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

Become a contributor

Bookmark Econotimes

Technicals

Sat, Nov 02, 2024 03:34 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: Buy GBP/JPY at dips around 185 with SL around 184 for the TP of 187.10/188

Sep 10, 2015 05:11 am UTC| Technicals

GBP/JPY has broken short term resistance around 185.45 and jumped till 186.43. It is currently trading at 185.17 Intraday weakness only below 184 and any break below will drag the pair further down till 183.49/183 in...

FxWirePro: Yen loses steam as risk-off eases post China CPI, USD/JPY edges higher

Sep 10, 2015 04:33 am UTC| Technicals

Chinas CPI rose 2.0% year-on-year in August, the fastest pace in a year, beating market forecasts for a 1.9% rise Upbeat data restored confidence among markets that Chinese governments efforts to boost the economy are...

FxWirePro: Buy USD/JPY at dips around 120.20 with SL around 119.60 for the TP of 121.20/121.70

Sep 10, 2015 02:14 am UTC| Technicals

USD/JPY retreated after making a high of 121.19. It is currently trading at 120.32. Intraday trend is still bullish as long as support 119.60 holds. On the downside any break below 119.60 will drag the pair till...

FxWirePro: EUR/USD key resistance at 1.1178, sell deals are recommended around 1.1175

Sep 09, 2015 16:45 pm UTC| Technicals

EUR /USD pair made some gains against US dollar in todays in early US session, however, the gains were limited and the pair fell back towards 1.1150 levels after hitting 50% fib resistance at 1.1177, resistance level at...

FxWirePro: EUR/USD key resistance at 1.1178, sell deals are recommended around 1.1215

Sep 09, 2015 16:41 pm UTC| Technicals

FxWirePro: AUD/USD key resistance at 0.7090, sell deals are recommended below 0.7060

Sep 09, 2015 16:14 pm UTC| Technicals

AUD/USD rebounded strongly towards 0.7056 earlier in Asian session. However, the pair turned back after failing to advance towards higher levels, as the Aussie ran out of strength against US dollar. The pair has broken...

FxWirePro: USD/CAD key support at 1.31150, buy deals are recommended above 1.3155

Sep 09, 2015 15:01 pm UTC| Technicals

USD/CAD has slipped back towards 1.3160 levels, after Bank of Canada announced interest rate at 0.50%.The support level at 1.30150 is set to hold the bears and push the pair upwards, as the US dollar has been stronger...

6311 6312 6313 6314 6315 6316 6317 6318 6319 6320

Economy

Trump Pledges 100% Tariff on Stellantis for Potential U.S. Job Relocation to Mexico

Trump Pledges 100% Tariff on Stellantis for Job Relocation to Mexico Republican presidential candidate Donald Trump announced at a rally in Michigan on Friday that, if elected, he would impose a 100% tariff on...

U.S. Consumer Protection Bureau Settles Racial Bias Lawsuit with Chicago Mortgage Lender

Settlement Details The Consumer Financial Protection Bureau announced a settlement with Chicago mortgage lender Townstone Financial, concluding a years-long lawsuit over alleged racial discrimination. Townstone will...

Washington State Governor Activates National Guard Amid Election Violence Concerns

Washington States Election Preparations On Friday, Washington State Governor Jay Inslee announced the activation of National Guard members to stand by in response to concerns about potential violence related to the...

NVIDIA Joins Dow Jones Industrial Average, Replacing Intel in Strategic Industry Shift

NVIDIA to Replace Intel in Dow Jones Industrial Average in AI-Driven Market Shift SP Dow Jones Indices recently announced that NVIDIA Corporation will replace Intel Corporation in the Dow Jones Industrial Average,...

"Why a Republican Win Could Trigger Euro and French Bond Sell-Offs: Insights from Charles Gave"

Why a Republican Win Could Trigger Euro and French Bond Sell-Offs Market Forecasts Following a Republican Win As the U.S. election nears, Charles Gave of Gavekal Research urges investors to prepare for...

Politics

Trump’s VP Pick JD Vance Has a Surprising Bitcoin Stake — Could This Influence US Crypto Policy?

JD Vance, Donald Trumps vice presidential pick, is making waves with his significant Bitcoin holdings, which underscore his pro-crypto stance. Known for his support of digital assets in the Senate, Vances investment...

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...

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

Bitcoin Hits New Highs, Yet Economist Calls It 'Just Another Bubble'

Despite Bitcoin shattering previous records, economist Robin Brooks isnt convinced. He describes the cryptocurrency as just another bubble inflated by Federal Reserve rate cuts, casting doubt on its legitimacy amid the...

Shiba Inu's Kusama Proposes Vitalik Buterin Meeting to Boost SHIB-Ethereum Synergy

In a strategic move to elevate Shiba Inus status, lead developer Shytoshi Kusama has requested a meeting with Ethereums Vitalik Buterin to discuss SHIBs future plans, technological innovations, and how the project aligns...

Costco Offers $2,000 Holiday EV Discounts—Tesla Misses Out on Seasonal Savings

Costco is kicking off the holiday season with discounts of up to $2,000 on select electric vehicles, including models from Chevrolet, GMC, Cadillac, Volvo, and Polestar. The promotion runs through January 2, but Tesla...

Nvidia Boots Intel from Dow Jones as AI-Driven Growth Redefines the Chip Industry Giants

Nvidia will replace Intel in the Dow Jones Industrial Average on Nov. 8, a move highlighting AIs reshaping of the chip industry. With Nvidias market cap surging amid record AI chip sales, Intels historical dominance in...

$7.94 Billion Toncoin Whale Wave: Massive 24-Hour Transactions Leave Rivals Behind

Toncoin whales are making waves with a staggering $7.94 billion transacted in just one day, a 90% spike that defies the recent slump seen in Ethereums volume. This whale-driven surge underscores Toncoins rising influence...