Menu

Search

EUR/PLN holding below 10 DMA reinforcing the bear play

Feb 20, 2015 13:27 pm UTC| Technicals

Source: Thomson Reuters EUR/PLN trapped by 10 DMA and range lows, reinforcing the bear play Trend studies are rolling over albeit from neutral levels Pair is nearing recent batch of daily lows by 4.1544 so caution...

EUR/CHF extends recovery, 76.4% fibo next

Feb 20, 2015 10:17 am UTC| Technicals

Prices have reached a new high at 1.08115 today Key technical levels cleared this week (1.0651/1.0669) The 76.4% fibo of the Jan 15 session collapse is next at 1.1181 Expect to see attempts at 1.10...

EUR/USD upper hand gained by real money buyers

Feb 20, 2015 10:15 am UTC| Technicals

Second round of corporate buying loomed ahead 1.1300 EUR/USD Real money flows have made up for a speculative search for stops under 1.1320 1.1270, low since the 1.1534 peak posted after Syrzia election win...

USD/CHF profits booked

Feb 20, 2015 09:56 am UTC| Technicals

220pts profit booked as prices make 0.9535 objective Pair now ahead of 76.4% of the Jan 15 range and last Decs lows at 0.9545/54 Resistance above is extremely thin Move towards parity is favored Bid...

EUR/JPY weighed by trendline, 133s emerge

Feb 20, 2015 09:38 am UTC| Technicals

Cross extends south. The kijun line is just below market at 133.90 and dropping The 50% fibo of the 130.16/136.70 move supports below at 133.43 Day trend indicators show continuous downside risk Looks to...

USD/JPY contained well

Feb 20, 2015 08:49 am UTC| Technicals

119.10-118.86 Asia range, real money sales to 118.60 early London Solid technical support and bids ahead of 118.00. 118.42 Thursday low 118.17 Kijun-sen, 118.10 is 61.8% of 116.64-120.48 post NFP...

EUR/GBP reaches new 7 year lows

Feb 20, 2015 08:48 am UTC| Technicals

Long-term bear trend strengthens after new 7 year lows hit at 0.7340 The 200 HMA, last at 0.7406, stalls recovery attempts on Thursday Short stop lowered to reduce risk on a break of 0.7348. Now at...

  7581 7582 7583 7584 7585 7586 7587 7588 7589 7590   

Economy

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

Chinas economic momentum showed further signs of strain in November as key indicators pointed to slower growth in industrial output and a sharper-than-expected slowdown in consumer spending, according to official data...

Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns

Oil prices edged higher on Monday, recovering part of last weeks sharp decline, as rising geopolitical tensions between the United States and Venezuela fueled concerns over potential supply disruptions. These worries...

Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks

The U.S. dollar remained under pressure on Monday, extending losses near a two-month low, while the euro and British pound held relatively steady as investors awaited a series of critical central bank decisions this week....

Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious

Asian stock markets opened the week lower as investors reduced risk exposure amid thin year-end liquidity, looming central bank decisions, and a packed schedule of delayed economic data releases. Early Monday trading saw...

Politics

Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case

Hong Kongs High Court has found media tycoon and pro-democracy figure Jimmy Lai guilty of conspiracy to collude with foreign forces, marking the most significant conviction yet under the China-imposed national security...

Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip

U.S. President Donald Trump has filed a major defamation lawsuit against the British Broadcasting Corporation (BBC), accusing the publicly funded broadcaster of misleading editing that falsely portrayed him as inciting...

Lukashenko Says Maduro Welcome in Belarus Amid Rising U.S.-Venezuela Tensions

Belarusian President Alexander Lukashenko has said that Venezuelan President Nicolas Maduro would be welcome to seek refuge in Belarus if he ever chose to leave office, although he stressed that no such discussions have...

U.S. Suspends UK Technology Deal Amid Trade Disputes Under Trump Administration

The United States has suspended a major technology partnership with the United Kingdom that was designed to strengthen cooperation in artificial intelligence, quantum computing, and civil nuclear energy, according to a...

U.S. Offers NATO-Style Security Guarantees to Ukraine as Peace Talks Show Progress

The United States has offered Ukraine NATO-style security guarantees as negotiations involving U.S., European, and Ukrainian officials showed signs of progress toward ending Russias war in Ukraine. Talks held in Berlin...

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

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...
  • Market Data
Close

Welcome to EconoTimes

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