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FxWirePro: USD/THB stabilizes below 33.00 mark, bias remains bearish

Nov 17, 2017 03:30 am UTC| Technicals

USD/THB is currently trading around 32.85 marks. It made intraday high at 32.91 and low at 32.82 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 33.03 mark. A daily...

FxWirePro: Singapore dollar strengthens on robust non-oil exports data

Nov 17, 2017 02:45 am UTC| Technicals

USD/SGD is currently trading around 1.3538 marks. It made intraday high at 1.3567 and low at 1.3533 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3602 mark. A daily close...

FxWirePro: EUR/KRW hits fresh weekly low at 1,287 mark, consistent close below requires for downside rally

Nov 17, 2017 02:06 am UTC| Technicals

EUR/KRW is currently trading around 1,289 mark. Pair made intraday high at 1,291 and low at 1,288 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,302 mark. A sustained...

FxWirePro: Kiwi trades marginally higher despite lower than expected PPI data

Nov 17, 2017 01:25 am UTC| Technicals

AUD/NZD is currently trading around 1.1054 marks. Pair made intraday high at 1.1081 and low at 1.1049 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.1075 mark. A...

FxWirePro: GBP/CAD gains upside traction above 38.2% after upbeat retail sales numbers – Bid longs via cash and one-touch calls

Nov 16, 2017 13:02 pm UTC| Technicals

GBPCAD has formed a temporary top around 1.71653 and shown a huge decline from that level. The pair dipped till 1.65894 and is currently trading around 1.6835. The near-term resistance is around 1.68520 (trend line...

FxWirePro: USD/JPY 2618 trade setup

Nov 16, 2017 12:50 pm UTC| Technicals

Major resistance 113.36 (61.8% retracement of 113.91 and 112.48). USD/JPY has retraced after hitting low of 112.48. The pair formed temporary top around 114.73 and is declining from that level. It is currently...

FxWirePro: Mounting hedging needs of South Korean exporters as USD/KRW on track of extending 1-year lows amid lingering hawks around BoK

Nov 16, 2017 12:20 pm UTC| Research & Analysis Central Banks Insights & Views Technicals

Will the Bank of Korea (BOK) initiate Asias rate hike cycle? The market thinks so. KRW strengthened by more than 1% against USD this week, with USDKRW touching its lowest level this year. The extraordinarily strong...

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Economy

Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises

Asian stocks traded cautiously on Friday as investors awaited crucial U.S. jobs data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, renewed Middle East tensions pushed oil...

Philippine GDP Growth Slows to 2.3% in Q2

The Philippine economy expanded at a slower-than-expected pace in the second quarter, adding to concerns over the countrys growth outlook as weaker government spending and external risks weigh on economic activity. Gross...

Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns

Gold prices were largely steady on Friday as investors balanced renewed tensions in the Strait of Hormuz with hopes for a diplomatic solution, while assessing how geopolitical risks and higher energy costs could influence...

Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears

Oil prices extended their rebound during Asian trading on Friday as renewed tensions surrounding the Strait of Hormuz weakened expectations for a full reopening of the crucial energy shipping route. Brent crude futures for...

US Stock Futures Rise as Markets Await July Payrolls Data

U.S. stock futures edged higher Thursday evening as investors reacted to upbeat corporate earnings and turned their attention to the July nonfarm payrolls report for fresh signals on Federal Reserve interest rate policy....

Politics

Trump Orders Probe Into Pentagon Munitions Stockpile Leaks After Iran Conflict

U.S. President Donald Trump has ordered new investigations into alleged leaks involving Pentagon munitions stockpiles after media reports raised concerns about depleted U.S. weapons inventories following the conflict with...

Russia Intensifies Drone and Bomb Attacks on Ukraine’s Zaporizhzhia, Deepening Civilian Fear

Russia has intensified its aerial assault on the southeastern Ukrainian city of Zaporizhzhia, leaving residents facing growing danger as drone and glide bomb attacks become more frequent. The escalating strikes have...

Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured

Russian attacks across several regions of Ukraine killed at least six people and injured dozens overnight, as rescue teams continued emergency operations on Thursday, according to Ukrainian authorities. In the eastern city...

Abdul El-Sayed Wins Michigan Democratic Senate Primary, Sets Up Key Midterm Showdown

Abdul El-Sayed secured the Democratic nomination for Michigans U.S. Senate race, positioning himself for a closely watched general election against Republican Mike Rogers in November. The victory marks a significant moment...

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...

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

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

Cloudflare shares surged in after-hours trading Thursday after the cloud connectivity and cybersecurity company delivered stronger-than-expected quarterly results, issued upbeat third-quarter guidance and raised its...

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

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...
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