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

Become a contributor

Bookmark Econotimes

Technicals

Mon, Jun 08, 2026 04:56 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/KRW remains well supported above 1,320 mark, bias turns bullish again

Apr 10, 2020 02:33 am UTC| Technicals

EUR/KRW is currently trading around 1,326 mark. It made intraday high at 1,327 and low at 1,321 levels. Intraday bias remains bullish till the time pair holds key support at 1,318 mark. A sustained close...

FxWirePro: EUR/NZD advantage bears but major supports holds, downside risk remains

Apr 09, 2020 18:35 pm UTC| Technicals

EUR/NZD declined on Thursday as commodity-linked New Zealand dollar gained on hopes that OPEC and other crude producers agree to cut output. The Organization of the Petroleum Exporting Countries (OPEC) and allies...

FxWirePro:GBPNZD pauses decline, critical support lies ahead

Apr 09, 2020 17:15 pm UTC| Technicals

GBP/NZD declined on Thursday as commodity-linked New Zealand dollar gained on hopes that major producers would agree to cut output. The pair fell to a low of 2.0510 in US trading and was last down 0.32% on the day at...

FxWirePro: Major Pair levels and bias ummary

Apr 09, 2020 16:56 pm UTC| Technicals

Major Pair levels and bias...

FxWirePro: EUR/AUD heads deeper into bear territory, bears plotting path toward 1.7000

Apr 09, 2020 15:18 pm UTC| Technicals

EUR/AUD declined on Thursday as riskier currencies like Australian dollar continued to gain on cautious hopes that coronavirus pandemic is peaking. On top of hopes of a peak in the epidemic, commodity-linked currencies...

FxWirePro: USDCHF breaks trend line support, dip till 0.9590 likely

Apr 09, 2020 14:50 pm UTC| Technicals

Ichimoku Analysis (4- hour chart) Tenken-Sen- 0.96998 Kijun-Sen- 0.96998 USDCHF trades lower and lost more than 50 pips for the day on broad-based US dollar selling. The decline came after the Fed has...

FxWirePro: USDCAD trades weak after Fed injects $2.3 trillion, good to sell on rallies

Apr 09, 2020 14:19 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.40470 Kijun-Sen- 1.40345 USDCAD declined once again after hitting a high of 1.40778 at the time of writing. The decline was mainly due to broad-based US...

3411 3412 3413 3414 3415 3416 3417 3418 3419 3420

Economy

Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence

Indonesias central bank and finance ministry have agreed to increase yields on Indonesian financial assets in an effort to attract foreign portfolio inflows and strengthen the rupiah, which has recently fallen to record...

Asian Currencies Stabilize as Strong U.S. Jobs Data Boosts Dollar and Fed Rate Hike Expectations

Asian currencies traded mostly steady on Monday after suffering losses in the previous session, as investors assessed the implications of stronger-than-expected U.S. employment data and rising geopolitical tensions in the...

China’s Cross-Border E-Commerce Faces Rising Costs and Slower Growth in 2026

Chinas low-cost e-commerce sector is facing growing challenges as higher air freight expenses and weakening consumer demand in Western markets put pressure on major online retailers such as Temu, Shein, and AliExpress. The...

Dollar Near Two-Month High as Strong U.S. Jobs Data Boosts Fed Rate Hike Expectations

The U.S. dollar remained close to a two-month high on Monday after a stronger-than-expected U.S. jobs report increased market expectations that the Federal Reserve could raise interest rates later this year. The upbeat...

South Korea Stocks Tumble as KOSPI Triggers Circuit Breaker Amid Chip Selloff and Middle East Tensions

South Koreas benchmark stock index suffered a sharp decline on Monday, with the KOSPI plunging more than 8% and triggering a market-wide circuit breaker as investors reacted to a global semiconductor stock selloff and...

Politics

Peru Presidential Election Too Close to Call as Ipsos Quick Count Shows Statistical Tie

Perus presidential election remains on a knife-edge after an early Ipsos quick count showed Roberto Sanchez holding a narrow lead over Keiko Fujimori, highlighting one of the closest presidential races in the countrys...

Trump Says Iran Sanctions and Frozen Assets Will Remain Until Peace Deal Is Reached

U.S. President Donald Trump has stated that the United States will not unfreeze Iranian assets or lift sanctions on Iran until a formal peace agreement is finalized. In an interview with NBC News Meet the Press, Trump...

Trump Urges Restraint as Israel-Iran Tensions Threaten Fragile Peace Talks

U.S. President Donald Trump has reportedly urged Israeli Prime Minister Benjamin Netanyahu not to launch a retaliatory strike against Iran following a new missile exchange that threatens ongoing efforts to secure a broader...

Xi Jinping Visits North Korea as Kim Jong Un Strengthens Position with Russia and Nuclear Expansion

Chinese President Xi Jinping arrived in Pyongyang for a two-day state visit, marking his first trip to North Korea in seven years. The visit comes as North Korean leader Kim Jong Un appears increasingly confident, backed...

Starmer Hosts Zelenskiy, Macron and Merz for Ukraine Peace and Security Talks in London

British Prime Minister Keir Starmer welcomed Ukrainian President Volodymyr Zelenskiy, French President Emmanuel Macron, and German Chancellor Friedrich Merz to Downing Street on Sunday for high-level discussions focused on...

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

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...

Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR

Frances telecom sector is on the verge of a major transformation after Bouygues Telecom, Orange, and Free, part of the Iliad Group, signed a memorandum of understanding (MoU) with Altice France to acquire telecom operator...

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....