Menu

Search

FxWirePro: NZD/JPY holds support at Ichi cloud, bias lower, break below to see resumption of weakness

Feb 09, 2018 07:00 am UTC| Technicals

NZD/JPY extends downside in Bearish Cypher pattern, pauses downside at cloud base. Technical indicators are bearish. Break below 61.8% Fib will see further weakness. RSI and Stochs are biased lower. MACD supports...

FxWirePro: USD/CNY trades in narrow range after China’s CPI, PPI data

Feb 09, 2018 06:50 am UTC| Technicals

USD/CNY is currently trading around 6.3214 marks. It made intraday high at 6.3315 and low at 6.3156 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3221 marks will test key...

FxWirePro: AUD/USD on track to test 200-DMA at 0.7752, weakness could accentuate on break below

Feb 09, 2018 06:38 am UTC| Technicals

AUD/USD downside holds just above 200-DMA at 0.7752, bias still bearish. The pair hit 5-week lows of 0.7759 before paring some losses to currently trade at 0.7772 levels. Price has broken support at 50% Fib at...

FxWirePro: DAX30 trades lower on weak global cues, good to sell on rallies

Feb 09, 2018 05:50 am UTC| Technicals

DAX index has declined almost 500 points from the minor top at 12649 made yesterday. SP500 declined sharply till 2581 almost 3.75% yesterday closed at days low. But SP futures is trading slightly positive. Overall trend is...

FxWirePro: AUD/JPY shows breakout at 'Symmetric Triangle' base, bias lower, stay short

Feb 09, 2018 05:42 am UTC| Technicals

AUD/JPY has broken support at Triangle Base at 85.50, scope for further downside seen. Price action has retraced from fresh 3-month lows at 84.38, has held minor support at Nov 28 lows (84.39). We see a spinning...

FxWirePro: Indian rupee erases previous loss against U.S. dollar, short term trend reversal likely

Feb 09, 2018 05:37 am UTC| Technicals

USD/INR is currently trading around 64.36 marks. It made intraday high at 64.62 and low at 64.34 marks. Intraday bias remains bearish till the time pair holds key resistance 64.62 mark. Key resistances are...

FxWirePro: NZD/USD bounces off 55-EMA, bias bearish, break below to test 200-DMA at 0.7147

Feb 09, 2018 05:01 am UTC| Technicals

Kiwi extended downside after dovish RBNZ on Thursday, NZD/USD hit fresh 4-month lows at 0.7176. The pair has edged higher from fresh 4-week lows below 0.72 handle, holds support at 55-EMA (0.7175). Technical...

  5171 5172 5173 5174 5175 5176 5177 5178 5179 5180   

Economy

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

U.S. Stock Futures Rise as Trump Extends Iran Ceasefire, Easing Market Tensions

U.S. stock index futures moved higher evening after President Donald Trump announced an indefinite extension of a ceasefire with Iran, calming investor fears about escalating geopolitical tensions in the Middle East. The...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty

Paraguays central bank has decided to keep its benchmark interest rate unchanged at 5.5% for the second straight month, signaling confidence in the countrys stable inflation outlook despite ongoing global economic...

Politics

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

Pakistans Prime Minister Shehbaz Sharif has expressed appreciation to former U.S. President Donald Trump for agreeing to extend the ceasefire in the ongoing U.S.-Israeli conflict involving Iran. The decision aims to...

Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

Argentine President Javier Milei announced plans to introduce a sweeping electoral reform bill to Congress, aiming to reshape the countrys political landscape and voting system. The proposal, set to be submitted on...

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

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...
  • Market Data
Close

Welcome to EconoTimes

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