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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Dec 18, 2025 03:40 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirepro: GBP/USD on front-foot ahead of BoE, trades above 200-DMA

Oct 08, 2015 07:24 am UTC| Technicals

Early on the day Cable weakened from the NY session high of 1.5339, upside was capped by 200-DMA at 1.5317 in the Asian session Small spike seen into the European open, pair edges higher, trades above 200...

EUR/NZD breaks major trend line resistance, targets 1.7260

Oct 08, 2015 07:13 am UTC| Technicals

EUR/NZD has made a low of 1.6876 (trend line joining 1.6389 and 1.6410) and recovered from that level. Any further weakness can be seen only below trend line 1.6875 and break below targets 1.6800/1.6745. The pairs minor...

FxWirePro: GBP/AUD recovers after making a low of 2.115, good to sell on rallies

Oct 08, 2015 06:37 am UTC| Technicals

GBP/AUD has broken short term support 2.140 and declined till 2.1150. It is currently trading at 2.1214. The pairs minor resistance is around 2.1410 and any break above would extend gains till 2.1685/2.200. The pairs...

EUR/AUD breaks minor trend line resistance, a jump till 1.5795 is possible

Oct 08, 2015 06:15 am UTC| Technicals

EUR/AUD has made a low of 1.5513 yesterday and slightly recovered from that level. Short term trend is bullish as long as support 1.5590 holds. Any break below 1.5590 will drag the pair further down till 1.5550/1.5500 in...

FxWirePro: Yen ignores poor Japan data, remains bid against USD on falling Japanese stocks

Oct 08, 2015 05:41 am UTC| Technicals

USD/JPY is extending the bearish momentum for the third straight session, falling Japanese stocks trigger fresh demand for the yen Nikkei drops -0.64 to 18,204, markets also wary as they await re-opening of the Chinese...

USD/JPY faces minor support at 119.75, break below targets 119.20

Oct 08, 2015 05:30 am UTC| Technicals

Pattern formed - Descending triangle USD/JPY is facing minor support at 119.75 and any break below will drag the pair further down till 119.20/118.60 in short term. Intraday bullishness can be seen only above 120.25...

FxWirePro: AUD/USD struggles to hold above the 0.72 handle, good to sell rallies

Oct 08, 2015 05:06 am UTC| Technicals

The Aussie edged lower from multi-week highs reached on Wednesday as USD remains broadly stronger on improved risk appetite AUD/USD stood at 0.7173, having slipped back below the 0.72 handle, strong resistance is found at...

7091 7092 7093 7094 7095 7096 7097 7098 7099 7100

Economy

Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks

Oil prices extended their gains during Asian trading on Thursday as geopolitical tensions involving Venezuela and Russia heightened concerns over global crude supply. Market sentiment was boosted after U.S. President...

Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets

Asian shares fell sharply on Thursday as technology stocks came under renewed pressure, driven by growing investor concerns over heavy artificial intelligence spending and its impact on corporate balance sheets. Market...

Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React

The U.S. dollar remained steady against major global currencies on Thursday as investors positioned themselves ahead of key central bank decisions in the United Kingdom, Europe and Japan. Currency markets showed cautious...

BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited

The Bank of England is widely expected to cut interest rates on Thursday as signs mount that UK inflation is easing and economic growth is weakening. Financial markets anticipate a 25-basis-point reduction, bringing the...

U.S. Stock Futures Edge Higher as Micron Earnings Boost AI Sentiment Ahead of CPI Data

U.S. stock index futures inched higher on Wednesday evening, supported by blowout earnings and strong guidance from Micron Technology, although broader gains remained limited as investors stayed cautious ahead of key U.S....

Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

U.S. President Donald Trump announced Wednesday evening that eligible U.S. military personnel will receive a one-time cash payment of $1,776, a move he described as a special warrior dividend timed ahead of Christmas. The...

U.S. House Advances GOP Healthcare Bill as ACA Subsidies Near Expiration

A major U.S. federal healthcare subsidy expanded during the COVID-19 pandemic is set to expire at the end of the year after the House of Representatives narrowly advanced a Republican healthcare bill that does not renew...

U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

Taiwans defence ministry announced on Thursday that the United States government has formally initiated the congressional notification process for a proposed $11.1 billion arms sale to Taiwan, underscoring Washingtons...

Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

A union-aligned investment group has urged major U.S. corporations including Amazon, Walmart and Google-parent Alphabet to explain how President Donald Trumps immigration policies are affecting their finances, workforce...

Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

Venezuela has formally requested an urgent meeting of the United Nations Security Council to address what it described as ongoing U.S. aggression against the country, according to a letter seen by Reuters. The request...

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

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....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...