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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Nov 20, 2024 10:33 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: DXY Intraday trade idea

Dec 17, 2021 09:09 am UTC| Technicals

Short term trend Bearish Intraday trend Bearish Ichimoku Analysis (4-Hour chart) Tenken-Sen- 96.21 Kijun-Sen- 96.37 US Dollar index is trading weak for third consecutive days despite hawkish US Fed. The...

FxWirePro- GBPJPY Daily Outlook

Dec 17, 2021 08:07 am UTC| Technicals

Short-term resistance -152.70 Intraday support- 150.80 GBPJPY surged sharply after the Hawkish Bank of England. The central bank has surprised markets by raising rates from a record low of 0.10% to 0.25% due...

FxWirePro- Gold Daily Chart

Dec 17, 2021 07:17 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- $1779.47 Kijun-Sen- $1779.47 Gold recovered sharply above $1800 on Omicron fears and declining yields. France has banned travelers from Britain due to a surge in the...

FxWirePro: USD/JPY extends weakness, BOJ leaves policy unchanged, decides to taper pandemic-stimulus after March

Dec 17, 2021 05:39 am UTC| Technicals

Chart - Courtesy Trading View The Bank of Japan (BOJ) left its policy settings unadjusted at -0.1% once again but decided to scale back pandemic stimulus upon reaching March 2022 deadline. USD/JPY remained largely...

FxWirePro: EUR/NZD eyes fibo resistance after rallying off from 1.6550

Dec 17, 2021 00:52 am UTC| Technicals

EUR/NZD strengthened after initially falling on Thursday as BoE surprise rate hike and ECB statement drove the pair higher. The pair is currently approaching resistance at 38.2%fib. A break and daily close above will...

FxWirePro:GBP/NZD rebounds after Bank Of England surprise, good to buy on dips

Dec 17, 2021 00:15 am UTC| Technicals

GBP/ NZD initially eased on Thursday but rebounded strongly as pound rise was aided by surprise Bank of England rate hike. Bank of England unexpectedly raised its policy rate by 15 basis points as inflation pressures...

FxWirePro:GBP/AUD soars above key fibo after BoE raises rates by 15 bps

Dec 16, 2021 18:05 pm UTC| Technicals

GBP/ AUD initially dipped on Thursday but recovered ground as GBP got a boost after a surprise rate hike from the Bank of England. Britain became the first G7 economy to hike rates since the onset of the pandemic. ...

1301 1302 1303 1304 1305 1306 1307 1308 1309 1310

Economy

Anticipation of Inflation Trends: What Today’s CPI Data Means for the Market

The UK. Consumer Price Index (CPI) data is set to be released today, and its an important indicator for understanding inflation trends and potential changes in the BOE monetary policy. Headline CPI: Expected to rise...

FxWirePro- US Jobless Claims Preview

In the week ending November 9, 2024, initial jobless claims in the U.S. fell to 217,000, down from 221,000 the week before. This is the lowest number of claims since May and is much lower than the expected increase to...

FxWirePro- Major economic events for the day

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

Anticipation of Inflation Trends: What Today’s CPI Data Means for the Market

The U.S. Consumer Price Index (CPI) data is set to be released today, and its an important indicator for understanding inflation trends and potential changes in the Federal Reserves monetary policy. Analysts expect the...

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...

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...

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...

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...