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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Aug 12, 2026 04:45 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/KRW rejects key support at 1153, good to buy on dips

Mar 24, 2016 01:26 am UTC| Technicals

USD/KRW is currently trading around 1168 levels. It made intraday high at 1166 and low at 1169 levels. Intraday bias remains bullish till the time pair holds key support at 1153 levels. A sustained close...

FxWirePro: Kiwi erases previous loss against Aussie after better than expected trade balance data

Mar 24, 2016 01:00 am UTC| Technicals

AUD/NZD is hovering around 1.1200 marks. Pair made intraday high at 1.1237 and low at 1.1193 marks. New Zealand recorded its highest trade surplus in nine months in February as exports rose further than...

FxWirePro: EUR/USD pauses decline, downside risk remains intact

Mar 23, 2016 15:18 pm UTC| Technicals

EUR/USD has declined sharply to hit low at 1.4885 levels. However, after finding support at 1.1160 levels the pair has recovered to trade around 1.1175 levels. Currently the pair trying to consolidate above 1.1160...

FX Hedging Strategy Series

FxWirePro: EUR/CHF diagonal iron butterfly spreads for laggards and debit spreads for dubious bears on lacklustre IVs

Mar 23, 2016 12:29 pm UTC| Technicals

The implied volatilities of ATM contracts are just shy above 7% for next 3 months tenors, whereas risk reversals have been bearish neutral. So if anyone believes it can still be possible to pull out returns from this...

FX Hedging Strategy Series

FxWirePro: USD/CAD IVs to shrink (1M-6M) - Why do put ladders seem better over put ratio spreads?

Mar 23, 2016 11:28 am UTC| Technicals

The implied volatility of USDCAD has been bullish neutral for 3M expiries among G7 currency segment contemplating risk reversal signals. At spot ref: 1.3074, go long in 2M USD/CAD put ladder (strikes...

FX Hedging Strategy Series

FxWirePro: USD/CAD shooting star evidences dips - bears on verge of breaking out channel support - speculate via option tunnels

Mar 23, 2016 10:55 am UTC| Technicals

On daily chart, although the prices are trying bounce from last 3-4 days, now remained well below 7 21DMA. Current prices are testing resistance at 7DMA. While breaking channel support, a resembling bearish...

FxWirePro: EUR/JPY breaks major resistance at 125.95, targets 126.70

Mar 23, 2016 09:44 am UTC| Technicals

EUR/JPY has broken above strong trendline resistance at 125.95, could see test of 126.70. The slump yesterday was short lived and held the short term uptrend at 124.72 and the 20 day ma continues to hold on a closing...

7081 7082 7083 7084 7085 7086 7087 7088 7089 7090

Economy

Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan

Asian stocks mostly advanced Wednesday as renewed strength in technology and semiconductor shares boosted markets in South Korea and Japan. However, higher oil prices and uncertainty surrounding U.S.-Iran negotiations kept...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Iran War Escalates as US, Houthis Target Ships Near Key Oil Routes

The United States and Yemens Iran-aligned Houthis reported separate attacks on commercial shipping Tuesday as hopes for a quick end to the Iran war faded. Tehran warned that the Strait of Hormuz, a critical route for...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Politics

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

North Korea Launches Ballistic Missile as US-South Korea Drills Near

North Korea fired a ballistic missile toward waters off the Korean Peninsulas east coast on Wednesday, raising regional tensions just days before major US-South Korea military exercises are set to begin. South Koreas Joint...

Taiwan Slams ‘Dangerous’ China-Indonesia Naval Drill Near Island

Taiwan has condemned a planned China-Indonesia naval drill east of Taiwan, accusing Beijing of using the exercise to create the impression that it has authority over waters surrounding the democratically governed island....

Bashar al-Assad Sentenced to Death by Syrian Court

A Syrian court has sentenced ousted President Bashar al-Assad to death in absentia, marking the first conviction against the former leader since his government collapsed in December 2024. The Damascus court convicted Assad...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

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

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...