Menu

Search

FxWirePro: AUD/USD rejected at day's high by 0.7637, good to sell rallies

Apr 07, 2016 07:33 am UTC| Technicals

AUD/USD rejected at days high by 0.7637, slips below the 0.76 handle to currently trade around 0.7590 levels. Technicals on 2H charts show scope for further downside, Stochs and RSI are biased lower and MACD line...

CHF/JPY faces strong support at 114, break below targets 112.55/111.90

Apr 07, 2016 06:53 am UTC| Technicals

Major support 114 Major Intraday resistance 115 CHF/JPY has recovered slightly yesterday after making a low of 114.42. In the Asian session the pair has broken yesterday low 114.42 and declined till 114.02 at...

FxWirePro: AUD/JPY holds cloud top support at 82.90, good to go short on breaks below

Apr 07, 2016 06:52 am UTC| Technicals

AUD/JPY broke rising trendline support at 84 on Tuesdays trade, downside capped by daily cloud which is strong support. Pair struggles to breach cloud top currently at 82.90, we see scope for further downside only on...

FX Hedging Strategy Series

FxWirePro: EUR/USD hedging and speculating sides as per OTC adjustments

Apr 07, 2016 06:44 am UTC| Technicals

The implied volatility of ATM contracts for next 3M - 1Y expiries of this the pair is flashing at around 10.5%, that is when vital economic and geopolitical announcements are scheduled such as UK referendum (on June 23rd),...

FxWirePro: NZD/JPY breaks strong support at 74.25, targets 73.55

Apr 07, 2016 06:24 am UTC| Technicals

NZD/JPY has breached strong trendline support at 74.25, we see scope for test of 73.55 levels. Price action in the pair has dipped below daily cloud. 5-DMA has shown a bearish crossover on 10-DMA. Stochs are...

FxWirePro: EUR/USD trades higher on dovish FOMC Minutes, good to buy at dips

Apr 07, 2016 05:58 am UTC| Technicals

Major resistance 1.14380 Major support - 1.1320 (55 day 4H EMA) The pair has recovered from the low of 1.13266 after dovish FOMC minutes .EUR/USD jumped till 1.14319 and closed near to 1.1400 level. US Mar...

FX Hedging Strategy Series

FxWirePro: What do U.S. and Europe Central Bank Chairs transpire, Don't let FX exposure be fragile - Hedge EUR/USD uncertainties

Apr 07, 2016 05:31 am UTC| Technicals

Today, both ECB and Fed chairpersons are scheduled to speak on their respective economies and monetary policies to suit their economic conditions. Volatility is often experienced during her speeches as traders attempt...

  6621 6622 6623 6624 6625 6626 6627 6628 6629 6630   

Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
  • Market Data
Close

Welcome to EconoTimes

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