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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Sep 19, 2024 02:08 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

USD/JPY bidders remain above 121

Mar 17, 2015 12:29 pm UTC| Technicals

Source: Thomson Reuters USD/JPY bidders remain above 121, Tenkan daily pivot points at 102.83/62 USD-JPY 2-yr yield spreads fell toward Fris low, N225 futs well off days high after BOJ unchanged FOMC switch from...

AUD/USD sees slight squeeze on shorts

Mar 17, 2015 10:15 am UTC| Technicals

Short-covering helps AUD/USD rise from 0.7611 to 0.7666 0.7611 = Asia low after dovish RBAminutes Offers at 0.7680 (Monday high). 0.7688 =...

EUR/JPY looks to fade recovery moves

Mar 17, 2015 09:30 am UTC| Technicals

Close at the end of last week below 128.52 weakens market 128.52 - 38.2% retrace of the 94.12 to 149.79 rise Traders look to get short at 129.50 for losses to 125.10 Tenkan kijun lines are aligned...

GBP/USD-1.4775 bids tested after fall

Mar 17, 2015 09:27 am UTC| Technicals

Cabletests1.4775 bidsafterhalf-cent+ slidesince European open 1.4776 = 50% retracement of 1.4699 (last Fridays 57month low) to 1.4853 1.4853 was Mondays high. 1.4845 = early Europe...

USD/CHF remain long for gains

Mar 17, 2015 09:23 am UTC| Technicals

30-day upper Bollinger-band points north = bullish Traders remain long at 1.0005 for 1.0235 level Stop is at 1.0005 14-day momentum remains positive, highlighting the upside...

GBP/USD -Tenkan and kijun lines aligned negatively

Mar 17, 2015 09:21 am UTC| Technicals

Further losses sub the 1.4699 level - 2015 low posted on Friday expected Traders look to fade rallies to the 1.4880 level Fridays 1.4897 peak weigh further on short-term corrective...

EUR/USD stops close above 1.0610-20 offers

Mar 17, 2015 08:58 am UTC| Technicals

EUR/USD offers 1.0610-20 Stops 1.0625 and 1.0640 Larger sellers eyed 1.0660-80 March 12 high 1.0684 March 11 high 1.0718 and 200-HMA seen at 1.0717 Bids seen ahead 1.0550/hourly cloud base Stops below...

6571 6572 6573 6574 6575 6576 6577 6578 6579 6580

Economy

Bitcoin Soars to $62K as Fed Lowers Rates by 50 Basis Points Amid Investor Uncertainty

The U.S. Federal Reserve has slashed rates by 50 basis points, sending Bitcoin soaring to $62,182. The move ends a four-year break from rate cuts and adds uncertainty to an already unpredictable market.Rates will be...

U.S. Factory Output Rises in August as Motor Vehicle Production Rebounds

U.S. factory production rebounded in August, with a 0.9% increase driven by a sharp recovery in motor vehicle output. After a 0.7% decline in July, the Federal Reserves report signals improvements in the manufacturing...

UK CPI

UK Aug CPI came unchanged 2.2% y/y as expected, while core CPI jumped to 3.6% y/y compared to a forecast of 3.5% y/y. The probability of rate pause increased to 63% after solid CPI data. Major resistance-...

Oil Prices Climb Amid U.S. Output Concerns and Anticipated Crude Inventory Drop

On September 17, oil prices continued to rise as the market assessed concerns regarding U.S. output in the wake of Hurricane Francine and anticipated a decrease in U.S. crude stockpiles. Brent Crude Futures Rise to...

Philippine Remittances Hit 2024 High of $3.08 Billion in July, Growth Slows

Remittances from overseas Filipinos reached a 2024 peak of $3.08 billion in July, a 3.1% increase from the previous year. Despite the rise, analysts warn that remittance growth is plateauing, with future gains projected to...

Politics

Donald Trump 2024: Age, Family, Net Worth, and Political Career as He Eyes Another White House Bid

Former President Donald Trump continues to dominate the American political landscape as speculation grows about his potential candidacy in the 2024 presidential race. With his enduring influence on the Republican Party,...

Tesla and SpaceX Staff Defy Musk, Channel Donations to Harris Over Trump

Even as Elon Musk endorses Donald Trump, employees at his companiesTesla, SpaceX, and Xare directing more campaign contributions to Kamala Harris, revealing a political disconnect between Musk and his workforce. Musk...

Donald Trump Buys Burgers with Bitcoin at NYC Bar During Historic Campaign Stop

Donald Trump made headlines by purchasing burgers with Bitcoin at PubKey, a Bitcoin bar in New York City. The transaction marked a historic moment as the former U.S. president embraced cryptocurrency during his 2024...

Kamala Harris Presidency May Drive US Crypto Firms Overseas, Warns Nansen CEO at Token2049

Nansen CEO Alex Svanevik predicts a Kamala Harris presidency would create a challenging landscape for U.S. crypto firms, likely pushing businesses to move abroad, while a Trump victory could boost domestic cryptocurrency...

Is 'Dying' Joe Biden Using a Doppelgänger? The Controversial Rumor Resurfaces Amid Health Speculations

Rumors about President Joe Bidens health have taken a dramatic turn as a conspiracy theory suggesting that the 81-year-old leader is using a doppelgnger has resurfaced. The claim, which gained traction on social media,...

Science

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

스페이스X, FAA 지연 속 스타십 시험 비행 11월 목표 발표

스페이스X는 미 연방항공청(FAA)의 승인 절차 지연으로 인해 5번째 스타십 시험 비행 목표를 11월로 재설정했다. 이 항공우주 기업은 환경 평가와 규제 문제를 주요 요인으로 꼽으며, 이번 야심 찬 임무가 지연된 이유를...

Technology

Cybertruck Lead Tesla Engineer Issues Warning: Supercharger Extension Cords Pose Major Safety Risks

Teslas Cybertruck lead engineer, Wes Morrill, has cautioned against using Supercharger extension cords, citing risks like overheating and equipment damage. His warning highlights Teslas strict safety...

Nintendo Switch 2 Photos Leak Online: Bigger Screen, Magnetic Controllers, and Enhanced Specs Revealed

Fresh leaks featuring photos and specifications of the Nintendo Switch 2 have emerged, showcasing a larger console design with a bigger screen, magnetic side rails for Joy-Con controllers, and significant upgrades like...

Shiba Inu Community on High Alert: Dangerous Clipper Malware Targets Crypto Wallets

A serious warning has been issued to the Shiba Inu and Bitcoin communities as clipper malware, known for altering crypto wallet addresses, has resurfaced. This dangerous software threatens to redirect funds to attackers...

Bitcoin Poised for Breakout Near $61K as Fed Rate Cuts Loom, October Surge Expected

Bitcoins price hovers near $61,900 as investors anticipate a potential breakout. Historical trends suggest BTC may rally in October, especially with a Federal Reserve rate cut looming. Experts debate whether this will...

Shiba Inu Sees 129% Transaction Surge as Whales Eye Shibarium’s Liquid Staking Debut

Shiba Inu (SHIB) experienced a 129% surge in large transactions, with $33 million in SHIB moved by whale holders. This comes amid growing anticipation for Shibariums upcoming liquid staking platform, which is expected to...