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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Sep 21, 2024 05:43 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: USD/CAD breach below 38.2% Fibos to extend 2-years lows, more slumps on cards upon bearish DMA crossover – Tunnel spreads for trading

Sep 06, 2017 10:45 am UTC| Technicals

USDCAD slides in corrective mode even after retracing 38.2% Fibonacci levels, it is currently extending 2-years lows at 1.2385 levels. We foresee more slumps upon bearish DMA and EMA crossover on both daily and monthly...

FxWirePro: GBP/AUD breaks above 20-DMA, good to go long on dips

Sep 06, 2017 10:41 am UTC| Technicals

GBP/AUD shows break above 20-DMA at 1.63, intraday bias higher. The pair is trading in a downward sloping channel, but bullish Stochs divergence keeps scope for upside. Break above 20-DMA likely to see test of...

FxWirePro: AUD/NZD finds strong support at 1H 200-SMA (1.1022), good to go short on break below

Sep 06, 2017 09:15 am UTC| Technicals

AUD/NZD is extending downside for 3rd consecutive session, trades below 5-DMA. Upside remains capped below major trendline resistance at 1.1150, only breakout above could see extension of upside. RSI and Stochs...

FxWirePro: GBP/USD hits one month high, good to buy on dips

Sep 06, 2017 09:05 am UTC| Technicals

GBP/USD continuing its rally and hits one month high after breaking psychological resistance 1.3000 level yesterday. Cable jumped till 1.30480 highest since Aug 11th in spite of weaker than expected data in construction...

FxWirePro: Silver trades in narrow range, downside limited

Sep 06, 2017 08:35 am UTC| Technicals

XAG/USD is currently trading around $17.90 marks. It made intraday high at $17.92 and low at $17.85 levels. Intraday bias remains bullish till the time pair holds key support at $17.65 mark. A daily close...

FxWirePro: AUD/CAD rejected at highs, cloud weighs on upside, good to short rallies

Sep 06, 2017 08:15 am UTC| Technicals

AUD/CAD rejected at session highs at 0.9926, slips lower to currently trade at 0.9894. Aussie dented after markets were disappointed as Q2 GDP was in line with forecasts. Expectations of an upbeat print were...

FxWirePro: USD/ZAR remains well supported below 13.00 mark, bias remains neutral

Sep 06, 2017 07:55 am UTC| Technicals

USD/ZAR is currently trading around 12.92 levels. It made intraday high at 12.93 and low at 12.89 levels. Intraday bias remains neutral for the moment. A daily close above 12.89 will take the parity...

4381 4382 4383 4384 4385 4386 4387 4388 4389 4390

Economy

Asian Markets Extend Rally as Yen Strengthens with Bank of Japan Holding Steady

Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank of Japan upheld its monetary policy. The MSCI Asia-Pacific index rose 0.6%, driven by Wall...

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Merrick Garland 2024: Age, Family, Net Worth, and Political Career Revealed

Merrick Garland, the current U.S. Attorney General, continues to be a central figure in American legal and political discussions as 2024 approaches. Garland, known for his decades-long judicial career and his role in...

Mitch McConnell 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, Senate Minority Leader Mitch McConnell remains a pivotal figure in American politics, continuing to exert significant influence over the Republican Partys direction. With decades of experience in the...

Chuck Schumer 2024: Age, Family, Net Worth, and Political Career Analyzed

Senate Majority Leader Chuck Schumer remains a dominant force in U.S. politics as 2024 approaches, with his leadership shaping key legislative battles and party strategy. With a long tenure in public service, Schumer is a...

Hakeem Jeffries 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, all eyes are on Hakeem Jeffries, a rising figure in the Democratic Party and a potential key player in the political landscape. With his increasing prominence, Jeffries has garnered significant...

Did Melania Trump Cheat on Donald Trump?

Rumors of infidelity have long been a staple in the world of high-profile marriages, and the latest speculation surrounding former First Lady Melania Trump is no exception. Whispers of an alleged affair between Melania and...

Science

Starlink Aviation Expands to 2,500 Aircraft After United Airlines Partnership

SpaceXs Starlink Aviation service is expanding rapidly, with 2,500 aircraft now under contract after a recent agreement with United Airlines. This marks a significant milestone in in-flight connectivity, as Starlink...

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

Tesla and BYD Win Big as EU and China Agree to Slash EV Import Tariffs

In a significant development, the EU and China have agreed to lower tariffs on electric vehicles, benefiting Tesla and BYD. The move follows intense discussions about pricing and potential subsidies impacting the European...

Elon Musk Accused of Disabling Cybertruck Used in Ukraine-Russia War by Chechen Leader

Ramzan Kadyrov, the Chechen leader, alleges that Elon Musk remotely disabled his Tesla Cybertruck during its use in the Ukraine-Russia war, adding another twist to the ongoing controversy surrounding the vehicles presence...

BlackRock Bitcoin ETF Options Debut on Nasdaq After SEC Approval, Ushering in New Trading Era

The SEC has approved options trading for BlackRocks iShares Bitcoin ETF on the Nasdaq, marking the first spot Bitcoin ETF with options in the U.S., potentially transforming Bitcoin risk management for institutional...

Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level

Shiba Inu witnessed a 115% rise in whale activity, pushing its price to $0.0000145. The surge signals strong investor confidence as SHIB approaches a critical resistance level. Every day brings a new twist to the Shiba...

Bitcoin Rumor Ignites: Michael Saylor of MicroStrategy Hints US Banks to Custody Bitcoin

Michael Saylor, CEO of MicroStrategy, has stirred the crypto world by revealing credible rumors that major US banks may soon provide Bitcoin custody services, potentially revolutionizing the intersection of traditional...