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Tue, Jul 02, 2024 08:00 PM All times are UTC

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EUR/USD hourly cloud top offers resistance at 1.1406

Feb 17, 2015 10:32 am UTC| Technicals

Pair breaks into the hourly Ichimoku cloud, at base of 1.1385 The top of the cloud now provides resistance at 1.1406. Current high is 1.1399 Stick with selling rallies under Mondays 1.1429 high Supports...

EUR/CHF maintains firm close to 1.0651

Feb 17, 2015 09:58 am UTC| Technicals

Crosss bid raised to the 200 HMA at 1.0535 as prices move north High 1.0645 on Monday, step closer to post-floor-break bounced high at 1.0651 61.8% of the Jan 15 session failure is at 1.0669 A breakout...

GBP/USD sees dip buyers emerging after UK inflation data

Feb 17, 2015 09:52 am UTC| Technicals

Dip buyers seen after knee-jerk GBP drop on UKJan inflation data Annualized CPI falls to 0.3%, as per Reuters poll forecast GBP bulls emphasize expansion of UK earnings growth vs CPI UK annualized core...

USD/JPY returns to levels above Ichimoku cloud top

Feb 17, 2015 09:48 am UTC| Technicals

Pair pushed through Ichimoku cloud top, which fell to 118.71 today The 200 HMA holds efforts to boost at 118.82 intraday 61.8% contained weakness yesterday by 118.10 before rebound Cloud will twist at 118.095 on Feb 25,...

EUR/USD intraday lift halted by hourly Ichimoku cloud

Feb 17, 2015 09:40 am UTC| Technicals

Pair sees sharp rebound intraday through 200 HMA and 100 HMA at 1.1365 and 1.1371 Base of hourly Ichimoku cloud halts at 1.1385 and slight easing kicks in A break back inside the cloud finds resistance...

USD/JPY contained well, large expiries, volumes under pressure

Feb 17, 2015 08:53 am UTC| Technicals

Pair trails Nikkei, 118.24-118.65 range today, 118.11-88 yesterday Technical support at 118.10 (61.8% of 116.64-120.48). Stops seen sub 118.00 200HMA initial resistance 118.67, before daily cloud top...

EUR/SEK – Swedish CPI data slightly stronger than expected

Feb 17, 2015 08:42 am UTC| Technicals

Soft inflation data out of Sweden, m/m core falls -1.0% vs +0.2% previous Market looked for a 1.1% mm fall, yy posted a surprise +0.6% Headline prices fall as well EUR/SEK bid into the data but comes away...

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Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

South Africa’s unity government: 4 crucial factors for it to work

Governments of national unity built on power-sharing arrangements are common in Africa and elsewhere in the world. Now South Africa also has a unity government, following the 2024 general election in which no party won a...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Hamster Kombat Unveils Major July Updates: Token Airdrop and New Features

Hamster Kombat, a trending tap-to-earn game on Telegram, has revealed its July updates, including a token airdrop on the TON blockchain and new in-game features. Hamster Kombat Announces July Token Airdrop, In-Game...

Solana Surges 3.78%, Joins Top 10 Cryptos with Market Cap Above $68 Billion

Even though cryptocurrency assets begin the week with minor gains, Solana (SOL) has gained traction. One can see cryptocurrency values attempting to break out of their prior losses by examining the market. A growth of...

China’s SpaceX Falcon 9 Inspired Tianlong-3 Rocket Escapes Test Pad, Crashes

During a static fire test, Chinas Tianlong-3 rocket, developed by Space Pioneer, unexpectedly escaped its test stand and crashed 1.5 kilometers away. The incident, which was captured on social media, occurred in the final...

Carnival CEO Praises Starlink as a 'Game-Changer' for Cruise Connectivity

During the second-quarter earnings call, Carnival Corporation CEO Josh Weinstein recently lauded Starlinks high-speed internet connectivity. He emphasized that Starlink has significantly enhanced operational systems and...

Bitcoin Set for Strong July Recovery Despite Mt. Gox Repayment Concerns

Bitcoin is anticipated to exhibit strong performance in July following a nearly 7% decline in June. Despite concerns over Mt. Gox repayments, historical data shows an average 7.42% gain in July, hinting at a potential...