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Sat, Sep 21, 2024 01:18 AM All times are UTC

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GBP/USD breaks major resistance 1.32680 on higher CPI data, jump till 1.3400 likely

Sep 12, 2017 09:03 am UTC| Technicals

Cable has broken high of 1.32241 made on Sep 8th 2017 and is trading near year high (1.32680) on account of better than expected UK CPI data. UK CPI data m/m came at 0.6% compared to forecast of 0.5% and core CPI Y-Y...

FxWirePro: FTSE100 upside capped by 61.8% fibo, good to buy on dips

Sep 12, 2017 08:23 am UTC| Technicals

FTSE100 is trading in narrow range between 7282 and 7459 for the past one- month. The index has once again shown a minor dip after hitting high of 7432 yesterday and is currently trading around 7428. Short term trend...

FxWirePro: USD/CNY stabilizes above 6.52 mark, PBOC sets yuan mid-point at 6.5277

Sep 12, 2017 08:14 am UTC| Technicals

USD/CNY is currently trading around 6.5300 marks. It made intraday high at 6.5477 and low at 6.5253 levels. Intraday bias remains bullish till the time pair holds key support at 6.4772 mark. A sustained...

FxWirePro: GBP/AUD tests channel top at 1.6465, good to go long on break above

Sep 12, 2017 07:04 am UTC| Technicals

GBP/AUD tests channel top at 1.6465, intraday bias higher, further upside on break above. British Pound gained fresh traction after the UK Parliament passed the EU Withdrawal Bill by 326 to 290 votes. UK PM May...

FxWirePro: USD/CHF faces strong resistance at 20- day MA, good to buy on dips

Sep 12, 2017 06:56 am UTC| Technicals

USD/CHF has rallied sharply for the second consecutive day after forming temporary bottom around 0.94217. The pair jumped till 0.95740 at the time of writing and is currently trading around 0.95570. The decline from...

FxWirePro: USD/ZAR remains well supported below 13.00 mark, stay bearish

Sep 12, 2017 06:43 am UTC| Technicals

USD/ZAR is currently trading around 12.93 levels. It made intraday high at 12.98 and low at 12.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.02 mark. A daily close...

FxWirePro: AUD/NZD finds major trendline resistance at 1.1155, upside only on break above

Sep 12, 2017 06:35 am UTC| Technicals

The Aussie remained under some selling pressure after the nations business confidence index dropped to 5 in August from a reading of 12 last month. Prevalent negative trading sentiment around commodity space further...

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Economy

Asian Markets Extend Rally as Yen Strengthens with Bank of Japan Holding Steady

Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank of Japan upheld its monetary policy. The MSCI Asia-Pacific index rose 0.6%, driven by Wall...

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Bitcoin Expected to Hit $200K by 2025, Standard Chartered Cites Key Economic and Regulatory Shifts

Bitcoin could reach $200,000 by the end of 2025, according to Standard Chartered, driven by economic conditions, ETF growth, and a potential change in US regulatory policies. No matter who wins the 2024 US presidential...

Lawsuit Alleges Thousands of Noncitizens Registered to Vote in Nevada: Secretary of State Under Fire

A lawsuit has emerged in Nevada, claiming that as many as 11,000 noncitizens are improperly registered to vote in the key swing state. The legal challenge accuses Democratic Secretary of State Francisco Cisco Aguilar of...

Is Donald Trump Corrupt?

As former President Donald Trump prepares for a potential return to the political stage in 2024, renewed allegations of corruption continue to follow him, casting a shadow over his future ambitions. Trump, who has faced...

Donald Trump Informed Pentagon of National Guard Request on January 6: What the Records Show

In a new twist in the ongoing investigations surrounding the January 6 Capitol riot, recently surfaced transcripts appear to show that former President Donald Trump informed top Pentagon officials about his desire for a...

Are Muslims Voting Donald Trump or Kamala Harris?

With the 2024 presidential election fast approaching, the question of which candidate Muslim voters will support is becoming increasingly significant. Both Donald Trump and Kamala Harris represent starkly different...

Science

Starlink Aviation Expands to 2,500 Aircraft After United Airlines Partnership

SpaceXs Starlink Aviation service is expanding rapidly, with 2,500 aircraft now under contract after a recent agreement with United Airlines. This marks a significant milestone in in-flight connectivity, as Starlink...

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

Bitcoin Rumor Ignites: Michael Saylor of MicroStrategy Hints US Banks to Custody Bitcoin

Michael Saylor, CEO of MicroStrategy, has stirred the crypto world by revealing credible rumors that major US banks may soon provide Bitcoin custody services, potentially revolutionizing the intersection of traditional...

BNY Mellon Granted SEC Waiver, Paving the Way for Institutional Crypto Custody Services

BNY Mellon has reportedly obtained an exemption from the SECs SAB 121, allowing the bank to move forward with its institutional crypto custody business. The move underscores growing institutional interest in digital...

Catizen (CATI) Climbs 34% After Binance Debut, New Margin Trading Pairs Added

Catizen (CATI) surged 34% in its first trading session on Binance. The listing comes with new margin trading pairs and a zero-fee structure for conversions. The CEX has announced that Catizen (CATI) would be added to...

XRP Could Reach $2 by 2025 if Bitcoin Breaks $150K, Analysts Say

Amid indications that the SEC wont appeal the Ripple verdict and expectations of Bitcoin breaking past $150,000, crypto experts anticipate XRPs price could hit $2 by 2025. The combination of bullish Bitcoin momentum and...

Shiba Inu's Shytoshi Kusama Teases “Big Plans” After TOKEN2049 Conference Appearance

Shytoshi Kusama, the mysterious leader behind Shiba Inu, hinted at significant future announcements after her participation at TOKEN2049 in Singapore. These cryptic remarks have left SHIB holders buzzing with anticipation...