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Fri, Apr 19, 2024 01:18 PM All times are UTC

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FxWirePro: Speculate NZD/USD via tunnel spreads as swings to restrain at stiff resistance, major trend likely surge for another 150-200 pips

Jul 14, 2017 05:53 am UTC| Technicals Insights & Views

Chinas trade surplus fell to USD 42.77 billion in June of 2017 from USD 45.16 billion a year earlier while market expected a USD 42.44 billion surplusChina in the recent past managed to produce an upbeat CAIXIN...

FxWirePro: Gold trades lightly higher on dovish Yellen’s testimony, good to buy on dips

Jul 14, 2017 05:53 am UTC| Technicals

Gold recovered almost $21 from the low of $1204 after dovish Fed Chairman statement. The yellow metal jumped till $1225 and is currently trading around $1216. Fed chairman Janet Yellen said that central bank would...

FxWirePro: USD/INR trades in narrow range ahead of India’s inflation data

Jul 14, 2017 05:40 am UTC| Technicals

USD/INR is currently trading around 64.44 marks. It made intraday high at 64.45 and low at 64.41 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.47 marks. Key resistances...

FxWirePro: Taiwanese dollar marginally lower in early hours of Asia, bias remains neutral

Jul 14, 2017 03:59 am UTC| Technicals

USD/TWD is currently trading around 30.38 marks. It made intraday high at 30.41 and low at 30.26 marks. Intraday bias remains neutral till the time pair holds key resistance at 30.48 marks. A daily close...

FxWirePro: USD/THB breaks key support at 33.93 mark, stay bearish

Jul 14, 2017 02:59 am UTC| Technicals

USD/THB is currently trading around 33.91 marks. It made intraday high at 33.94 and low at 33.90 marks. Intraday bias remains bearish till the time pair holds key resistance at 33.99 mark. On the top side,...

FxWirePro: Singapore dollar falls on the back of lower than expected GDP data

Jul 14, 2017 02:37 am UTC| Technicals

USD/SGD is currently trading around 1.3767 marks. It made intraday high at 1.3768 and low at 1.3735 levels. Intraday bias remains slightly bullish for the moment. A daily close above 1.3740 will test key...

FxWirePro: EUR/KRW hovers around key support at 1,295 mark, consistent close below targets 1,265

Jul 14, 2017 01:58 am UTC| Technicals

EUR/KRW is currently trading around 1,295 mark. Pair made intraday high at 1,295 and low at 1,293 levels. Intraday bias remains neutral for the moment. A sustained close above 1,295 will take the parity...

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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

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

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

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

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...

Technology

Polestar to Launch Polestar 4 Pure EV in South Korea

Polestar, a Swedish automotive manufacturer owned by Volvo Cars, is set to bring its all-electric Sports Utility Vehicle to South Korea. The company specializing in EV production will release its Polestar 4 electric...

Canada Set to Enforce OECD Crypto Tax Standards by 2026

Canada has announced plans to adopt the OECDs Crypto-Asset Reporting Framework (CARF) by 2026, aligning with global efforts to standardize cryptocurrency taxation. The move aims to enhance transparency and regulatory...

Elon Musk Reveals Cybertruck Accelerator Fix; New Software Bug Exposed in Car Wash Mishap

Elon Musk has addressed the Tesla Cybertrucks accelerator problem in a recent flurry of issues. At the same time, another owner reports a significant software glitch following a routine car wash, causing a five-hour system...

Samsung's Exynos 2500 Rumored to Eclipse Snapdragon 8 Gen 4 in Power Efficiency With 3nm SoC

Samsung is reportedly preparing to equip the Galaxy S25 series with the Exynos 2500, a chipset that utilizes 3nm technology and may perform better than Qualcomms Snapdragon 8 Gen 4. For the next Galaxy S25 series,...

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...