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FxWirePro: USD/SGD hovers around key support at 1.4035, sustained close below targets 1.3964

May 15, 2017 01:35 am UTC| Technicals

USD/SGD is currently trading around 1.4037 marks. It made intraday high at 1.4046 and low at 1.4037 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.4095 marks. A daily close...

FxWirePro: Kiwi marginally higher on robust retail sales data                

May 15, 2017 01:04 am UTC| Technicals

AUD/NZD is currently trading around 1.0763 marks. Pair made intraday high at 1.0778 and low at 1.0749 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0804 marks. A daily...

FxWirePro: USD/JPY loses momentum but outlook is bullish

May 12, 2017 17:14 pm UTC| Technicals

USD/JPY declined on Friday after underwhelming U.S. retail sales data and geopolitical worries spurred safe-haven demand. A risk-off sentiment gripped dollar this week after President Donald Trump unexpectedly fired...

FxWirePro: GBP/USD strongly bearish despite upside attempts

May 12, 2017 14:36 pm UTC| Technicals

GBP/USD declined on Friday as sterling was weighed ahead to Britains negotiations on leaving the European Union, after the Bank of England showed no sign of leaning more towards raising interest rates. Thursdays BoE...

FxWirePro: EUR/USD gains some upside but reversal is likely

May 12, 2017 14:17 pm UTC| Technicals

The EUR /USD pair inched higher on Friday as dollar gave up some ground after data showed U.S. retail sales increased less-than-expected in April. U.S. retail sales increased in April as households bought more motor...

FxWirePro: Sell GBP/USD on rallies

May 12, 2017 13:04 pm UTC| Technicals

Cable shown a slight decline after central bank kept the interest rate unchanged at 0.25% and lowers growth forecast. The committee voted by a majority of 7-1 to maintain bank rate at 0.25%. The pair has closed below minor...

FxWirePro: EUR/USD trade idea

May 12, 2017 12:51 pm UTC| Technicals

Dollar remains strongest currency for the week against all majors. EUR/USD has fallen till 1.08533 yesterday after upside rejection at 1.1020 (high made after French election result). It is currently trading around...

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

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Science

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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

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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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