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FxWirePro: USDCHF Daily outlook

Jul 22, 2020 10:25 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.93556 Kijun-Sen- 0.93904 USDCHF continues to trade weak and hits 4 months low on broad-based US dollar selling. The COVID-19 vaccine optimism has...

FxWirePro: EURUSD trades above 1.1500 level, jump till 1.1620 possible

Jul 22, 2020 09:53 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.1485 Kijun-Sen- 1.14589 EURUSD continues to trade higher and hits 18 months high on broad-based US dollar selling and EU fund. The European leaders have...

FxWirePro: EUR/JPY hits fresh 6-week high, single currency buoyed on EU summit outcome

Jul 22, 2020 06:19 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY has taken out fresh highs as the single currency remains bid on EU summit outcome. The compromise struck by the EU leaders on the EU recovery plan seems to have buoyed positive...

FxWirePro: Gold Daily Outlook

Jul 22, 2020 05:47 am UTC| Technicals

Chart pattern- Bearish Divergence Ichimoku Analysis ( Daily Chart) Tenken-Sen- $1813 Kijun-Sen- $1807.88 Gold is trading higher and hits 9-year high around $1865 on a weak dollar. US dollar index...

FxWirePro: AUD/JPY extends winning streak to hit 6-week high at 76.32, outlook bullish

Jul 22, 2020 04:34 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY is extending its 4-day winning streak, hits 6-week high above 76 mark. Outlook remains strongly bullish. The pair buoyed on improving risk-on, has largely ignored poor Australia...

FxWirePro: AUD/USD ignores poor Australian Retail Sales data, hovers around 15-month high above 0.71 handle amid risk-on

Jul 22, 2020 03:55 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD is consolidating previous sessions spike. The pair was trading mildly higher at 0.7136 at around 03:30 GMT. The antipodean has ignored downbeat Australian Retail Sales data and...

FxWirePro:EUR/AUD dips below lower range, bearish bias increases

Jul 21, 2020 17:42 pm UTC| Technicals

EUR/AUD declined on Tuesday as a landmark deal on European Union recovery fund and RBAs Lowe added to the AUDs shine RBA Governor Lowe said AUD/USD strength in line with fundamentals and ruled out negative interest...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Wendy’s Launches $3 Breakfast Deal as McDonald’s Tests Limited $5 Value Meal in June

Wendys will offer a $3 breakfast deal starting May 20, while McDonalds plans a $5 value meal for June, reflecting a strategic push to attract budget-conscious consumers amid high inflation. Wendys $3 Breakfast Deal...

Ethereum Trends Amid SEC ETH ETF Speculation and $341M Whale Purchases

Ethereum has become the top trending asset, driven by SEC ETH ETF speculation and massive whale purchases totaling $341 million in the past 24 hours. Ethereum Whales Boost Holdings by $341M as SEC ETH ETF Decision...

Analysts Suggest SEC May Reconsider Spot Ether ETF Denial Amid Market Speculation

Analysts James Seyffart and Eric Balchunas have increased the likelihood of the SEC approving a spot Ether ETF from 25% to 75%, citing new speculation about the regulators stance. ETF Analysts Increase SEC Spot Ether...

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...
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