Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technicals

Mon, Jun 17, 2024 10:26 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Singapore dollar rises noticeably against U.S. dollar, stay bearish

Dec 21, 2018 02:48 am UTC| Technicals

USD/SGD is currently trading around 1.3688 marks. It made intraday high at 1.3710 and low at 1.3687 levels. Intraday bias remains bearish for the moment. A daily close above 1.3710 will test key resistances...

FxWirePro: USD/THB hits fresh 2-month low at 32.59 mark, Thailand’s trade balance data in focus

Dec 21, 2018 02:10 am UTC| Technicals

USD/THB is currently trading around 32.61 marks. It made intraday high at 32.67 and low at 32.59 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 32.90 mark. On the top...

FxWirePro: South Korean won depreciates as PPI data misses expectations

Dec 21, 2018 01:33 am UTC| Technicals

EUR/KRW is currently trading around 1,286 mark. It made intraday high at 1,287 and low at 1,284 levels. Intraday bias remains bullish till the time pair holds key support at 1,276 mark. A sustained close...

FxWirePro: Japanese yen trades marginally higher in early Asia after CPI, core CPI data

Dec 21, 2018 01:09 am UTC| Technicals

USD/JPY is currently trading around 111.24 marks. It made intraday high at 111.29 and low at 111.08 levels. Intraday bias remains slightly bearish for the moment. A daily close above 111.27 will take the...

FxWirePro: GBPUSD recovers sharply after UK retail sales data,dovish BOE to drag Cable further down

Dec 20, 2018 13:06 pm UTC| Technicals

GBPUSD has recovered sharply more than 100 pips from intraday low of 1.26080 after upbeat UK retail sales data. UK retail sales data came 1.4% higher than forecast of 0.3%.BOE has kept its interest rates unchanged and said...

FxWirePro:S&P500 forms bullish pattern,good to buy on dips

Dec 20, 2018 12:25 pm UTC| Technicals

Pattern formed- Bullish AB=CD pattern SP 500 has halted 2 weeks of weakness and shown a minor recovery .The index hits low of 2478 and recovered more than 1.5%.The decline was mainly after Fed cuts growth forecast...

FxWirePro: AUD/CHF extends weakness below daily cloud, on track to test 78.6% Fib at 0.6982

Dec 20, 2018 11:52 am UTC| Technicals Research & Analysis

AUD/CHF chart on Trading View used for analysis AUD/CHF extends weakness below daily cloud, bias bearish. The pair is trading 0.20% lower on the day at 0.7055 at the time of writing. Price has broken below...

3071 3072 3073 3074 3075 3076 3077 3078 3079 3080

Economy

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Sierra Leone’s bushmeat markets pose serious health hazards – we studied two for six months to find solutions

You are walking through the bustling centre of Bo, Sierra Leones third largest city. Following the crowd, you turn off the main road onto a narrower thoroughfare and find yourself in an open-air market. Shelters...

Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand

Heathrow Airport in the UK currently uses more energy than the entire west African country of Sierra Leone. Despite Africa accounting for less than 4% of all global greenhouse gas emissions, many of its countries face...

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation

What is it with the Coalition and wages? When, in the final days of the 2022 election campaign, the then opposition leader Anthony Albanese backed an increase in award wages to keep pace with inflation, his opposite...

Net zero is not just good science – it’s also a good deal for ordinary people

As the UK moves into a general election, a misinformed debate over the countrys climate transition and legally binding net zero targets risks further dividing people. Much of this debate in the UK focuses on the cost of...

Politics

Trump's 'Huge Fan' Status of Tesla Cybertruck Fuels Growing Alliance with Elon Musk

Elon Musk, during Teslas shareholder meeting, disclosed his growing alliance with Donald Trump, emphasizing Trumps admiration for the Cybertruck. CEO Elon Musk spoke about his relationship with former President Trump...

Unmarred by Russian spying scandal, Austria’s far-right expected to cruise to victory in European elections

For the Freedom Party of Austria (FP), the weeks are going by like clockwork. The far-right party continues to top the polls. It is expected to clinch a comfortable victory in the European elections on 9 June with almost...

Indian election: Narendra Modi hasn’t delivered the expected landslide – where the BJP may have gone wrong

Narendra Modi may have led his Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to a historic third term, but the landslide victory that many had expected failed to materialise. With half of the 640...

Iran: president’s death has set hardliners jostling for position to replace ageing supreme leader

The death of Irans president, Ebrahim Raisi, in a helicopter crash in May plunged Iran into political uncertainly. Raisis death has set off an intense power struggle within the Islamic Republic. Irans consitution...

Modi’s narrow win suggests Indian voters saw through religious rhetoric, opting instead to curtail his political power

Indias ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the countrys six-week general election the largest display of democracy, by far, in a year of voting around the world. But with results...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Crypto Tax Evaders in Malaysia See Clampdown, Get Warning From Authorities

Authorities in Malaysia are reportedly increasing their scrutiny of cryptocurrency tax evaders. It has been claimed that officers from the Malaysian federal agency Inland Revenue Board (IRB) conducted raids at numerous...

Ethereum (ETH) to Hit $5,000 After Major Move, Says Top Analyst

In a daring prediction that has captivated the attention of the cryptocurrency world, noted analyst Jelle has predicted that Ethereum (ETH) will achieve an all-time high of $5,000 by the end of the year. This prediction...

SHIB Sees Major Metric Drop as Price Dips Below Crucial $0.00002 Threshold

Shiba Inus burn rate has plummeted by over 62% as the SHIB price falls below the critical $0.00002 level, raising concerns among investors. Shiba Inu Burn Rate Plummets Amid Price Decline Below $0.00002 A significant...

Nintendo Switch 2 Could Get Final Fantasy XIV; Xenogears HD-2D Fan Remake Impresses in New Video

Final Fantasy XIV may eventually arrive on the Nintendo Switch 2, but the release could take years. Meanwhile, a stunning Xenogears HD-2D fan remake in Unreal Engine 5 has captivated fans. Final Fantasy XIV Producer...

SpaceX Announces Starlink Mini Dish Rollout, Offers 50% Discount on US Starlink Dish

SpaceX plans to roll out the Starlink mini dish in the coming months, providing a more affordable option for users. Additionally, the company is offering a 50% discount on its Starlink dishes in the US. Elon Musk...