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Fri, May 03, 2024 01:41 AM All times are UTC

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FxWirePro: EUR/GBP price action holds above daily cloud, on track to test 20-DMA at 0.8513

Sep 12, 2016 04:18 am UTC| Technicals

EUR/GBP trades a narrow range in the Asian session, finds strong support at 0.8440 (converged 510 DMA). Violation there could see next major support by cloud top at 0.8431. EUR/GBP has bounced off from major...

FxWirePro: Silver slips below $19.00 mark, good to sell on rallies

Sep 12, 2016 04:09 am UTC| Technicals

XAG/USD is currently trading around $18.92 marks. It made intraday high at $19.12 and low at $18.76 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.27 levels. A daily...

FxWirePro: NZD/USD recovery rejected at 0.7345, bias lower, stay short

Sep 12, 2016 03:58 am UTC| Technicals

Ongoing uncertainty over the US interest rates outlook amid a slew of mixed Fed speaks, leaves the investors confused. Kiwi bears in control for the third straight session, NZD/USD recovery attempts rejected at...

ASX200 trades near 200- day MA, break below targets 5150/5100

Sep 12, 2016 02:55 am UTC| Technicals

Major resistance -5312 (3-day EMA). Major support - 5208(Cloud bottom). The index has broken major psychological support at 5300 and declined till 5214 at the time writing.It is currently trading around...

Nikkei225 trades below 17000, decline till 16400 likely

Sep 12, 2016 02:38 am UTC| Technicals

Major support -16820 (200- day MA). Nikkei225 has broken major support at 200- day MA at 16796 and trades slightly below that level.It is currently trading around 16693. The index has formed temporary top around...

FxWirePro: USD/TWD remains highly volatile during early hours of Asia, bias remains neutral

Sep 12, 2016 02:25 am UTC| Technicals

USD/TWD is currently trading around 31.64 marks. It made intraday high at 31.69 and low at 31.19 marks. Intraday bias remains neutral till the time pair holds key resistance at 31.82 marks. A daily close...

FxWirePro: USD/KRW breaks key resistance at 1,107 mark; stay bullish

Sep 12, 2016 01:59 am UTC| Technicals

USD/KRW is currently trading around 1,110 levels. It made intraday high at 1,111 and low at 1,102 marks. Intraday bias remains bullish till the time pair holds key support at 1,102 levels. A daily close...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

Solana's Future Anchored in Four Key Pillars, Developer Outlines Strategy

Vibhu Norby, CEO of Drip Haus, has outlined four essential pillars to define Solanas path forward amid a dynamic period of growth and challenges in the blockchain space. Key Strategies for Solanas Scaling and User...

Shiba Inu Magazine Details Upcoming Shibarium Hard Fork Enhancements

Shiba Inu (SHIB) lovers will get a full description of the highly anticipated Shibarium hard fork in the most recent issue of The Shib magazine. On International Workers Day, the magazine begins with a rallying cry for the...

2025 Sees SK hynix's HBM Chips Fully Booked Amidst AI Surge

SK hynix, a key player in the artificial intelligence (AI) services sector, made a significant announcement on Thursday. HBM Sales Reflect SK hynixs Market Leadership Its high-bandwidth memory (HBM) processors,...

Bitcoin Price May Consolidate for Two Months Post-Halving, Says Bitfinex

As the cryptocurrency market adjusts to the latest Bitcoin halving, analysts from Bitfinex forecast a price consolidation period of up to two months, with significant price fluctuations expected within this...

Former PayPal President Predicts Bitcoin as AI's Future Currency

Amid fluctuating prices, former PayPal President David Marcus champions Bitcoin as the native currency of AI at the Bitcoin for Corporations 2024 event, rekindling interest and optimism in the cryptocurrencys long-term...