to 61.8% Fib at 1.0984. Price action has shown a breakout of Symmetric Triangle pattern and we see scope for further upside. Technical indicators support gains in the...

FxWirePro: USD/TWD trades in narrow range, stay bullish only above 30.02 mark

May 18, 2018 04:20 am UTC| Technicals

USD/TWD is currently trading around 29.89 marks. It made intraday high at 29.94 and low at 29.89 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.02 mark. A daily close...

FxWirePro: USD/JPY breaks major trendline resistance at 110.50, tests 111 handle, bias higher

May 18, 2018 03:49 am UTC| Technicals

USD/JPY hits 111 handle, the highest level since Jan. 23, bias bullish. US dollar bull trend remains intact while the yields keep pushing higher. Improved risk-on seen after China said it is willing to work with U.S....

FxWirePro: USD/THB remains well supported above 32.00 mark, faces key resistance at 32.22

May 18, 2018 03:00 am UTC| Technicals

USD/THB is currently trading around 32.12 marks. It made intraday high at 32.13 and low at 32.06 marks. Intraday bias remains bullish till the time pair holds key support at 32.02 mark. On the top side, key...

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Economy

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Politics

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

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ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

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NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

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U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

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Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

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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

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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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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...
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