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FxWirePro: EUR/USD trades lower on weak German IFO data, good to sell on rallies

Mar 20, 2018 12:17 pm UTC| Technicals

EUR/USD pared its gain made yesterday after weaker than expected German IFO data. Euro declined almost 60 pips form the todays high of 1.23543. It is currently trading around 1.22893. German ZEW economic sentiment...

FxWirePro: GBP/AUD bulls in minor trend break-out range resistance and tests channel resistance – Trade one touch binaries and long hedge

Mar 20, 2018 11:30 am UTC| Technicals

The minor trend of GBPAUD was stuck in the range between 1.7930 and 1.7595 levels, but for now, after testing strong supports at range baseline, rallies spike sharply above DMAs with bullish crossover and managed to...

FxWirePro: GBPUSD trades lower on weak UK CPI data, good to buy on dips

Mar 20, 2018 10:44 am UTC| Technicals

Cable has shown a minor dip after release of UK CPI data. The pair declined 30 pips on account of weaker than expected UK CPI data.US dollar pared some of its losses made yesterday. Market eyes fed FOMC meeting tomorrow...

FxWirePro: Sell USDCAD below 1.3050

Mar 20, 2018 09:29 am UTC| Technicals

USDCAD is showing minor weakness after hitting high of 1.31246 yesterday. The pair has jumped almost more than 300 pips in this month. The main reason for decline in Canadian dollar was due to weak economic data and policy...

FxWirePro: USD/ZAR hovers around 12.00 mark, South Africa’s CPI data in focus

Mar 20, 2018 07:46 am UTC| Technicals

USD/ZAR is currently trading around 11.99 levels. It made intraday high at 12.04 and low at 11.97 levels. Intraday bias remains neutral till the time pair holds key resistance at 12.02 mark. A daily close...

FxWirePro: XAG/USD trades in narrow range, upside limited

Mar 20, 2018 07:25 am UTC| Technicals

XAG/USD is currently trading around $16.30 marks. It made intraday high at $16.33 and low at $16.27 levels. Intraday bias remains neutral for the moment. A daily close above $16.30 will test key resistances...

FxWirePro: GBP/JPY trades higher on Brexit deal, good to buy on dips

Mar 20, 2018 07:14 am UTC| Technicals

GBP/JPY jumped sharply yesterday almost 200 pips yesterday on account of Brexit deal. The pair hits high of 149.68. The GBP was trading higher against all majors as UK and EU agreed on Brexit transition deal. The pair...

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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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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

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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

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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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