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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Dec 06, 2025 10:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Sell EUR/JPY below 139.00, bearish in the near term

Jun 24, 2015 10:25 am UTC| Technicals

The EUR/JPY pulled back from 138.29 level and moving towards 139.10 (61.18% retracement level). The pair is currently is trading at 139.80, it is expected decline futher towards 138.00. The market will be...

FxWirePro: Buy USD/CHF above 0.9282, up trend to continue further

Jun 24, 2015 08:16 am UTC| Technicals

USD/CHF is fast approaching near resistance at 0.9307 (61.8% Retracement level). The currency is trading at 0.9302. Major resistance is seen at 0.9307, a break above this level will open the door to 0.9345 level. To...

FxWirePro: USD/JPY approaching resistance at 124.09, buy deals are recommended above 123.80

Jun 24, 2015 07:31 am UTC| Technicals

USD/JPY is trying to break 124.09 (38.2.% Retracement level) and bounce above to reach the next Resistance level at 124.43. Later in the day, the US Q1 GDP (Gross Domestic Product) and GDP Price Index (QoQ) is set...

FxWirePro: Sell GBP/USD below 1.5805, down trend to continue further below

Jun 24, 2015 06:45 am UTC| Technicals

GBP/USD is bouncing back from 1.5710 level and trying to test 1.5812 (61.8% Retracement level). Rally in the range 1.5760- 1.5800 should be taken as advantage for selling opportunities, As GBP is weak against the...

EUR/USD in recovery mode briefly topping 1.1200

Jun 24, 2015 06:33 am UTC| Technicals

1.1135 low vs 1.1130 50% May 27-Jun 18 1.0819-1.1440 rise Next pivot at hourly kinsen 1.1208. Then 55/200-HMAs 1.1275/85 Greek economy minister optimistic sees no extension programme plan Austrian FM...

AUD/USD flat in quiet trading

Jun 24, 2015 03:58 am UTC| Technicals

Pair drifting back to the opening level at 0.7735 to contradict early strength AUD outperformed yesterday, but topside likely limited amid broad USD strength Resistance is seen around at 50% of...

USD/TWD Further upside bias seen after sharp contraction in May exports

Jun 24, 2015 02:57 am UTC| Technicals

Pair opens bid at 31.0, good buying from custodians seen Pair traded 30.88-31.005 range so far Markets await May industrial output data, last at...

7271 7272 7273 7274 7275 7276 7277 7278 7279 7280

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...