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FxWirePro: AUD/JPY holds 50-DMA support, break below to see further weakness

Feb 01, 2017 05:47 am UTC| Technicals

AUD/JPY halts downside at 50-DMA at 85.16 on Tuesdays trade. The pair is extending its consolidative mode in the Asian session. Bias is slightly bearish, break below 50-DMA will see resumption on...

FxWirePro: USD/JPY retakes 113 handle, finds stiff resistance at 113.87 (5-DMA)

Feb 01, 2017 05:24 am UTC| Technicals

Fundamental Factors: Data released earlier today showed Japans January Nikkei manufacturing PMI decreased to 52.7 vs previous 52.8. Bank of Japan on Tuesday kept policy unchanged in line with forecasts and extended...

FxWirePro: USD/INR stabilizes above 67.50 mark, India’s manufacturing PMI data in focus

Feb 01, 2017 04:50 am UTC| Technicals

USD/INR is currently trading around 67.63 marks. It made intraday high at 67.66 and low at 67.48 marks. Intraday bias remains neutral till the time pair holds key support at 67.50 marks. Key resistances are...

FxWirePro: More AUD/NZD rallies on cards on dragonfly doji formation but major trend remains intact at 21-EMA in sloping channel

Feb 01, 2017 04:10 am UTC| Technicals

On thedaily chart, after two weeks of bearish pressures, bulls taking support at 1.0350 levels and attempting to bounce with a formation of dragonfly doji which is a bullish pattern, the potential for more price upswings...

FxWirePro: Thai baht marginally lower against U.S. dollar after Thailand’s CPI, core CPI data

Feb 01, 2017 03:52 am UTC| Technicals

USD/THB is currently trading around 35.13 marks. It made intraday high at 35.16 and low at 35.10 marks. Intraday bias remains neutral till the time pair holds key support at 35.10 marks. On the top side key...

FxWirePro: Singapore dollar erases previous gain against U.S. dollar, upside limited

Feb 01, 2017 03:14 am UTC| Technicals

USD/SGD is currently trading around 1.4133 marks. It made intraday high at 1.4137 and low at 1.4094 levels. Intraday bias remains neutral for the moment. A daily close above 1.4098 will test key resistances...

FxWirePro;Nikkei225 downside capped by 23.6% fibo, good to sell on rallies

Feb 01, 2017 03:00 am UTC| Technicals

Nikkei225 slightly recovered after declining till 18818 yesterday.It is currently trading around 19041 0.26% higher. The index is facing strong support at 23.6% fibo and any break below confirm major...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

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

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

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Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

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

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

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

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

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

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

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

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

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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