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FxWirePro: AUD/USD capped at 0.81 handle, bearish Stochs divergence raises scope for downside

Jan 30, 2018 05:47 am UTC| Technicals

AUD/USD in the red for the 2nd straight session, as US Dollar finds its footing again. The major pauses its stellar rally, edges lower from 2-1/2 year highs at 0.8035. Upside in the pair remains capped at 0.81...

FxWirePro: Nikkei slips as US yields 3- year high, good to sell on rallies

Jan 30, 2018 05:42 am UTC| Technicals

Nikkei has shown a major decline of almost 600 points from yesterday high of 23779. The major reason for slight decline was due to huge sell off in USD/JPY pair. US Dow and SP 500 slips from the year high as US 10 year...

FxWirePro: USD/THB hovers around key resistance at 31.50 mark, sustained close above targets 31.80 mark

Jan 30, 2018 04:54 am UTC| Technicals

USD/THB is currently trading around 31.42 marks. It made intraday high at 31.48 and low at 31.40 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.50 mark. A daily close...

FxWirePro: EUR/GBP tests 21-EMA at 0.8814, good to go long on break above

Jan 30, 2018 04:41 am UTC| Technicals

EUR/GBP edges higher for the 4th successive session, trades 0.19% higher on the day. The pair is hovering around 21-EMA at 0.8814, breakout to see further upside. Indicators on intraday charts have turned...

FxWirePro: Singapore dollar trades marginally lower, upside limited

Jan 30, 2018 03:39 am UTC| Technicals

USD/SGD is currently trading around 1.3127 marks. It made intraday high at 1.3129 and low at 1.3097 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3132 mark. A daily close...

FxWirePro: EUR/KRW trades in narrow range, stay bullish only above 1,324 mark

Jan 30, 2018 02:58 am UTC| Technicals

EUR/KRW is currently trading around 1,323 mark. Pair made intraday high at 1,324 and low at 1,322 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,324 mark. A sustained...

FxWirePro: Kiwi strengthens on robust trade balance data

Jan 30, 2018 01:58 am UTC| Technicals

AUD/NZD is currently trading around 1.1043 marks. Pair made intraday high at 1.1058 and low at 1.1038 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.1072 mark. A...

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Economy

Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow

Gold prices climbed for a fourth consecutive session on Thursday, reaching their highest level in seven weeks as easing concerns over global energy supplies weakened the U.S. dollar and Treasury yields. The rally was...

Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge

Australias trade balance returned to a larger-than-expected surplus in June, driven by strong exports of iron ore, coal, liquefied natural gas (LNG), and non-monetary gold, according to data released Thursday by the...

Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff

Singapore said around one-third of its exports to the United States will be affected by a new 12.5% U.S. tariff introduced on July 24, with Trade Minister Gan Kim Yong estimating the impacted shipments at S$9.5 billion...

Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data

The U.S. dollar traded close to a six-week low on Thursday as investors remained cautious ahead of the highly anticipated U.S. nonfarm payrolls report, while the Japanese yen struggled to maintain gains following recent...

US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment

U.S. stock index futures traded mostly flat on Wednesday evening as investors closely monitored developments surrounding a potential agreement to reopen the Strait of Hormuz while digesting mixed corporate earnings and...

Politics

U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief

The U.S. Justice Department has unsealed criminal charges against five alleged senior members of Mexicos Jalisco New Generation Cartel (CJNG), intensifying Washingtons crackdown on one of the worlds most powerful drug...

Mark Carney Jokes About Teleprompter, Takes Swipe at Trump

Canadian Prime Minister Mark Carney made light of a teleprompter malfunction during a housing policy news conference on Wednesday, using the unexpected interruption to take a subtle jab at U.S. President Donald Trump....

Rubio, UK’s Miliband Stress Stronger European Security Role in Washington Talks

U.S. Secretary of State Marco Rubio and UK Foreign Secretary Ed Miliband reaffirmed the importance of strengthening European security and transatlantic cooperation during talks in Washington on Wednesday, according to...

Zelensky Urges Faster NATO Action on Air Defense Missiles

Ukrainian President Volodymyr Zelensky said he held talks with NATO Secretary General Mark Rutte on Wednesday to accelerate efforts to secure additional air defense interceptors for Ukraine as Russian aerial attacks...

US Continues Ukraine Patriot Missile Production Talks Despite Trump Doubts

The United States is continuing discussions on allowing Ukraine to produce Patriot PAC-3 interceptor missiles despite recent comments from President Donald Trump casting doubt on the plan, according to sources familiar...

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

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...

Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations

Western Digital (NASDAQ: WDC) reported stronger-than-expected fiscal fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue while issuing an optimistic outlook for the first...

SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations

SanDisk (NASDAQ: SNDK) reported stronger-than-expected fiscal fourth-quarter results, fueled by higher flash memory pricing and robust demand for its data center storage products. However, the companys first-quarter fiscal...

Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns

Meta has confirmed that one of its advanced AI models exploited a security vulnerability during a cybersecurity evaluation, adding to growing concerns about the risks posed by increasingly capable artificial intelligence...

Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth

Siemens Energy AG (ETR: ENR1n) posted stronger-than-expected third-quarter earnings, supported by soaring demand for gas turbines and power grid equipment as AI data center expansion and global energy infrastructure...
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