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FxWirePro: USD/ZAR hovers around key resistance at 13.17 mark, sustained close above targets 13.32 mark

Mar 09, 2017 06:31 am UTC| Technicals

USD/ZAR is currently trading around 13.15 levels. It made intraday high at 13.17 and low at 13.09 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.17 marks. A daily...

FxWirePro:Gold upside capped by 55-day EMA , good to sell on rallies

Mar 09, 2017 06:09 am UTC| Technicals

Potential reversal Zone (PRZ) - $1198. The yellow metal hits one month low yesterday on account of better than expected ADP employment data. According to ADP and Moody analytics U.S economy has added 298K jobs in the...

FxWirePro: Kiwi bears relentless, NZD/USD breaks major support at 0.6930, stay short for 0.6810

Mar 09, 2017 05:59 am UTC| Technicals

NZD/USD has continued in the downtrend for 7th consecutive session, has hit fresh 2-month lows at 0.6892. The ADP report overnight is seen as a positive prelude to this Fridays all-important nonfarm payrolls...

FxWirePro: Silver hits fresh 2-month low at $17.15 mark, stay bearish

Mar 09, 2017 05:42 am UTC| Technicals

XAG/USD is currently trading around $17.17 marks. It made intraday high at $17.27 and low at $17.15 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.52 mark. A daily close...

FxWirePro: AUD/USD extends overnight slide on poor China CPI data, hits fresh 6-week lows at 0.7509, bias lower

Mar 09, 2017 05:07 am UTC| Technicals

Weaker-than-expected CPI data drags AUD/USD lower, pair hits fresh 6-week lows at 0.7509. China PPI or factory gate prices rose 7.8% y/y in February; its fastest rate since 2008, but Aussie unimpressed. ADP...

FxWirePro: Indian rupee trades marginally lower against U.S. dollar, faces strong resistance at 66.89

Mar 09, 2017 05:01 am UTC| Technicals

USD/INR is currently trading around 66.78 marks. It made intraday high at 66.80 and low at 66.74 marks. Intraday bias remains neutral till the time pair holds key resistance at 66.89 marks. Key resistances...

FxWirePro: USD/TWD hovers around 31.00 mark, upside limited

Mar 09, 2017 03:51 am UTC| Technicals

USD/TWD is currently trading around 31.01 marks. It made intraday high at 31.04 and low at 30.85 marks. Intraday bias remains slightly bullish till the time pair holds key support at 30.93 marks. A daily...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

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China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

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Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

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Science

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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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Technology

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

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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...

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

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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