India Business News: NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday said there is a need for a quick consensus at the World Trade Organization (WTO) o.
Australian Dollar Forecast: Aussie Bulls Haltedâ Range Break Imminent
2021-05-13 17:30:00
Michael Boutros,
Strategist
Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels
Australian Dollar technical trade level update - Weekly Chart
AUD/USD reverses sharply off technical resistance – range breakout imminent
Aussie key support into 7563– key resistance steady at 7836
Advertisement
The Australian Dollar plummeted more than 1.4% against the US Dollar since the start of the week with AUD/USD reversing off technical resistance at the yearly high-close. The pullback puts into focus a critical range of influence and we’re looking for a breakout in the days ahead to offer guidance with the long-side vulnerable below this week’s high. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the year. Review my latest Weekly Strategy Webinar for an in-depth breakdown of this Aussie tec
BW Businessworld
Waiting For Members Start Negotiations On TRIPS Waiver, Tech Transfer: WTO Chief
India and South Africa submitted a proposal suggesting a waiver for all WTO members on the implementation of certain provisions of the TRIPS agreement in relation to the prevention, containment or treatment of COVID-19.
Photo Credit :
The WTO is waiting for member countries to sit across the table and negotiate an outcome on the issues of technology transfer and the proposal of India and South Africa for temporary waiver of certain provisions from TRIPS agreement to deal with the COVID-19 pandemic, its chief Ngozi Okonjo-Iweala said on Wednesday.
Oil prices surged more than 16% off the March low with WTI now threatening a major breakout at the May highs. These are the levels that matter on the technical charts.
The WTO is waiting for member countries to sit across the table and negotiate an outcome on the issues of technology transfer and the proposal of India and South Africa for temporary waiver of certain provisions from TRIPS agreement to deal with the COVID-19 pandemic, its chief Ngozi Okonjo-Iweala said on Wednesday. The director-general of the World Trade Organization (WTO) said the pronouncement by the US about the waiver and also by New Zealand and the willingness of European Union (EU) to come to the table, gives a fillip to the effort to try to bring countries to table and talk.