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FxWirePro: USD/SGD hovers around immediate resistance at 1.3690 mark, consistent close above requires for upside rally

Oct 01, 2018 02:21 am UTC| Technicals

USD/SGD is currently trading around 1.3678 marks. It made intraday high at 1.3684 and low at 1.3666 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3690 marks. A daily...

FxWirePro: South Korean won trades almost flat against euro despite robust manufacturing PMI data

Oct 01, 2018 01:51 am UTC| Technicals

EUR/KRW is currently trading around 1,286 mark. Pair made intraday high at 1,288 and low at 1,285 levels. Intraday bias remains neutral till the time pair holds key support at 1,285 mark. A sustained close...

FxWirePro: Japanese yen depreciates against U.S. dollar after mixed economic data, hits lowest level since November 2017

Oct 01, 2018 01:26 am UTC| Technicals

USD/JPY is currently trading around 113.87 marks. It made intraday high at 113.92 and low at 113.69 levels. Intraday bias remains bullish till the time pair holds key support at 113.32 mark. A daily close...

FxWirePro :Sell CHF/JPY on rallies

Sep 28, 2018 12:55 pm UTC| Technicals

As per our analysis CHFJPY has shown a heavy sell-off of more than 100 pips and hits low of 115.90 level. The pair has lost more than 150 pips this week on broad based Swiss franc selling. It is currently trading around...

FxWirePro :EUR/USD trades lower on Italy budget deficit and widening German-Italy 10- year spread, good to sell on rallies

Sep 28, 2018 11:48 am UTC| Technicals

EURUSD is trading weak for second consecutive day . The pair lost more than 180 pips in past two trading session. The main reason was due to slightly hawkish rate hike by Fed.The pair decline was further supported by...

FxWirePro: XAU/USD (Gold) bears likely to hit multi-month lows on double top formation, capitalize on mild upswings to short

Sep 28, 2018 10:57 am UTC| Technicals

Despite an eventful summer and an almost 6% slide in gold price over the past three months, gold vols under-delivered across strikes and tenors. Technically, on intraday plotting Gold (XAUUSDprice) formed dragonfly doji...

FxWirePro: US Dollar index recovers more than 80 pips yesterday and trades well above 100- day MA, jump till 95.75 likely

Sep 28, 2018 07:26 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken - Sen - 94.41 Kijun- Sen - 94.77 As per our analysis US dollar index recovered drastically almost more than 80 pips from the low of 94.21 made yesterday. US fed...

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Economy

Australia Job Ads Rise in July, Signaling Strong Labor Market Despite High Interest Rates

Australian job advertisements rebounded in July, highlighting the resilience of the countrys labor market even as higher interest rates continue to weigh on economic activity. The latest private-sector data suggests...

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

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Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

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Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

The U.S. Justice Department has rescinded an order establishing the controversial Anti-Weaponization Fund just days before the Senate Judiciary Committee is set to consider Todd Blanches nomination for attorney general, a...

Former House Appropriations Chair Kay Granger Dies at 83

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Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum

Chinese artificial intelligence startup Vast is reportedly exploring a potential initial public offering (IPO) in Hong Kong, signaling growing investor interest in Chinas fast-expanding AI sector. According to a Bloomberg...

Telegram Restored on Apple App Store After Temporary Removal

Telegram has confirmed that its messaging app is once again available on Apples App Store after users briefly encountered an unexpected outage that removed the app listing. The company announced on Monday that the issue...

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...
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