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

Become a contributor

Bookmark Econotimes

Technicals

Tue, Nov 19, 2024 05:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/NZD breaks above channel top, outlook bullish

Mar 28, 2022 10:01 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bullish - AUD/NZD was trading 0.54% higher on the day at 1.0850 at around 09:55 GMT - Price action has broken out of channel top resistance, raising scope for...

FxWirePro- USDCHF Daily Outlook

Mar 28, 2022 08:13 am UTC| Technicals

Intraday trend Bullish Significant intraday resistance 0.9345 The pair regained sharply after a minor decline below 200- 4H MA. The board-based buying in US dollar amid risk aversion is supporting pair at...

FxWirePro- GBPJPY Daily Outlook

Mar 28, 2022 07:09 am UTC| Technicals

Short-term resistance - 164 Intraday Support- 159.85 GBPJPY continues to trade higher for a third consecutive week and surged nearly 1000 pips on weak yen. The weakness in the pound sterling against the US dollar...

FxWirePro: USD/JPY spikes higher to test new 7-year high, yen under fresh selling pressure after BOJ’s JGB action

Mar 28, 2022 06:16 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.89% higher on the day at 123.16 at around 06:00 GMT. The pair has resumed upside after brief pause on Fridays trade, has refreshed 7-year high. The yen came...

FxWirePro: AUD/USD Daily Outlook

Mar 28, 2022 05:55 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: AUD/USD has opened the week on a positive note. The major was trading 0.18% higher on the day at 0.7526 at around 05:35 GMT. Price action is in the green for the third...

FxWirePro- Gold Weekly Outlook

Mar 28, 2022 04:59 am UTC| Technicals

Gold dropped from its minor top $1964.38on surging US 10-year yield. The yellow metal lost it shines after Fed Chairman Powell hints at aggressive rate hikes. Markets eye US Non-farm payroll data for further...

FxWirePro:GBP/AUD unlikely to invite any further GBP strength, good to sell on rally

Mar 26, 2022 01:00 am UTC| Technicals

GBP/AUD declined on Friday as cautiously dovish outlook from the Bank of England and downbeat retail sales data weighed on pound. Retail sales volumes unexpectedly fell by 0.3% in February from January. Economists...

1161 1162 1163 1164 1165 1166 1167 1168 1169 1170

Economy

FxWirePro- Major Economic Events for the day

Date Time Currency Event Actual Forecast Previous Tue Nov...

Trump Media, Bakkt in 'Advanced Talks': Crypto Deal Sparks 162% Surge in Market Frenzy

Trump Media is reportedly in advanced talks to acquire Bakkt, a major cryptocurrency trading firm. The Financial Times revealed the negotiations, triggering a 162% spike in Bakkts stock price and a 15% boost in Trump Media...

Wall Street’s Top Nvidia Bull Sounds Alarm: Shares Are 'Modestly at Risk' Amid Blackwell Setbacks

Wall Streets leading Nvidia bull has raised concerns over the stocks future, citing overheating Blackwell systems and a shaky semiconductor sector. With earnings on the horizon, investor sentiment grows increasingly...

'Time to Fade the Trump Trade!' Market Experts Warn of Major Economic Shifts in 2025

Economic experts are sounding the alarm over the optimism surrounding President-elect Donald Trumps anticipated economic policies. According to a report from BCA Research, the market may be overestimating the impact of...

S&P 500 to Surge Backloaded in 2025: UBS Predicts 6,400 Milestone Amid Global Growth Headwinds

UBS strategists predict the SP 500 will close 2025 at 6,400, driven by backloaded returns. Despite early-year challenges, U.S. equities are expected to outperform global counterparts, particularly European and emerging...

Politics

Kamala Harris Campaign Faces Scrutiny Over Alleged Media Payments Before Key Interviews: 'Shocking Conflict Allegations Emerge'

In a developing controversy, Vice President Kamala Harris campaign is under fire after reports surfaced suggesting that her team allegedly made significant financial contributions to organizations affiliated with media...

Nancy Mace's Bold Capitol Move: A Ban on Transgender Women in Women’s Restrooms Sparks Fiery Debate

Rep. Nancy Mace, R-S.C., has announced plans to introduce a measure that would bar transgender women from using womens restrooms within the U.S. Capitol. The proposal has immediately drawn polarized reactions, with...

Trump’s Pick for Transportation Secretary Sparks Outrage: 'Sean Duffy Plans to Axe DEI Initiatives for Pilots'

Former Wisconsin congressman Sean Duffy has been tapped by President-elect Donald Trump to serve as the next Secretary of Transportation. Duffys nomination has already generated significant controversy due to his public...

Trump Campaign Declares Legal War: Chris LaCivita Promises 'Jail Time' Over Alleged Illegal Ballot Counting in Pennsylvania

Former President Donald Trumps campaign manager, Chris LaCivita, has ignited a legal firestorm, alleging that officials in Bucks County, Pennsylvania, knowingly counted illegal ballots during the 2024 election. In an...

Shockwaves Through Pennsylvania as Supreme Court Sides With RNC: Undated Ballots Will Not Count

The Pennsylvania Supreme Court has once again ruled in favor of the Republican National Committee (RNC), upholding the decision that undated mail-in ballots cannot be counted. This ruling, delivered amid heated debates...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Trump Meets Coinbase CEO Brian Armstrong for Key Appointment Talks — WSJ

President-elect Donald Trump has reportedly met with Coinbase CEO Brian Armstrong to discuss personnel appointments that could influence cryptocurrency regulations, according to the Wall Street Journal. The meeting signals...

China’s Xi Jinping at G20: AI Cannot Be a 'Game of Rich Countries,' Xinhua Reports Bold Speech

At the G20 Summit, Chinas Xi Jinping delivered a sharp critique of global AI inequity, declaring it cannot be a game of rich countries. Xi vowed to bolster the Global South with new initiatives and condemned green...

XRP Set to Soar: Peter Brandt Signals Massive Rally with Bullish Coil Pattern

Veteran trader Peter Brandt forecasts a substantial surge in XRPs price, pointing to a bullish coil pattern that suggests the cryptocurrency is ready for a massive rally. With XRP clearing its 2023 high and approaching key...

OpenAI's o1 Model Under Fire as AI 'Godfather' Calls for 'Much Stronger Safety Tests'

OpenAIs new o1 Model, acclaimed for its human-like reasoning, is under scrutiny as AI pioneer Yoshua Bengio calls for much stronger safety tests. Concerned about the models potential to deceive, Bengio emphasizes the...

Dogecoin Panic: Millions in Limbo as Wallet Shutdown Triggers Urgent Scam Warning

Millions of Dogecoin holders risk losing their funds as Dogechain.info shuts down, prompting an urgent warning from a top developer. Users must act before Dec. 31 to secure their private keys, with scammers exploiting the...