Menu

Search

FxWirePro: Mexican Peso marginally falls after Central bank chief Carstens’s comments

Nov 23, 2016 01:06 am UTC| Technicals

Pair is currently trading around 20.60 levels. It made intraday high at 20.61 and low at 20.56 levels. Intraday bias remains bullish till the time pair holds key support at 20.15 levels. A daily close below...

FxWirePro: EUR/USD outlook weaker on renewed downside pressure

Nov 22, 2016 19:17 pm UTC| Technicals

EUR/USD declined to trade around 1.0620 levels, giving up earlier gains made in early US session as better than expected U.S. existing home sales last month further cemented expectations that Federal Reserve will hike...

FxWirePro: USD/JPY maintains bullish bias with focus on 112.00 levels

Nov 22, 2016 15:43 pm UTC| Technicals

USD/JPY rose on Tuesday as the outlook for the greenback remained bullish after a relentless rally over the past several days in the wake of Republican Donald Trumps U.S. election win. The dollar quickly regained its...

FxWirePro: GBP/JPY trade idea

Nov 22, 2016 12:28 pm UTC| Technicals

Major resistance- 138.85 (Sep 2nd high) Major support 135.90 (23.6% retracement of 126.70 and 138.85) GBP/JPY has jumped sharply after declining till 136.28 level. The pair jumped till 138.86 the high formed on...

FxWirePro: GBP/CAD bear-swing lingers in sideways after rejecting resistance, major downtrend remains intact – Boundary binaries for safe speculate

Nov 22, 2016 12:16 pm UTC| Technicals

The bearish pressure is observed in this pair after the current pricegoes below 7DMA, and then attempting to break support at 1.6605. Prior to this, you could probably make out, as and when the pair approaches pivot...

FxWirePro:Sell US Dollar Index below 100.65

Nov 22, 2016 11:44 am UTC| Technicals

Major resistance - 101.60 The U.S dollar index has made a temporary top around 101.48 and declined sharply from that level. It is currently trading around 100.89. The index is facing trend line resistance around...

FxWirePro: GBP bulls gain traction upto 23.6% Fibonacci levels but AUD bulls in major trend cushioned by leading and lagging indicators

Nov 22, 2016 10:04 am UTC| Technicals

Its been almost the6th week that the rallies are persisting and have gone above 7EMA levels, more upside potential is foreseen upon breach above 21DMA. After 5-6 consecutive weeks of price rallies, today slight bearish...

  6421 6422 6423 6424 6425 6426 6427 6428 6429 6430   

Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge

Japan recorded a current account deficit in June for the first time in 17 months, as rising dividend payments to overseas investors and higher oil import costs weighed on the countrys external balance. The current account...

China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases

Chinas consumer inflation slowed more than expected in July, while factory-gate prices remained firmly in deflationary territory, highlighting continued weakness in domestic demand despite signs of improvement in the...

Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision

Australian shares moved lower on Monday as a sharp decline in Westpac Banking Corporation weighed on the financial sector, while gains in mining stocks helped limit broader market losses ahead of the Reserve Bank of...

US Dollar Near Two-Month Low as Markets Await Inflation Data

The U.S. dollar traded near a two-month low against major currencies on Monday as investors turned their attention to upcoming U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The euro...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

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

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...
  • Market Data
Close

Welcome to EconoTimes

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