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FxWirePro: EUR/USD back in range as bears resume their business, use rallies for fresh shorts, no room for long term bulls

Jun 27, 2016 08:02 am UTC| Technicals

On a broader perspective, long term trend is back in range of 1.09 to 1.16 levelthat has been persisting since February 2015 (see monthly charts). Theeuro has begun the week with trading some gains but it is not...

FxWirePro: Russian rouble rejects 67.00 mark, good to sell on rallies

Jun 27, 2016 07:44 am UTC| Technicals

USD/RUB is currently trading around 64.98 levels. It made intraday high at 66.76 and low at 63.96 levels. Intraday bias remains bearish till the time pair holds key resistance at 67.3234...

FX Hedging Strategy Series

FxWirePro: Bid EUR/JPY risk reversals but don’t disregard shrinking IVs while options trading, put writers on competitive edge

Jun 27, 2016 06:36 am UTC| Research & Analysis Technicals

Over the weekend, it has become clear that the UK has been thrown into political chaos due to the relatively close 52-48% referendum outcome. Given concerns on limits of the policy arsenal at the BoJ and rising...

FxWirePro: South African rand erases previous loss against US dollar, good to sell on rallies

Jun 27, 2016 06:35 am UTC| Technicals

USD/ZAR is currently trading around 15.15 levels. It made intraday high at 15.29 and low at 15.13 levels. Intraday bias remains bearish till the time pair holds key resistance at 15.28 marks. A daily close...

EUR/USD faces minor resistance at 1.1050, break above targets 1.1100/1.1180

Jun 27, 2016 06:17 am UTC| Technicals

Major support 1.0900 (161.8% retracement of 1.14155 and 1.0971). Major resistance 1.1102 (200 day MA) The pair has broken minor resistance 1.1000 after making a low of 1.09841 at the time of writing. It is...

FxWirePro: PBoC sets Yuan midpoint at lowest level against dollar since December 2010

Jun 27, 2016 05:59 am UTC| Technicals

USD/CNY is currently trading around 6.6383 marks. It made intraday high at 6.6419 and low at 6.6110 levels. Intraday bias remains bullish till the time pair holds key support at 6.6042 levels. On the top...

FxWirePro: AUD/CAD finds stiff resistance by 100-DMA at 0.97, upside only on break above

Jun 27, 2016 05:59 am UTC| Technicals

AUD/CAD is extending downside from 2-month highs of 0.9745 hit on Friday. On the day, the pair was rejected at highs by 0.9699 and is currently trading around 0.9670 levels. The pair finds stiff resistance by...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

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

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Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

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Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

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Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

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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

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

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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

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Technology

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

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

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

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

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...
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