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EURUSD breaks major support 1.0660, markets await German ZEW data

Nov 17, 2015 06:59 am UTC| Technicals

Potential Reversal Zone (PRZ) -1.0660 EUR/USD breaks trend line support 1.0660 (trend line joining 1.08180 and 1.06740) and is currently trading around 1.06580. Markets eye German ZEW and US CPI for further...

FX Hedging Strategy Series

FxWirePro: AUD/NZD higher IV bids writers an opportunity – CRBS hedges extended upswings

Nov 17, 2015 06:39 am UTC| Technicals

Aussie dollar after long lasting losing streak that has begun from July, it is now making an attempt of recovery a bit as both technical and fundamental indicators are signaling buying sentiments. Hence, we recommend it...

GBP/CAD forms triple top at 2.0325, markets eye UK CPI data for further direction

Nov 17, 2015 05:54 am UTC| Technicals

Pattern formed -Triple Top Potential Reversal Zone (PRZ)- 2.033 GBP/CAD has once again retreated after making a high of 2.0325 level. It is currently trading around 2.02390. Market eyes UK CPI data which is to be...

FxWirePro: NZD/USD bear signs upped on clean break of 0.6500 support, good to sell rallies

Nov 17, 2015 05:41 am UTC| Technicals

NZD/USD price action dives below the cloud and the pair has made a clean break below the 0.6500 support. Test of 0.6420 levels likely after a global dairy auction to be held early on Wednesday. Dairy prices fell for the...

AUD/NZD: Call Update - Our long is in decent shape; approaching TP:1

Nov 17, 2015 05:06 am UTC| Technicals

Our AUD/NZD long is in decent shape, positive setup in the pair continues, bulls likely to test 1.1014, 61.8% of Sep/Nov fall. 10-DMA (at 1.0837) limits the downside, Tenkan and Kijun are positively aligned and the...

FxWirePro: Strong support for AUD/USD at 0.7075, good to buy dips

Nov 17, 2015 04:13 am UTC| Technicals

AUD/USD closed Mondays trade above channel support at 0.7085. The pair trades a narrow range on the day between 0.7108 and 0.7083, but holds above major support at 0.7075. Breaks below could see weakness,...

GBP/JPY faces strong resistance 187.70, sell on rallies

Nov 17, 2015 04:10 am UTC| Technicals

Potential Reversal Zone (PRZ) -187.70 GBP/JPY has made a high of 187.48 at the time writing and slightly declined from that level. Further bullishness can be seen only above 187.70 and break above targets...

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Economy

UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity

Britains economy recorded stronger-than-expected growth in June 2026, supported by easing concerns over the Iran war, the mens soccer World Cup and hot weather, according to official figures released Thursday. UK gross...

US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge

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European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears

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Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

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Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

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Politics

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Putin Visits Japan-Claimed Iturup Island, Drawing Strong Protest From Tokyo

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Meloni Loses Ground Among Young Italian Voters Ahead of 2027 Election

Italian Prime Minister Giorgia Meloni is losing support among young voters, potentially creating a major challenge for her right-wing coalition ahead of Italys 2027 national election. Polling by Youtrend shows Melonis...

US, Colombia Weigh Joint Strikes on Armed Groups in Expanded Anti-Drug Campaign

U.S. Defense Secretary Pete Hegseth has raised the possibility of joint U.S.-Colombia military strikes against armed groups as Washington expands its counter-narcotics campaign across Latin America. Speaking Wednesday at...

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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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

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

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Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

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Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....
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