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FxWirePro: USD/TWD remains well supported above 30.50 mark, Taiwan’s export orders data in focus

Mar 20, 2020 03:34 am UTC| Technicals

USD/TWD is currently trading around 30.34 marks. It made intraday high at 30.43 and low at 30.28 marks. Intraday bias remains neutral for the moment. A daily close above 30.55 will drag the parity up towards...

FxWirePro: Thai baht erases previous loss against U.S. dollar, bias remains slightly bearish

Mar 20, 2020 02:15 am UTC| Technicals

USD/THB is currently trading around 32.44 marks. It made intraday high at 32.62 and low at 32.36 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.60 mark. On the top side,...

FxWirePro: USD/SGD takes halt around 1.4568 mark, further sideways movement likely

Mar 20, 2020 02:04 am UTC| Technicals

USD/SGD is currently trading around 1.4511 marks. It made intraday high at 1.4542 and low at 1.4483 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.4568 mark. A daily close...

FxWirePro: EUR/KRW enjoys roller coaster movement, faces key support at 1,336 mark

Mar 20, 2020 01:49 am UTC| Technicals

EUR/KRW is currently trading around 1,346 mark. It made intraday high at 1,346 and low at 1,339 levels. Intraday bias remains bullish till the time pair holds key support at 1,336 mark. A sustained close...

Fxwirepro: EUR/AUD reverses recent rally, bias back to downside

Mar 19, 2020 18:24 pm UTC| Technicals

EUR/AUD declined on Thursday as the pair got caught in a downdraft of selling. The move sent the pair over 2.91% lower. The pair dropped quickly to test (38.2 fib) at 1.8008. A break under 1.8008 would unmask 1.7569...

FxWirePro: Major pair levels and bias summary

Mar 19, 2020 17:16 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: EURUSD hits multi-year low on safe-haven demand, good to sell on rallies

Mar 19, 2020 17:05 pm UTC| Technicals

Ichimoku Analysis (hourly chart) Tenken-Sen- 1.08158 Kijun-Sen- 1.08384 EUR USD continues to trade lower for 2nd consecutive week and lost more than 800 pips. It hits lowest levels since Apr 2017 at 1.06730 and is...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

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

Leaked: New Huawei Luxeed SUV Images Fuel Anticipation for Tech Upgrades

Recently leaked photos allegedly showcasing the Huawei Luxeed SUV have ignited speculation over the vehicles advanced features and smart technology, potentially setting a new benchmark in the automotive...

Bitfinex CTO Deems Database Breach Claims 'Fake' Amidst Hacker Allegations

Bitfinexs Chief Technology Officer Paolo Ardoino has cast doubts on claims of a database breach by hacker organization FSOCIETY, branding the allegations as fake. Ardoino refuted the purported leak of 22,500 user emails...

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

Walmarts adoption of a Tesla Semi hit the California highways, signaling the electric trucks expanding reach. The sighting follows Teslas revelation of a late 2025 and early 2026 launch window for the highly anticipated...

Altcoin Market Rally Predicted, Analysts Forecast $4 Trillion Market Cap Surge

Analysts are predicting a substantial rally in the altcoin market, with projections indicating a surge that could drive the market cap to an impressive $4 trillion. This optimistic outlook is supported by positive economic...

Shiba Inu's Remarkable 12% Surge Fueled by Record SHIB Burns, Community Momentum

Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...