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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Jun 13, 2024 09:29 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Yen extends bull run amid Brexit-driven risk-off, USD/JPY struggles to hold 106 handle

Jun 14, 2016 04:16 am UTC| Technicals

USD/JPY rejected at session highs by 106.40 as Yen extends bull run amid Brexit-driven risk-off. The pair is extending its downward trajectory for the fourth straight session this Tuesday. Sentiment across...

FxWirePro: USD/KRW fails to break key resistance at 1176, intraday bias remains neutral

Jun 14, 2016 03:39 am UTC| Technicals

USD/KRW is currently trading around 1172 levels. It made intraday high at 1173 and low at 1170 marks. Intraday bias remains bullish till the time pair holds key support at 1162 marks. A sustained close below...

ASX200 faces strong support at 5200, break below targets 5135

Jun 14, 2016 03:01 am UTC| Technicals

Major resistance - 5260 (55 day EMA) Major Support - 5200 ASX200 has is trading near major support 5200 and any break below confirms minor trend reversal. It is currently trading at 5207. Short term trend is...

Nikkei225 trades well below 16000,targets 15500

Jun 14, 2016 02:51 am UTC| Technicals

Major support - 15800 ( 26 Apr low ) Minor resistance - 16040 (H Kijun-Sen) Nikkei Index has broken major support 15800 ad declined till 15752 at the time of writing on account of Brexit and Fed policy meeting....

FxWirePro: Aussie gains against Kiwi after higher than expected NAB business condition data

Jun 14, 2016 02:39 am UTC| Technicals

AUD/NZD is trading around 1.0496 marks. Pair made intraday high at 1.0498 and low at 1.0445 marks. Intraday bias remains neutral till the time pair holds initial resistance at 1.0496 marks. A sustained close...

FxWirePro: USD/JPY hovers around 106.00 mark in early hours, a sustain close below targets 105.19

Jun 14, 2016 01:56 am UTC| Technicals

USD/JPY is currently trading around 106.05 marks. It made intraday high at 106.42 and low at 105.93 levels. Intraday bias remains bearish till the time pair holds key resistance at 107.38 marks. A daily...

FxWirePro: USD/SGD refrains to sustain above 1.36 mark, good to sell on rallies

Jun 14, 2016 01:08 am UTC| Technicals

USD/SGD is currently trading around 1.3546 marks. It made intraday high at 1.3568 and low at 1.3538 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3622 levels. A daily...

5341 5342 5343 5344 5345 5346 5347 5348 5349 5350

Economy

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Sierra Leone’s bushmeat markets pose serious health hazards – we studied two for six months to find solutions

You are walking through the bustling centre of Bo, Sierra Leones third largest city. Following the crowd, you turn off the main road onto a narrower thoroughfare and find yourself in an open-air market. Shelters...

Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand

Heathrow Airport in the UK currently uses more energy than the entire west African country of Sierra Leone. Despite Africa accounting for less than 4% of all global greenhouse gas emissions, many of its countries face...

Spare us the talk about a wages explosion. There’s nothing wrong with lifting Australia’s lowest wages in line with inflation

What is it with the Coalition and wages? When, in the final days of the 2022 election campaign, the then opposition leader Anthony Albanese backed an increase in award wages to keep pace with inflation, his opposite...

Net zero is not just good science – it’s also a good deal for ordinary people

As the UK moves into a general election, a misinformed debate over the countrys climate transition and legally binding net zero targets risks further dividing people. Much of this debate in the UK focuses on the cost of...

Politics

Unmarred by Russian spying scandal, Austria’s far-right expected to cruise to victory in European elections

For the Freedom Party of Austria (FP), the weeks are going by like clockwork. The far-right party continues to top the polls. It is expected to clinch a comfortable victory in the European elections on 9 June with almost...

Indian election: Narendra Modi hasn’t delivered the expected landslide – where the BJP may have gone wrong

Narendra Modi may have led his Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to a historic third term, but the landslide victory that many had expected failed to materialise. With half of the 640...

Iran: president’s death has set hardliners jostling for position to replace ageing supreme leader

The death of Irans president, Ebrahim Raisi, in a helicopter crash in May plunged Iran into political uncertainly. Raisis death has set off an intense power struggle within the Islamic Republic. Irans consitution...

Modi’s narrow win suggests Indian voters saw through religious rhetoric, opting instead to curtail his political power

Indias ruling Bharatiya Janata Party, or BJP, had hoped for a landslide victory in the countrys six-week general election the largest display of democracy, by far, in a year of voting around the world. But with results...

Trump’s lawyers in lawsuits claiming he won in 2020 are getting punished for abusing courts and making unsupported claims and false statements

Over the past four years, U.S. courts and state bar associations have taken action to protect the integrity of the U.S. judicial system by penalizing attorneys who filed meritless lawsuits claiming without evidence that...

Science

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Vitalik Buterin: 7 Ways Meme Coins Enhance Ethereum and Crypto Community

Within cryptocurrency, meme coins have been a subject of discussion for a considerable time. Vitalik Buterin, the co-founder of Ethereum, has presented an alternative narrative, even though some people consider them...

Toncoin Eyes 40% Rally: Analyst Martinez Predicts Temporary Dip to $7.2

A well-known cryptocurrency analyst named Ali Martinez recently tweeted that Toncoin (TON) would have a major surge. This post sparked enthusiasm among members of the cryptocurrency community. Ali Martinez Forecasts 40%...

CBA Opens Bitcoin ETF to 17M Users, Pioneering Crypto Investments

The introduction of the Monochrome Bitcoin Exchange-Traded Fund (IBTC) on the Commonwealth Bank of Australia (CBA) trading platform is a significant step forward in the industry. The banks extremely large customer base of...

Toncoin (TON) Reaches Record High, Eyes $10 Milestone Soon

Toncoin (TON) has reached a new all-time high of $7.64, driven by a golden cross formation and robust on-chain data, signaling a potential rise to $10. Toncoins Golden Cross Formation and Robust On-Chain Data Propel...

Ripple CEO Reveals Anticipated Date for XRP as SEC Lawsuit Nears End

Brad Garlinghouse, CEO of Ripple, claimed that his company is getting closer to the conclusion of its protracted legal struggle with the Securities and Exchange Commission (SEC). Why did the SEC go after XRP kind of...