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FxWirePro: EUR/USD hits 1-week high post FOMC meeting, good to buy on dips

Dec 14, 2017 06:42 am UTC| Technicals

Major resistance 1.1819 (233- H EMA). EURUSD recovered sharply and hits one week high post US FOMC meeting. The pair jumped till 1.18438 and declined slightly from that level. It is currently trading around...

FxWirePro: GBP/JPY shooting star plummets prices below 7DMA, consolidation phase in major trend seems exhausted at 38.2% Fibos on hanging man formation

Dec 14, 2017 06:38 am UTC| Technicals

GBPJPY shooting star and gravestone doji pattern candles have been popping up quite often at the peaks of rallies (at 151.214, 151.502 and 151.835 levels on daily plotting). The pair pops up hanging man at or near 38.2%...

FxWirePro: NZD/USD stalls 4-day rebound, slips below 0.70 handle, China data dump fails to impress Kiwi bulls

Dec 14, 2017 06:33 am UTC| Technicals

Chinese macro releases left the NZD bulls unimpressed, sentiment around the kiwi dented post NZ Treasurys half-year economic fiscal report. New Zealands coalition government revised down its economic and fiscal...

FxWirePro: Gold trade higher after Fed meeting, good to buy on dips

Dec 14, 2017 06:03 am UTC| Technicals

Gold recovered sharply almost $17 from the low of $1240 made yesterday after US Fed monetary policy. The US dollar index tumbled almost 70 pips from the yesterday high of 94.11. The yellow metal jumped till $1258.94. It is...

FxWirePro: EUR/AUD eyes 50-DMA at 1.5334, bias lower, stay short

Dec 14, 2017 05:53 am UTC| Technicals

EUR/AUD extends break below 20-DMA, continues bear run for 4th successive session. The pair has slipped below 23.6% Fib retracement of 1.4417 to 1.5771 rally at 1.5451. Technical indicators are biased lower,...

FxWirePro: NZD/JPY capped below 200-DMA at 79.28, further upside only on break above

Dec 14, 2017 05:18 am UTC| Technicals

NZD/JPY is consolidating break above 50-DMA in last weeks trade, bias higher. The pair has paused upside just shy of 200-DMA at 79.28 which is stiff resistance on the upside. The pair is likely to extend gains on...

FxWirePro: Thai baht rises sharply against U.S. dollar, hits strongest level since April, 2015

Dec 14, 2017 04:32 am UTC| Technicals

USD/THB is currently trading around 32.45 marks. It made intraday high at 32.56 and low at 32.44 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.62 mark. A daily close...

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Economy

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India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

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China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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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

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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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

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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....
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