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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Jun 17, 2026 09:05 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

CHFJPY continues to trade higher, any break above 111.27 targets 112.20

Mar 27, 2019 09:44 am UTC| Technicals

As per our analysis CHFJPY is trading higher for 3rdconsecutive day and jumped nearly 90 pips from low of 110.36.The pair has formed temporary top around 111.95 and shown a 150 pips decline. The yen was trading slightly...

USDCHF upside capped by 89 day EMA, dip till 0.9990 likely

Mar 27, 2019 09:43 am UTC| Technicals

Major support - 0.9900 USDCHF has shown a minor jump of more than 50 pips from yesterdays high of 0.99158. It hits high of 0.99663 for the day and shown a minor decline.It has lost more than 200 pips from top formed...

FxWirePro: USD/ZAR touches 14.50 mark, stay bullish

Mar 27, 2019 08:11 am UTC| Technicals

USD/ZAR is currently trading around 14.50 levels. It made intraday high at 14.50 and low at 14.37 levels. Intraday bias remains bullish till the time pair holds key support at 14.37 mark. A daily close...

FxWirePro: USD/JPY trades sideways around 50-DMA, focus on U.S. GDP data for further impetus

Mar 27, 2019 08:03 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY is trading in an extremely narrow range, with session highs at 110.67 and lows at 110.40. The major is comatose around 50-DMA currently at 110.49, bias is neutral. Price...

FxWirePro: FTSE100 trades above 300- day EMA,jump till 7290 likely

Mar 27, 2019 08:02 am UTC| Technicals

FTSE100 is trading higher after a major sell-off of more than 120 points from high of 7371. The sell-off was mainly due to fear of recession in US. US 10 year yield hits 2.37% lowest since Dec 2017.All major stock market...

FxWirePro: Chinese yuan trades almost flat against U.S. dollar, PBOC sets yuan mid-point at 6.7141

Mar 27, 2019 06:50 am UTC| Technicals

USD/CNY is currently trading around 6.7150 marks. It made intraday high at 6.7177 and low at 6.7111 levels. Intraday bias remains neutral for the moment. A sustained close above 6.7210 marks will test key...

FxWirePro: GBPJPY upside capped by 20 day MA, markets eye Brexit vote for further direction

Mar 27, 2019 06:29 am UTC| Technicals

GBPJPY trading higher yesterday and jumped more than 150 pips after a good recovery in Cable on positive Brexit news. Jacob Rees-Mogg who heads pro-Brexit hinted that he will support Mays Brexit deal.GBPUSD hits high of...

4271 4272 4273 4274 4275 4276 4277 4278 4279 4280

Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

Global oil prices edged lower on Wednesday, extending losses from the previous two sessions as investors continued to evaluate the impact of a newly announced U.S.-Iran peace agreement. However, uncertainty surrounding the...

Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

Asian stock markets mostly moved higher on Wednesday, led by gains in Japan and Singapore, as investors awaited the U.S. Federal Reserves latest policy decision. Strong performance in technology and semiconductor stocks...

ASX Proposes New Share Dilution Limits for Public Takeovers

The Australian Securities Exchange (ASX) has unveiled significant proposed reforms aimed at strengthening shareholder protections and limiting share dilution during public takeovers and mergers. Under the draft rules...

Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

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

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...