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FxWirePro: USD/SGD rejects key support at 1.3784 mark, intraday bias remains neutral

Jun 08, 2017 02:41 am UTC| Technicals

USD/SGD is currently trading around 1.3825 marks. It made intraday high at 1.3838 and low at 1.3818 levels. Intraday bias remains neutral for the moment. A daily close above 1.3825 will test key resistances...

FxWirePro: Japanese yen depreciates on the back of lower than expected GDP data

Jun 08, 2017 01:58 am UTC| Technicals

USD/JPY is currently trading around 109.88 marks. It made intraday high at 110.01 and low at 109.73 levels. Intraday bias remains slightly bullish till the time pair holds key support at 109.11 marks. A...

FxWirePro: Japanese yen depreciates on the back of lower than expected GDP data

Jun 08, 2017 01:58 am UTC| Technicals

USD/JPY is currently trading around 109.88 marks. It made intraday high at 110.01 and low at 109.73 levels. Intraday bias remains slightly bullish till the time pair holds key support at 109.11 marks. A...

FxWirePro: EUR/KRW breaks key resistance at 1,263 mark, stay bullish

Jun 08, 2017 01:02 am UTC| Technicals

EUR/KRW is currently trading around 1,266 mark. Pair made intraday high at 1,266 and low at 1,262 levels. Intraday bias remains bullish till the time pair holds key resistance at 1,256 marks. A sustained...

FxWirePro: EUR/USD gains some upside momentum but still bearish

Jun 07, 2017 15:04 pm UTC| Technicals

The EUR /USD pair rose in the US session on Wednesday as investors consolidated positions ahead of a key events on Thursday, including a European Central Bank policy meeting and Britains general election. Markets will...

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption

Jun 07, 2017 14:42 pm UTC| Technicals

USD/JPY dipped on Wednesday as investors preferred safe haven assets such as Japanese yen ahead of a series of economic and political events on Thursday. Three key events -- UK elections, a European Central Bank...

FxWirePro: USD/CHF breaks descending trend line channel resistance, jump till 0.9760 likely

Jun 07, 2017 12:42 pm UTC| Technicals

USD/CHF broken week long trend line resistance at 0.9567 and shown a minor jump till 0.96775. It is currently trading around 0.96599. In the hourly chart the pair is trading slightly above hourly Tenkan-Sen and...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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

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

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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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

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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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