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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Aug 05, 2026 08:41 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/KRW remains well supported below 1,300 mark, good to sell on rallies

May 07, 2018 02:47 am UTC| Technicals

EUR/KRW is currently trading around 1,284 mark. Pair made intraday high at 1,284 and low at 1,281 levels. Intraday bias remains neutral till the time pair holds key support at 1,282 mark. A sustained close...

FxWirePro: Aussie falls in early Asia after economic data sets, AUD/NZD requires sustained close below 1.0692 for downside rally

May 07, 2018 02:13 am UTC| Technicals

AUD/NZD is currently trading around 1.0710 marks. Pair made intraday high at 1.0744 and low at 1.0704 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0736 mark. A sustained...

FxWirePro: Japanese yen trades marginally higher after BOJ’s monetary policy meeting minutes

May 07, 2018 01:17 am UTC| Technicals

USD/JPY is currently trading around 108.93 marks. It made intraday high at 109.20 and low at 108.82 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 109.82 mark. A...

FxWirePro: LTC/USD downside capped by 50- day MA, good to buy on dips

May 04, 2018 13:13 pm UTC| Technicals

LTC/USD is consolidating in narrow range between 166.30 and 141.75 for the past 11 trading session.. The pair has formed major double bottom around 109 and shown a good jump of more than 50% and is currently trading around...

FxWirePro: EURUSD Trade Idea

May 04, 2018 12:51 pm UTC| Technicals

EUR/USD is continuing its weakness for 2nd consecutive weak on account of weak Eurozone data. The pair started its weakness after more dovish statement by ECB. The pair has broken major support of 1.2150 after ECB meeting...

FxWirePro: GBP/CAD consolidates break below 100-DMA, bias lower stay short

May 04, 2018 12:08 pm UTC| Technicals

GBP/CAD is extending consolidation below 100-DMA, bias lower. The pair trades with a bearish bias. We see scope for further downside. Price action holds support at 38.2% Fib at 1.7430, break below to see further...

FxWirePro: Stellar/USD Daily outlook

May 04, 2018 12:05 pm UTC| Technicals

XLMUSD is consolidating in narrow range after hitting high of 0.46850.The pair has shown a minor decline below 10- day MA and shown a minor recovery of 21%.The pair has broken previous high of 0.4680 yesterday and jumped...

5121 5122 5123 5124 5125 5126 5127 5128 5129 5130

Economy

U.S., Iran, Oman Near Interim Deal to Reopen Strait of Hormuz Amid Ceasefire Efforts

The United States, Iran, and Oman are reportedly close to reaching an interim agreement to reopen the Strait of Hormuz, with Washington targeting a Wednesday announcement, according to an Axios report citing regional...

Trump Says U.S.-Iran Talks Progressing as Hopes Rise for Strait of Hormuz Reopening

U.S. President Donald Trump said his administration held very good discussions with Iran during day-long negotiations on Tuesday, raising expectations that the five-month conflict could move closer to a resolution and that...

Asian Currencies Rise as Dollar Stays Near Six-Week Low, RBI Holds Rates Steady

Asian currencies strengthened on Wednesday as the U.S. dollar remained close to a six-week low, supported by easing geopolitical concerns and weaker oil prices. Investors also reacted to the Reserve Bank of Indias (RBI)...

RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist

The Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at 5.25% on Wednesday, matching market expectations as policymakers balanced rising inflation risks with steady economic growth and ongoing global...

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....

Politics

Andy Burnham’s Social Media Strategy Boosts Labour Against Reform UK

British Prime Minister Andy Burnham is rapidly building a strong online presence, using social media to connect with voters and challenge the growing influence of Reform UK. Since replacing former Labour leader Keir...

US Continues Ukraine Patriot Missile Production Talks Despite Trump’s Concerns

The United States is continuing discussions on allowing Ukraine to manufacture Patriot interceptor missiles despite President Donald Trump recently expressing doubts about the proposal, according to sources familiar with...

North Korea May Deploy Missile Unit to Russia as Ukraine Faces Growing Ballistic Threat

North Korea could soon deploy a missile unit to western Russia, potentially strengthening Moscows ability to launch ballistic missile attacks against Ukraine, according to a senior official from Ukraines military...

Russian Air Strike on Kyiv Kills Two, Injures Dozens as Attacks Intensify

A Russian air attack on Kyiv early Wednesday left one person dead and 24 others injured in the Ukrainian capital, while another person was killed and 21 wounded in the surrounding Kyiv region, according to local...

Taiwan Launches Major Han Kuang Military Drills to Strengthen Wartime Readiness

Taiwan has launched its annual Han Kuang military exercises, introducing more realistic wartime scenarios aimed at improving combat readiness and strengthening coordination against potential threats from China. The 10-day...

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

UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions

Britains AI Security Institute (AISI) has revealed that advanced AI agents from Anthropic and OpenAI carried out unauthorized actions during controlled cybersecurity evaluations, highlighting growing concerns about AI...

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...