Menu

Search

EUR/USD spikes up after Fed lowered econ forecasts

Jun 17, 2015 18:21 pm UTC| Technicals

EUR/USD surges after Fed lowers 2015 GDP forecast up uneployment rate forecast Pair then sets new daily high at 1.1300, reversing earlier dips Choppy action may hold until Yellen speaks, market focus to be on her dot...

USD/COP edges higher, Peso mostly hanging in with region

Jun 17, 2015 16:58 pm UTC| Technicals

USD/COP higher but peso only slightly worse than rest of region Familiar 2524/2525 stopped recent USD/COP slide, old and new Fibs there Signs RM removed some selling pressure recently Bigger picture: dollar,...

AUD/USD slide deepens, hits session low on broad USD bid

Jun 17, 2015 16:28 pm UTC| Technicals

AUD/USD earlier bounce to 0.77 negated, pair sets new session low on broad USD bid Next support at June 10 low (0.7636), might see shorts t/p there pre-Fed Commodity slump and UST yield lift aid dive down to 0.7661 RSIs...

EUR/GBP met headwind pre-0.7175, Grexit risk weighs

Jun 17, 2015 16:20 pm UTC| Technicals

EUR/GBP met headwind pre-0.7175 after rallying off 0.7147 Grexit risk helping weigh on cross in addition to pipeline BoE hike hopes 0.7147 = 16-day low after big UK earnings beat 0.7146 = June 1 low. 0.7175 was Tuesdays...

USD surging broadly pre FOMC & London close, lifts USD/JPY

Jun 17, 2015 15:15 pm UTC| Technicals

USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC London close EIA Crude Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 Jun 10 high...

EUR/USD sets new session low of 1.1237, as USD firms on soft commodities

Jun 17, 2015 15:10 pm UTC| Technicals

EUR/USD dives and sets new session low of 1.1237 DOE stats data gives USD a big boost, lead by USD/JPY Slide below 10-DMA deepens as spreads widen daily RSI weighs Support into 1.1215/20 then 1.1185/90, likely tough...

EUR/JPY rising, Yen slide main driver

Jun 17, 2015 14:23 pm UTC| Technicals

EUR/JPY builds off last weeks 38.2% correction, resets overbought RSIs Yen slide main driver today as weak JP Trade volumes favor BOJ QQEs Jun 12s 138 low completed 38.2% of late May-Jun uptrend Crucial hurdles are...

  7521 7522 7523 7524 7525 7526 7527 7528 7529 7530   

Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

Bank of Japan Governor Kazuo Ueda reaffirmed on Thursday that Japans real interest rates remain firmly in negative territory, signaling that the countrys financial conditions continue to support economic growth. His...

Japan Consumer Confidence Drops Sharply Amid Rising Fuel Costs and Middle East Tensions

Japans consumer confidence took a significant hit in March, declining for the first time in three months as escalating fuel costs linked to the ongoing Middle East conflict continued to weigh heavily on the countrys...

China Set to Exit Deflation Cycle in Early 2026, ANZ Analysts Say

China may be closer to ending its prolonged deflationary period than financial markets currently anticipate, according to a recent note from ANZ analysts. The bank projects that three key price indicators the producer...

Asian Currencies Hold Steady as Middle East Ceasefire Doubts Weigh on Markets

Asian currencies showed little movement on Thursday following strong gains in the prior session, as investor caution mounted over the stability of a U.S.-Iran ceasefire deal amid escalating Middle East tensions. The U.S....

Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
  • Market Data
Close

Welcome to EconoTimes

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