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FxWirePro: USD/CAD Trade idea

Apr 25, 2017 12:12 pm UTC| Technicals

USD/CAD hits four month high today after U.S Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy duties on Canadian softwood lumber imports. The pair broken the major resistance of 1.35349 high...

FxWirePro: USD/CAD hits four month high, good to buy on dips

Apr 25, 2017 10:22 am UTC| Technicals

USD/CAD hits four month high today after U.S Commerce Secretary Wilbur Ross said his agency will impose new anti-subsidy duties on Canadian softwood lumber imports. The pair broken the major resistance of 1.35349 high...

FxWirePro: USD/JPY forms shooting star despite gap up, bulls attempts to breach 21-DMA, major trend still weaker – Speculative bets on binaries but use short hedge

Apr 25, 2017 10:01 am UTC| Technicals

Shooting star has appeared on USDJPY despite the gap up opening yesterday, price behavior drifting in the sloping channel (refer daily chart) if the prevailing attempts of upswings sustain decisively more rallies seem to...

FxWirePro: USD/JPY trades above as risk appetite improved, good to buy on dips

Apr 25, 2017 06:38 am UTC| Technicals

USD/JPY shown a mild decline after a gap up yesterday. The pair jumped till 110.51 and is currently trading around 110.12. Market awaits tax reform of Donald trump on Wednesday for further direction. It is expected...

FxWirePro: Gold trades lower on French First round election, good to sell on rallies

Apr 25, 2017 06:00 am UTC| Technicals

Gold steadied today after huge fall in the previous session due to French election result. The yellow metal is currently trading around $1273.27 0.187% lower. Gold price is expected to decline further as the threat of...

FxWirePro: Taiwanese dollar gains in early Asia, good to sell on rallies

Apr 25, 2017 03:33 am UTC| Technicals

USD/TWD is currently trading around 30.19 marks. It made intraday high at 30.27 and low at 30.14 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.38 marks. A daily close...

FxWirePro:Nikkei trades slightly above 19000, jump till 19600 likely

Apr 25, 2017 03:09 am UTC| Technicals

Nikkei continues its winning streak as French election relief boosts risk appetite.The index broken major psychological resistance at 19000 and jumped till 19058 at the time of writing. The risk rally has kept safe haven...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

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Politics

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

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Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

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Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

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Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

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Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

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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

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

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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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...

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...
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