• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: Iran announced a new round of attacks on US and Israeli bases.Market news: Ukrainian President Zelensky has arrived in France and will meet with Macron.On March 13th, according to Qichacha APP, Guangzhou Xiaopeng Motors Technology Co., Ltd. recently applied for and published a patent for "Method, Device, Equipment and Storage Medium for Gait Adjustment of Robots". The patent abstract shows that this invention relates to the field of intelligent robots, disclosing a method, device, equipment and storage medium for gait adjustment of robots. The method includes: acquiring target sampling points on the feet of a humanoid robot, as well as the coordinate values and terrain elevation data corresponding to each target sampling point; calculating the landing point report value of the humanoid robot based on the coordinate values and terrain elevation data corresponding to each target sampling point; acquiring the maximum value of terrain elevation data within a preset radius for each target sampling point, and calculating the step-kicking report value of the humanoid robot based on the coordinate values and the maximum value of terrain elevation data; and adjusting the gait of the humanoid robot based on the landing point report value and the step-kicking report value. This invention, by acquiring the coordinates of target sampling points and terrain elevation data, and calculating two types of report values—landing point and step-kicking—guides the humanoid robot to make precise gait adjustments, improving the robots autonomous movement adaptability and stability in complex terrains such as stairs.On March 13th, Apple announced adjustments to its App Store commission policy in mainland China. What are the benefits of this reduction in the "Apple tax"? Liu Xingliang, Dean of the DCCI Internet Research Institute, stated that in the short term, Chinese Apple users will hardly feel the difference. Apple is reducing the commission it charges developers, not directly lowering prices for users. However, developers are paying 5% less in the "Apple tax," and if they are willing to share this reduction, some memberships, game top-ups, and digital content may become cheaper in the future. Furthermore, in the long run, its good for the ecosystem. Lower commissions help alleviate tensions between developers and Apple, encouraging more apps and services to operate on the iPhone.March 13th - UK GDP grew 0% month-on-month in January, below the 0.2% increase predicted by economists in a Reuters poll and also lower than the 0.1% increase in December. The UK economy failed to grow in January, giving it a weak start to the year, even before the global energy shock triggered by the Middle East wars. In the third and fourth quarters of last year, the UK economy grew by only 0.1% each year, with businesses and households still grappling with high interest rates, the impact of the US trade war, and uncertainty surrounding potential tax increases in the November budget. The surge in oil and gas prices this month poses further risks to the UK economy. Shortly before the outbreak of the war, the Bank of England had predicted 0.3% growth in the first quarter. David Myers, chief economist at the Office for Budget Responsibility, warned this week that if energy prices remain at current levels, inflation could remain around 3% by the end of the year, rather than decline.

Analysis of the NZD/USD Price indicates a continuation of gains towards 0.65

Daniel Rogers

Jan 18, 2023 15:02

 NZD:USD.png

 

The NZD/USD pair is oscillating within a narrow range near 0.6430 in the early Asian session. Despite the market's risk aversion, the New Zealand dollar has traded sideways after reclaiming the monthly high of 0.6437. In reaction to Tom Barkin's hawkish comments about the Richmond Federal Reserve (Fed) Bank, S&P500 futures are exhibiting greater losses, indicating investors' diminishing appetite for risk.

 

Following a V-shaped recovery, the US Dollar Index (DXY) has turned sideways at 102,000 and is expected to extend gains on a risk aversion theme. In addition, higher 10-year US Treasury yields would certainly provide safe-haven investments a new lease of life.

 

After one hour of consolidation, the NZD/USD pair has broken out of the Bullish Pennant chart pattern, indicating that the rising trend will continue. Participants typically initiate long positions during the consolidation period of a chart pattern, preferring to enter an auction once a bullish bias has been established.

 

Adding to the upward filters, the 20-period and 50-period Exponential Moving Averages (EMAs) have resumed their upward trend at 0.6415 and 0.6401, respectively.

 

Meanwhile, the Relative Strength Index (14) continues to struggle to enter the positive zone between 60.00 and 80.00. The occurrence of a similar event will produce bullish momentum.

 

For greater gains, the Kiwi asset must beat Tuesday's high of 0.6439, which will rocket it to December 15's high of 0.6470, then December 13's high of 0.6514.

 

Alternately, a breach below Monday's low of 0.6361 will weaken the New Zealand Dollar and push the Kiwi asset towards January 12's low of 0.6304. A breach below this level will expose the asset to more losses approaching the low of 0.6263 on December 28.