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FxWirePro: USD/TWD hits fresh 2-month low at 30.01 mark, sustained close below requires for downside rally

Nov 16, 2017 04:54 am UTC| Technicals

USD/TWD is currently trading around 30.10 marks. It made intraday high at 30.14 and low at 30.01 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.22 mark. A daily close...

FxWirePro: USD/SGD hits fresh 4-week low at 1.3532 mark, stay bearish

Nov 16, 2017 03:51 am UTC| Technicals

USD/SGD is currently trading around 1.3568 marks. It made intraday high at 1.3573 and low at 1.3560 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3601 mark. A daily close...

FxWirePro: Nikkei225 trades lower on weaka global markets, good to sell on rallies

Nov 16, 2017 03:19 am UTC| Technicals

Nikkei is continuing its losing streak for fifth consecutive days after hitting hitting 25 year high at 23525. The index is trading slightly weak on account of slight bullishness in yen and weak US stock market. US Dow...

FxWirePro: Thai baht strengthens in early Asia, hits strongest level since April 2015

Nov 16, 2017 03:14 am UTC| Technicals

USD/THB is currently trading around 33.01 marks. It made intraday high at 33.02 and low at 32.99 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 33.15 mark. A daily...

FxWirePro: Silver trades flat at $17.00 mark, bias remains neutral

Nov 16, 2017 02:23 am UTC| Technicals

XAG/USD is currently trading around $16.97 marks. It made intraday high at $16.99 and low at $16.94 levels. Intraday bias remains neutral for the moment. A daily close above $16.96 will test key resistances...

FxWirePro: EUR/KRW rejects key resistance at 1,313 mark, bias turns bearish again

Nov 16, 2017 01:48 am UTC| Technicals

EUR/KRW is currently trading around 1,301 mark. Pair made intraday high at 1,302 and low at 1,299 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,313 mark. A sustained...

FxWirePro: Aussie trades marginally higher after employment data

Nov 16, 2017 01:21 am UTC| Technicals

AUD/NZD is currently trading around 1.1072 marks. Pair made intraday high at 1.1083 and low at 1.1017 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.1033 mark. A...

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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

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...

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...

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

K9 Finance Joins Shibarium Puppynet, Unveils Major Bone Crusher Update

K9 Finance has unveiled significant upgrades to its Bone Crusher product and secured a spot on the Shiba Inus Shibarium Puppynet allowlist. This milestone marks a pivotal advancement in their decentralized finance (DeFi)...

House Overturns SEC Crypto Ban, Biden Threatens Veto Amid Regulatory Clash

In a significant bipartisan move, the U.S. House of Representatives voted to overturn the SECs Special Accounting Bulletin (SAB 121), which had barred banks from holding cryptocurrency assets. The resolution, facing a...

EU Seizes Two Tesla Cybertrucks at Belarus Border Amid Russia Smuggle Attempt

In striking enforcement of EU sanctions, Lithuanian authorities at the Salčininku border crossing with Belarus confiscated two Tesla Cybertrucks. These vehicles, not yet released in Europe, were suspected of being smuggled...

Sam Altman Warns: AI's Economic Impact Greater Than Anticipated

During a recent panel at the Brookings Institute, Sam Altman, CEO of OpenAI, expressed deep concerns about the rapid socioeconomic changes driven by AI technologies. Altman highlighted the potential for significant job...

Shiba Inu Insider Drops Major Shiba Eternity Update; Community Anticipates Enhancements

Shiba Eternity: Lucies Tease Unveils Play-to-Earn Features and Breeding Mechanics The Shiba Inu community is buzzing with excitement following a recent announcement from a critical team member about Shiba Eternity, as...