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FxWirePro: South Korean won opens onshore trade at 1,103.3 per dollar, faces key support at 1,101

Sep 26, 2016 02:03 am UTC| Technicals

USD/KRW is currently trading around 1,105 levels. It made intraday high at 1,106 and low at 1,102 marks. Intraday bias remains bullish till the time pair holds key support at 1,101 levels. A daily close...

FxWirePro: Kiwi falls in early hours of Asia on the back of lower than expected trade balance data                

Sep 26, 2016 01:20 am UTC| Technicals

AUD/NZD is currently trading around 1.0528 marks. Pair made intraday high at 1.0538 and low at 1.0497 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0450 marks. A...

FxWirePro: GBP/USD dips below lower range, bearish bias increases

Sep 23, 2016 14:36 pm UTC| Technicals

The GBP/USD pair fell as low as 1.2903 in the early US session as worries over Britains exit from the European Union weighted on the currency pair. The pair slipped sharply after British Foreign Secretary Boris...

FxWirePro: USD/TRY bulls resume on trend line support but restrained below 21-DMA, major trend goes in non-directional – Speculate boundary binaries

Sep 23, 2016 12:45 pm UTC| Technicals

Technical glimpse: Bulls have bounced back after taking trendline support at 2.9374 levels, but restrained at 21DMA. One can easily make out the bullish effects as and when it approaches the uptrend line. Thats where...

CAD/JPY Trade idea

Sep 23, 2016 12:30 pm UTC| Technicals

Major resistance 77.60 (trend line joining 78.63 and 77.88) Major intraday support- 77 (21- 4 H MA). The pair has pared its losses after making a low of 76.15 on Wednesday. It is currently trading around...

FxWirePro: CAD/JPY struggles to break trend line resistance , good to sell on rallies

Sep 23, 2016 11:25 am UTC| Technicals

Major resistance 77.60 (trend line joining 78.63 and 77.88). Major intraday support- 77 (21- 4 H MA). The pair has pared its losses after making a low of 76.15 on Wednesday. It is currently trading around...

EUR/USD Short term outlook

Sep 23, 2016 09:31 am UTC| Technicals

EUR/USD showed huge jump from the low of 1.11229 after Fed monetary policy. But not able to hold above 1.1200 level. The pair has broken major psychological level at 1.1200 and declined till 1.1938 at the time of...

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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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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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