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FxWirePro: XAG/USD remains well supported above $18.00 mark, stay long

Sep 08, 2017 07:54 am UTC| Technicals

XAG/USD is currently trading around $18.13 marks. It made intraday high at $18.19 and low at $18.07 levels. Intraday bias remains bullish till the time pair holds key support at $17.78 mark. A daily close...

FxWirePro: EUR/CAD trades rangebound, fails to break strong support at 200-DMA

Sep 08, 2017 07:06 am UTC| Technicals

EUR/CAD has bounced off strong support at 200-DMA, we see weakness only on break below. Euro held gains after ECB began to pave way to tapering stimulus plan after leaving rates on hold. The pair is trading in a...

FxWirePro: USD/INR hits fresh 4-week low at 63.75 mark, sustained close below targets 63.48 mark

Sep 08, 2017 06:44 am UTC| Technicals

USD/INR is currently trading around 63.85 marks. It made intraday high at 63.98 and low at 63.75 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.05 marks. Key resistances...

FxWirePro: Buy Gold on Dips

Sep 08, 2017 06:32 am UTC| Technicals

Gold increased sharply almost $20 yesterday on account of weaker US dollar. The yellow metal hits fresh year high at $1357 and is currently trading around $1354.82. Euro hits 33- month high after ECB meeting....

FxWirePro: Nikkei trades lower on stronger yen, good to sell on rallies

Sep 08, 2017 06:30 am UTC| Technicals

Nikkei has declined once again after showing a minor recovery till 19482 on account of stronger yen and global equities sell off. The political uncertainty in North Korea has increased demand for safe haven assets like...

FxWirePro: NZD/USD spikes past 20-DMA at 0.7244, eyes 78.6% Fibo at 0.74, stay long

Sep 08, 2017 06:21 am UTC| Technicals

NZD/USD spikes past 20-DMA to hit 3-week highs at 0.73373, bias higher. Broad based sell-off in the greenback post US jobless claims reports which showed a sharp increase to the highest since 2015 supporting...

FxWirePro: EUR/JPY shooting star plummets rally, gravestone to bear trap, major trend retraces 50% Fibos – Long hedges on bullish leading and lagging indications

Sep 08, 2017 06:17 am UTC| Technicals

Bulls gain traction after hammer formation, Shooting star counters, and the trend has been drifting non-directional mode, while the current prices are well above 21DMAs amid gravestone doji formation. For now,...

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Economy

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

Chuck Schumer 2024: Age, Family, Net Worth, and Political Career Analyzed

Senate Majority Leader Chuck Schumer remains a dominant force in U.S. politics as 2024 approaches, with his leadership shaping key legislative battles and party strategy. With a long tenure in public service, Schumer is a...

Hakeem Jeffries 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, all eyes are on Hakeem Jeffries, a rising figure in the Democratic Party and a potential key player in the political landscape. With his increasing prominence, Jeffries has garnered significant...

Did Melania Trump Cheat on Donald Trump?

Rumors of infidelity have long been a staple in the world of high-profile marriages, and the latest speculation surrounding former First Lady Melania Trump is no exception. Whispers of an alleged affair between Melania and...

Media Analysis Reveals 95% Negative Coverage of Trump by ABC, CBS, and NBC After Alleged Second Assassination Attempt

A recent analysis by the Media Research Center (MRC) has raised concerns about media bias, revealing that 95% of news coverage by ABC, CBS, and NBC regarding former President Donald Trump was negative following an alleged...

Science

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

BlackRock Bitcoin ETF Options Debut on Nasdaq After SEC Approval, Ushering in New Trading Era

The SEC has approved options trading for BlackRocks iShares Bitcoin ETF on the Nasdaq, marking the first spot Bitcoin ETF with options in the U.S., potentially transforming Bitcoin risk management for institutional...

Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level

Shiba Inu witnessed a 115% rise in whale activity, pushing its price to $0.0000145. The surge signals strong investor confidence as SHIB approaches a critical resistance level. Every day brings a new twist to the Shiba...

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...
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