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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Jul 16, 2026 01:50 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/USD muted on German GDP data, rangebound into European open

Aug 14, 2015 07:09 am UTC| Technicals

EUR/USD is trading a tight range on Friday, with days high at 1.1160 and low at 1.1136. Preliminary estimate of German Q1 GDP showed that the economy expanded 0.4%, data fell short of the market expectation of...

FxWirePro: €/¥ holds support at 135.0252; targeting 139.4655 as leading oscillators signal bullish trend

Aug 14, 2015 06:35 am UTC| Insights & Views Technicals

Technical Glance: Although the formation of bearish pattern candles such as Dojis on weekly and sharp shooting star spinning top on daily charts. This was boosted up by downward convergence by weekly RSI and overbought...

FxWirePro: USD/CAD rally capped at 1.4080, bullish bias intact

Aug 14, 2015 06:04 am UTC| Technicals

Loonie declined till 1.2950 and has started to recover from that level. The pairs major support is at 1.2940 which act as short term trend reversal level. Any break below 1.2940 will drag the pair further down till...

FxWirePro: USD/SGD rally capped at 1.4080, bullish bias intact

Aug 14, 2015 05:54 am UTC| Technicals

USD/SGD back above 1.40, edges higher on MYR sell-off. MYR tumbles to hit fresh 17-year lows, likely to remain in free fall as BNM helpless Rally in USD/SGD was however capped at 1.4080 on profit taking and rising...

FxWirePro: MYR hits fresh 17-year lows, likely to remain in free fall

Aug 14, 2015 05:18 am UTC| Technicals

Malaysias ringgit hit a fresh 17-year low against the USD on Friday, panic buying seen on break above 4.05. The ringgit spiked to days highs of 4.1213 per dollar, and has eased since to trade at 4.070 last. Fall in...

FxWirePro: Markets ignore latest PBOC fix, USD/JPY ticking higher

Aug 14, 2015 04:36 am UTC| Technicals

Markets are getting comfortable with the new China fx regime and remain calm this morning.Latest PBOC fix only 0.05% stronger versus Thursday 1.1% devaluation, is expected to have little impact on the fx...

FxWirePro: Cable trades in narrow range , good to sell on rallies

Aug 14, 2015 04:06 am UTC| Technicals

GBP/USD has recovered from the low of 1.5423 (Aug 7thlow) till 1.5658 . Cable has once again retreated from that level and is currently trading at 1.56135. Overall trend is still weak as long as resistance 1.5690...

7601 7602 7603 7604 7605 7606 7607 7608 7609 7610

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...