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

Become a contributor

Bookmark Econotimes

Technicals

Tue, May 21, 2024 05:18 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EUR/USD traders expect a long wait for NFPs

Feb 26, 2015 09:09 am UTC| Technicals

Euro zone M3 higher, private loans still negative Mixed news and no reaction EUR/USD Few notable option expires today, EUR 440mln at 1.1300 1.1385 200-HMA 1.1367 100-HMA 1.1350 define bulk early EU...

AUD/USD closes in on 0.7900

Feb 26, 2015 08:58 am UTC| Technicals

Pair could retest Weds 0.7903 high as prices boost from 0.7836 Day charts are overbought Failure to sustain gains above broken 0.7882 fibo, also kijun-sen, favors shorts Gap between the market and the...

EUR/GBP weighed by BoE vs ECB outlooks

Feb 26, 2015 08:49 am UTC| Technicals

Contradicting BoEECB monetary policy outlooksweigh on EUR/GBP 0.7305 =new 7year+ low for cross (0.7309 = Asia low; 0.7314 = Weds low) Bids tippedat 0.73 (0.7299 = 1.37 in GBP/EUR). Offers seen at...

EUR/JPY sees marginal upside bias

Feb 26, 2015 08:46 am UTC| Technicals

Short-term risk is on the upside Traders look to get long ahead of 134.58 - Weds low Tenkan kijun lines are aligned positively Long tail on last Fris candlestick line has strengthened the...

Real money struck USD/JPY bid

Feb 26, 2015 08:44 am UTC| Technicals

Real money sellers seen behind 20 tick USD/JPY fall from around 119.00 USD/JPY downside may be capped more than US yields note Japanese bids 118.70-20. Japanese investor buy bonds for 4th straight week...

GBP/USD making way for 100DMA test

Feb 26, 2015 08:42 am UTC| Technicals

Cable madenew 8week peak of 1.5554 in Asia after vaulting 1.5538 (Weds top) Risk of earlier than likely BoErate hike = key source of support for GBP 100DMAat 1.5568, with 1.5588 1.5621 amongresistance...

CMC Markets EUR/USD Outlook

Feb 26, 2015 08:36 am UTC| Technicals

The euro broad range remains intact and continues to find support above $1.1270, with the larger key support at the $1.1205 level. Resistance remains near the $1.1450 level, with resistance behind that at...

6471 6472 6473 6474 6475 6476 6477 6478 6479 6480

Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

Shibarium BONE Token Set for Potential Binance Listing, Price Up by 5%

Binances recent request for project proposals has ignited the Shiba Inu community, fueling a 5% surge in BONE token price amid speculation of a potential listing. Binances New Strategy Supports Small-to-Medium...

Wendy’s Launches $3 Breakfast Deal as McDonald’s Tests Limited $5 Value Meal in June

Wendys will offer a $3 breakfast deal starting May 20, while McDonalds plans a $5 value meal for June, reflecting a strategic push to attract budget-conscious consumers amid high inflation. Wendys $3 Breakfast Deal...

Ethereum Trends Amid SEC ETH ETF Speculation and $341M Whale Purchases

Ethereum has become the top trending asset, driven by SEC ETH ETF speculation and massive whale purchases totaling $341 million in the past 24 hours. Ethereum Whales Boost Holdings by $341M as SEC ETH ETF Decision...

Analysts Suggest SEC May Reconsider Spot Ether ETF Denial Amid Market Speculation

Analysts James Seyffart and Eric Balchunas have increased the likelihood of the SEC approving a spot Ether ETF from 25% to 75%, citing new speculation about the regulators stance. ETF Analysts Increase SEC Spot Ether...

OpenAI Suspends ChatGPT Sky Voice Following Scarlett Johansson 'Her' Comparisons

OpenAI has decided to suspend its ChatGPT Sky voice after multiple users noted its resemblance to Scarlett Johanssons voice in the 2013 film Her. OpenAI Addresses Voice Similarity Concerns OpenAI says it will pause...