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Fri, Apr 19, 2024 06:21 AM All times are UTC

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FxWirePro- Silver Daily Outlook

Apr 09, 2024 10:30 am UTC| Technicals

Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $27.18 Kijun-Sen- $26.58 Silver hit a multi-year high due to economic optimism. It hit a high of $28.16 at the time of writing and is currently...

FxWirePro: GBP/AUD key support held early, but negative factors build

Apr 08, 2024 23:51 pm UTC| Technicals

GBP/AUD eased on Monday as Australian dollar gained traction against pound as antipodean currency was supported by higher iron ore prices . Iron ore futures surged to near two-week highs on Monday, fueled by optimism...

FxWirePro:EUR/NZD neutral in the near-term, scope for downward resumption

Apr 08, 2024 23:40 pm UTC| Technicals

EUR/NZD little changed on Monday as investors were caution ahead of this weeks RBNZ policy decision . Interest rate decision by the Reserve Bank of New Zealand (RBNZ), which will be announced on Wednesday. ...

FxWirePro: GBP/NZD momentum negative despite pause in losses

Apr 08, 2024 20:29 pm UTC| Technicals

GBP/NZD dipped on Monday but losses were limited as focus shifted to RBNZ policy decision. Its widely expected that the Reserve Bank of New Zealand (RBNZ) will maintain the current interest rate at 5.5%, given that...

FxWirePro: EUR /AUD downside pressure builds, key support level in focus

Apr 08, 2024 17:29 pm UTC| Technicals

EUR /AUD slipped lower on Monday as Australian dollar supported by higher iron ore prices. Iron ore futures surged on Monday, reaching their peak in nearly a fortnight, driven by optimism surrounding potential...

FxWirePro- Ethereum Daily Outlook

Apr 08, 2024 12:16 pm UTC| Technicals Digital Currency

ETHUSD hits a one-month high on upbeat market sentiment. It hit a high of $3638 at the time of writing and is currently trading around $3641. Ethereum whales bought 10322 ETH within 14 hours, according to on-chain...

FxWirePro- BTCUSD Daily Outlook

Apr 08, 2024 12:01 pm UTC| Technicals Digital Currency

BTCUSD holds above $72000 ahead of the halving event this month.It hit a high of $72606and is currently trading around $72374. According to coin glass data, over $55.72 million liquidated in short positions in the...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

Technology

Meta AI to Supercharge WhatsApp, Facebook, Instagram via Powerful Integration

Meta Platforms Inc. will integrate its upgraded artificial intelligence assistant with its leading social media apps - Facebook, Whatsapp, and Instagram. Users of these platforms worldwide can experience advanced AI...

Geopolitical Tensions Trigger Crypto Market Crash; Bitcoin, Ether Prices Tumble

Following reports of Israeli missile strikes on Iranian targets and retaliatory drone attacks by Iran on Israel, major cryptocurrencies, including Bitcoin and Ether, have seen sharp declines. Bitcoin dropped 2.64% to...

Apple Pulls WhatsApp, Threads from China Store; US Moves to Force TikTok Sale

Apple has removed WhatsApp and Threads from its China App Store following government orders, amid escalating tensions over app security. Concurrently, US Congress advances legislation requiring TikToks Chinese owner,...

Bitcoin Holders Transfer $1.7 Billion to Accumulation Wallets Amid Price Drop

In a bold display of confidence, Bitcoin investors moved a record $1.7 billion into accumulation wallets as the cryptocurrencys price dipped below $63,000 on April 16, highlighting a surge in buying during the market...

TSMC to Hike Prices for Chips Made Outside Taiwan, Impacting Global Device Costs

TSMC, the worlds leading chipmaker, announced that chips manufactured outside of Taiwan, such as those from its new Arizona plant, will cost more. This move could lead to higher prices for consumer electronics...