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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Jun 04, 2026 05:17 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- USDCHF Daily Outlook

Oct 21, 2021 09:09 am UTC| Technicals

Major Intraday resistance -0.92750 Intraday support- 0.9180 The pair continues to trade lower after a minor pullback to 0.9253. The intraday trend is still weak as long as resistance 0.92750 holds. The...

FxWirePro: GBPJPY Daily outlook

Oct 21, 2021 08:17 am UTC| Technicals

Major Intraday resistance -158.30 Intraday support- 157 GBPJPY has halted its three weeks of bullish trend as a trading firm for the past three weeks and surged more than 800 pips on the strong Pound...

FxWirePro: AUD/USD fades early gains amid US dollar rebound

Oct 21, 2021 07:51 am UTC| Technicals

AUD/USD chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator - Major trend is turning bullish, while minor trend is strongly bullish Ichimoku Analysis - Price action is above daily cloud, but...

FxWirepro: Gold Daily outlook

Oct 21, 2021 05:17 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- $1777.69 Kijun-Sen- $1779.80 Gold has recovered from inflation worries and US dollar weakness. The US dollar index is two weeks low on upbeat market sentiment....

FxWirePro:GBP/NZD maintains bearish with focus on 1.9100 level

Oct 20, 2021 22:51 pm UTC| Technicals

GBP/ NZD extended its yesterdays losses on Wednesday as improvement in global risk appetite and higher commodity prices made New Zealand dollar gain against the pound. The pair attempted to breach support at 1.9164...

FxWirePro:EUR/NZD poised at critical support, looking vulnerable

Oct 20, 2021 22:39 pm UTC| Technicals

EUR/NZD declined on Wednesday as New Zealand dollar rose as investors wagered surging inflation will hasten rate hikes. EUR/NZD bulls must regain the above 1.6236 ( 38.2%fib)to stem the bearish tide and a rise above...

FxWirePro:EUR/AUD chart bearish, looks on course for 1.5450

Oct 20, 2021 18:13 pm UTC| Technicals

EUR/AUD declined on Wednesday as improvement in global risk appetite saw riskier currencies like Australian dollar gain. At GMT 17:41, the pair was trading down 0.32 percent at 1.5507 after reaching daily low at...

2511 2512 2513 2514 2515 2516 2517 2518 2519 2520

Economy

Australia Passes Major Tax Reform Bill to Boost Housing Affordability and Cut Taxes for Workers

Australias House of Representatives has approved a landmark tax reform bill that represents the governments most significant overhaul of the tax system in decades. The legislation, designed to improve housing affordability...

Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence

Indonesias parliament has approved a sweeping new law that expands the role of Bank Indonesia in supporting economic growth while granting lawmakers greater authority to evaluate the countrys independent financial...

Asian Currencies Stabilize as U.S. Dollar Remains Strong Ahead of Key Jobs Data

Asian currencies steadied on Thursday after experiencing significant losses in the previous session, as the U.S. dollar remained close to a two-month high. Investors continued to monitor escalating Middle East tensions and...

Australia Trade Surplus Jumps in April as Iron Ore and Coal Exports Surge

Australias trade surplus rebounded strongly in April 2026, supported by a sharp increase in exports of iron ore, coal, and mineral resources. According to data released by the Australian Bureau of Statistics (ABS) on...

Gold Prices Rebound as Traders Weigh Middle East Tensions and Key U.S. Jobs Data

Gold prices edged higher during Asian trading on Thursday, recovering some losses from the previous session as investors assessed ongoing geopolitical risks in the Middle East and awaited crucial U.S. labor market data...

Politics

Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns

Meta has intensified its opposition to Australias proposed tax on major technology companies, arguing that the measure could violate the Australia-United States Free Trade Agreement and create new tensions between the...

Taiwan Urges China to Acknowledge Tiananmen Square Crackdown on 37th Anniversary

Taiwan has called on China to confront the legacy of the 1989 Tiananmen Square crackdown as the world marked the 37th anniversary of the deadly pro-democracy protests in Beijing. The appeal came from Taiwan President Lai...

Israel-Lebanon Ceasefire Raises Hopes for Wider Middle East Peace Deal

Israel and Lebanon have agreed to implement a ceasefire aimed at ending months of hostilities, according to the U.S. administration. The development has increased optimism that a broader agreement could eventually help...

US Military Strike in Eastern Pacific Kills Two in Anti-Drug Operation

The U.S. military confirmed on Wednesday that it carried out a strike against a vessel in the eastern Pacific Ocean, resulting in the deaths of two individuals. According to U.S. Southern Command (SOUTHCOM), intelligence...

Ukraine Strikes Crimea Centers as Russia-Ukraine Conflict Intensifies

Ukraine launched fresh attacks on two major centers in the Russia-annexed Crimea peninsula early Thursday, according to Kremlin-installed officials, marking another escalation in the ongoing Russia-Ukraine war. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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...

Technology

Meta Delays Release of New AI Model as API Rollout Remains Uncertain

Meta Platforms Inc. (NASDAQ: META) has reportedly postponed the release of its latest artificial intelligence model to developers several times, with no confirmed launch date currently in place. According to a Wall Street...

CrowdStrike Beats Q1 FY2027 Expectations, Raises Outlook Despite After-Hours Stock Decline

CrowdStrike Holdings (NASDAQ: CRWD) delivered stronger-than-expected first-quarter fiscal 2027 results, driven by accelerating demand for AI-powered cybersecurity solutions. The company reported robust revenue growth,...

Quantinuum Raises $1.68 Billion in Upsized Nasdaq IPO Amid Growing Quantum Computing Demand

Quantinuum, a leading quantum computing company backed by Honeywell (NASDAQ: HON), has successfully raised $1.68 billion through an upsized U.S. initial public offering (IPO), highlighting strong investor confidence in the...

Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center

Hyundai Motor, Nvidia, and the South Korean government are reportedly in the final stages of negotiations to establish a major artificial intelligence (AI) technology center in South Korea, according to a report by the...

TSMC Sees Strong AI-Driven Growth as Demand for Advanced Chips Continues to Surge

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds largest contract chipmaker, remains optimistic about its long-term growth prospects as demand for artificial intelligence (AI) computing power and advanced...