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FxWirePro: USD/INR breaks key resistance at 64.22 mark, stay bullish

Sep 19, 2017 06:06 am UTC| Technicals

USD/INR is currently trading around 64.27 marks. It made intraday high at 64.27 and low at 64.18 marks. Intraday bias remains bullish till the time pair holds key support at 64.22 marks. Key resistances are...

FxWirePro: Gold trades well below 20- day MA, market eyes Fed monetary policy

Sep 19, 2017 05:46 am UTC| Technicals

Gold prices declined almost 1% yesterday due to Fed monetary policy meeting. The yellow metal declined almost $16 from the previous day close of $1320. It is currently trading around $1307.40. Fed is expected to keep...

FxWirePro: NZD/CAD holds major trendline support, breaks 20-DMA at 0.8921, bias higher

Sep 19, 2017 05:39 am UTC| Technicals

NZD/CAD has held major trendline support at 0.8740 in last weeks trade. The pair has edged higher to break 20-DMA resistance at 0.8922, bias higher. Technical indicators support upside in the pair. RSI and stochs...

FxWirePro: GBP/AUD consolidates cloud breakout, extends range trade after Carney's less hawkish comments

Sep 19, 2017 05:02 am UTC| Technicals

GBP/AUD trades in a narrow range, up 0.12% on the day, bias higher. The pair is extending consolidation after cloud breakout in the previous week. Less than hawkish comments by BoE Governor Mark Carney on Monday...

FxWirePro: USD/TWD remains well supported above 30.00 mark, faces immediate resistance at 30.18 mark

Sep 19, 2017 04:09 am UTC| Technicals

USD/TWD is currently trading around 30.10 marks. It made intraday high at 30.16 and low at 30.03 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.18 mark. A daily close...

FxWirePro: USD/JPY struggles at cloud top, break above eyes 200-DMA at 112.21

Sep 19, 2017 04:00 am UTC| Technicals

USD/JPY consolidates at fresh 2-month highs at 111.66 hit overnight, bias higher. Cloud offers stiff resistance at 111.60, break above needed for further upside. Bulls await US dataflow for fresh impetus -...

FxWirePro: Nikkei Daily Outlook

Sep 19, 2017 03:35 am UTC| Technicals

Nikkei hits 2-1/2 month high on strong yen and higher global equities. The pair has broken yesterday high of 20131 and jumped till 20197at the time of writing . The index has closed well above 20000 and it is trading...

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Economy

China Industrial Profits Slump Signals Need for More Economic Stimulus

Profits at Chinas industrial firms fell sharply in November, marking the fastest year-on-year decline in more than a year and underscoring the fragile state of the countrys economic recovery. According to data released by...

Japan to Audit Brazil’s Beef System, Paving Way for Market Access

Japan is set to conduct a comprehensive audit of Brazils beef sanitary system in March 2026, marking a significant step toward the possible opening of Japans lucrative beef market to Brazilian beef exports. The...

Wall Street Ends Post-Christmas Session Flat as Investors Eye Santa Claus Rally

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Argentina Congress Approves 2026 Budget Under Milei, Marking First Legislative Passage Since 2023

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U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

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Politics

FBI to Permanently Close Hoover Building, Relocate Headquarters to Reagan Building

FBI Director Kash Patel announced Friday that the agency will permanently shut down its historic headquarters, the J. Edgar Hoover Building in Washington, D.C., marking a major shift in the bureaus long-discussed...

Mark Carney Reaffirms Canada’s Support for Ukraine as Peace Talks With Russia Gain Momentum

Canadian Prime Minister Mark Carney held a phone call with Ukrainian President Volodymyr Zelenskyy on Friday to discuss the latest developments in ongoing peace negotiations between Ukraine and Russia, according to a...

Zelenskiy to Meet Trump in Florida as Ukraine-U.S. Peace Framework Nears Completion

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Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

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

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...
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