Menu

Search

FxWirePro: XAG/USD remains well supported above $18.00 mark, stay long

Sep 08, 2017 07:54 am UTC| Technicals

XAG/USD is currently trading around $18.13 marks. It made intraday high at $18.19 and low at $18.07 levels. Intraday bias remains bullish till the time pair holds key support at $17.78 mark. A daily close...

FxWirePro: EUR/CAD trades rangebound, fails to break strong support at 200-DMA

Sep 08, 2017 07:06 am UTC| Technicals

EUR/CAD has bounced off strong support at 200-DMA, we see weakness only on break below. Euro held gains after ECB began to pave way to tapering stimulus plan after leaving rates on hold. The pair is trading in a...

FxWirePro: USD/INR hits fresh 4-week low at 63.75 mark, sustained close below targets 63.48 mark

Sep 08, 2017 06:44 am UTC| Technicals

USD/INR is currently trading around 63.85 marks. It made intraday high at 63.98 and low at 63.75 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.05 marks. Key resistances...

FxWirePro: Buy Gold on Dips

Sep 08, 2017 06:32 am UTC| Technicals

Gold increased sharply almost $20 yesterday on account of weaker US dollar. The yellow metal hits fresh year high at $1357 and is currently trading around $1354.82. Euro hits 33- month high after ECB meeting....

FxWirePro: Nikkei trades lower on stronger yen, good to sell on rallies

Sep 08, 2017 06:30 am UTC| Technicals

Nikkei has declined once again after showing a minor recovery till 19482 on account of stronger yen and global equities sell off. The political uncertainty in North Korea has increased demand for safe haven assets like...

FxWirePro: NZD/USD spikes past 20-DMA at 0.7244, eyes 78.6% Fibo at 0.74, stay long

Sep 08, 2017 06:21 am UTC| Technicals

NZD/USD spikes past 20-DMA to hit 3-week highs at 0.73373, bias higher. Broad based sell-off in the greenback post US jobless claims reports which showed a sharp increase to the highest since 2015 supporting...

FxWirePro: EUR/JPY shooting star plummets rally, gravestone to bear trap, major trend retraces 50% Fibos – Long hedges on bullish leading and lagging indications

Sep 08, 2017 06:17 am UTC| Technicals

Bulls gain traction after hammer formation, Shooting star counters, and the trend has been drifting non-directional mode, while the current prices are well above 21DMAs amid gravestone doji formation. For now,...

  5521 5522 5523 5524 5525 5526 5527 5528 5529 5530   

Economy

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

Politics

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...
  • Market Data
Close

Welcome to EconoTimes

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