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FxWirePro: AUD/USD fails above 0.75 handle, hits session lows of 0.7470

Jul 22, 2016 02:36 am UTC| Technicals

AUD/USD extends weakness after facing rejection above the 0.75 handle. Selling pressure on the pair mounting on declining bond yields, is trading at session lows by 0.7470. Australian 3 year bond futures trades...

FxWirePro: Yen gains in early hours of Asia on the back of higher than expected flash manufacturing PMI data

Jul 22, 2016 02:17 am UTC| Technicals

USD/JPY is currently trading around 105.80 marks. It made intraday high at 106.25 and low at 105.56 levels. Intraday bias remains slightly bearish for the moment. A daily close above 106.12 will take the...

FxWirePro: South Korean won opens onshore trade at 1,137.5 per dollar, faces strong support at 1128

Jul 22, 2016 01:48 am UTC| Technicals

USD/KRW is currently trading around 1134 levels. It made intraday high at 1136 and low at 1133 levels. Intraday bias remains bearish till the time pair holds key resistance at 1142 mark. A sustained break...

FxWirePro: AUD/NZD remains well supported above 1.07 mark, upside limited

Jul 22, 2016 01:12 am UTC| Technicals

AUD/NZD is trading around 1.0718 marks. Pair made intraday high at 1.0727 and low at 1.0691 marks. Intraday bias remains neutral for the moment. On the top side, a sustained close above 1.0754 will drag the...

FxWirePro: EUR/USD dips below lower range, bearish bias increases

Jul 21, 2016 19:14 pm UTC| Technicals

The EUR/USD pair declined on Thursday as the pair attracted sellers after the European Central Bank left key interest rates unchanged. The ECB held rates at record lows as it seeks to revive growth and inflation with...

FxWirePro: GBP/USD neutral near-term, scope for downward resumption

Jul 21, 2016 17:39 pm UTC| Technicals

GBP/USD inched slightly higher on Thursday after US Philadelphia Fed Manufacturing Index printed negative figures. However, the pair turned back after failing to break resistance level 1.3240, as the pound ran out of...

GBP/USD Trade idea

Jul 21, 2016 12:28 pm UTC| Technicals

Major support 1.3218 (trend line joining 1.30785 and 1.31447) Major resistance -1.3275 (Jul 20th high) The pair breaks major support at 1.3218 and declined till 1.31566 at the time of writing. It is currently...

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Economy

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

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Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

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Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

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FCC Steps Up China Tech Crackdown as Beijing Pushes Back

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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

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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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

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SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

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Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...
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