Menu

Search

FxWirePro: AUD/NZD bulls test channel support, major trend still stuck in range – Trade one touch call and short hedge

Oct 12, 2018 06:56 am UTC| Technicals

Chart and candlestick patterns formed:TheAUDNZDbulls are attempting to make upside traction in both the minor trend and major consolidation phase. In this process, the minor trend has been spiking through rising channel...

FxWirePro: USD/ZAR breaks key support at 14.50 mark, bias remains bearish

Oct 12, 2018 06:55 am UTC| Technicals

USD/ZAR is currently trading around 14.50 levels. It made intraday high at 14.63 and low at 14.49 levels. Intraday bias remains slightly bearish for the moment. A daily close above 14.62 will take the...

FxWirePro: GBP/CAD consolidates trendline break, eyes 200-DMA at 1.7377

Oct 12, 2018 06:35 am UTC| Technicals

GBP/CAD chart on Trading View used for analysis GBP/CAD is consolidating breakout above Sloping Triangle pattern. Price action is now above major EMAs and 5-DMA is sharply higher. The pair is currently...

FxWirePro: Gold jumped more than $25 yesterday on global stock meltdown, good to buy on dips

Oct 12, 2018 05:52 am UTC| Technicals

Major resistance- $1217(89- day EMA) The major three factors that drive gold prices US dollar Index: weak. DXYis trading weak for third consecutive day and has declined more than 100 pips from the high of 96.16.The...

FxWirePro: EUR/GBP finds stiff resistance at 0.8771, break above could see further upside

Oct 12, 2018 05:34 am UTC| Technicals

EUR/GBP chart on Trading View used for analysis EUR/GBP is extending correction for the 2nd straight session. The pair has bounced off 78.6% Fib support and is trading 0.11% higher on the day. Price has...

FxWirePro: Indian rupee reverses previous loss against U.S. dollar, India’s manufacturing output data in focus

Oct 12, 2018 05:34 am UTC| Technicals

USD/INR is currently trading around 73.55 marks. It made intraday high at 73.82 and low at 73.49 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 73.82 mark. Key...

FxWirePro: Taiwanese dollar strengthens shaply against U.S. dollar, downside limited

Oct 12, 2018 05:15 am UTC| Technicals

USD/TWD is currently trading around 30.83 marks. It made intraday high at 31.04 and low at 30.83 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.05 mark. A daily close...

  4401 4402 4403 4404 4405 4406 4407 4408 4409 4410   

Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election

Asian stock markets mostly declined on Friday, tracking sustained losses in global technology shares and a weak lead from Wall Street, while Japanese equities managed to stabilize ahead of a closely watched national...

Politics

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

Norways economic crime police unit, Økokrim, has opened an investigation into former prime minister and former Norwegian Nobel Committee chairman Thorbjoern Jagland on suspicion of aggravated corruption, authorities...

Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

Iran and the United States are preparing for high-stakes nuclear negotiations in Oman on Friday, but deep disagreements over the agenda and escalating regional tensions suggest that meaningful progress will be difficult....

Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

U.S. President Donald Trump reportedly offered to release frozen federal funding for the $16 billion Gateway Hudson River tunnel project in exchange for Democratic Senator Chuck Schumers support for renaming Washington...

TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans

U.S. President Donald Trump has launched a new website called TrumpRx, aimed at helping Americans lower their prescription drug costs by offering discounted prices for those who prefer to pay cash instead of using health...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
  • Market Data
Close

Welcome to EconoTimes

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