Menu

Search

FxWirePro: BOJ’s status-quo keeps yen supported, USD/JPY hits session lows at 119.90

Sep 15, 2015 04:25 am UTC| Technicals

BoJ left policy unchanged as widely expected and echoed the same old tune that the economy is recovering moderately and the QQE is having its intended effect USD/JPY erased gains and switch into the negative territory,...

FxWirePro: Sell USD/CHF around 0.96800-85 with SL around 0.9725 for the TP of 0.9570

Sep 15, 2015 03:07 am UTC| Technicals

USD/CHF has broken major support 0.9680 and declined till 0. is currently trading around 0.96770. the pair yesterday recovered till 0.9718 after making a low of 0.96675 . Intra day trend is still weak as long as support...

FxWirePro: Buy USD/JPY at dips around 120.45-48 with SL around 119.80 for the TP of 121.30/121.70

Sep 15, 2015 01:59 am UTC| Technicals

USD/JPY has taken support near trend line ( trend line joining 116.07 and 118.840) and slightly recovered from that level. It is currently trading at 120. trend is bullish as long as support 119.60 holds. On the downside...

FxWirePro: USD/JPY key resistance at 120.28, sell deal are recommended below 120.25

Sep 14, 2015 14:40 pm UTC| Technicals

USD/JPY is approaching support level at 119.97, currently the pair is trading at 120.08 and it is set to decline further towards 119.80 and later 119.50 levels, as Japanese Yen is set to gain against US dollar which is...

FxWirePro: USD/CAD finds support at 1.3232, buy deals are recommended above 1.3235

Sep 14, 2015 14:03 pm UTC| Technicals

USD/CAD has slipped back towards 1.3245 levels after failing to hold above 1.3266 levels, after quick surge in mid European session. The pair may extend its weakness up to 1.3234 and consolidate well above this this area,...

FxWirePro: USD/TRY call spreads and CBT rate hike - a run through

Sep 14, 2015 12:59 pm UTC| Technicals

Central Bank of Turkey will likely tolerate a weaker FX market pricing for rate hikes is aggressive, in our view, given the indications of weak economic growth and the rising vulnerability of the CBT to political...

FxWirePro: GBP/USD key support at 1.5370, bullish in the short term

Sep 14, 2015 12:55 pm UTC| Technicals

The cable has lost some ground, from Fridays high at 1.5443 and is moving downwards to test interim support level at 1.5400. The cable is currently trading around 1.5408 levels with overbought condition and a fall towards...

  7521 7522 7523 7524 7525 7526 7527 7528 7529 7530   

Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

The United States announced on Wednesday that it will impose a 25% tariff on certain imports from Brazil after concluding a year-long Section 301 trade investigation that found several Brazilian policies unfairly...

Gold Prices Slip as Oil Rally Fuels Inflation Fears, Strengthens Dollar

Gold prices declined early Thursday as rising oil prices reignited concerns that inflation could remain persistent, reinforcing expectations that the Federal Reserve may keep interest rates elevated for longer. The...

Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

Asian stock markets declined sharply on Thursday, led by heavy losses in South Korea, as a broad semiconductor selloff and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Market participants...

Asian Currencies Hold Steady as Middle East Tensions Offset Weaker US Dollar

Asian currencies traded in tight ranges on Thursday as a weaker U.S. dollar was balanced by growing investor caution over the escalating Middle East conflict, limiting demand for risk-sensitive regional assets. Market...

Politics

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

Iran warned on Thursday that the Strait of Hormuz remains an inviolable red line, vowing to retaliate against infrastructure across the Gulf region if U.S. President Donald Trump follows through on threats to attack...

DOJ Refuses to Release Unredacted Jeffrey Epstein Files to New Mexico Investigation

The U.S. Department of Justice (DOJ) said Wednesday it cannot legally release unredacted Jeffrey Epstein files requested by New Mexico officials, deepening a dispute over the states renewed investigation into the late...

US Restricts Commercial Flights From Congo Amid Ebola Outbreak

The United States has introduced new travel restrictions tied to the ongoing Ebola outbreak in the Democratic Republic of Congo (DRC), preventing U.S. citizens and nationals who have been in the country within the previous...

NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

The New York Times has asked a federal court to block grand jury subpoenas issued to three of its journalists following their reporting on President Donald Trumps new Qatari-donated Air Force One, escalating a legal battle...

Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

U.S. President Donald Trump has ordered Immigration and Customs Enforcement (ICE) agents to resume using traffic stops during immigration enforcement operations, reversing a temporary suspension announced just a day...

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

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

Alibaba and Baidu shares rallied on Thursday after Apple secured regulatory approval to introduce its Apple Intelligence platform in China, a major step toward expanding its artificial intelligence services in one of the...

Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

Nvidia is strengthening its presence in Japan through new partnerships with leading industrial automation companies, including Fanuc and Yaskawa Electric, as the chip giant pushes to accelerate the adoption of artificial...

Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

Hyundai Motor has announced plans to acquire SoftBank Groups remaining stake in Boston Dynamics, giving the South Korean automaker full ownership of the robotics company as it expands its artificial intelligence and...

Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

JPMorgan Chase CEO Jamie Dimon has warned that Anthropics advanced Mythos artificial intelligence model presents significant national security risks, highlighting growing concerns over the potential misuse of powerful AI...

SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...
  • Market Data
Close

Welcome to EconoTimes

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