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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Jun 26, 2024 03:30 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/USD consolidates previous session's slump, further downside likely on escalating trade war fears

Jul 12, 2018 06:04 am UTC| Technicals

AUD/USD consolidates previous sessions slump, trades 0.23% higher on the day at 0.7383 at the time of writing. Aussie dollar to remain under pressure amid rising US-China trade war fears. On the other side, we...

FxWirePro: USD/JPY bulls on verge of hitting 6-month highs and retracing 78.6% Fibos after breaking out stiff resistances – Trade one-touch calls

Jul 12, 2018 05:46 am UTC| Technicals

USDJPY has broken out a stiff resistance zone of 110.922 111.352 levels decisively on Wednesdays trade as markets nudge trade wars tormentor. The pair is currently extending its gains to 6-months highs, currently...

FxWirePro: AUD/CHF rejected at 21W EMA, breach at 0.7285 support could see further weakness

Jul 12, 2018 05:06 am UTC| Technicals

AUD/CHF is consolidating previous sessions slump, trades slightly higher on the day at 0.7348 at the time of writing. Price action was rejected at daily cloud, and remains below daily cloud and major moving...

FxWirePro: USD/JPY spikes past 112 handle as yen loses safe haven appeal, eyes 78.6% Fib at 112.57

Jul 12, 2018 04:17 am UTC| Technicals

USD/JPY has spiked past 112 handle on Wednesdays trade as markets brush off trade wars angst. Yen is losing its safe-haven appeal as markets seem to trust Trumps move on imposing tariffs on Chinese goods. The...

FxWirePro: Taiwanese dollar rises in early Asia, bias remains slightly bearish

Jul 12, 2018 04:06 am UTC| Technicals

USD/TWD is currently trading around 30.53 marks. It made intraday high at 30.68 and low at 30.52 marks. Intraday bias remains slightly bearish for the moment. A daily close above 30.54 will drag the parity...

FxWirePro: Taiwanese dollar rises in early Asia, bias remains slightly bearish

Jul 12, 2018 04:06 am UTC| Technicals

FxWirePro: Gold declines more than $20 on strong US dollar, good to sell on rallies

Jul 12, 2018 04:01 am UTC| Technicals

Gold has declined almost $20from the high of $1266 on account of strong US dollar index. The yellow metal has formed a temporary bottom around $1237 and shown a recovery of more than $25.US has threatened to impose further...

3471 3472 3473 3474 3475 3476 3477 3478 3479 3480

Economy

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Samsung Tests Galaxy S25 with MediaTek Chipset Amid Rising Qualcomm SoC Prices

Samsung is testing its upcoming Galaxy S25 series with a MediaTek chipset, seeking alternatives to the Snapdragon 8 Gen 4 due to high costs and production issues with the Exynos 2500. This move aims to maintain performance...

Binance Delists Shiba Inu, Chainlink, and Five More Cryptos Due to Market Conditions

On June 26, Binance, the worlds largest cryptocurrency exchange, announced the delisting of Shiba Inu, Chainlink, and five other crypto assets, effective June 28. The move is due to declining trading volumes and aims to...

PancakeSwap Unveils AI-Powered Ether Prediction Market on Arbitrum with Allora

PancakeSwap has launched an AI-powered Prediction Market on Arbitrum, allowing users to forecast Ether price fluctuations with data supplied by Allora Networks machine-learning capabilities. PancakeSwap Teams Up with...

Huawei Invests $1.66 Billion in R&D to Develop Advanced Chipmaking Tools

Huawei has invested $1.66 billion in a new RD facility near Shanghai to develop advanced chipmaking tools. This effort aims to achieve self-sufficiency amid U.S. trade restrictions, highlighting Huaweis innovation and...

Why Shiba Inu Price is Surging Today: Key Factors Behind the Rally

The price of Shiba Inu Coin surged by nearly 3% today, reflecting a significant rally in the cryptocurrency market. In line with the general upturn in the cryptocurrency market, the price of Shiba Inu Coin surged by...