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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Feb 07, 2026 02:59 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWireProEUR/USD faces strong resistance at 200 day MA, good to sell on rallies

Jun 24, 2016 06:43 am UTC| Technicals

Major support 1.0900 (161.8% retracement of 1.14155 and 1.0971). Major resistance 1.1100 (200 day MA) The pair has broken major support 1.1000 and declined till 1.09119 after Britain vote to leave EU. It...

FX Hedging Strategy Series

FxWirePro: Stay short in GBP/JPY intensified downtrend momentum – Stay firm with bearish hedging positions

Jun 24, 2016 06:24 am UTC| Technicals

Weve been consistently urging for hedging bearish risks of GBP against major pairs for long-term investors, but especially GBPUSD and GBPJPY pairs, rest everything is history by now. As George soras told once, being...

Gold trades well above 200 WMA , targets $1390

Jun 24, 2016 06:13 am UTC| Technicals

Major support- $1290 (61.8% retracement $1250 and $1358) Gold has broken $1315 (Jun16th high) and jumped till $1358. It is currently trading around $1320. The yellow metal has gained sharply on account of UK...

FxWirePro: South African rand falls to 15.59 per dollar, marks lowest since March 2016

Jun 24, 2016 05:36 am UTC| Technicals

USD/ZAR is currently trading around 15.52 levels. It made intraday high at 15.59 and low at 14.28 levels. Intraday bias remains bullish till the time pair holds key support at 15.12 marks. A daily close...

FxWirePro:Nikkei225 trades lower on Brexit, good to sell on rallies

Jun 24, 2016 05:34 am UTC| Technicals

Major support 15500 (200 W MA) Major resistance- 16250 (3 day EMA) Nikkei225 has broken major support 15500 after Britain votes for Brexit and declined till 14828. It is currently trading around 14888. Britain...

FxWirePro: USD/CNY hits fresh 5 –year high at 6.6091, 6.6377 in focus

Jun 24, 2016 05:12 am UTC| Technicals

USD/CNY is currently trading around 6.6091 marks. It made intraday high at 6.6122 and low at 6.5702 levels. Intraday bias remains bullish for the moment till the time pair holds key support at...

FxWirePro: USD/INR hits fresh 3 –month high at 68.22, faces strong resistance at 68.35

Jun 24, 2016 04:49 am UTC| Technicals

USD/INR is currently trading around 68.13 marks. It made intraday high at 68.22 and low at 67.22 marks. Intraday bias remains bullish till the time pair holds key support at 67.62 marks. Key resistances are...

6481 6482 6483 6484 6485 6486 6487 6488 6489 6490

Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Politics

TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans

President Donald Trump has launched a new prescription drug pricing website, TrumpRx.gov, aiming to showcase his administrations efforts to reduce drug costs in the United States. The website focuses heavily on negotiated...

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....