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FxWirePro: Chinese yuan strengthens past 6.45 per U.S. dollar after trade balance data

Sep 08, 2017 05:31 am UTC| Technicals

USD/CNY is currently trading around 6.4451 marks. It made intraday high at 6.4829 and low at 6.4446 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.5285 mark. A sustained...

FxWirePro: AUD/USD breakout of Symmetric Triangle pattern raises scope for further upside, stay long

Sep 08, 2017 05:17 am UTC| Technicals

AUD/USD hits 28-month high at 0.8116 before paring some gains to currently trade around the 0.81 handle. Upbeat home loans data from Australia remained supportive of the strong bid tone surrounding the...

FxWirePro: USD/SGD falls below 1.34 mark, bias remains bearish

Sep 08, 2017 04:20 am UTC| Technicals

USD/SGD is currently trading around 1.3370 marks. It made intraday high at 1.3408 and low at 1.3364 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3501 mark. A daily close...

FxWirePro: USD/JPY hits 2017 lows at 108.04, bias lower, good to go short on rallies

Sep 08, 2017 04:18 am UTC| Technicals

Persistent weakness in the greenback coupled with weaker market sentiment reinforces downside in USD/JPY. The pair has breached major trendline support at 108.40 to hit lowest since Nov 2016. Technical weakness...

FxWirePro: USD/THB hovers around 33.00 mark, good to sell on rallies

Sep 08, 2017 03:12 am UTC| Technicals

USD/THB is currently trading around 33.05 marks. It made intraday high at 33.08 and low at 33.05 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.15 mark. A daily close...

FxWirePro: Taiwanese dollar trades below 30.00 to U.S. dollar, strongest intraday level for local dollar since Sept 2014

Sep 08, 2017 02:29 am UTC| Technicals

USD/TWD is currently trading around 29.92 marks. It made intraday high at 30.06 and low at 29.77 marks. Intraday bias remains bearish till the time pair holds key resistance 30.11 mark. A daily close above...

FxWirePro: South Korean won falls gradually against euro, stay bullish

Sep 08, 2017 01:56 am UTC| Technicals

EUR/KRW is currently trading around 1,355 mark. Pair made intraday high at 1,355 and low at 1,352 levels. Intraday bias remains bullish till the time pair holds key support at 1,340 mark. A sustained close...

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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

Mitch McConnell 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, Senate Minority Leader Mitch McConnell remains a pivotal figure in American politics, continuing to exert significant influence over the Republican Partys direction. With decades of experience in the...

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...

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

Elon Musk Accused of Disabling Cybertruck Used in Ukraine-Russia War by Chechen Leader

Ramzan Kadyrov, the Chechen leader, alleges that Elon Musk remotely disabled his Tesla Cybertruck during its use in the Ukraine-Russia war, adding another twist to the ongoing controversy surrounding the vehicles presence...

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...
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