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Thu, May 09, 2024 03:53 PM All times are UTC

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FxWirePro: Gold trades lower on rising US bond yield, good to sell on rallies

Nov 13, 2017 09:09 am UTC| Technicals

Gold declined after hitting 3- week high on rising US 10 year bond yields. The yellow metal has dipped till $1273 and is currently trading around $1277. The sharp rise in 10 year bond yield happened after Philadelphia...

FxWirePro: NZD/JPY bulls exhausted exactly at sloping channel resistance, major trend restrained below 7&21-EMAs – Bid Tunnel spreads to trade

Nov 13, 2017 08:31 am UTC| Technicals Insights & Views

The upswings of this pair are restrained below stiff channel resistance at 79.460 levels, thats where shooting star has occurred at 79.351 levels in the past. Last week, the bullish engulfing pattern has occurred at...

FxWirePro: XAG/USD hovers around key support at $16.87 mark, good to sell on rallies

Nov 13, 2017 08:08 am UTC| Technicals

XAG/USD is currently trading around $16.88 marks. It made intraday high at $16.92 and low at $16.81 levels. Intraday bias remains neutral for the moment. A daily close above $16.87 will test key resistances...

FxWirePro: South African rand trades marginally lower against U.S. dollar, good to buy on dips

Nov 13, 2017 07:30 am UTC| Technicals

USD/ZAR is currently trading around 14.35 levels. It made intraday high at 14.43 and low at 14.29 levels. Intraday bias remains bullish for the moment. A daily close above 14.34 will take the parity...

FxWirePro: USD/INR his fresh 5-week high at 65.53 mark, stay bullish

Nov 13, 2017 06:37 am UTC| Technicals

USD/INR is currently trading around 65.53 marks. It made intraday high at 65.54 and low at 65.37 marks. Intraday bias remains bullish for the moment. Key resistances are seen at 65.72, 65.85, 65.98, 66.20,...

FxWirePro: EUR/NZD bounces off major trendline support, good to go long on close above 20-DMA at 1.6830

Nov 13, 2017 06:22 am UTC| Technicals

EUR/NZD has bounced off major trendline support at 1.6620, is currently hovering round 20-DMA at 1.6830. EUR/NZD is extending upside for 3rd successive day, intraday bias remains neutral. Breakout above 20-DMA at...

FxWirePro: Chinese yuan falls gradually against U.S. dollar, PBOC sets yuan mid-point at 6.6347

Nov 13, 2017 05:36 am UTC| Technicals

USD/CNY is currently trading around 6.6460 marks. It made intraday high at 6.6510 and low at 6.6398 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.6398 marks will...

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Economy

Some experts say the US economy is on the up, but here’s why voters don’t think so

Many Americans are gloomy about the economy, despite some data saying it is improving. The Economist even took this discussion to TikTok. When its US editor John Prideaux examined inflation, wage and employment numbers,...

Electric air taxis are on the way – quiet eVTOLs may be flying passengers as early as 2025

Imagine a future with nearly silent air taxis flying above traffic jams and navigating between skyscrapers and suburban droneports. Transportation arrives at the touch of your smartphone and with minimal environmental...

Electricity from farm waste: how biogas could help Malawians with no power

In sub-Saharan Africa, over 600 million people (more than 50% of the population) are without access to electricity. Malawi has one of the worlds lowest electricity access rates just 14.1% of the total population have...

High interest rates aren’t going away anytime soon – a business economist explains why

The Federal Reserve held interest rates steady at its May 1, 2024, policy meeting, dashing the hopes of potential homebuyers and others who were hoping for a cut. Not only will rates remain at their current level a...

US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed

If you needed long-term care, could you afford it? For many Americans, especially those with a middle-class income and little savings, the answer to that question is absolutely not. Nursing homes charge somewhere...

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...

What the Supreme Court is doing right in considering Trump’s immunity case

Following the nearly three-hour oral argument about presidential immunity in the Supreme Court on April 25, 2024, many commentators were aghast. The general theme, among legal and political experts alike, was a...

US Urges China, Russia to Reject AI Control in Nuclear Arms, Align with Global Norms

Paul Dean, a senior U.S. arms control official, emphasized the critical need for China and Russia to join the U.S. in declaring that humans will always decide on the deployment of nuclear weapons, not artificial...

US election: why it’s not the protesters’ votes that the Democrats should worry about

As hundreds of New York police officers in riot gear were called in to clear away a student protest at Columbia University on Tuesday night, the university president Nemat Shafik was saying she had no choice but to take...

Trump-proofing Nato: why Europe’s current nuclear deterrents may not be enough to face biggest threats since WWII

Though a second Trump presidency is not a foregone conclusion, Nato members are gearing up to Trump-proof the organisation and reviewing their defence strategies. Natos concerns about Trumps re-election were heightened...

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

Elon Musk Teases Revolutionary Full Self-Driving V12.4, Cybertruck to Wait

Tesla CEO Elon Musk hints at the possible release of Full Self-Driving (FSD) V12.4 next week, with significant upgrades anticipated for Tesla drivers, excluding the Cybertruck for now. Elon Musk Teases Tesla FSD V12.4...

Whale Buys 357 Billion PEPE, Fueling Expectations of Continued Growth

In a bold move signaling strong market confidence, a crypto whale has snapped up 357 billion PEPE on Binance, propelling PEPEs price higher. This considerable acquisition coincides with the tokens recent 3% uptick and a...

South Korean Store Launches Bitcoin Meal Boxes in Novel Bithumb Partnership

In a groundbreaking collaboration, South Koreas Emart24 convenience store chain has partnered with the cryptocurrency exchange Bithumb to roll out Bitcoin-themed meal boxes. Starting May 9, around 30,000 boxes will be...

Trump Courts Crypto Enthusiasts, Promises Regulatory Freedom

In a marked shift, Donald Trump, the Republican presidential hopeful, has vowed to roll back U.S. regulations on cryptocurrencies, seeking to attract crypto supporters by accepting digital asset donations and criticizing...

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)...