Menu

Search

FxWirePro: AUD/CAD on track to test 200-DMA at 0.9662, stay long on dips

Nov 15, 2018 09:16 am UTC| Technicals Research & Analysis

AUD/CAD chart on Trading View used for analysis AUD/CAD edges lower from session, trades at 0.9623 after hitting session highs at 0.9648. The pair supported higher after stellar Australia jobs data released...

FxWirePro: GBP/USD shows wild swing on continuous Brexit news, good to buy on dips

Nov 15, 2018 08:47 am UTC| Technicals

GBP/USD is trading highly volatile with positive bias. The pair hits high of 1.30717 yesterday and shown a decline of more than 180 pips.The pair hits low of 1.28820 and is currently trading around 1.29883.The PM Theresa...

FxWirePro: South African rand rises gradually against U.S. dollar, good to sell on rallies

Nov 15, 2018 08:01 am UTC| Technicals

USD/ZAR is currently trading around 14.24 levels. It made intraday high at 14.39 and low at 14.20 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.40 mark. A daily close...

FxWirePro: GBP/JPY shows see-saw movement on Brexit deal hope, good to buy on dips

Nov 15, 2018 07:34 am UTC| Technicals

GBP/JPY was trading highly volatile yesterday on Brexit headlines kept coming. GBPUSD has shown 150 pips movement both on higher and lower side. GBP recovered sharply after hitting low of 146.32 level. The cabinet has...

Retail giant 'Target' becomes targeted victim of Bitcoin scam - Bitcoin price tumbles more than 11%

Nov 15, 2018 07:25 am UTC| Research & Analysis Digital Currency Insights & Views Technicals

With Bitcoin scammers on Twitter seem to have worsened the situation, Bitcoin price hits a fresh 1-year lows after tumbling below $5,780 levels. Bearish streaks continued today with more than 11% slumps. The intensity of...

FxWirePro: Chinese yaun rises on the back of higher than expected house price data

Nov 15, 2018 06:53 am UTC| Technicals

USD/CNY is currently trading around 6.9342 marks. It made intraday high at 6.9504 and low at 6.9338 levels. Intraday bias remains bearish for the moment. A sustained close above 6.9499 marks will test key...

FxWirePro: Gold trades well above $1200 on weak dollar and global stock market selling, good to buy on dips

Nov 15, 2018 06:15 am UTC| Technicals

Gold recovered till $1216 almost $20 from low of $1196 on account slight weakness in USD and sell-off in equity market. The major three factors that drive gold prices US dollar Index: weak for intraday.DXYhas...

  4641 4642 4643 4644 4645 4646 4647 4648 4649 4650   

Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

The Japanese yen extended its rally against the U.S. dollar on Monday, climbing nearly 1% as investors increased bets that Japanese authorities could launch another coordinated currency intervention with the United States...

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

The U.S. Justice Department has rescinded an order establishing the controversial Anti-Weaponization Fund just days before the Senate Judiciary Committee is set to consider Todd Blanches nomination for attorney general, a...

Former House Appropriations Chair Kay Granger Dies at 83

Former U.S. Representative Kay Granger, a longtime Texas Republican and the first Republican woman to chair the powerful House Appropriations Committee, has died at the age of 83, according to confirmation from her son,...

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.