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FxWirePro: USD/SGD exhibits range bound movement, bias remains neutral

Apr 20, 2017 02:58 am UTC| Technicals

USD/SGD is currently trading around 1.3980 marks. It made intraday high at 1.3988 and low at 1.3975 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3992 marks. A daily...

FxWirePro: EUR/KRW remains well supported above 1,220 mark, sustained close above 1,224 requires for the upside rally

Apr 20, 2017 02:03 am UTC| Technicals

EUR/KRW is currently trading around 1,222 mark. Pair made intraday high at 1,224 and low at 1,221 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,224 mark. A daily close...

FxWirePro: Japanese yen falls on the back of lower than expected trade balance data

Apr 20, 2017 01:35 am UTC| Technicals

USD/JPY is currently trading around 108.90 marks. It made intraday high at 109.02 and low at 108.79 levels. Intraday bias remains neutral till the time pair holds key support at 108.42 marks. A daily close...

FxWirePro: Kiwi gains in early Asia on robust CPI data

Apr 20, 2017 01:05 am UTC| Technicals

AUD/NZD is currently trading around 1.0657 marks. Pair made intraday high at 1.0706 and low at 1.0642 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 1.0739 marks. A...

FxWirePro: EUR/USD runs out of steam as bullish signals weaken

Apr 19, 2017 14:59 pm UTC| Technicals

The EUR /USD pair dipped slightly on Wednesday as the dollar regained some ground, but tensions over North Korea and upcoming French and UK elections limited investor demand for the greenback. Investors remained...

FxWirePro: USD/CHF takes support near 200 –day MA, good to buy on dips

Apr 19, 2017 13:11 pm UTC| Technicals

The pair has broken major support of 1.000 and declined till 0.99533 at the time of writing. It is currently trading around 0.99728. Short term trend is still weak as long as resistance 1.0170 holds. Minor bullishness...

FxWirePro: CHF/JPY trades above 10- day MA, jump till 110 likely

Apr 19, 2017 13:00 pm UTC| Technicals

CHFJPY formed a bottom at 107.84 and jumped from that level. The pair has broken major resistance 10 day MA at 109.15 and jumped till 109.42 at the time of writing. It is currently trading around 109.19. The pair is...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

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BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

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Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

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Politics

Anutin Charnvirakul Named Bhumjaithai PM Candidate Ahead of Thailand’s February Election

Thailands caretaker prime minister Anutin Charnvirakul has been officially selected by the Bhumjaithai Party as its candidate for prime minister in the upcoming general election scheduled for February 8. The decision comes...

EU Condemns U.S. Visa Ban on European Figures, Warns of Firm Response

The European Commission has strongly criticized the United States over its decision to impose a visa ban on five European individuals, including former EU Commissioner Thierry Breton, calling the move unjustified and...

Zelenskiy Urges High-Level Talks With Trump as Ukraine, U.S. Near 20-Point Peace Framework

Ukrainian President Volodymyr Zelenskiy has called for a direct meeting with U.S. President Donald Trump to resolve the most sensitive elements of a potential peace agreement with Russia, particularly issues related to...

U.S. Signs $2.3 Billion Global Health MOUs With Four African Nations

The United States has signed four new global health memorandums of understanding (MOUs) with Madagascar, Sierra Leone, Botswana, and Ethiopia, reinforcing its long-term commitment to strengthening global health security...

U.S. Discusses Migrant Transfer Plan With Palau Despite Lawmaker Opposition

The United States has renewed discussions with Palau over a controversial proposal to transfer third-country nationals to the Pacific Island nation, despite clear resistance from Palaus lawmakers earlier this year....

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

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...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...
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