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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Dec 19, 2025 02:25 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/USD rally may be stalling, good to go short on upticks

Dec 03, 2015 03:57 am UTC| Technicals

The Antipodeans came off multi-week peaks on Thursday after hawkish Yellen comments underlined the case for an interest rate hike this month and dented appetite for risk assets. Also undermining the Aussie was data...

FxWirePro: USD/CAD key support at 1.3270, buy deals are recommended around 1.3310

Dec 02, 2015 16:28 pm UTC| Technicals

USD/CAD pair initially surged towards 1.3400 levels after the release of ADP employment figures from the US market. However, USD/CAD pair immediately gathered bearish momentum to hit low around 1.3306 levels after Bank of...

Cable breaks major support 1.4970, targets 1.4860

Dec 02, 2015 15:59 pm UTC| Technicals

Major resistance - 1.4970 (trend line joining 1.51629 and 1.5107) Cable has broken major support 1.4970 and confirms major trend reversal a decline till 1.4900/1.4855. On the higher side minor resistance is...

FxWirePro: EUR/USD key resistance at 1.0688, downside prevails in the short term

Dec 02, 2015 14:55 pm UTC| Technicals

The pair slipped lower in the early European session after Eurozone CPI figures printed negative figures, and further bearish pressure was exerted towards 1.0580 levels, after the US ADP Employment data printed positive...

FxWirePro: USD/JPY key support at 122.58, buy deal are recommended around 122.70

Dec 02, 2015 14:41 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting minor support level at 123.09 to trade around 123.35 levels, currently the pair is approaching to test support level at 123.37. The support level at 122.60 is set to hold...

FxWirePro: USD/CHF key support at 1.0242, bullish in the short term

Dec 02, 2015 14:29 pm UTC| Technicals

The USD/CHF pair rallied initially towards 1.0292 levels after ADP Employment data from US market printed positive figures, However after the market stabilized from the impact of the data release, the pair is turned back...

GBP/JPY Trade idea

Dec 02, 2015 12:18 pm UTC| Technicals

Harmonic Pattern Formed- Anti Shark pattern Potential Reversal Zone (PRZ) - 186.05 The pair retreated till 185.16 after making a high of 186.02 yesterday. Short term trend is still weak as long as resistance...

6961 6962 6963 6964 6965 6966 6967 6968 6969 6970

Economy

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement

Federal Reserve Bank of Chicago President Austan Goolsbee said Thursday that recent inflation data has been encouraging, raising the possibility of additional interest rate cuts next year if current trends continue....

Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision

Japans consumer price inflation remained largely steady in November, reinforcing expectations that the Bank of Japan (BOJ) will proceed with a long-anticipated interest rate hike as it seeks to control persistent price...

U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty

U.S. stock index futures edged lower on Thursday evening, cooling after a strong rebound on Wall Street driven by softer-than-expected November inflation data. The pullback reflected lingering caution among investors, as...

Politics

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

Brazilian Finance Minister Fernando Haddad confirmed on Thursday that he will not run for public office next year, putting an end to months of speculation surrounding his political future. Speaking at a press conference,...

Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. has moved to significantly restrict childrens access to gender-affirming care, marking one of the most far-reaching actions yet by the Trump administration...

Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

Washingtons decision to expand U.S. travel restrictions to include Antigua and Barbuda and Dominica is raising serious concerns across the Caribbean, where access to the United States plays a vital role in tourism,...

Barham Salih Elected as Next UN High Commissioner for Refugees

The United Nations General Assembly has elected Barham Salih, former president of Iraq and a longtime advocate for democracy and human rights, as the next United Nations High Commissioner for Refugees. The decision was...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....