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FxWirePro: USD/ZAR remains well supported above 11.70 mark, short term trend reversal likely

Mar 29, 2018 06:05 am UTC| Technicals

USD/ZAR is currently trading around 11.75 levels. It made intraday high at 11.78 and low at 11.74 levels. Intraday bias remains neutral till the time pair holds key support at 11.62 mark. A daily close...

FxWirePro: DAX30 Daily Outlook

Mar 29, 2018 05:36 am UTC| Technicals

DAX index inched higher after a decline of 0.65%. The index hits low of 11770 and shown a good jump till 12014 level. US indices SP 500 and Dow jones was trading flat and major decline was due to the tech stocks. NASDAQ...

FxWirePro: USD/CNY hovers around 6.29 mark, PBOC sets yuan mid-point at 6.3046 per U.S. dollar

Mar 29, 2018 05:00 am UTC| Technicals

USD/CNY is currently trading around 6.2914 marks. It made intraday high at 6.3040 and low at 6.2914 levels. Intraday bias remains neutral till the time pair holds key resistance at 6.3160 marks. A sustained...

FxWirePro: AUD/USD breaks below major EMAs, eyes channel base at 0.7450

Mar 29, 2018 04:48 am UTC| Technicals

AUD/USD is trading in a narrow range in the Asian session today, bias remains bearish. The major has broken below major exponential moving averages and we see scope for further downside. Upbeat US GDP data along...

FxWirePro: NZD/USD finds strong support at 0.7185, break below to accentuate weakness

Mar 29, 2018 03:38 am UTC| Technicals

NZD/USD slips back below 0.72 handle, trades 0.27% lower on the day as we write. The major weighed down as the US Dollar extends gains across the board on upbeat data overnight. US GDP exceeded expectations, came...

FxWirePro: South Korean won falls in early Asia as manufacturing BSI index misses expectations

Mar 29, 2018 02:51 am UTC| Technicals

EUR/KRW is currently trading around 1,313 mark. Pair made intraday high at 1,314 and low at 1,307 levels. Intraday bias remains slightly bullish till the time pair holds immediate support at 1,307 mark. A...

FxWirePro: USD/SGD back above 1.3100 mark, bias remains neutral

Mar 29, 2018 02:31 am UTC| Technicals

USD/SGD is currently trading around 1.3119 marks. It made intraday high at 1.3137 and low at 1.3117 levels. Intraday bias remains neutral for the moment. A daily close above 1.3123 will test key resistances...

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Economy

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

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

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Politics

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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

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NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Technology

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

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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

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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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