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GBP/USD sees thin support below 1.4800

Mar 27, 2015 06:56 am UTC| Technicals

GBP/USD posted 1.4830 lows today Short trades seen active, aims the 57 month low at 1.4635 from Mar 18 Day slow stochs rolled over, although from neutral levels, bearish bias seen Thin support seen below 1.4807 lows...

EUR/USD remains bearish outside day

Mar 27, 2015 06:40 am UTC| Technicals

Unable to sustain above 1.1000, outlook remains bearish outside day on the candles 21 DMA provided support, inching closer to be under pressure today at 1.0850 Scope for a move further down to 1.0700, offer adjusted at...

USD/INR seen in 62.60-80 range so far

Mar 27, 2015 06:20 am UTC| Technicals

USD/INR dropped post lower than expected open Stop sales triggered by exporters, pair fell to 62.60 low last INR sentiment boosted by bounce in stocks after sell-off yesterday Pair last at 62.58-61, traded 62.60-80...

USD/JPY likely to continue choppy trade

Mar 27, 2015 06:15 am UTC| Technicals

Nikkei closes down 185.49 points, at 19,285.63, -0.95% on day. USD/JPY plunged from 119.57 to 118.33 in London. Jumped later to 119.43 in NY as US yields bounced back on US data, Fed talk. USD/JPY to continue choppy...

USD/IDR targets support at 13030

Mar 27, 2015 06:06 am UTC| Technicals

Pair moves lower after hitting 13080 high Profit taking seen into weekend, limited sideways dealings elsewhere Pair supported by local demand, hawkish Fed at 13030 levels Pair may strengthen ahead of fresh data next...

GBP/USD is struggling to break psychological resistance 1.5000,decline till 1.4630 is expected

Mar 27, 2015 04:44 am UTC| Technicals

RES 4: 1.5165 RES 3: 1.5050 RES 2: 1.4981 (61.8% retracement of 1.5163 and 1.46872) RES 1: 1.4880 (200 day Hourly EMA) PRICE: 1.48542 @ 4:42GMT SUP 1: 1.4850 (200 day HMA) SUP 2: 1.4800 SUP 3:1.4747 (19th...

AUD/USD short positioning unwinds

Mar 27, 2015 04:32 am UTC| Technicals

Only excitement was a quick 0.4% fall in line with a 4% fall in iron ore futures Choppy week but met by fresh selling interests Market still hasnt completely come to terms with Fed removal of fwd...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

Russian stocks finished the latest trading session on a mixed note, with the MOEX Russia Index closing flat as gains in select blue-chip shares were offset by losses in others. At the close of trading in Moscow, the...

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

Japanese voters headed to the polls on Sunday in a rare winter election that could deliver Prime Minister Sanae Takaichi a commanding mandate, even as record snowfall threatened to suppress turnout in parts of the country....

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....