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FxWirePro: Daily Commodity Tracker - 1st June, 2020

Jun 01, 2020 12:10 pm UTC| Technicals

Daily Commodity Tracker WTI (US OIL): Daily trend - Slightly bullish Previous Week High/Low: 35.75/ 31.16 Previous Day High/Low: 35.75/ 32.39 GOLD (XAU/USD): Daily trend - Bullish Previous Week...

FxWirePro: Norwegian Krone near 3-month peak as crude oil prices rally 

Jun 01, 2020 11:58 am UTC| Technicals

The Norwegian Krone advanced to a near 3-month peak as the greenback plunged against a basket of currencies. The dollar index slumped as optimism over economies opening up again boosted risk appetite, amid worries...

FxWirePro: CHFJPY Daily Outlook

Jun 01, 2020 11:41 am UTC| Technicals

Ichimoku Analysis (8 Hour chart) Tenken-Sen- 111.74 Kijun-Sen- 111.48 CHFJPY has shown a sharp recovery of more than 100 pips on broad-based Swiss franc buying. USDCHF hits 1- month low and any...

FxWirePro: USD/TRY hovers towards 2-week peak, major resistance at 21-EMA

Jun 01, 2020 10:58 am UTC| Technicals

The Turkish Lira nudged down, hovering towards a near 2-week low hit last week despite the release of better-than-expected manufacturing PMI. The Istanbul Chamber of Industry Turkey Manufacturing PMI rose to 40.9 in...

FxWirePro: USDCHF trades below trend line support, dip till 0.9535

Jun 01, 2020 10:54 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.96690 Kijun-Sen- 0.96957 USDCHF continues to trade lower and holding below trend line support on broad-based US dollar selling. The weak US economic data...

FxWirePro: USD/DKK hits 2-1/2 month low, outlook remains bearish

Jun 01, 2020 09:58 am UTC| Technicals

The Danish Krone surged to a new 2-1/2 month peak as the greenback slumped to a multi-week trough. The dollar index plunged as protesters flooded the streets in the United States over the death of George Floyd in...

FxWirePro: EUR/JPY extends declines from 3-month highs, euro depressed after poor German, EMU Manufacturing PMIs

Jun 01, 2020 09:43 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was trading unchanged at around 119.61 at 09:35 GMT, Doji formation seen on the daily chart till now. The pair is consolidating breakout at 200-DMA and channel top seen last week,...

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Economy

Investors have bid against each other to buy Australia’s first green bond. Here’s why that’s a great sign

You might think government debt is bad, but it actually plays a crucial role in modern finance. Back when he was treasurer, Peter Costello famously declared that April 21 2006 would be known as Australias Debt Free Day....

Meet the ‘new consumer’: How shopper behaviour is changing in a post-inflation world

After a long anticipated wait, the Bank of Canada has finally decided to cut interest rates by 25 basis points. The decision marks a departure from the series of interest rate hikes that were previously implemented to curb...

Yes, carbon capture and storage is controversial – but it’s going to be crucial

Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year. But renewables alone cant get us to net zero. Sectors such as cement,...

The UK’s nature restoration plans have some big holes – here’s how to fill them

Have you heard anything about nature as a political priority in the upcoming UK general election? We havent. And as biodiversity researchers, that troubles us. The UK is already one of the worlds most nature-depleted...

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Politics

Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives

In a few short years, TikTok has moved from being an app for teens doing dance routines in their bedroom to a key part of political campaigning. Both Labour and the Conservatives are on the app (with 191,000 and 58,000...

2024 European elections: Who are young Europeans voting for?

Over the last five European Parliament elections, young peoples participation and preferences have changed significantly in response to various socio-economic, political and cultural factors. Of course, the European Union...

EU elections: far-right parties surge, but less than had been expected

The results of the 2024 European elections have confirmed the surge of far-right parties in EU member states. However, while many recorded significant scores, the wave was not a groundswell, and the shifts vary from...

Does voting help the climate?

The worlds biggest election took place in heat so severe it claimed the lives of several poll workers. Nearly one billion people were eligible to vote in the election that returned Narendra Modi to power in India, but...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Kia's $30,000 EV3 Built in Mexico to Qualify for US EV Tax Credit

Kia to build the $30,000 EV3 in Mexico, unlocking the US EV tax credit. The EV3s affordability and advanced features are set to make a significant impact on the electric vehicle market. Kia Unveils $30,700 EV3 at 2023...

Tesla Cybertruck Owner Showcases Electric Cooler, Full Owner's Manual Revealed Online

A Tesla Cybertruck owner highlights an electric cooler run by the trucks bed outlet, demonstrating its utility. Additionally, the Tesla Cybertruck owners manual has been revealed, providing comprehensive specifications and...

Tesla Model 3 LR AWD Now Qualifies for $7,500 Point of Sale EV Tax Credit

The IRS has included Teslas Model 3 LR AWD in the $7,500 EV tax credit list, allowing buyers to benefit from the new Point of Sale system. Tesla Model 3 LR AWD Now Eligible for EV Tax Credit Under New Point of Sale...

US Supreme Court to Hear Nvidia Crypto Mining Revenue Fraud Appeal

The U.S. Supreme Court will hear Nvidias appeal in a securities fraud lawsuit alleging the company misled investors about its cryptocurrency mining revenue. Supreme Court to Review Nvidias Appeal in Securities Fraud...
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