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FxWirePro: Gold trades higher on strong fear factor, good to buy on dips

Feb 14, 2018 06:51 am UTC| Technicals

Gold has jumped almost $15 from yesterday low on increasing markets safety concerns. The yellow metal formed a minor bottom at $1306.95 on Feb 8th 2018 and minor weakness only below that level. The commodity breaks the...

FxWirePro: USD/CNY breaks key resistance at 6.3400 mark, PBOC sets yuan mid-point at 6.3428  

Feb 14, 2018 06:44 am UTC| Technicals

USD/CNY is currently trading around 6.3440 marks. It made intraday high at 6.3530 and low at 6.3305 levels. Intraday bias remains bullish for the moment. A sustained close above 6.3379 marks will test key...

FxWirePro: NZD/USD hovers around 20-DMA at 0.7307, breakout to see further upside

Feb 14, 2018 06:10 am UTC| Technicals

NZD/USD struggles to extend break above 20-DMA at 0.7307, break above will see further upside. The pair has edged lower from 2-weke highs at 0.7335, is trading around 0.7310, up 0.50 % at the time of writing. The...

FxWirePro: DAX30 upside capped by 233- day MA, good to sell on rallies

Feb 14, 2018 06:02 am UTC| Technicals

DAX index has closed slightly on the downside yesterday nearly 0.77% lower. But Dow and SP rose slightly on Tuesday for the third consecutive days. Market waits US Consumer price data to be released today for further...

FxWirePro: AUD/USD bounces off 200-DMA, bias higher, good to go long on dips

Feb 14, 2018 05:50 am UTC| Technicals

Broad-based US dollar weakness amid lower US Treasury yields supporting AUD/USD higher. Caution seen in the markets ahead of the key US CPI figures, which are likely to shape up the Feds rate hike outlook this...

FxWirePro: AUD/USD bounces off 200-DMA, bias higher, good to go long on dips

Feb 14, 2018 05:50 am UTC| Technicals

Broad-based US dollar weakness amid lower US Treasury yields supporting AUD/USD higher. Caution seen in the markets ahead of the key US CPI figures, which are likely to shape up the Feds rate hike outlook this...

FxWirePro: Indian rupee appreciates ahead of WPI inflation data

Feb 14, 2018 05:39 am UTC| Technicals

USD/INR is currently trading around 64.16 marks. It made intraday high at 64.28 and low at 64.11 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.28 mark. Key resistances...

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Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

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Politics

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Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

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Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

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Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

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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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Technology

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

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

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

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Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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