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FxWirePro: NZD/USD finds strong support at 0.7290, weakness only on break below

Nov 07, 2016 05:39 am UTC| Technicals

NZD/USD trades with a decent positive momentum, bias higher as long as support at 0.7290 holds. The pair is currently down 0.25% on the day on renewed risk-on after FBI clears Clinton emails. We see weakness only...

FxWirePro: Silver trades lower in early hours of Asia; stay bearish

Nov 07, 2016 05:24 am UTC| Technicals

XAG/USD is currently trading around $18.11 marks. It made intraday high at $18.26 and low at $18.07 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $18.45 marks. A...

FxWirePro: USD/JPY extends gains above 104 handle after gap up open, intraday bias higher

Nov 07, 2016 04:23 am UTC| Technicals

Resurgence of risk-on after the FBI director cleared Clinton of the emails case once again boosted US dollar bids. USD/JPY is extending gains above 104 handle after bullish gap up open in early Asian...

FxWirePro: USD/TWD hits fresh 3-week low at 31.38, good to sell on rallies

Nov 07, 2016 03:32 am UTC| Technicals

USD/TWD is currently trading around 31.44 marks. It made intraday high at 31.48 and low at 31.38 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.55 marks. A daily close...

fxWirePro:ASX200 trades higher, good to sell on rallies

Nov 07, 2016 03:32 am UTC| Technicals

Major support - 5150 (Sep 13th 2016 low) Minor intraday resistance - 5275 (200- day MA). The index jumped sharply till 5250 from the low of 5140 on account of clean chit by FBI on Hillary Clinton. It is currently...

FxWirePro: Nikkei225 opened up on FBI clean chit to Clinton, good to sell on rallies

Nov 07, 2016 03:02 am UTC| Technicals

Major support - 16800 Nikkei225 showed a gap up opening today morning after FBI gives clean chit to Hillary Clinton . The index rose 1.7% to 17184 at the time of writing from the low of 16804, the lowest till Oct...

FxWirePro: Singapore dollar falls against U.S. dollar in early hours of Asia; stay bullish

Nov 07, 2016 02:28 am UTC| Technicals

USD/SGD is currently trading around 1.3873 marks. It made intraday high at 1.3877 and low at 1.3833 levels. Intraday bias remains bullish till the time pair holds key support at 1.3819 marks. A sustained...

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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

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Politics

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

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

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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

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NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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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

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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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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