Menu

Search

USD/JPY trading around 122.50, technical bias upside

Jul 01, 2015 03:12 am UTC| Technicals

Equity markets starting to calm and GREXIT fears starting to recede JPY has been major beneficiary from market turmoil this week If European equity and bond markets calm today USD/JPY could drift...

USD/INR likely to consolidate, market eyes on June manufacturing PMI

Jul 01, 2015 03:03 am UTC| Technicals

Pair remains heavy on FDI sales, bullish on economic outlook Dips below 60.60 unlikely on intervention fears, Increased selling pressure in EUR INR NDFs traded btw 63.91-64.01 range overnight, closed...

EUR/GBP long term bias remains negative

Jul 01, 2015 02:50 am UTC| Technicals

Tight Asian range opened -0.75%, which negated Mondays bullish outside day Momentum studies conflict, 5, 10 20 dmas edge lower with recent trend Initial support levels at 0.7075 and 0.6989 Near term...

USD/MYR hovering around 3.7300

Jul 01, 2015 02:38 am UTC| Technicals

USD/MYR stall s after 3.7300 low, bottom picking after steep sell-off Expected range amid 3.73-3.75 intraday; Greece risk to underpin 7year yield last 3.84%, -11bps fm yesterday, 10year 3.96%, -5bps Pair...

FxWirePro: Buy USD/CAD above 1.2450, up trend to continue further

Jun 30, 2015 19:48 pm UTC| Technicals

USD/CAD surged from 1.2365 (June 30th high) to 1.2410 in the late Uk session , and is testing strong resistance level at 1.2495 (23.6% Retracement Level ).The pair is set to reach 1.2550 and 1.2600 psychological level in...

FxWirePro: AUD/USD approaching key resistance at 0.7696, buy deals are recommended above 0.7680

Jun 30, 2015 18:24 pm UTC| Technicals

AUD/USD bounced back from 0.7665 (61.8 % Retracement Level) support level, and is moving above to testing resistance level at 0.7714 (38.2% Retracement Level). The pair is currently trading around 0.7705 level. It...

FxWirePro: GBP/USD fails to break support at 1.5704 , Upside prevails in the short term

Jun 30, 2015 17:03 pm UTC| Technicals

GBP/USD fails to break support at 1.5704 and is bouncing above to reach the resistancelevel at 1.5755. Forex market is very volatile, As negotiations between Greece crisis and its creditors dragging on further,...

  7261 7262 7263 7264 7265 7266 7267 7268 7269 7270   

Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...
  • Market Data
Close

Welcome to EconoTimes

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