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EUR/USD: Chance for EUR to test 1.1625 – UOB Group

Sharp rally appears excessive, but there is a chance for Euro (EUR) to test 1.1625 against US Dollar (USD). In the longer run, for the time being, EUR is likely to trade in a range between 1.1435 and 1.1660, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. EUR is likely to trade in a range24-HOUR VIEW: “EUR surged to a high of 1.1597 last Friday. Although the sharp rally appears to be…

Finance news

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Sharon Stone Says Michael Douglas Argument Almost Cost Her ‘Basic Instinct’ Role

Starring in “Basic Instinct” changed Sharon Stone’s life. But she says her past with costar Michael Douglas almost derailed her chances of getting the role.The legend goes that everyone turned down the role of ice-pick-wielding seductress Catherine Tramell in 1992’s “Basic Instinct” except Stone. But despite being desperate to land…

Business

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Chinese AI models challenge US dominance as tech gap narrows

The U.S. is the global leader in artificial intelligence, but a new report shows China is rapidly expanding its development. “China is moving incredibly quickly and could absolutely catch up if the United States falls off its game,” said Gregory Allen, senior advisor with the Wadhwani AI center at the…

Markets

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Adtech Company OpenX Sues Google, Accusing It of Crippling Its Growth

Adtech company OpenX has accused Google of repeatedly kneecapping its growth through anticompetitive tactics in the digital advertising market — and now it wants payback.OpenX on Monday piggybacked on an antitrust lawsuit previously filed against Google by the US Department of Justice with a lawsuit of its own.The supply-side platform’s…

Investing

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