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FxWirePro: EUR/JPY attempts tepid bounce towards 112 handle, weakness below 111.70

Jul 07, 2016 04:06 am UTC| Technicals

EUR/JPY downside stalled ahead of the mid-point of 111 handle, the pair is attempting to retake the 112 handle. Upside, for now, seems to be capped by 20-SMA on 2 hourly charts, break above could see upside upto...

FxWirePro: USD/SGD fails to sustain above key resistance at 1.3538 mark, good to sell on rallies

Jul 07, 2016 02:57 am UTC| Technicals

USD/SGD is currently trading around 1.3504 marks. It made intraday high at 1.3515 and low at 1.3482 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3570 levels. A daily...

FxWirePro: ASX200 faces strong support at 200 day MA, good to sell on rallies

Jul 07, 2016 02:25 am UTC| Technicals

Major Intraday resistance - 5276 (200 4H MA) The index has taken support near 200 day MA and recovered sharply from that level.It is currently trading around 5222. Overall trend is weak as long as the resistance...

FxWirePro: Aussie falls against major peers after S&P revises Australia’s sovereign credit outlook

Jul 07, 2016 02:22 am UTC| Technicals

AUD/NZD is trading around 1.0504 marks. Pair made intraday high at 1.0549 and low at 1.0487 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0547 marks. On the top side, a...

FxWirePro: Nikkei faces strong resistance at 15500, good to sell on rallies

Jul 07, 2016 02:02 am UTC| Technicals

Major support -14770 (Feb 2nd 2016) Major Intraday resistance- 15500 (200 H EMA) ​ Nikkei225 recovers sharply till 15408 at the time of writing after making a low of 15101.It is currently trading around...

FxWirePro: AUD/USD sees a knee-jerk slump after S&P cuts Australia's sovereign credit outlook to negative

Jul 07, 2016 01:54 am UTC| Technicals

SP lowers Australias sovereign credit outlook down to negative from stable. AUD/USD slumps around 60 pips from 0.7529 levels to 0.7466. The pair has recovered from lows to currently retake the 0.75...

FxWirePro: South Korean won opens onshore trade at 1,158.5 per dollar, intraday bias remains bearish

Jul 07, 2016 01:52 am UTC| Technicals

USD/KRW is currently trading around 1157 levels. It made intraday high at 1160 and low at 1155 levels. Intraday bias remains bearish till the time pair holds key resistance at 1167 mark. A sustained break...

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Economy

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Oil prices climbed on Tuesday as stalled U.S.-Iran peace negotiations and uncertainty over reopening the Strait of Hormuz renewed concerns about global energy supplies. Asian stock markets, meanwhile, traded cautiously as...

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Politics

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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

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Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

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

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

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

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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...
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