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

Become a contributor

Bookmark Econotimes

Technicals

Fri, Nov 01, 2024 03:33 PM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Execute bull calendar put spread on NZD/USD hedging

Oct 05, 2015 08:42 am UTC| Technicals

Fundamental reasons as to why Kiwi dollar showing strength against dollar: Kiwi dollar gained against U.S. dollar as anticipated in our earlier post owing to series of positives notes, namely, Fonterras diary products...

FxWirePro: NZD/USD to continue extended rallies – long-term downtrend can’t be disregarded

Oct 05, 2015 08:40 am UTC| Technicals

We predict Chinese slowdown may certainly impact adversely on NZD in future though short term gains are on the cards. Leading indicators on weekly charts suggest prevailing price recoveries to sustain further and may...

FxWirePro: EUR/JPY clears 200 DMA, breaks above 135.38 could take the pair to 136 levels

Oct 05, 2015 07:59 am UTC| Technicals

EUR/JPY clears 200 DMA at 134.88, stays supported above the 135 handle. The pair is currently trading close to days highs by 135.09, with days highs at 135.17 and lows at 134.40 Overall bias however remains on...

USD/CAD breaks major trend line support 1.3140, decline till 1.3000 is possible

Oct 05, 2015 07:14 am UTC| Technicals

USD/CAD has broken major trend line support at 1.3140 (trend line joining 1.2126 and 1.30113) and this confirms short term weakness, a decline till 1.300 is possible. Intraday trend is still weak as long as resistance...

FxWirePro: Placing diagonal strips on AUD/NZD to serve hedging motive

Oct 05, 2015 07:03 am UTC| Technicals

Currency Option Strategy: First and foremost considering the prevailing downtrend, the implied volatility of AUDNZD ATM contracts is at 8.79% which is good sign for option holders. The potential target on upside is...

USD/CAD breaks major trend line support 1.3140, decline till 1.3000 is possible

Oct 05, 2015 06:54 am UTC| Technicals

FxWirePro: EUR/GBP rangebound ahead of European open, awaits EZ PMI data

Oct 05, 2015 06:36 am UTC| Technicals

EUR/GBP trades a tight range in the Asian session, with days highs at 0.7392 and lows at 0.7378 Later in the day, attention turns towards a raft of final services PMI readings from the Euro zone In focus will be UK final...

6251 6252 6253 6254 6255 6256 6257 6258 6259 6260

Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

With Election Day only days away, Donald Trump intensifies his campaign to woo crypto advocates, announcing a sweeping Bitcoin agenda that promises to keep BTC mining stateside and challenges claims from Kamala Harris....

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Chinese Military AI Uses Meta’s Llama Model in Bold Move for Intelligence Gathering

In a provocative development, Chinese military-linked researchers have reportedly adapted Metas Llama AI model into a tool for intelligence gathering. This AI, named ChatBIT, uses the open-source model to analyze sensitive...

Could Sam Altman's World Chain's Ethereum L2 Upgrade Push WLD Price to $10?

World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to...

XRP Poised for Breakout if Market Demand Holds Strong at Key Support Level

XRP, Ripples native cryptocurrency, saw heightened market activity and price stability at its $0.505 support level, climbing to $0.523 in Fridays early trading. With a 43% increase in volume, investor sentiment appears...

Veteran Trader Sees Ethereum Dropping to $1,551 Amid Unmet Bearish Target and Analyst Warnings

Ethereums price faces a potential downward shift, with veteran trader Peter Brandt predicting a drop to $1,551 amid bearish chart structures. While some analysts see a 10-20% downside, others anticipate a reversal...

Shiba Inu Burn Rate Soars by 252,910%, as SHIB Price Dips and Experts Call for Caution

Shiba Inus token burn rate skyrocketed 252,910% in the past day, prompting a stark warning from experts who urge investors to remain cautious despite potential price boosts. This burn surge comes as SHIB prices experience...