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FxWirePro: Taiwanese dollar rises in early Asia, downside limited

Aug 21, 2018 04:06 am UTC| Technicals

USD/TWD is currently trading around 30.68 marks. It made intraday high at 30.77 and low at 30.68 marks. Intraday bias remains slightly bearish for the moment. A daily close above 30.77 will drag the parity...

FxWirePro: USD/JPY pauses downside at 200-DMA, good to go short on break below

Aug 21, 2018 03:42 am UTC| Technicals

Refer USD/JPY chart on Trading View USD/JPY has hit 4-week lows at 109.77, before retracing brief dip below 200-DMA, retakes 110 handle. Markets perceiving the possibility of the Fed slowing down the pace of...

FxWirePro: Singapore dollar rises gradually against U.S. dollar, stay bearish

Aug 21, 2018 03:03 am UTC| Technicals

USD/SGD is currently trading around 1.3671 marks. It made intraday high at 1.3693 and low at 1.3669 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.3692 mark. A...

FxWirePro: USD/THB hits fresh 2-month low at 32.72 mark, Thailand’s trade balance data in focus

Aug 21, 2018 02:24 am UTC| Technicals

USD/THB is currently trading around 32.73 marks. It made intraday high at 32.95 and low at 32.72 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.02 mark. On the top side,...

FxWirePro: Aussie remains almost unchanged against major peers after RBA’s monetary policy meeting minutes

Aug 21, 2018 01:57 am UTC| Technicals

AUD/NZD is currently trading around 1.1053 marks. Pair made intraday high at 1.1056 and low at 1.1037 marks. Intraday bias remains slightly bullish till the time pair holds key support at 1.0987 mark. A...

FxWirePro: EUR/KRW hovers around key resistance at 1,287 mark, consistent close above targets 1,302 mark

Aug 21, 2018 01:12 am UTC| Technicals

EUR/KRW is currently trading around 1,286 mark. Pair made intraday high at 1,287 and low at 1,282 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,287 mark. A sustained...

FxWirePro: EUR/USD faces strong resistance at 10- day MA, good to buy on dips

Aug 20, 2018 13:27 pm UTC| Technicals

Major support - 1.1300 EURUSD has recovered almost 150 pips from the low of 1.1300 on account of short covering and hopes of US-China trade talks. Markets eye Italy budget consolidating after hitting low of 1.13011. The...

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Economy

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...

Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

Australias inflation rate has fallen for the fifth successive quarter, and its now less than half of what it was back in late 2022. The annual rate peaked at 7.8% in the December quarter of 2022 and is now just 3.6%, in...

Politics

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...

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...

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

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...

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,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Technology

PEPE Price Surges 7% Amid 4 Trillion Pepe Coin Accumulation by Whale

A monumental 4 trillion Pepe coin accumulation by a crypto whale on May 3 has sparked a significant 7% surge in PEPEs price. This surge, observed amid bullish market sentiments, follows a week of price consolidation,...

Hyundai Motor Scales Up Hydrogen EV Truck Business in the US

Hyundai Motor Company is expanding its hydrogen EV truck operations in the United States to take the lead in this line of business in the region. As part of the initiative, South Korean vehicle manufacturers are offering...

Kakao Enhances AI Focus, Merges Kakao Brain Into Core Operations

South Koreas Kakao Corporation finally decided to absorb Kakao Brains AI unit. The tech and internet giant is taking over its AI research and development (RD) business, which will include all of the departments staff and...

Shiba Inu (SHIB) Team Insider Unravels Key Burn Mystery: Exclusive Details

In a revealing discussion, Lucie, a member of the Shiba Inu team, sheds light on the enigmatic key burns orchestrated by the projects founder, Ryoshi. Lucies insights, shared in response to community inquiries, clarify...
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