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FxWirePro: USD/ZAR hits fresh 1-week high at 14.09 mark, stay bullish

Mar 01, 2019 06:55 am UTC| Technicals

USD/ZAR is currently trading around 14.08 levels. It made intraday high at 14.09 and low at 14.06 levels. Intraday bias remains bullish till the time pair holds key support at 13.97 mark. A daily close...

FxWirePro: USD/INR slips below 71.00 mark, faces key support at 70.49 mark

Mar 01, 2019 06:25 am UTC| Technicals

USD/INR is currently trading around 70.89 marks. It made intraday high at 70.89 and low at 70.63 marks. Intraday bias remains slightly bullish for the moment. Key resistances are seen at 71.02, 71.18, 71.50,...

FxWirePro: AUD/USD short setup as bears extend head and shoulder in minor trend, double top pattern in major trend

Mar 01, 2019 06:23 am UTC| Technicals

Technical chart and candlestick patterns:AUDUSDs recent downswings have formed head and shoulder pattern in the minor trend, with the head at 0.7295, shoulder 1 at 0.7235 and shoulder 2 at 0.7206 levels (refer daily...

FxWirePro: USD/JPY breaks above 200-DMA, USD strengthens across the board following Powell's upbeat comments

Mar 01, 2019 05:32 am UTC| Technicals

USD/JPY chart on Trading View used for analysis USD/JPY spikes past 200-DMA as the major extends previous sessions gains. US dollar buoyed across the board after upbeat GDP data and Fed Chair Powells...

FxWirePro: Gold trades lower as dollar recovers on upbeat US GDP data, good to sell on rallies

Mar 01, 2019 05:10 am UTC| Technicals

Gold is trading lower for 7thconsecutive day and declined more than $30 from high of $1346.76..Gold was one the best performer in Jan and has jumped more than $50 on account of dovish Fed and global uncertainty. The...

FxWirePro:Nikkei recovers sharply on weak yen, good to buy on dips

Mar 01, 2019 04:50 am UTC| Technicals

Asian marketsare trading higher especially Chinas CSI300 jumped more than 1% after MSCI announced to quadruple weighting of China mainland shares.Nikkei has recovered more than 350 points from low of 21288 .US GDP data...

FxWirePro: USD/SGD stabilizes above 1.35 mark, Singapore’s manufacturing PMI data in focus

Mar 01, 2019 04:45 am UTC| Technicals

USD/SGD is currently trading around 1.3517 marks. It made intraday high at 1.3526 and low at 1.3507 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3538 mark. A daily close...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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....