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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Aug 05, 2026 05:23 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: GBP/USD Trade idea

May 22, 2018 11:48 am UTC| Technicals

GBPUSD has shown a minor jump of almost 100 pips in Asian session and declined after UK inflation report and BOE Carney dovish stance. The pair declined more than 900 pips from the high of 1.43767 level. The pair hits low...

FxWirePro: EUR/USD upside capped by 10- day MA, good to sell on rallies

May 22, 2018 11:38 am UTC| Technicals

EUR/USD jumped more than 100 pips from the low of 1.17166 and hits intraday high of 1.18297. US dollar has been slightly weak as overall market sentiment has been improved. China is going to lower import tariff on...

FxWirePro: AUD/USD Trade Idea

May 22, 2018 11:13 am UTC| Technicals

FxWirePro Currency Strength Index for AUD/USD: Bias Bullish FxWirePros Hourly AUD Spot Index was at 98.3146 (Bullish) FxWirePros Hourly USD Spot Index was at -82.8395 (Bearish) Technical Analysis: Bias Bullish -...

FxWirePro: NZD/USD edges lower from session highs, finds stiff resistance at 21-EMA (0.70)

May 22, 2018 10:42 am UTC| Technicals

NZD/USD was rejected at session highs at 0.6974, slips lower to currently trade at 0.6953. The pair is extending upside for 3rd straight session, bounces off strong trendline support at 0.6850. Technical...

FxWirePro: GBP/USD declines from high of 1.34900 on BOE Governor dovish comments, good to sell on rallies

May 22, 2018 10:24 am UTC| Technicals

FxWirePro: Turkish lira trades marginally higher against U.S. dollar, bias remains bearish

May 22, 2018 08:08 am UTC| Technicals

USD/TRY is currently trading at 4.5470 levels. It made intraday high at 4.5891 and low at 4.5448 levels. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 4.5726, 4.5985,...

FxWirePro: USD/ZAR rejects key resistance at 12.89 mark, short term trend reversal likely

May 22, 2018 07:15 am UTC| Technicals

USD/ZAR is currently trading around 12.61 levels. It made intraday high at 12.68 and low at 12.57 levels. Intraday bias remains bearish till the time pair holds key resistance at 12.76 mark. A daily close...

5081 5082 5083 5084 5085 5086 5087 5088 5089 5090

Economy

Oil Prices Extend Three-Day Decline as Hopes Rise for U.S.-Iran Strait of Hormuz Deal

Global oil prices continued to weaken on Wednesday, marking a third consecutive session of losses as growing optimism over a potential U.S.-Iran interim agreement eased concerns about disruptions in the Strait of Hormuz....

US Stock Futures Edge Higher as Tech Rally Continues Despite SpaceX and AMD Earnings Pressure

U.S. stock index futures traded slightly higher late Tuesday after Wall Street closed at fresh record highs, supported by a strong rebound in technology shares and easing oil prices. However, gains in futures were capped...

Asian Stocks Rally as AI Optimism Lifts Tech Shares Across Regional Markets

Asian stock markets climbed sharply on Wednesday as renewed optimism surrounding artificial intelligence (AI) boosted technology shares following easing oil prices, lower U.S. Treasury yields, and another round of strong...

Gold Price Holds Steady as Fed Rate Outlook and Jobs Data Keep Markets on Edge

Gold prices remained steady on Wednesday as investors weighed signs of progress in Middle East diplomacy against expectations that the U.S. Federal Reserve could keep interest rates elevated for longer. Traders also turned...

Indonesia Q2 2026 GDP Growth Beats Forecast Despite Market Concerns

Indonesias economy expanded 5.29% year-on-year in the second quarter of 2026, outperforming market expectations despite slowing from the previous quarter, according to official data released on Wednesday. The result...

Politics

Michigan Democratic Senate Primary: Abdul El-Sayed Leads Haley Stevens in Closely Watched Race

Progressive candidate Abdul El-Sayed held a slim lead over U.S. Representative Haley Stevens in Michigans Democratic U.S. Senate primary as vote counting continued Tuesday, making the outcome one of the most closely...

Trump Urges Exxon, Chevron to Cut Gas Prices After Record Oil Profits

U.S. President Donald Trump criticized ExxonMobil and Chevron for earning massive profits from elevated oil prices, urging the energy giants to lower fuel costs and return some of their gains to American consumers....

Brown University President Christina Paxson to Step Down After Clashes With Trump Administration

Brown University President Christina Paxson announced on Monday that she will step down at the end of the current academic year, concluding a tenure marked by major challenges, including a high-profile dispute with...

US Supreme Court Lets $655.5 Million Judgment Against Palestinian Authorities Stand During Appeal

The U.S. Supreme Court declined to temporarily block a $655.5 million judgment against the Palestinian Authority (PA) and the Palestine Liberation Organization (PLO), allowing the damages award to remain in effect while...

North Korea Rejects U.S. Cyber Threat Claims, Slams Allied Warning

North Korea has dismissed recent accusations by the United States and its allies over alleged cyber activities, calling them politically motivated and aimed at justifying pressure on sovereign nations. According to state...

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

SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch

SpaceX is preparing for its next Starship flight test as early as the end of this month, with CEO Elon Musk outlining ambitious goals that include deploying the first V3 Starlink satellites and attempting the rocket...

Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan

Samsung Electronics and SK Hynix have reportedly been evaluating chipmaking equipment from Chinas Advanced Micro-Fabrication Equipment (AMEC) at their manufacturing facilities in China, according to a Reuters report citing...

Apple Restores Telegram to App Store After Content Policy Violation

Apple briefly removed Telegram from its App Store after a review found content that violated its App Store guidelines prohibiting child sexual abuse material (CSAM), the company confirmed on Monday. The messaging platform...

SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal

SK Hynix and representatives of one of its South Korean labor unions resumed negotiations on Tuesday, holding a fifth round of talks over the semiconductor companys employee bonus structure at its Cheongju manufacturing...

Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook

Palantir Technologies (NASDAQ: PLTR) surged in after-hours trading on Monday after reporting stronger-than-expected second-quarter earnings and raising its full-year 2026 guidance, fueled by accelerating demand for its...