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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Nov 20, 2024 04:26 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:GBP/NZD steadies around 2.0080, retains bid tone

Jan 11, 2022 22:41 pm UTC| Technicals

GBP/NZD gained on Tuesday as GBP was supported by expectations that the Bank of England will raise interest rates further. Investors have raised expectations that the BoE will hike rates after a surprise rate hike in...

FxWirePro: GBP/AUD bulls lose traction, cannot add to overnight gains

Jan 11, 2022 22:28 pm UTC| Technicals

GBP/AUD retreated from daily high on Tuesday as Australian dollar gained on risk-on flows and higher commodity prices. GBP/AUD continues to trade sideways, bouncing between 1.8980 and 1.8880 range Any downside...

EUR/AUD losses momentum, but outlook is bullish

Jan 11, 2022 22:00 pm UTC| Technicals

EUR/AUD retreated from daily high on Tuesday as riskier currencies like asustralian dollar gained after Powell testimony. EUR/AUD traded as high as 1.5817 before falling below 1.5800 level. Currently, the 1.5730...

FxWirePro: Daily Commodity Tracker - 11th January, 2022

Jan 11, 2022 10:54 am UTC| Technicals

Daily Commodity...

FxWirePro: AUD/NZD Daily Outlook

Jan 11, 2022 10:45 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Neutral - AUD/NZD consolidates above 200-DMA, upside remains capped at 200-week MA - GMMA indicator shows major trend is bullish, while minor trend is turning...

FxWirePro: EUR/JPY finds strong support at 200-DMA, break below to see further weakness

Jan 11, 2022 10:17 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 0.20% higher on the day at 130.72 at around 09:55 GMT. The pair hovers around 200-DMA which is offering strong support at 130.52. On the data front, Industrial...

FxWirePro: EUR/GBP hits fresh multi-month lows, further downside on cards

Jan 11, 2022 09:53 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/GBP was trading 0.09% lower on the day at 0.8333 at around 08:20 GMT Previous Weeks High/ Low: 0.8418/ 0.8332 Previous Sessions High/ Low: 0.8359/...

1271 1272 1273 1274 1275 1276 1277 1278 1279 1280

Economy

How will Donald Trump’s presidency affect the stock market in 2025?

As President Donald Trump embarks on his second term in 2025, his administrations economic policies are significantly influencing the stock market, eliciting both optimism and caution among investors. Market Performance...

Housing Market Faces Harsh Reality: Mortgage Rates Hammer Single-Family Homebuilding While Multi-Family Starts Climb

U.S. single-family homebuilding plunged in October, underscoring the prolonged struggles of the housing market as high mortgage rates, hurricanes, and a supply crunch weigh heavily on the sector. According to the Commerce...

Federal Workers Fear Mass Firings as Trump, Musk, and Ramaswamy Promise Government Overhaul: 'Billions Could Be Cut!'

More than 2 million federal employees across the United States are bracing for potential upheaval as President-elect Donald Trumps administration signals a sweeping overhaul of government operations. Led by tech mogul Elon...

Huawei’s AI Chip Struggles: 7nm Tech Falls Generations Behind NVIDIA Due to US Sanctions, TSMC Blockade

Huaweis AI chip development faces a significant roadblock as US sanctions limit access to TSMCs advanced chip technologies. Struggling to move beyond 7nm tech, Huawei trails NVIDIA, widening the gap in AI hardware...

Clinton and Yellen Stand Against Trump's Budget Ax: 'The CDFI Fund Must Be Preserved at All Costs'

In a pivotal moment highlighting the ideological divide in Washington, former President Bill Clinton and Treasury Secretary Janet Yellen came together on Thursday to celebrate the 30th anniversary of the Community...

Politics

What is Donald Trump's position on AI and technology in 2025?

As President Donald Trump embarks on his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives encompass...

Donald Trump's stance on climate change in 2025

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant shifts in climate policy, eliciting widespread concern from environmentalists and international...

Donald Trump’s 2025 military spending: A closer look

As President Donald Trump prepares to commence his second term in January 2025, his administration is signaling a significant shift in defense spending priorities. Proposed budget reductions have ignited a heated debate...

How Donald Trump is reshaping NATO policies in 2025?

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant changes to the United States involvement in the North Atlantic Treaty Organization (NATO). These policy shifts...

Donald Trump’s plans for the tech industry in 2025

As President Donald Trump prepares to commence his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives...

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

$250B Bitcoin Reserve? Pompliano’s Vision to Make US the King of Crypto

Anthony Pompliano has called on the U.S. to allocate $250 billion for a Bitcoin Strategic Reserve, arguing it could stabilize the dollar and establish America as the worlds largest Bitcoin holder, a crucial step as global...

Trump Names Crypto Champion Howard Lutnick as Commerce Secretary, Signaling Digital Shift

In a move signaling support for the cryptocurrency industry, President-elect Donald Trump has chosen Howard Lutnick, a vocal crypto advocate and CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnicks appointment...

Ram’s First Electric Pickup Delayed Again: 1500 REV Aims to Redefine EV Trucks in 2025

The highly anticipated Ram 1500 REV, a flagship in electric pickups, wont roll out until 2025. Stellantis has delayed the truck to prioritize quality, citing an ambitious workload as the company develops its...

Trump to Slash Biden's EV Push: Fuel-Efficiency Standards and Tax Credits on the Chopping Block

In a bold policy shift, President-elect Donald Trumps administration plans to dismantle Biden-era regulations promoting electric vehicles (EVs) and stringent fuel-efficiency standards, sources revealthreatening to stall...

Analyst Sounds Alarm: S&P 500 and Nasdaq Set to Dive as Sell Signals Emerge

Fairlead Strategies analyst Katie Stockton warns investors of looming declines in the SP 500 and Nasdaq-100 due to key technical sell signals. While equities face potential downturns, agricultural commodities like the...