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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Dec 20, 2025 02:31 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: NZD/USD resumes upside after brief consolidation, eyes 0.7435, good to long dips

Jan 31, 2018 06:42 am UTC| Technicals

NZD/USD pauses at minor trendline resistance at 0.7393, intraday bias higher. The pair was extending consolidation after hitting 4-month market high of 0.7436 last week. Price action has now resumed upside as...

FxWirePro: AUD/JPY on verge of extending double top at stiff resistance, major trend hovering at 50% fibos – Tunnel spreads to trade

Jan 31, 2018 06:32 am UTC| Technicals

Bears on verge of extending double top with top 1 at 89.089 top 2 at 89.071, as a result, current prices are sliding below DMAs. For now, more slumps seem to be on cards upon bearish DMA crossover, both leading ...

FxWirePro: USD/INR fails to find support above 63.82 mark, bias remains slightly bearish

Jan 31, 2018 06:26 am UTC| Technicals

USD/INR is currently trading around 63.71 marks. It made intraday high at 63.81 and low at 63.64 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 63.82 mark. Key...

FxWirePro: Gold downside capped by 20- day MA, break below confirms further weakness

Jan 31, 2018 06:21 am UTC| Technicals

Gold was shown a see- saw ride yesterday. The yellow metal has shown a jump of almost $13 and shown good selling from the yesterday high. US dollar index has declined till 88.91 after high of 89.64. Gold is currently...

FxWirePro: Gold downside capped by 20- day MA, break below confirms further weakness

Jan 31, 2018 06:21 am UTC| Technicals

FxWirePro: AUD/CHF slips below daily cloud, momentum bearish, short break below 0.7515

Jan 31, 2018 05:49 am UTC| Technicals

AUD/CHF down 0.21% on the day, trades around 0.7533 levels, bias lower. Price action has dipped below daily Ichi cloud and 38.2% Fibo at 0.7548. Momentum studies are bearish, stochs are sharply lower. RSI...

FxWirePro: AUD/USD muted around 5-DMA, bearish divergence keeps scope for downside

Jan 31, 2018 05:03 am UTC| Technicals

AUD/USD muted around 5-DMA, Aussie dented post downbeat inflation data. Australias Q4 CPI rose by 0.6 percent q/q, missing expectations for 0.7 percent rise. Annual inflation was lifts marginally to 1.9...

4971 4972 4973 4974 4975 4976 4977 4978 4979 4980

Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...