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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Jun 05, 2026 07:42 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: AUD/JPY extends bull run to hit new multi-month highs, on track to test 88.6% Fib at 86.83

May 10, 2021 11:26 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY extends bull run for the 3rd straight week, hits new 39-month highs at 85.69. The pair was trading at levels unseen since 5th Feb 2018, outlook strongly bullish. GMMA indicator...

FxWirePro- EURUSD Daily outlook

May 10, 2021 09:33 am UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 1.21560 Kijun-Sen- 1.21167 EURUSD is trading higher and hovering near the previous week on broad-based US dollar selling. The weak US Non-farm payroll is putting...

FxWirePro: CHFJPY Daily Outlook

May 10, 2021 09:26 am UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- 118.26 Kijun-Sen- 117.17 As per our analysis, CHF/JPY is trading on the higher side and jumped to 121.07. The broad-based buying in the Swiss franc is...

FxWirePro: EUR/CHF finds strong support at 20W MA, break below required for further downside

May 10, 2021 09:09 am UTC| Technicals

EUR/CHF chart - Trading View Technical Analysis: Bias Bearish - EUR/CHF was trading largely unchanged on the day at 1.0953 at around 09:00 GMT - The pair has formed successive spinning tops on the daily candles,...

FxWirePro- USDCHF Daily Outlook

May 10, 2021 08:54 am UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- 0.90918 Kijun-Sen- 0.92205 USDCHF is trading extremely weak for the past fifth week and lost more than 450 pips on broad-based US dollar selling. The US dollar...

FxWirePro: EUR/JPY starts the week on a bullish note, hits fresh 2 1/2 year highs at 132.38

May 10, 2021 08:47 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was trading 0.22% higher on the day at 132.31, slightly lower from session highs at 132.38. The pair has started the week on a bullish note and price action has tested new 2 1/2...

FxWirePro- GBPJPY Weekly Outlook

May 10, 2021 08:22 am UTC| Technicals

Ichimoku Analysis (Weekly Chart) Tenken-Sen- 150.97 Kijun-Sen- 144.58 GBPJPY continues to trade higher for a third consecutive week and breaks significant resistance 152.40. The pair surged mainly due to the...

2791 2792 2793 2794 2795 2796 2797 2798 2799 2800

Economy

Fitch Cuts Global Growth Outlook for 2026 as Oil Shock From U.S.-Iran Conflict Weighs on Economy

Fitch Ratings has lowered its global economic growth forecast for 2026 and increased its crude oil price projections, citing the ongoing economic fallout from the U.S.-Iran conflict. The ratings agency warned that elevated...

Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate

Indonesias central bank, Bank Indonesia (BI), is set to prepare new technical regulations following the approval of a major financial system law that significantly expands its mandate. The move comes after Indonesias...

UK House Prices Slip for Third Straight Month as Borrowing Costs and Iran Conflict Weigh on Demand

British house prices unexpectedly declined in May, marking the third consecutive monthly drop and signaling a cooling UK housing market as higher borrowing costs and geopolitical uncertainty continue to dampen buyer...

RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks

The Reserve Bank of India (RBI) has decided to keep its benchmark repo rate unchanged at 5.25%, in line with market expectations, while lowering its economic growth forecast due to increasing global and domestic...

US Dollar Poised for Weekly Gain as Middle East Tensions and Payroll Data Boost Market Focus

The U.S. dollar remained stable on Friday and was on track to post a weekly gain as escalating tensions in the Middle East strengthened expectations of higher inflation and potentially elevated interest rates in the months...

Politics

Trump Forced Labour Tariff Plan Faces Criticism as Experts Question Effectiveness

President Donald Trumps proposed tariffs targeting countries accused of failing to combat forced labour are drawing criticism from trade experts, business organizations, and human rights advocates, who argue the measures...

Putin Says Ukraine War Could End Through Compromise as Russian Forces Continue Advances

Russian President Vladimir Putin reaffirmed Russias hardline position on the Ukraine war, stating that Russian troops continue to make battlefield gains while signaling that a peace agreement remains possible if Kyiv...

Colombia Election 2026: Ivan Cepeda Shifts Stance on Constitutional Reform to Court Centrist Voters

Colombias leftist presidential candidate Ivan Cepeda has softened his position on creating a constituent assembly ahead of the June 21 runoff election, signaling a strategic move to attract centrist voters and broaden...

Kennedy Center Ordered to Remove Trump Name Following Federal Court Ruling

The John F. Kennedy Center for the Performing Arts has instructed staff to remove references to President Donald Trump from official materials after a federal court ruled that the renowned Washington, D.C., institution...

US Sanctions Cuban President Miguel Diaz-Canel and Key Officials Amid Rising Tensions

The United States has imposed new sanctions on Cuban President Miguel Diaz-Canel, along with several individuals and entities linked to Cubas government, according to information published by the U.S. Treasury Department....

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

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....

Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion

Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...

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...