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

Become a contributor

Bookmark Econotimes

Technicals

Mon, Jun 01, 2026 06:49 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Top altcoins for the day (Strength index) (MAGICUSD)

Feb 06, 2023 09:41 am UTC| Technicals

Pair Value Recommendation MAGICUSD 353.35 Strong Buy Trends and levels to watch Pair Short-term trend Long-term rend Major resistance Major...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (USDJPY) for the day)

Feb 06, 2023 09:01 am UTC| Technicals

Pair Value Recommendation USDJPY 281.50 Buy USDJPY Major resistance-132.60 Near-term support- 131.45 Trend reversal level- 129.80 Above (-150):Sell Above (-300):...

FxWirePro- EURUSD Daily Outlook

Feb 06, 2023 08:31 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.08588 Kijun-Sen- 1.09051 EURUSD lost its shine after the US Nonfarm payroll. The US economy has added 517000 jobs in Jan vs . the forecast of 185000. The...

FxWirePro- GBPJPY Daily Outlook

Feb 06, 2023 08:07 am UTC| Technicals

GBPJPY lost its shine on the weak pound sterling. It hits an intraday low of 158.73 and is currently trading around 158.68. GBPUSD- Trend- Bearish The pound sterling declined more than 200 pips after upbeat US...

FxWirePro: USD/JPY extends Friday's NFP-led gains, 21-EMA breakout opens upside

Feb 06, 2023 07:57 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: USD/JPY was trading 0.40% higher on the day at 131.69 at around 07:45 GMT. Previous Weeks High/ Low: 131.20/ 128.08 Previous Sessions High/ Low: 131.20/...

FxWirePro- Gold Weekly outlook

Feb 06, 2023 06:04 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1862.85 Kijun-Sen- $1787.35 Gold pared most of its gains after the upbeat US Non-Farm payroll. The US economy added 517000 jobs in Jan, much higher...

FxWirePro: EUR/JPY opens the week with a bullish gap, broad-based yen weakness supports

Feb 06, 2023 05:52 am UTC| Technicals

Chart - Courtesy Trading View The Japanese Yen has opened the week on a dovish note, plummets against crosses across the board. EUR/JPY opened with a bullish gap open and is trading 0.45% higher on the day at 142.19...

1851 1852 1853 1854 1855 1856 1857 1858 1859 1860

Economy

Asian Currencies Hold Steady as U.S. Dollar Gains on Inflation and Middle East Concerns

Asian currencies traded within narrow ranges on Monday as investors closely monitored ongoing geopolitical tensions in the Middle East and rising inflation risks that could keep U.S. interest rates higher for longer. The...

Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions

Former U.S. Federal Reserve Chair Jerome Powell has issued a strong warning about the dangers of political interference in the Federal Reserve, while urging Americans to protect key democratic institutions. Powell made the...

Asian Stocks Climb as AI Optimism Boosts Tech Shares; South Korea Leads Gains

Asian stock markets mostly advanced on Monday as strong investor confidence in artificial intelligence (AI) fueled gains in technology shares, helping markets look beyond ongoing uncertainty surrounding a potential...

Trump, Syrian President Sharaa Discuss Sanctions Relief and Economic Recovery in Phone Call

Syrian President Ahmed al-Sharaa and U.S. President Donald Trump held a phone conversation focused on Syrias economic recovery, the future of U.S. sanctions, and the latest developments in the Middle East, according to a...

US Stock Futures Rise as Hopes Grow for U.S.-Iran Peace Deal

U.S. stock index futures moved higher on Sunday evening as investors remained optimistic that a potential peace agreement between the United States and Iran could be reached soon. Ongoing diplomatic discussions between the...

Politics

Trump Says Iran Wants U.S. Deal as Tensions Continue Amid Ongoing Conflict

U.S. President Donald Trump said Monday that Iran is eager to reach an agreement with the United States, expressing confidence that a potential deal would benefit both Washington and its allies despite ongoing military...

US Tightens AI Chip Export Rules, Impacting Nvidia and AMD Sales to Chinese Firms

The U.S. Department of Commerce has introduced new restrictions aimed at closing a potential loophole in the export of advanced artificial intelligence chips to Chinese companies. The move is expected to affect major...

U.S. Launches Strikes on Iranian Drone and Radar Facilities Following MQ-1 Drone Incident

The United States military carried out targeted strikes on Iranian radar installations and drone command-and-control facilities located in Goruk and Qeshm Island over the weekend, according to a statement released by U.S....

Indo-Pacific Nations Boost Defense Cooperation as China’s Military Rise Reshapes Regional Security

Indo-Pacific countries are accelerating military modernization and strengthening regional defense partnerships as concerns grow over Chinas expanding military capabilities and uncertainty surrounding long-term U.S....

US Pushes Israel-Lebanon De-Escalation Plan as Hezbollah Tensions Escalate in Southern Lebanon

The United States is intensifying diplomatic efforts to reduce tensions between Israel and Lebanon as clashes involving Hezbollah continue to threaten regional stability. U.S. Secretary of State Marco Rubio recently held...

Science

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SoftBank Becomes Japan’s Most Valuable Company as AI-Fueled Rally Drives Shares to Record High

SoftBank Group Corp. (TYO: 9984) surged to a record high on Monday, driven by growing investor confidence in the artificial intelligence sector and the companys expanding exposure to AI-related technologies. The Japanese...

Nvidia Unveils RTX Spark AI PC Chips, Expands Challenge to Intel, AMD, and Apple

Nvidia has officially entered the Windows PC processor market with the launch of its new RTX Spark platform, unveiled by CEO Jensen Huang during his keynote presentation at COMPUTEX in Taiwan. The announcement marks a...

LG Electronics Stock Hits Record High on Nvidia AI Partnership Speculation

LG Electronics shares soared to a record high on Monday as investors reacted to growing speculation about a potential expansion of the companys artificial intelligence and robotics partnership with Nvidia. The South Korean...

Nvidia and Microsoft to Launch AI-Powered Windows PCs at Computex 2026

Nvidia and Microsoft are reportedly preparing to introduce a new generation of Windows PCs powered by Nvidia-designed processors, marking a significant step in the evolution of AI-enabled personal computing. According to...

SoftBank to Invest €75 Billion in France AI Data Center Expansion by 2031

SoftBank Group (TYO: 9984) has announced plans to invest up to 75 billion ($87.5 billion) in France to develop and operate 5 gigawatts (GW) of artificial intelligence data center capacity, marking one of the largest AI...