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FxWirePro: Kiwi under pressure on poor Chinese data and major Yuan devaluation, good to sell NZD/USD rallies

Jun 27, 2016 03:56 am UTC| Technicals

NZD/USD under pressure in the Asian session so far, unable to sustain the post-Brexit recovery above 0.71 handle. Poor Chinese data and a major Yuan devaluation weigh on the Kiwi, while oil benchmarks trading...

FxWirePro: AUD/NZD remains well supported below 1.05 mark, bias remains neutral

Jun 27, 2016 03:54 am UTC| Technicals

AUD/NZD is trading around 1.0487 marks. Pair made intraday high at 1.0504 and low at 1.0455 marks. Intraday bias remains neutral till the time pair holds initial support at 1.0470 marks. On the top side, a...

FxWirePro: ASX200 faces strong support at 5070, good to sell on rallies

Jun 27, 2016 03:04 am UTC| Technicals

Major support - 5064 (50% retracement of 4699 and 5431) Major resistance - 5138 (200 day MA) The index has taken support near 5073 and slightly recovered from that level. It is currently trading around...

FxWirePro: Nikkei225 faces strong support at 14770, good to sell on rallies

Jun 27, 2016 02:38 am UTC| Technicals

Major support 14770 (Feb 2nd 2016) Major resistance- 15500 (200 W MA) Nikkei225 has slightly recovered after making a low of 14825. It is currently trading around 15153. The Nikkei225 index is expected to...

FxWirePro: USD/KRW hits fresh monthly high at 1188 mark, intraday bias remains bullish

Jun 27, 2016 02:34 am UTC| Technicals

USD/KRW is currently trading around 1186 levels. It made intraday high at 1188 and low at 1175 levels. Intraday bias remains bullish till the time pair holds key support at 1182 mark. A sustained close below...

FxWirePro: USD/SGD hovers around 1.36 mark, faces key resistance at 1.3627

Jun 27, 2016 02:06 am UTC| Technicals

USD/SGD is currently trading around 1.3604 marks. It made intraday high at 1.3627 and low at 1.3494 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3627 levels. A daily...

FxWirePro: USD/JPY stabilises above 102.00 mark, bias remains bullish above 101.48

Jun 27, 2016 01:16 am UTC| Technicals

USD/JPY is currently trading around 102.34 marks. It made intraday high at 102.47 and low at 101.50 levels. Intraday bias remains bullish till the time pair holds key support at 101.48 marks. A sustained...

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Economy

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

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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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Belarus Pledges to Halt Smuggling Balloons Into Lithuania

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Science

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...

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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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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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

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

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

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...

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

Atlassian Corps popular work management software Trello experienced a service disruption on Friday, leaving a number of users unable to access the platform. The outage was flagged by internet monitoring service...

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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