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

Oct 12, 2016 14:33 pm UTC| Technicals

The EUR /USD pair fell as low as 1.1008 during the early US session on Wednesday as greenback added to recent gains ahead of minutes from the Federal Reserves latest monetary policy meeting. The U.S. currency also...

USD/CAD Trade idea

Oct 12, 2016 12:37 pm UTC| Technicals

Major Resistance- 1.3320 (trend line joining 1.32481 and 1.32809). Major support 1.3175 (10- day MA). Loonie has taken support near trend line support at 1.3130 and started to jump from that level. The pair...

FxWirePro: USD/CAD faces trend line support at 1.3130, good to buy on dips

Oct 12, 2016 10:51 am UTC| Technicals

FxWirePro: Sell DAX30 below 10550

Oct 12, 2016 10:42 am UTC| Technicals

Major intraday resistance- 10612 (21- HMA). Major Support -10520 (200- HMA). DAX has slightly recovered from the low of 10546 made yesterday. But its upside is capped by21- HMA and any break above 10615 will take...

FxWirePro: Thai baht falls more than 1 pct; hits lowest level since late January

Oct 12, 2016 08:35 am UTC| Technicals

USD/THB is currently trading around 35.68 marks. It made intraday high at 35.90 and low at 35.32 marks. Intraday bias remains bullish for the moment. On the top side key resistances are seen at 35.90, 36.05,...

FxWirePro: EUR/USD forms Bullish Gartley Pattern, good to buy on dips

Oct 12, 2016 07:35 am UTC| Technicals

Harmonic pattern formed- Bullish Gartley pattern. Potential Reversal Zone (PRZ)-1.0900 EUR/USD has formed Bullish Gartely pattern in the daily chart. The pair has broken major support at 1.1045 and declined till...

FxWirePro: USD/CNY jumps above 6.72 mark, PBOC sets yuan mid-point at 6.7258

Oct 12, 2016 07:14 am UTC| Technicals

USD/CNY is currently trading around 6.7191 marks. It made intraday high at 6.7273 and low at 6.7151 levels. Intraday bias remains bullish till the time pair holds key support at 6.6820 marks. On the top...

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Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

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Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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

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Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

The United States military carried out extensive airstrikes against Islamic State (ISIS) targets across Syria on Friday, escalating its response after a deadly attack on American personnel, according to U.S. officials. The...

Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

Russian President Vladimir Putins special envoy Kirill Dmitriev is traveling to Miami for talks with U.S. President Donald Trumps envoy Steve Witkoff and Trumps son-in-law Jared Kushner, according to a Russian source cited...

Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

A Russian missile attack late on Friday struck critical port infrastructure near Ukraines Black Sea port city of Odesa, killing at least seven people and injuring 15 others, according to Ukrainian officials. The attack...

Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

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Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

Brazils Supreme Court Justice Alexandre de Moraes has authorized former President Jair Bolsonaro to temporarily leave the Federal Police Superintendency in Brasília, where he is currently serving a 27-year prison...

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

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

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

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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...

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...