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USD/CAD falls below 1.24 on strong oil, WTI at 53.20

Feb 17, 2015 10:42 am UTC| Technicals

1.2382 = 11-day low for USD/CAD as CAD regains from rising oil prices WTIat USD 53.20/barrel, 40 cents higher thanMonday USD/CAD support levels are 1.2375 (Feb 6 low) 1.2353 (Feb 3 low) Break below...

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...

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Economy

Kenya’s Ruto Faces Backlash Over Tax Plan as Protests Rock Nation

Since taking office in 2022, President William Ruto has sought to stabilize Kenyas finances and assert his leadership. However, recent attempts to impose new taxes have led to widespread protests, resulting in violence and...

Japan Corporate Bankruptcies Surge to 10-Year High Amid Inflation and Labor Shortages

According to Tokyo Shoko Research, corporate bankruptcies in Japan reached a 10-year high in the first half of 2024, with 4,931 cases reported. This was mainly due to inflation and labor shortages. Japan Sees 10-Year...

Export Group Demands PH Government Address Economic Issues in Crucial China Talks

A trade association of exporters is bringing to the Philippine governments attention that economic concerns outside of the territorial dispute in the South China Sea should be included in the bilateral negotiations with...

Markets Barely Flinch as Labour Secures Landslide Election Victory in UK

Share prices increased slightly, and the pound moved little on the currency markets. In the United Kingdom, there was abundant demand for government bonds. After a night of intense political drama, the City seemed largely...

Labor Market Cools Slightly as US Economy Adds 206,000 Jobs in June

New labor figures from the Bureau of Labor Statistics (BLS) indicate that the labor market began to gradually improve in the month of June, with the addition of 206,000 jobs to the economy of the United States in the...

Politics

House Prepares Vote on Joe Biden's Veto of Crypto Rule SAB 121 Next Week

Next week, the House of Representatives will vote on President Bidens veto of the SAB 121 rule, a pivotal regulation affecting how SEC-reporting entities manage cryptocurrency custody on their balance sheets. House...

Joe Biden's Health Sparks 'Dystopian Theory' Panic Among Democrats: 'Nothing Else Made Sense'

Amid mounting concerns over President Joe Bidens health, Democrats are reportedly in a state of panic, fueled by a burgeoning dystopian theory that has begun to circulate widely. The theory, suggesting dire implications...

Donald Trump Draws Ire Over Claims of Unfamiliarity with Key 'Project 2025' Plan

Former President Donald Trump is under fire following his recent claims of ignorance regarding Project 2025, a comprehensive plan developed by conservative think tanks to reshape the federal government. Critics from...

Joe Biden's Staffers Reportedly 'Miserable' as He Relies Heavily on Inner Circle: New Report Sparks Concern

Recent reports have revealed that President Joe Bidens White House staffers are feeling increasingly demoralized and miserable as the President continues to rely heavily on a close-knit group of advisors. This inner circle...

Donald Trump Labels George Stephanopoulos ‘Most Vicious’ Before Joe Biden Interview, Stirring Media Debate

Former President Donald Trump has once again made headlines with his sharp criticism, this time targeting ABC News anchor George Stephanopoulos. Just days before Stephanopoulos is set to interview President Joe Biden,...

Science

Study: Alcohol and Energy Drink Mix Impairs Memory and Learning in Rodents

Researchers at an Italian university found that mixing alcohol and energy drinks leads to long-term memory and learning issues in rodents. The study, published in Neuropharmacology, highlights the potential risks to...

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...

Technology

Nintendo Switch 2 to Feature Enhanced Docked Mode, Rivals Steam Deck Performance

Reports indicate the Nintendo Switch 2 will boast enhanced docked and handheld modes, competing with Steam Decks performance. Nintendo Switch 2 Features Power-Efficient Design There have been reports going around...

Mahindra to Launch Cybertruck Rival? Rumor Suggests Electric Pickup in the Works

Mahindra is rumored to be preparing to launch an electric pickup truck that could rival the Tesla Cybertruck, featuring unique design and advanced technology. Mahindras Born Electric Teaser Sparks Interest Its...

Shiba Inu (SHIB) Leads Crypto Rally; Ex-Goldman Analyst Predicts Meme Coin Cycle

Shiba Inu (SHIB) has climbed 7% in the last 24 hours, spearheading the meme coin market revival, CoinGecko reports. Shiba Inus Performance in the Crypto Market Shiba Inu (SHIB), the second-largest meme...

Tron Develops Gas-Free Stablecoin for Ethereum and Tron, Pitting Against PayPal’s PYUSD

Tron, under Justin Suns leadership, is creating a gas-free stablecoin to eliminate fees on Ethereum and Tron, challenging PayPals PYUSD. Eliminating Gas Fees: Trons New Stablecoin Initiative The creator of Tron,...

Intel Arrow Lake CPUs to Debut with Fast Throttle for Superior Thermal Management

Intels next-gen Arrow Lake CPUs will debut with the innovative Fast Throttle thermal management, designed to dynamically adjust individual core temperatures for optimal performance, promising significant enhancements for...