Menu

Search

FxWirePro: USD/CAD bulls exhausted at confliction point at stiff resistance of 61.8% Fibos – Synthetic long options seem rosy trading and hedging choice

Mar 29, 2018 12:00 pm UTC| Technicals

Chart and candlestick patterns: Frequent occurrence of bearish patterns, such as spinning top, long-legged doji and shooting star candlesticks pop up at 1.2891, 1.2920 and 1.2916 levels. These bearish patterns occur at...

FxWirePro: EUR/GBP retraces dip below 5-DMA, eyes 20-DMA at 0.8823

Mar 29, 2018 11:59 am UTC| Technicals

The pound sterling extends weakness on the day as final revision of UK GDP fails to provide any additional boost. The final revision of UK GDP, showed Q4 2017 economic growth matched original estimates and stood at...

FxWirePro: USD/CAD trades higher, market eyes Canada GDP

Mar 29, 2018 11:37 am UTC| Technicals

USD/CAD has regained slightly yesterday almost more than 60 pips. The pair hits high of 1.29308 yesterday and shown a minor decline from that level. The good jump in loonie was due to slightly better than expected US final...

FxWirePro: NZD/CAD hovers around channel base at 0.9295, good to go short on break below

Mar 29, 2018 11:32 am UTC| Technicals

NZD/CAD slips lower for 3rd straight session, bias bearish. The pair hovers around channel base at 0.9295, decisive break below will accentuate weakness. Technical indicators on intraday charts are bearish....

FxWirePro: EUR/USD faces strong support at 1.2300, break below targets 1.22395

Mar 29, 2018 10:47 am UTC| Technicals

EUR/USD is trading weak for the third consecutive days and declined almost 175 pips from the top made on Mar 27th 2018. US dollar recovered sharply and market eyes US PECE index data which is to be released today for...

FxWirePro: AUD/CAD holds 200-DMA support, weakness only on break below

Mar 29, 2018 10:38 am UTC| Technicals

AUD/CAD is trading at 0.99 levels, largely unchanged on the day after hitting days high at 0.9918 and low at 0.9881. The pair has held strong support at 200-DMA at 0.9871 and we see weakness only on break...

FxWirePro: USD/CHF faces strong resistance at 0.9580, break above targets 0.9660

Mar 29, 2018 09:46 am UTC| Technicals

USD/CHF has been trading on the higher side in todays European session. The pair hits intraday low of 0.95530 and shown a good recovery on easing US-China trade war. The increase in risk appetite has dragged the prices of...

  5021 5022 5023 5024 5025 5026 5027 5028 5029 5030   

Economy

Gold Prices Slip as Dollar Strengthens Amid U.S.-Iran Tensions and Rising Inflation

Gold prices declined on Monday as a strengthening U.S. dollar and persistent inflation concerns weighed heavily on the precious metal. Spot gold dropped 0.6% to $4,720.67 per ounce, while gold futures slid 0.9% to...

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Politics

U.S. Blockades Strait of Hormuz Amid Escalating Iran Tensions

The U.S. military has announced a blockade of the Strait of Hormuz effective Monday at 10 a.m. Eastern, targeting vessels traveling to or from Iranian ports and coastal areas. Ships not bound for Iran will be permitted to...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

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

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...
  • Market Data
Close

Welcome to EconoTimes

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