Menu

Search

FxWirePro: Forex Weekly Update 

Dec 18, 2023 04:34 am UTC| Technicals

The US dollar index direction was determined by previous Fed monetary policy. The policymaker kept its rates unchanged as expected and trimmed the forecast of GDP growth and inflation. Fed dot plot shows that there will 3...

FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside

Dec 16, 2023 00:09 am UTC| Technicals

GBP/AUD declined on Friday as slightly stronger Australian dollar and mixed UK PMI data weighed on sterling. Next week market participants will be closely observing the inflation data in the UK and the core personal...

FxWirePro: GBP/NZD reverses recent rally, bias back to downside

Dec 15, 2023 23:46 pm UTC| Technicals

GBP/NZD dipped on Friday as the pair erased about half of Thursdays gains following conflicting UK PMI data. The SP Global/CIPS UK Composite PMI - spanning services and manufacturing firms - rose to 51.7. Meanwhile...

FxWirePro: EUR/AUD drifts lower,could be on verge of a bigger drop

Dec 15, 2023 18:59 pm UTC| Technicals

EUR/AUD declined on Friday as disappointing Eurozone business activity data weighed on euro. The Eurozones preliminary HCOB Mfg PMI held firm at 44.2, contrary to market expectations of a 44.6 reading. Eurozone mfg...

FxWirePro:EUR/NZD succumbs to bearish forces after Eurozone business activity downturn deepens in December

Dec 15, 2023 17:16 pm UTC| Technicals

EUR/NZD declined on Friday as euro attracted sellers after data showed business activity in the euro zone experienced a deeper downturn in December. HCOBs preliminary Composite PMI, as compiled by SP Global, declined...

FxWirePro-Major pair levels and bias summary

Dec 15, 2023 12:48 pm UTC| Technicals

Major pair levels and bias...

FxWirePro:GBP/NZD rebounds as dip buying emerge after BoE rate decision

Dec 14, 2023 23:49 pm UTC| Technicals

GBP/ NZD rebounded on Thursday as dip buying emerged following the Bank of Englands decision to maintain steady rates and resisted rate cuts in early 2024 The Bank of England decided to keep interest rates unchanged...

  361 362 363 364 365 366 367 368 369 370   

Economy

Oil Prices Steady Amid Global Tensions and Economic Signals from China and the U.S.

Oil Prices Hold Steady After Recent Surge Oil prices stabilized in Asian trading on Tuesday, following sharp gains as investors await economic and political signals from the U.S. and China. This shift comes after the...

Australia’s Central Bank Holds Interest Rates Steady Amid Inflation Concerns

Australias Central Bank Maintains 4.35% Interest Rate Amid Persistent Inflation RBA Holds Rates, Monitoring Inflation Risks The Reserve Bank of Australia (RBA) kept its interest rate unchanged at 4.35% in its...

Reserve Bank of Australia Holds Rates Steady Amid Inflation Concerns

RBA Holds Rates Steady, Emphasizes Inflation Concerns The Reserve Bank of Australia (RBA) left its benchmark interest rate unchanged at 4.35% on Tuesday, signaling a sustained restrictive monetary stance due to...

Nikkei 225: Bracing for Impact Amid Trump and Harris Election Fallout

The Nikkei 225 index trades flat ahead of US election. It hit a high of $38576 at the time of writing and is currently trading around 38561. If Donald Trump wins the next U.S. presidential election, it could greatly...

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 5th2024 3:30 am AUD Cash...

Politics

Bitcoin May Never Break Below $60K Again, Economist Claims; Post-Election Rally in Focus

Economist Alex Krger posits that Bitcoin may never drop below $60,000, with market anticipation building around a post-election rally. Analysts predict that this political momentum could push Bitcoins value higher by 2024,...

Donald Trump Is The Winner? Poll Shows Ex-POTUS Leading in Key States! ‘It’s a Dead Heat!’ Ties in North Carolina and Wisconsin Add Election Day Suspense

As the 2024 general election nears its conclusion, a new poll from HarrisX reveals a tight race across key battleground states, with Donald Trump showing a narrow lead in several historically competitive regions. According...

GOP Swiftly Resupplies Luzerne County Precincts! ‘Putting Out Small Fires Before They Spiral!’ Election Integrity Team Mobilizes to Prevent Disruptions

In a coordinated effort to ensure election integrity, the Republican Partys election operations team sprang into action earlier today in Luzerne County, Pennsylvania, upon learning that several precincts were running low...

Stephen Curry Endorses Kamala Harris for President! ‘America Needs Her Leadership Now!’ NBA Star’s Support Sparks Heated Reactions Online

NBA star Stephen Curry has officially endorsed Vice President Kamala Harris in her bid for the presidency, lending his high-profile support to the 2024 race. Curry, a four-time NBA champion and beloved figure both on and...

Science

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...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

Tesla Abandons $25K Car Plans, Targets Autonomous Cybercab by 2026

Tesla CEO Elon Musk confirmed the company has scrapped its plan for a $25,000 electric vehicle for human drivers, stating the project is pointless without full autonomy. Tesla now aims to produce the fully autonomous...

$814M in XRP Transfers Spark Whale Accumulation Rumors as Market Awaits SEC Update

In a series of three large transactions, whales transferred over 1.6 billion XRPvalued at $814 millionto unknown wallets. These moves, signaling potential accumulation by high-net-worth investors, coincide with growing...

Shiba Inu Eyes Golden Cross Surge as Bulls Power Up 40% Trading Volume Spike

Shiba Inu (SHIB) is charging ahead with a 40% rise in trading volume, signaling revived bullish momentum as it nears a golden cross formation. This potential technical breakout could spark further gains, with SHIBs price...

BYD’s Record-Breaking Sales Fuel Massive Hiring Surge Amid Rapid EV Production Expansion

Chinese EV giant BYD has ramped up hiring efforts, adding nearly 200,000 employees to meet record-breaking demand following its Q3 sales surge. With 1.1 million new energy vehicles sold, BYDs quarterly revenue exceeded...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.