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FxWirePro: USD/INR jumps above 64.00 mark, short term trend reversal likely

Aug 10, 2017 05:42 am UTC| Technicals

USD/INR is currently trading around 64.01 marks. It made intraday high at 64.10 and low at 63.91 marks. Intraday bias remains bullish till the time pair holds key support at 63.75 marks. Key resistances are...

FxWirePro: USD/THB breaks key support at 33.22 mark, good to sell on rallies

Aug 10, 2017 04:56 am UTC| Technicals

USD/THB is currently trading around 33.25 marks. It made intraday high at 33.26 and low at 33.19 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.35 mark. On the top side,...

FxWirePro: Singapore dollar falls in early Asia, intraday bias remains bullish

Aug 10, 2017 04:11 am UTC| Technicals

USD/SGD is currently trading around 1.3649 marks. It made intraday high at 1.3651 and low at 1.3618 levels. Intraday bias remains bullish till the time pair holds key support at 1.3637 mark. A daily close...

FxWirePro: NZD/USD recovery fails to hold break above 20-DMA, slips below 50-DMA at 0.7313, bias lower

Aug 10, 2017 03:29 am UTC| Technicals

NZD/USD has breached 50-DMA support at 0.7313 after recovery in the pair was rejected at highs. The pair has failed to hold break above 20-DMA, slips lower to currently trade around 0.73 handle. RBNZ this morning...

FxWirePro: EUR/KRW hovers around 1,340 mark, stay bullish

Aug 10, 2017 03:21 am UTC| Technicals

EUR/KRW is currently trading around 1,339 mark. Pair made intraday high at 1,339 and low at 1,335 levels. Intraday bias remains bullish till the time pair holds key support at 1,323 mark. A sustained close...

Nikkei225 : Daily Outlook

Aug 10, 2017 03:01 am UTC| Technicals

Nikkei has broken major support 19925 (55- day EMA ) on Tuesday and declined till 19635 yesterday.The index is expected to decline till 19277 on account of strong yen. The index has made a temporary top at 20319 on Jun...

FxWirePro: Japanese yen trades almost flat against U.S. dollar after mixed economic data from Japan

Aug 10, 2017 02:48 am UTC| Technicals

USD/JPY is currently trading around 110.07 marks. It made intraday high at 110.17 and low at 109.87 levels. Intraday bias remains neutral till the time pair holds key support at 110.05 marks. A daily close...

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Economy

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Politics

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U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

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Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

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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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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

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...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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