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Loonie struggles to close above 1.3300, targets 1.3150

Aug 25, 2015 07:24 am UTC| Technicals

USD/CAD is facing strong resistance around 1.32969 and struggling to close above that level. Any break above 1.3300 will take the pair to next target till 1.3370 (161.8% retracement of 1.3212 and 1.2950) On the...

FxWirePro: Yen on upper hand owing global macroeconomic factors - Hedge GBP/JPY with debit put spread

Aug 25, 2015 07:22 am UTC| Technicals

Among G7 currency pool, Yen received a shot in the arm various global as well as domestic economic factors such as preliminary GDP numbers, Yuans devaluation and Feds overweighed interest rate manipulations. Global...

BTC/USD breaks major support $200, decline till $165 is possible

Aug 25, 2015 06:48 am UTC| Technicals Digital Currency

BTC/USD has broken major support $211 and declined till $192 from that level. Short term trend is bearish as long as resistance $220 holds. The minor resistance is around $220 and break above will take the pair to...

FxWirePro:AUD/JPY retreats from higher levels, good to sell on rallies

Aug 25, 2015 06:38 am UTC| Technicals

AUD/JPY has made a low of 81.89 yesterday and recovered till 86.83 (Kijun-Sen) today morning and started to retreat from that level. It is currently trading at 85.57. Overall trend is still bearish as long as kijun-Sen...

FxWirePro: GBP/USD rangebound, awaits European equities open

Aug 25, 2015 06:31 am UTC| Technicals

Sterling was firmer on Monday against the dollar, rose 0.3 percent to peak at 1.5804 Cable slightly weaker on the day, currently trades rangebound with days high at 1.5776 and a low of 1.5744 In the absence of a major...

FxWirePro: NZD/USD retraces gains, dips below 0.65 handle

Aug 25, 2015 06:13 am UTC| Technicals

"Risk-on" seen in the FX market despite Shanghai opening more than 5% lower Antipodean currencies saw some pullback tracking a bounce in the commodity prices on Tuesday Kiwi bounced in early trade today, having plummeted...

FxWirePro: Sell GBP/JPY around 187.70-75 with SL around 188.25 for the TP of 186.60/186.25

Aug 25, 2015 05:58 am UTC| Technicals

GBP/JPY has made a high of 189.20 today morning and has started to retreat from that level. Overall trend is weak as long as 189.20 holds. On the downside minor support is around 187.60 and any break below will drag the...

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Economy

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Politics

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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

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

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Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

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Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

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SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...
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