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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Apr 10, 2026 11:58 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Chinese yuan strengthens in early Asia on robust trade balance data

Apr 13, 2017 02:53 am UTC| Technicals

USD/CNY is currently trading around 6.8744 marks. It made intraday high at 6.8889 and low at 6.8729 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.90 mark. A sustained...

FxWirePro: Aussie gains against major peers on robust employment data

Apr 13, 2017 01:55 am UTC| Technicals

AUD/NZD is currently trading around 1.0830 marks. Pair made intraday high at 1.0833 and low at 1.0770 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0767 marks. A daily...

FxWirePro: South Korean won marginally lower as South Korea’s central bank keeps base rate steady at 1.25 pct

Apr 13, 2017 01:26 am UTC| Technicals

EUR/KRW is currently trading around 1,211 mark. Pair made intraday high at 1,211 and low at 1,207 levels. Intraday bias remains bullish till the time pair holds key support at 1,207 mark. A daily close below...

FxWirePro: USD/CAD heads deeper into bear territory after Bank of Canada rate decision

Apr 12, 2017 15:54 pm UTC| Technicals

The USD/CAD pair declined on Wednesday as Canadian dollar gained strength across the board after Bank of Canada held interest rate steady at 0.50 percent and offered a tentative nod to recent signals of strength in the...

FxWirePro: USD/JPY dips below lower range, bearish bias increases

Apr 12, 2017 14:09 pm UTC| Technicals

USD/JPY remained in strong bearish tone on Wednesday as demand for safe-haven yen steadied as worries over geopolitical tensions checked investors risk appetite. The Syrian conflict has been the centre of concern for...

FxWirePro : CAD/JPY Trade idea

Apr 12, 2017 12:27 pm UTC| Technicals

Major support -82 (200 day MA). CADJPY declined after showing a minor jump till 83.37 on Apr 10th 2017. The pair is still weak as long as resistance 83.50 (trend line joining 87.72 and 85.89) holds. The near term...

FxWirePro:Buy EUR/USD on dips

Apr 12, 2017 12:25 pm UTC| Technicals

Major intraday support 1.05900 (trend line joining 1.05694 and 1.05786). Major intraday resistance 1.06480 (23.6% retracement of 1.09058 and 1.05694). EURUSD has recovered slightly till 1.06298 yesterday after...

5881 5882 5883 5884 5885 5886 5887 5888 5889 5890

Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

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

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 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...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...