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FxWirePro: Thai baht trades marginally higher despite lower than expected manufacturing production data

Jan 31, 2018 03:47 am UTC| Technicals

USD/THB is currently trading around 31.35 marks. It made intraday high at 31.42 and low at 31.33 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.50 mark. A daily close...

FxWirePro: Chinese yuan trades marginally lower as manufacturing PMI data misses expectations

Jan 31, 2018 03:22 am UTC| Technicals

USD/CNY is currently trading around 6.3266 marks. It made intraday high at 6.3305 and low at 6.3198 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.3198 marks will...

FxWirePro: AUD/NZD finds strong support at 1.0950 (20-DMA), good to go short on break below

Jan 31, 2018 02:54 am UTC| Technicals

AUD/NZD has failed to break out of daily Ichimoku cloud which was stiff resistance at 1.1072. The pair has edged lower to break below 100-DMA and is currently trading at 1.0956 levels. Aussie dented after lower...

FxWirePro: Aussie falls against major peers on the back of lower than expected CPI data

Jan 31, 2018 02:31 am UTC| Technicals

AUD/NZD is currently trading around 1.0956 marks. Pair made intraday high at 1.1039 and low at 1.0954 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.1050 mark. A sustained...

FxWirePro: South Korean won falls in early Asia as industrial output, service sector output data fail to match expectations

Jan 31, 2018 02:07 am UTC| Technicals

EUR/KRW is currently trading around 1,329 mark. Pair made intraday high at 1,330 and low at 1,328 levels. Intraday bias remains bullish till the time pair holds key support at 1,320 mark. A sustained close...

FxWirePro: XRP/USD daily Outlook

Jan 30, 2018 13:33 pm UTC| Technicals

XRP/USD was consolidating in narrow range after forming a minor bottom around 1.150 level. The pair started to decline after from that level. It is currently trading around 1.200 . Ripple hits high of 1.4390 on Jan...

FxWirePro: GBP/JPY trade Idea

Jan 30, 2018 13:13 pm UTC| Technicals

GBP/JPY has broken major support at 153 and declined almost 50 pips from that level. The pair dipped till 152.43. It is currently trading around 153.40. Intraday trend is bearish as long as resistance 153.20 (20- day...

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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...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

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RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

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

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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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