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FxWirePro: EUR/USD trades below 1.1700 level after dismal German ZEW index, good to sell on rallies

Jul 10, 2018 11:22 am UTC| Technicals

EUR/USD has pared most of the gainsmade yesterday. The pair has lost more than 80 pips from the high of 1.17905. The slight strength in the US dollar index and weaker than expected German ZEW Economic Sentiment. German ZEW...

FxWirePro: EUR/USD trades below 1.1700 level after dismal German ZEW index, good to sell on rallies

Jul 10, 2018 11:22 am UTC| Technicals

FxWirePro: GBP/USD trades weak after continuous negative Brexit news , dip till 1.3050 is likely

Jul 10, 2018 10:15 am UTC| Technicals

GBP/USD has halted its bullishness after hitting 2 week high yesterday. The pair declined sharply after showing a minor jump above 50- day MA. GBPUSD had recovered sharply after resignation of David Davis Brexit Secretary...

FxWirePro: EUR/JPY edges lower from 7-week highs at 130.60, bias higher, stay long on dips

Jul 10, 2018 10:07 am UTC| Technicals

EUR/JPY edges lower from 7-week highs at 130.60, bias higher. Euro dented after German ZEW economic sentiment missed forecasts. Data released earlier today showed German economic sentiment slumped to -24.7 versus...

FxWirePro: XAG/USD rejects key resistance at $16.22 mark, stay bearish

Jul 10, 2018 08:41 am UTC| Technicals

XAG/USD is currently trading around $16.04 marks. It made intraday high at $16.14 and low at $16.03 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $16.22 mark. A daily...

FxWirePro: CHF/JPY Daily Outlook

Jul 10, 2018 08:35 am UTC| Technicals

CHF/JPY has once again jumped sharply from the low of 110.30 (previously market jumped after hitting low of 110.11 (Jun 19th2018)). The pair recovered more than 150 pips and hits intraday high of 112.07. The recovery...

FxWirePro: AUD/CAD pauses shy of 200-DMA resistance, break above to test 100-DMA at 0.9827

Jul 10, 2018 07:43 am UTC| Technicals

AUD/CAD closes above 21-EMA, raising scope for further upside. Technical indicators are biased higher. Stochs have rolled over from oversold levels. RSI is above 50 and biased higher and we see a +ve DMI...

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Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Peter Thiel Doubts Significant Bitcoin Price Surge, Questions Cypherpunk Vision

Peter Thiel, former CEO of PayPal, expressed doubts about Bitcoins potential for significant price increases and questioned whether its cypherpunk, crypto-anarchist vision will ever be fully realized. Peter Thiel...

Pixelverse Launches PIXFI Token on TON as PixelTap Gains Massive Popularity

Pixelverse, a cyberpunk-themed crypto gaming ecosystem, has unveiled the PIXFI token on The Open Network (TON). This launch aims to support its rapidly growing Telegram game, PixelTap, which combines clicker and combat...

Lease the 2024 Hyundai IONIQ 5 for Less Than the Cheapest Car in the US

Hyundai is revolutionizing the electric vehicle market with its 2024 IONIQ 5, now available for lease at a price lower than the Nissan Versa, the most affordable car in the US. With substantial incentives driving down...

Sneak Peek: Samsung’s Galaxy Z Fold 6 & Z Flip 6 Color Options and Cases Leak Before Unpacked 2024

Days before Samsungs Galaxy Unpacked 2024 event in Paris, leaked images have unveiled the Galaxy Z Fold 6 and Z Flip 6 color options. Renowned tipsters Evan Blass and WinFuture shared detailed views, revealing a boxier...

Bitcoin Miner Sell-Off Eases with 85% Drop in Withdrawals After Halving

Bitcoin miner withdrawals have plummeted nearly 90% since the April halving, significantly reducing sell pressure. According to CryptoQuant, the decline in withdrawals from miner-affiliated wallets signals a potential...