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FxWirePro: Singapore dollar trades almost flat in early Asia, bias remains neutral

Nov 21, 2017 03:18 am UTC| Technicals

USD/SGD is currently trading around 1.3566 marks. It made intraday high at 1.3579 and low at 1.3565 levels. Intraday bias remains neutral for the moment. A daily close above 1.3602 will test key resistances...

FxWirePro: USD/THB fails to break key support at 32.76 mark, short term trend reversal likely

Nov 21, 2017 02:33 am UTC| Technicals

USD/THB is currently trading around 32.84 marks. It made intraday high at 32.86 and low at 32.81 marks. Intraday bias remains bullish till the time pair holds immediate support at 32.76 mark. A daily close...

FxWirePro: EUR/KRW trades in narrow range, stay bearish only below 1,284

Nov 21, 2017 01:52 am UTC| Technicals

EUR/KRW is currently trading around 1,288 mark. Pair made intraday high at 1,288 and low at 1,284 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,284 mark. A...

FxWirePro: Aussie trades marginally lower after RBA’s monetary policy meeting minutes

Nov 21, 2017 01:12 am UTC| Technicals

AUD/NZD is currently trading around 1.1076 marks. Pair made intraday high at 1.1093 and low at 1.1067 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 1.1086 mark. A...

FxWirePro: AUD/CHF breaks below 200-DMA, good to go short on rallies

Nov 20, 2017 11:38 am UTC| Technicals

FxWirePros Hourly Currency Strength Index for AUD/CHF at 1100 GMT: Bearish FxWirePros Hourly AUD Spot Index was at -136.905: (Bearish) FxWirePros Hourly CHF Spot Index was at 70.1375: (Bullish) Technical Analysis:...

FxWirePro: GBP/AUD Trade Idea

Nov 20, 2017 10:52 am UTC| Technicals

FxWirePros Hourly Currency Strength Index for GBP/AUD at 1000 GMT: Bullish FxWirePros Hourly GBP Spot Index was at 165.454: (Bullish) FxWirePros Hourly AUD Spot Index was at -109.093: (Bearish) Technical Analysis:...

FxWirePro: GBP/USD extends 'Symmetric Triangle' breakout, good to go long on decisive break above 50-DMA at 1.3257

Nov 20, 2017 09:27 am UTC| Technicals

Cable extends upside for 5th consecutive session, extends gains after break out at Triangle top. Upside is testing 50-DMA resistance at 1.3275, decisive break above could see further upside. Technical studies are...

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Economy

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...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

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...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

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

Barça Negotiates New Nike Deal, Plans Loan Amid Financial Uncertainty

FC Barcelona is negotiating a new sponsorship deal with Nike while planning a 100 million loan to address financial challenges. The club seeks alternative funding after the anticipated investment from Libero fell through,...

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

New registration data reveals that the Tesla Cybertruck ranked second to the Ford F-150 Lightning in March. Meanwhile, Teslas Q1 sales missed Wall Street expectations, marking the first year-over-year quarterly decline...

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

Bitcoin developers suggest enabling programmability on the blockchain could be the key trigger for the next bull run, following the SECs approval of spot Bitcoin ETF trading and the BTC halving. Developers Eye...

Top 3 Altcoins to Watch This Week: SOL, FTM, and LINK Set for Growth

This week, market experts spotlight Solana (SOL), Fantom (FTM), and Chainlink (LINK) as top altcoins to watch, highlighting their unique strengths and recent performance amid unusual market patterns. Solana Overcomes...

Ripple Warns: Math Prof Predicts Quantum Threat to Blockchain, Urges Crypto Key Overhaul

Ripple recently highlighted a warning from Professor Massimiliano Sala, urging the crypto industry to replace current public-key cryptosystems due to vulnerabilities exposed by advancing quantum technology. Professor...