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FxWirePro: EUR/CHF rangebound, daily cloud base by 1.0403 supports

Jul 20, 2015 08:54 am UTC| Technicals

Bid tone around the single currency is helping EUR/CHF higher, currently trades at 1.04452 Daily price action in the pair remains within the cloud, supported by cloud base at 1.0403 The pair trades range-bound with days...

FxWirePro: EUR/GBP off from Friday's 8 year low, but correction likely to be small

Jul 20, 2015 08:14 am UTC| Technicals

GBP appears attractive against the low-yielding European currencies and is likely to continue its outperformance in the near term The common currency is finding some support in the European session and EUR/GBP is off...

AUD/USD spikes to fresh intraday high above $0.7380

Jul 20, 2015 06:57 am UTC| Technicals

The Australian dollar was the main straggler in a quiet start to the week Market to look forward for the RBA minutes and RBNZ meeting due later in the week RBA CPI due release on Wednesday, market expects the RBAs...

AUDUSD is supported below $0.7350

Jul 20, 2015 04:21 am UTC| Technicals

Weak commodities weighing on AUD sentiment as terms of trade deteriorate. Pair has opened up further downside potential, now en-route to 0.73 levels, after absorption of bids through 0.7350, with both, broad-based USD...

FxWirePro: USD/JPY approaching resistance level at 124.16, buy deals are recommended above 123.80

Jul 17, 2015 12:14 pm UTC| Technicals

USD/JPY approaching resistance level at 124.16, currently the pair is trading at 124.03. The pair is set to advance further towards 124.40 and later 124.70 levels. Japanese Yen is weaker against US Dollar, Dollar is all...

FxWirePro: EUR/USD sell below 1.0900, bearish in the short term

Jul 17, 2015 12:12 pm UTC| Technicals

EUR /USD bulls failed to close above resistance level at 1.0915. The pair is all set to resume its bearish downward trend in the coming session. The pair is currently trading around 1.0880 levels. It is expected...

FxWirePro: EUR/JPY trades modestly flat at 135.01, awaits cues from US data releases

Jul 17, 2015 12:11 pm UTC| Technicals

EUR/JPY trades directionless awaiting fresh incentives from the upcoming US macro data releases The pair trades modestly flat at 135.01, oscillating in a 30 pips narrow range Daily price action continues to rage within...

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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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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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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

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

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

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

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

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

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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