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FxWirePro: Indian rupee marginally higher against U.S. dollar, short term trend reversal likely

Jan 12, 2017 05:15 am UTC| Technicals

USD/INR is currently trading around 68.15 marks. It made intraday high at 68.24 and low at 68.09 marks. Intraday bias remains bearish till the time pair holds key resistance at 68.21 marks. Key resistances...

FxWirePro:ASX200 struggles to close above 161.8% fibo, good to buy on dips

Jan 12, 2017 03:17 am UTC| Technicals

Major support 5750 (200- H MA). ASX200 is trading in narrow range between 5832 and 5745 for the past three trading session. It is currently trading around 5785. The index upside capped by 161.8% fibo and any close...

FxWirePro: USD/THB hits fresh 2-month low at 35.31, stay bearish

Jan 12, 2017 03:14 am UTC| Technicals

USD/THB is currently trading around 35.35 marks. It made intraday high at 35.44 and low at 35.31 marks. Intraday bias remains bearish till the time pair holds key resistance at 35.61 mark. On the top side...

FxWirePro:Nikkei225 trades lower on stronger yen, good to sell on rallies

Jan 12, 2017 02:57 am UTC| Technicals

Nikkei225 breaks major support at 19200 and declined slightly till 19090 yesterday .The slight jump in yen has made index to decline till 19098. It is currently trading around 19178 0.90% lower. USD/JPY has broken major...

FxWirePro: USD/JPY trade idea - short rallies for 114

Jan 12, 2017 02:50 am UTC| Technicals

Technical Analysis: USD/JPY has broken major trendline support at 115.45, upside remain capped by 5-DMA at 115.77. Momentum has turned bearish, we see scope for test of 114 levels. RSI has slipped below 50...

FxWirePro: USD/SGD hits fresh 4-week low at 1.4241, faces strong support at 1.4202

Jan 12, 2017 02:25 am UTC| Technicals

USD/SGD is currently trading around 1.4274 marks. It made intraday high at 1.4291 and low at 1.4252 levels. Intraday bias remains neutral for the moment. A daily close above 1.4269 will test key resistances...

FxWirePro: AUD/USD spikes past 50-DMA, momentum bullish, stay long

Jan 12, 2017 02:17 am UTC| Technicals

Technical Analysis: AUD/USD has broken above 50-DMA at 0.7402 and intraday bias higher. Long-USD positions to be pared after Trumps disappointing press conference. The pair has broken major channel top resistance...

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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

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

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

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

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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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