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GBP/USD dips below $1.4440 but immediately recovers above $1.45 despite the negative manufacturing data

Feb 10, 2016 10:20 am UTC| Technicals

Pair is currently trading at $1.4504 levels. It made intraday high at $1.4510 and low at $1.4435 levels. UK released manufacturing production data with negative numbers. Manufacturing production data failed to meet...

FxWirePro: EUR/GBP largely muted to weaker UK industrial output data, focus on Yellen’s testimony

Feb 10, 2016 09:53 am UTC| Technicals

EUR/GBP fades a spike to 0.7790, quickly reversing gains post downbeat UK industrial output data. UKs total industrial production in December dropped by 1.1%; its lowest output level since September 2012, while the...

DAX breaks minor resistance 8965, targets 9195

Feb 10, 2016 09:15 am UTC| Technicals

Minor resistance - 8966 (7 day 4H EMA) Major support -8800 DAX has broken minor resistance 8966 and jumped till 9025 at the time of writing . It is currently trading around 9023. On the higher side any break...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Feb 10, 2016 08:56 am UTC| Technicals Digital Currency

BTC/USD is trading in narrow range between $369-$380. It is currently trading around $373. Short term trend is slightly bullish as long as support $350 holds. On the higher side the pair is facing strong resistance...

FX Hedging Strategy Series

Lagging indicators and volumes substantiate AUD/CAD’s slumps - Speculate with binary calls and hedge with debit spreads

Feb 10, 2016 08:36 am UTC| Technicals

Daily and Weekly charts are still popping up selling signals in this pair that may slide down again after testing channel supports at 0.9711 levels. As shown on the daily charts, as the pair seems unlikely to break and...

Gold faces major resistance around $1205, break above targets $1258/$1300

Feb 10, 2016 07:28 am UTC| Technicals

Major resistance -$1205 (trend line joining $1387 and $1307) Major support - $1148 (55 W EMA) The commodity has made a high of $1200 and slightly declined from that level. It is currently trading around...

Euro fails to sustain above 1.13marks, intraday bias remain bullish

Feb 10, 2016 07:28 am UTC| Technicals

Pair is currently trading around $1.1282 levels. It made intraday high at $1.1311 and low at $1.1277 levels. The euro currency significantly rose against the greenback on Tuesday, spiking to the lowest point since...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

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Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Science

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

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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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Technology

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

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

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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

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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...
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