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GBP/AUD trades near trend line support 2.1400, any break below targets 2.0870

Aug 31, 2015 06:41 am UTC| Technicals

GBP/AUD has retreated after making a high of 2.2370. Intraday trend is bearish as long as resistance 2.200 holds. Any break above 2.200 will extend gains till 2.2370/2.2740 in short term. The pairs minor support is...

FxWirePro: GBP/JPY bearish sentiments mounting – prefer BPS to arrest downswings

Aug 31, 2015 06:30 am UTC| Technicals

On monthly chart, the formation of hanging man pattern candle on peaks of uptrend at around 193.456 levels. This would reveal a medium term downtrend direction.Overall pattern on the pair fixes it bearish view for a...

FxWirePro: Disappointing economic data weighs on Kiwi, NZD/USD pressured lower

Aug 31, 2015 06:26 am UTC| Technicals

Antipodeans were dumped with the New Zealand dollar, the biggest loser, after the NZ treasury downgraded GDP forecasts in the June quarter on softening domestic demand. Chinas economic slowdown worries also...

BTC/USD faces trend line resistance around $250, break above targets $290

Aug 31, 2015 06:17 am UTC| Technicals

BTC/USD has recovered till $235 after making a low of $198 and is currently trading at $228. Short term trend is bullish as long as support $198 holds. The minor resistance is around $240 and break above will take...

FxWirePro: AUD/JPY faces strong resistance around 87.35, good to sell on rallies

Aug 31, 2015 05:57 am UTC| Technicals

AUD/JPY has made a low of 81.89 on Monday and recovered till 87.15. Overall trend is weak as long as resistance 87.35 holds. Any break above 87.35 will take the pair to next target at 88.14/88.59. On the downside...

FxWirePro: Yen firmer as as risk-off grips Asia, USD/JPY hovers around 121 handle

Aug 31, 2015 05:53 am UTC| Technicals

USD/JPY halted its recent upward rally and is hovering around 121 handle, slipping from 121.63 levels at days open Dollar weakness seen after risk-aversion resurfaced amid Chinese equities falling back in the...

FxWirePro: AUD/USD consolidating after gapdown open, strong resistance at 0.7200 levels

Aug 31, 2015 05:10 am UTC| Technicals

Antipodeans suffered, weighed down by a diverging interest rate outlook compared with the United States Also, Chinese equities halted their recovery path and swung back into losses re-fuelling concerns over Chinas...

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Economy

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Politics

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

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U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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