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FxWirePro: Chinese yuan strengthens against U.S. dollar, hits strongest level since June 2016

Aug 30, 2017 06:58 am UTC| Technicals

USD/CNY is currently trading around 6.5887 marks. It made intraday high at 6.5971 and low at 6.5796 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6227 mark. A sustained...

FxWirePro: AUD/JPY breaks above 20-DMA, on track to test trendline resistance at 89.70, stay long

Aug 30, 2017 06:21 am UTC| Technicals

Aussie buoyed on upbeat construction activity data, pushes AUD/JPY higher to hit 3-week highs at 87.80. The pair has shown decisive break above 20-DMA and is on track to test trendline resistance at 89.70. As...

FxWirePro: GBP/JPY trades above trend line resistance, jump till 144 likely

Aug 30, 2017 06:10 am UTC| Technicals

GBPJPY broken trend line resistance at 141.25 (trend line joining 143.19 and 141.40) and jumped till 142.03 yesterday. The pair has close well above trend line resistance and is currently trading around 141.89. The...

FxWirePro: USD/INR exhibits range bound movement, upside limited

Aug 30, 2017 05:58 am UTC| Technicals

USD/INR is currently trading around 63.92 marks. It made intraday high at 63.99 and low at 63.90 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.01 marks. Key resistances...

FxWirePro: EUR/USD shooting star to disrupt rallies but not coupled with momentum confirmation, massive volumes in uptrend – Bid boundary binaries for trading

Aug 30, 2017 05:52 am UTC| Technicals

In yesterdays rallies, shooting star candlestick pattern has occurred at the peaks of 1.1971 levels. Consequently, todays trade sentiment has been little edgy during Asian trading sessions. Shooting may hamper short...

FxWirePro: Gold downside limited due to political uncertainty, good to buy on dips

Aug 30, 2017 05:30 am UTC| Technicals

Gold has shown a minor profit booking after hitting an 11-month high as dollar pared so0me of its losses. But downside is limited due to political uncertainty. The yellow metal declined till $1307 and is currently trading...

FxWirePro: Aussie buoyed on upbeat construction activity data, AUD/USD extends gains above weekly 200-SMA, bias higher

Aug 30, 2017 05:16 am UTC| Technicals

AUD/USD hits 4-week highs at 0.7995 before paring some gains to currently trade at 0.7983. Aussie remains bid after the data released in Australia showed a big improvement in the construction activity. The second...

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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

7 Signs Donald Trump Could Win the 2024 Presidential Race Against Kamala Harris

As the 2024 presidential race looms, speculation is growing over whether former President Donald Trump can reclaim the White House in a head-to-head battle against Vice President Kamala Harris. While both candidates would...

Antony Blinken 2024: Age, Family, Net Worth, and Political Career Unveiled

As Secretary of State Antony Blinken continues to lead U.S. diplomatic efforts around the globe, his role in shaping the nations foreign policy has never been more critical. As the 2024 election year approaches, Blinken...

Merrick Garland 2024: Age, Family, Net Worth, and Political Career Revealed

Merrick Garland, the current U.S. Attorney General, continues to be a central figure in American legal and political discussions as 2024 approaches. Garland, known for his decades-long judicial career and his role in...

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...

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

Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the European...

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...