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Sat, Feb 07, 2026 02:43 AM All times are UTC

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Gold breaks major resistance at $1245, jump till $1260/$1271 is possible

Apr 11, 2016 06:00 am UTC| Technicals

Major resistance - $1245 Major support -$1230 The yellow metal ahs broken major resistance around $1250 and jumped till $1252.41 at the time of writing. It is currently trading around $1249. Short term trend...

FxWirePro:NZD/CAD faces minor resistance around 0.8925, good to sell on rallies

Apr 11, 2016 05:29 am UTC| Technicals

Minor resistance 0.8970 Major support -0.8850 The pair has broken major support 0.8850 and declined till 0.88240. It is currently trading around 0.88525. Intraday trend is weak as long as resistance 0.8925...

FxWirePro: NZD/JPY finds strong support at 72.80, momentum bearish

Apr 11, 2016 05:24 am UTC| Technicals

NZD/JPY has taken strong trendline support at 72.89 on Apr 7th trade and edged higher. The pair currently trades around 73.65 levels, Doji formation seen in the Asian session after the pair was rejected at highs by...

FxWirePro: NZD/USD edges above 0.68 handle, rise in oil prices supports

Apr 11, 2016 04:49 am UTC| Technicals

NZD/USD retakes the 0.68 handle as commodity currencies are being supported by sharp rise in oil. With the US dollar still on the back foot the risks for NZD/USD remain to the upside. US growth estimates for Q1...

FxWirePro: South Korean Won breaks key resistance at 1153, good to sell on rallies

Apr 11, 2016 04:44 am UTC| Technicals

USD/KRW is currently trading around 1145 levels. It made intraday high at 1154 and low at 1145 levels. Intraday bias remains bearish for the moment. A daily close above 1153 will drag the parity up towards...

FxWirePro: AUD/JPY holds above strong trendline support at 80.75, weakness to resume on breaks below

Apr 11, 2016 04:09 am UTC| Technicals

Our previous call (http://www.econotimes.com/FxWirePro-AUD-JPY-holds-cloud-top-support-at-8290-good-to-go-short-on-breaks-below-190866) has hit all targets. Momentum studies are still bearish. Further downside on...

FxWirePro: USD/JPY edges higher from fresh multi-month lows at 107.63, finds strong support at 107.60

Apr 11, 2016 03:39 am UTC| Technicals

USD/JPY remains with a bearish bias, has hit fresh multi-month lows at 107.63. The pair finds strong support at 107.60, breaks below could see further weakness. Tests of 106.80 and then 106.25 then...

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Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Politics

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....