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FxWirePro: Indian rupee falls gradually against U.S. dollar, stay bullish

Jan 30, 2018 06:53 am UTC| Technicals

USD/INR is currently trading around 63.75 marks. It made intraday high at 63.76 and low at 63.63 marks. Intraday bias remains bullish till the time pair holds key support at 63.48 mark. Key resistances are...

FxWirePro: NZD/CAD holds 20-DMA support at 0.9026, break below to see further weakness

Jan 30, 2018 06:51 am UTC| Technicals

NZD/CAD edged higher from 2-week lows at 0.9008, currently trades at 0.9046 level. Kiwi derives support from upbeat New Zealand trade data while CAD dented on weakness in oil prices, pushing the pair...

FxWirePro: NZD/CAD holds 20-DMA support at 0.9026, break below to see further weakness

Jan 30, 2018 06:51 am UTC| Technicals

NZD/CAD edged higher from 2-week lows at 0.9008, currently trades at 0.9046 level. Kiwi derives support from upbeat New Zealand trade data while CAD dented on weakness in oil prices, pushing the pair...

FxWirePro: NZD/JPY breaks 200-DMA support, bias lower, stay short

Jan 30, 2018 06:32 am UTC| Technicals

Kiwi ignores upbeat NZ merchandise trade data, NZD/JPY edges lower, trades 0.22% down. New Zealand posted an unadjusted trade surplus of $640m in December, which was well above market expectations. Kiwi remains...

FxWirePro: AUD/USD gravestone followed by back-to-back long legged dojis hamper bullish momentum, consolidation phase still robust but edgy at resistance

Jan 30, 2018 06:30 am UTC| Technicals

Chart and candlestick pattern formed: Gravestone long-legged doji candlesticks and rising channel patterns have occurred on daily plotting. The bullish engulfing pattern on the monthly chart. Gravestone doji, shooting...

FxWirePro: Gold trades weak on rising US yields, good to sell on rallies

Jan 30, 2018 06:09 am UTC| Technicals

Gold has declined almost $18 from the high of $1352 formed yesterday. The yellow metal selling was mainly due to rise in US yields and slight recovery in US dollar. US dollar index has recovered more than 100 pips from the...

FxWirePro: USD/TWD breaks key resistance at 29.20 mark, intraday bias remains bullish

Jan 30, 2018 05:52 am UTC| Technicals

USD/TWD is currently trading around 29.20 marks. It made intraday high at 29.23 and low at 29.12 marks. Intraday bias remains bullish till the time pair holds key support at 29.02 mark. A daily close above...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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Politics

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U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

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

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...

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

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...

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

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

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...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...
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