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FxWirePro: EUR/GBP trades in narrow range, focus on UK CPI data

Feb 14, 2017 07:34 am UTC| Technicals

EUR/GBP rangebound in the European session as markets await crucial inflation data due ahead. The pair is hovering around key support by 200-DMA at 0.8444. Violation there could see test of 0.83 (Dec 5...

FxWirePro: USD/ZAR hovers around key support at 13.20 mark, consistent close below targets 13.00

Feb 14, 2017 07:14 am UTC| Technicals

USD/ZAR is currently trading around 13.25 levels. It made intraday high at 13.32 and low at 13.24 levels. Intraday bias remains bearish for the moment. A daily close above 13.32 will take the parity...

FxWirePro: NZD/USD hovers around 38.2% Fib, on track to test 200-DMA at 0.7121

Feb 14, 2017 06:53 am UTC| Technicals

NZD/USD is extending consolidation phase after break below 20-DMA at 0.7237 on Feb 9th. The pair is extending downside in continuation of the Bearish Cypher Pattern. Technical indicators are biased lower, bearish...

FxWirePro: GBP/AUD bears keep check on EMAs in sloping channel, leverage shorts via one touch binaries as shooting star pops up at stiff resistance

Feb 14, 2017 06:52 am UTC| Technicals

GBPAUD rallies have consistently been restrained below EMAs on weekly plotting, dipping constantly through sloping channel, please observe every upswing is restrained below 21 7EMA. On 2H charts, shooting star appears...

FxWirePro: Chinese yuan appreciates on robust CPI data

Feb 14, 2017 06:26 am UTC| Technicals

USD/CNY is currently trading around 6.8730 marks. It made intraday high at 6.8867 and low at 6.8727 levels. Intraday bias remains bearish for the moment. A sustained close above 6.8775 marks will test key...

FxWirePro: EUR/AUD hits fresh 10-month lows at 1.3811, bias lower, good to short rallies

Feb 14, 2017 06:10 am UTC| Technicals

EUR/AUD extends slide to hit fresh 10-month lows at 1.3811. Heightened political uncertainty in the euro area and resurgence in Greece crisis keeps EUR subdued. AUD supported after RBA held rates and talked up...

FxWirePro: Gold faces strong support at 100- day EMA, good to sell on rallies

Feb 14, 2017 05:56 am UTC| Technicals

Major support - $1216-$1218 (21- W EMA 100- day EMA) Major resistance - $1245 (200- W MA)| The yellow metal has once again taken support near 100 day EMA and jumped slightly from that level. Gold has fallen till...

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Economy

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

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Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns

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Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility

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Politics

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

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TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

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Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies

A federal judge in Missouri on Thursday dismissed a lawsuit filed by the Republican-led state that accused Starbucks of using its diversity, equity, and inclusion (DEI) commitments as a pretext for unlawful discrimination...

Science

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...

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...

Technology

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....

Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports

The U.S. government is prepared to allow Chinas ByteDance to purchase Nvidias advanced H200 AI chips, but negotiations remain stalled as Nvidia has not agreed to the proposed conditions governing their use. According to...

Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised

Sony Corp (TYO:6758) reported stronger-than-expected third-quarter earnings, driven by solid performance in its gaming, music, and image sensor businesses. The Japanese conglomerate also raised its full-year forecast,...
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