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FxWirePro: USD/ZAR touches 14.85 mark in early hours of Asia, upside limited

Jul 06, 2016 04:33 am UTC| Technicals

USD/ZAR is currently trading around 14.82 levels. It made intraday high at 14.85 and low at 14.72 levels. Intraday bias remains bullish till the time pair holds key support at 14.75 marks. A daily close...

FxWirePro: USD/JPY recovers from lows of 100.58, BOJ verbal intervention likely halts downside

Jul 06, 2016 04:17 am UTC| Technicals

Risk-off reinforced by renewed concerns over Brexit after effects boosted safe-haven flows for the Japanese yen. USD/JPY slipped below the 101 handle to hit lows of 100.58, before paring some losses to currently trade...

FxWirePro: AUD/NZD back around 1.0450 mark, bias highly neutral

Jul 06, 2016 02:54 am UTC| Technicals

AUD/NZD is trading around 1.0455 marks. Pair made intraday high at 1.0475 and low at 1.0423 marks. Intraday bias remains neutral till the time pair holds key support at 1.0450 marks. On the top side, a...

FxWirePro: AUD/USD breaks major support at 0.7450, stay short

Jul 06, 2016 02:51 am UTC| Technicals

Brexit fallout continues to worsen, flight to safety is helping currencies like Yen and weakening high yielding and commodity currencies. Downward pressure on the Aussie evident, AUD/USD slips below the 0.75 handle to...

FxWirePro:USD/CHF faces strong resistance at 0.9840, buy on dips

Jul 06, 2016 02:25 am UTC| Technicals

Major resistance -0.9760 (200 4H MA) USD/CHF has recovered from the low of 0.9685 made on yesterday. It is currently trading at 0.97795. Short term decline from 0.9960 till 0.9512 will come to end if the pair closes...

FxWirePro: NZD/USD slips below 0.71 handle, good to sell rallies

Jul 06, 2016 02:14 am UTC| Technicals

Kiwi extends weakness on a broad based US dollar strength and decline in the GDT price index. NZD/USD prints new 1-week lows of 0.7089, slipping from highs of 0.7240 hit on Monday. Data released early today...

ASX200 brealyks major support at 5200, decline till 5140/5100 likely

Jul 06, 2016 02:05 am UTC| Technicals

Major Intraday resistance - 5210 (200 H MA) The index breaks major support 5200 and declined till 5163 at the time of writing. It is currently trading around 5162. Overall trend is weak as long as the resistance...

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Economy

Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance

Russian stocks closed mixed after Saturdays trading session on the Moscow Exchange, with the benchmark MOEX Russia Index finishing unchanged at 0.00%. Despite the flat headline performance, individual stocks showed varied...

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Politics

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Russian Drone Attack Hits Turkish Cargo Ship Carrying Sunflower Oil to Egypt, Ukraine Says

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U.S. Soldiers Killed in ISIS Attack in Palmyra, Syria During Counterterrorism Mission

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International Outcry Grows Over Re-Arrest of Nobel Laureate Narges Mohammadi in Iran

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Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

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Technology

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

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Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

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Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

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Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

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Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...
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