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FxWirePro: EUR/JPY on track to test 50-DMA at 129.57, stay short

Sep 04, 2017 04:51 am UTC| Technicals

EUR/JPY extends downside after bearish gap down open. Intraday bias bearish. The pair is down for 4th successive session continues downside after Bearish Shark pattern formed on 4-hourly charts. Technical studies...

FxWirePro: USD/THB trades in stiff directions, bias remains neutral

Sep 04, 2017 04:27 am UTC| Technicals

USD/THB is currently trading around 33.17 marks. It made intraday high at 33.20 and low at 33.15 marks. Intraday bias remains neutral for the moment. A daily close below 33.15 will drag the parity down...

FxWirePro: AUD/USD closes bearish gap, takes 5-DMA support at 0.7943

Sep 04, 2017 04:16 am UTC| Technicals

Rising tensions in the Korean Peninsula after N.Korea successfully tested its sixth nuclear bomb keeps demand subdued for high-yielding assets. Disappointing US labour market report (Fri) dents Dec Fed rate hike...

FxWirePro: USD/SGD remains well supported below 1.36 mark, good to sell on rallies

Sep 04, 2017 03:53 am UTC| Technicals

USD/SGD is currently trading around 1.3572 marks. It made intraday high at 1.3585 and low at 1.3567 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3586 mark. A daily close...

FxWirePro: USD/JPY slips below 20-DMA after bearish gap open, Yen bid amid widespread risk-aversion

Sep 04, 2017 03:35 am UTC| Technicals

Yen remains bid as risk-off persists triggered by the weekends hydrogen bomb test conducted by North Korea. USD/JPY has opened with a bearish gap and is extending downside to slip below 20-DMA support at...

FxWirePro: USD/TWD exhibits range bound movement, faces strong support at 30.01 mark

Sep 04, 2017 02:40 am UTC| Technicals

USD/TWD is currently trading around 30.07 marks. It made intraday high at 30.19 and low at 30.04 marks. Intraday bias remains neutral till the time pair holds key support 30.01 mark. A daily close above...

FxWirePro: Silver hits fresh 5-month high in early Asia, stay bullish

Sep 04, 2017 02:16 am UTC| Technicals

XAG/USD is currently trading around $17.83 marks. It made intraday high at $17.88 and low at $17.69 levels. Intraday bias remains bullish till the time pair holds key support at $17.42 mark. A daily close...

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Economy

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

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

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Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

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Politics

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

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Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

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White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

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Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

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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

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

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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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