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AUD/USD ahead of 0.7850 limits for now

Mar 03, 2015 04:04 am UTC| Technicals

AUD/USD peaked out at 0.7845 after short covering took it from 0.7775 Sellers ahead of 0.7850 halt for time being as RBA adopts easing bias Market looks for further RBA easing capping the $A...

AUD/NZD - RBA holds, but may cut in the future

Mar 03, 2015 03:50 am UTC| Technicals

Cross volatile around release - knee jerk 1.0405 bounce - trades +25pts at 1.0365 Market is short - may be squeezed RBA wants AUD lower cuts likely Momentum studies move lower, 5, 10 20 dmas head...

USD/SGD slightly lower after RBA

Mar 03, 2015 03:47 am UTC| Technicals

USD/SGD moves down on rise in AUD after RBA held rates Dovish comments restricted rally in AUD/USD to 0.7845, last 0.7815 USD/SGD slid to 1.3642 low, last 1.3642-46 Expect pair to attract fresh ...

AUD/USD moves higher after RBA holds rates

Mar 03, 2015 03:34 am UTC| Technicals

AUD/USD higher after RBA held off easing rates Large sell orders at 0.7790 move to 0.7845 Early Monday high resistance at 0.7850 with break targeting 0.7900/20 Market was short AUD/USD coming into...

USD/MYR falls, stops through 3.6290

Mar 03, 2015 03:13 am UTC| Technicals

USD/MYR hit by stops below 3.6290, low at 3.6260 so far Sell-off in USD/JPY weigh, markets cautious ahead of RBA too USD/MYR last 3.6255-75, NDFs 3.6345-85; kLCI...

USD/JPY off more as weak longs extend

Mar 03, 2015 03:12 am UTC| Technicals

USD/JPY off more to 119.62, just ahead of yesterdays 119.60 low. Hourly 119.31-65 Ichimoku cloud providing some comfort. Pair is ascending and could fall into cloud without rebound. Below 119.60, hourly...

USD/SGD off highs, trails JPY, CNH

Mar 03, 2015 02:35 am UTC| Technicals

USD/SGD weighed by bounce in USD/JPY, USD/CNH USD/CNH extends fall below 6.2900 on plays, PBOC fix within expectations USD/JPY down on exporters USD/SGD last 1.3648-52, off early high at...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

Politics

Joe Biden to Possibly Quadruple Tariffs on Chinese EVs, Raising Duties to 100%

The US government plans to impose higher tariffs on various Chinese imports, including green products such as solar panels and batteries, medical equipment, and, most notably, an increase in duties on Chinese EVs from 25%...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Binance Under Strict FRA Watch for Three Years After DOJ Deal

The U.S. Department of Justice has tasked the Forensic Risk Alliance (FRA) with monitoring Binance, the worlds largest cryptocurrency exchange, for the next three years. This move follows Binances November plea bargain...

BYD Europe Challenges Tesla, EU Giants; Stellantis Defends Italian Turf

BYD Europe has announced plans to triple its market share in the European Union by 2025, aiming to outpace competitors like Tesla and Volkswagen. Meanwhile, Stellantis CEO Carlos Tavares firmly addresses the growing...

JPMorgan, Susquehanna Make Bold Moves with Bitcoin ETF Investments

JPMorgan Chase, the United States largest bank, has disclosed substantial investments in various Bitcoin ETFs, including those from Grayscale and BlackRock. Concurrently, Susquehanna International Group has bolstered its...

Bloomberg Unveils Causes of Bitcoin, ETH, SOL, XRP, SHIB Price Plunge Amid Market Turbulence

Crypto trading volumes on major cryptocurrency exchanges fell dramatically in April. Trading volumes declined for the first time in seven months after Bitcoins price fell from an all-time high of $73,800, Bloomberg...

Harvest CEO Eyes Bitcoin ETF Entry into Mainland China via Hong Kong's ETF Connect

Harvests CEO feels that the Hong Kong-mainland China ETF bridge initiative can potentially expand crypto ETF access in mainland China. Harvest Explores Offering Bitcoin and Ether ETFs to Mainland Chinese Investors via...