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FxWirePro: Back-to-back bearish patterns in GBP/JPY interim trend, major downtrend remains intact – Snap deceptive rallies to deploy short hedge

Feb 07, 2019 06:30 am UTC| Technicals

Last monthsGBPJPYupswings now seem to have been absolutely halted (the January months rallies show up to 2.10%), the current trend is going back again under the control of bears business upon the streaks of bearish...

FxWirePro: Silver remains well supported above $15.60 mark, stay bullish only above $15.67 mark

Feb 07, 2019 06:27 am UTC| Technicals

XAG/USD is currently trading around $15.65 marks. It made intraday high at $15.66 and low at $15.62 levels. Intraday bias remains bullish till the time pair holds key support at $15.62 mark. A daily close...

FxWirePro:Nikkei trades lower on weak corporate earnings,good to buy on dips

Feb 07, 2019 05:52 am UTC| Technicals

Asian marketsare trading higher especially Nikkei is trading slightly weak 0.5% lower.The index is trading lower amid better thane expected results from Softbank group and shares jumped more than 17% on account of buy back...

FxWirePro: USD/INR trades in narrow range, RBI’s repo rate decision in focus

Feb 07, 2019 05:29 am UTC| Technicals

USD/INR is currently trading around 71.57 marks. It made intraday high at 71.75 and low at 71.56 marks. Intraday bias remains neutral till the time pair holds key resistance at 71.80 mark. Key resistances...

FxWirePro: USD/THB moves in stiff boundaries, consistent close below 31.21 requires for downside rally

Feb 07, 2019 03:29 am UTC| Technicals

USD/THB is currently trading around 31.28 marks. It made intraday high at 31.29 and low at 31.23 marks. Intraday bias remains neutral till the time pair holds key support at 31.21 mark. On the top side, key...

FxWirePro: USD/SGD hits fresh 2-week high at 1.3564 mark, stay bullish

Feb 07, 2019 02:28 am UTC| Technicals

USD/SGD is currently trading around 1.3562 marks. It made intraday high at 1.3564 and low at 1.3553 levels. Intraday bias remains bullish till the time pair holds key support at 1.3500 mark. A daily close...

FxWirePro: EUR/KRW moves directionless since four months, futher sideways movement likely

Feb 07, 2019 01:56 am UTC| Technicals

EUR/KRW is currently trading around 1,275 mark. It made intraday high at 1,275 and low at 1,273 levels. Intraday bias remains neutral till the time pair holds key support at 1,268 mark. A sustained close...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

How do airplanes fly? An aerospace engineer explains the physics of flight

Airplane flight is one of the most significant technological achievements of the 20th century. The invention of the airplane allows people to travel from one side of the planet to the other in less than a day, compared...

The mystery of consciousness shows there may be a limit to what science alone can achieve

The progress of science in the last 400 years is mind-blowing. Who would have thought wed be able to trace the history of our universe to its origins 14 billion years ago? Science has increased the length and the quality...

Technology

Shibarium Soars 160% as Key Metric Rebounds, Signaling Recovery

Shibarium, Shiba Inus blockchain solution, has surged by an impressive 160% in just 24 hours, marking a notable recovery in vital metrics. This surge follows a recent decline in transaction volume, indicating a swift...

Robotic Baristas Serve Coffee and Crypto at Dubai's Token2049 Event

Visitors experienced the future firsthand as blockchain-powered robots served coffee and offered cryptocurrency rewards at Token2049, showcasing a new level of automation and digital incentives. Blockchain-Powered...

Shiba Inu Team Member Sounds Alarm, Calls for Immediate Action Against Scams

A Shiba Inu team member, Lucie, has issued an urgent warning to the SHIB community about increasing scam activities within the crypto space, urging investors to stay vigilant and cautious. Shiba Inu Team Alerts...

MEW Coin Eyes Recovery with New Bybit Listing, Sparks Investor Interest

Bybit, a leading global crypto exchange, has announced the upcoming listing of the Solana-based meme coin MEW, sparking investors hopes for a potential price recovery. Bybit Announces MEW Token Listing, Igniting Hope...
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