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FxWirePro: USD/JPY breaches 5-DMA support, dovish remarks by Fed Chair Powell support USD bears

Nov 29, 2018 05:14 am UTC| Technicals Research & Analysis

USD/JPY chart on Trading View used for analysis USD/JPY slips below 5-DMA support after the pair was rejected at 114 handle on Wednesdays trade. Fed Chair Powells comments on the policy outlook weighed on the...

FxWirePro: USD/TWD hits fresh 2-week low at 30.74 mark, further downside movement likely

Nov 29, 2018 04:14 am UTC| Technicals

USD/TWD is currently trading around 30.77 marks. It made intraday high at 30.88 and low at 30.74 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.99 mark. A daily close...

FxWirePro: Nikkei trades higher on Fed chair's dovish comment, good to buy on dips

Nov 29, 2018 03:36 am UTC| Technicals

Asian marketsis trading higher followingfootsteps of Wall Street especially Nikkei jumped more than 400 points from low of 22044. US markets was trading higher and jumped more than 2% after Fed Chairman Powell said...

FxWirePro: Singapore dollar rises noticeably against U.S. dollar, faces key support at 1.3685 mark

Nov 29, 2018 02:49 am UTC| Technicals

USD/SGD is currently trading around 1.3724 marks. It made intraday high at 1.3736 and low at 1.3721 levels. Intraday bias remains bearish for the moment. A daily close above 1.3727 will test key resistances...

FxWirePro: USD/THB slips below 33.00 mark, stay bearish

Nov 29, 2018 02:24 am UTC| Technicals

USD/THB is currently trading around 32.89 marks. It made intraday high at 32.93 and low at 32.87 marks. Intraday bias remains bearish for the moment. On the top side, key resistances are seen at 32.97,...

FxWirePro: XAG/USD back above $14.30 mark, sustained close above requires for upside rally

Nov 29, 2018 01:26 am UTC| Technicals

XAG/USD is currently trading around $14.32 marks. It made intraday high at $14.33 and low at $14.29 levels. Intraday bias remains bullish for the moment. A daily close above $14.32 will test key resistances...

FxWirePro: South Korean won rises gradually against euro, stay bearish

Nov 29, 2018 01:02 am UTC| Technicals

EUR/KRW is currently trading around 1,276 mark. It made intraday high at 1,276 and low at 1,275 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,282 mark. A...

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Economy

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...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

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

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...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Shiba Inu Whale Moves Trillions of SHIB to Binance Amid Market Volatility

While the rest of the cryptocurrency market experienced tremendous volatility over the past few days, Shiba Inu experienced the same. The meme currency is currently selling at about $0.00001734, a decrease of 3.6% over...

Shiba Inu Team Hints at Major Developments: 'Future Is Bright,' Lucie Says

On behalf of the Shiba Inu team, the official marketing head, Lucie, has sent out a tweet in which she provides a hint about the development currently taking place behind the scenes. Although she did not disclose any...

VanEck Submits Form 8-A for Spot Ethereum ETF, Anticipates SEC Approval Soon

VanEck, a leading crypto asset management firm, has filed Form 8-A for its spot Ethereum ETF, moving closer to potential SEC approval and market debut. VanEcks Form 8-A Filing Advances Spot Ethereum ETF, Awaiting SECs...

German Government Sells 900 Bitcoin, Could Trigger Price Drop Below $60,000

The German governments sale of 900 Bitcoin, worth over $54 million, could drive Bitcoin prices below the critical $60,000 mark, as substantial selling pressure looms. German Government Sells $54 Million in Bitcoin,...

11,000 Tesla Cybertrucks Recalled Again Over Safety Concerns with Trim and Wipers

Tesla is recalling 11,000 Cybertrucks for the fourth time, focusing on issues with loose trim and malfunctioning windshield wipers. 11,000 Cybertrucks Affected For the fourth time in the United States, Tesla is...