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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Sep 19, 2024 01:36 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

EUR/GBP in free fall after knock-out of 0.7300 barriers

Feb 26, 2015 14:38 pm UTC| Technicals

EUR/GBP in free fall after knock-out of 0.7300 barriers, quick to match 2015 low at 0.7271 Some corp GBP supply was seen likely near 0.7272 (1.3750 GBP/EUR) Resistance now at 0.7320-25 post GDP highs Support at 0.7256...

NZD/USD holds key resistance at 0.7605/25, bulls on edge

Feb 26, 2015 14:33 pm UTC| Technicals

Source: Thomson Reuters NZD/USD overnight rally stalls at 55_DMA pair holds key resistance at 0.7605/25 Pair now down on the day, RSI diverges gravestone doji forms, recent bulls may exit soon Close below 10-DMA ...

EUR/USD slide deepens post-US data

Feb 26, 2015 13:49 pm UTC| Technicals

Source: Thomson Reuters US data has EUR/USD key support at 1.1260/70 in play again Pair had slipped in early NY, slide deepens post-US data Yield spreads widen, RSIs weigh, bear pressure upped Break of 1.1260/70...

AUD/USD tests channel top, still some upside risks

Feb 26, 2015 13:44 pm UTC| Technicals

Source: Thomson Reuters Market defies soft Oz capex tight yield spreads, pair tests channel top Pulls back to near flat on day but topside risks still extant If offers persist ~0.7930, bigger resistance at...

USD/BRL hovers near 10-DMA support by 2.85

Feb 26, 2015 13:27 pm UTC| Technicals

Source: Thomson Reuters USD/BRL lower with broad risk market, hovers near 10-DMA support by 2.85 Truckers strike ends, unemployment rising, PBR downgrade not seen affecting Brazil rating, UST yields fall USD/BRL...

USD/ZAR trends long into 100DMA

Feb 26, 2015 10:14 am UTC| Technicals

Cloud base nearby at 11.3590, target 11.7350 ahead of recent high Risk is to come back to the 11.2555 Feb 5 lows, stop tight below Below 11.2555 opens way for slide below 11.00 Dailies are over reaching, ...

GBP/USD - UK business investment fall blows GBP bulls

Feb 26, 2015 09:55 am UTC| Technicals

Surprisingly negative UKQ4 business investment is negative GBP bulls Down 1.4% vs +1.9% forecast Sharpest fall in nearly 6years Cable scaled 8week peak of 1.5554 in Asia, subsequent low =...

6631 6632 6633 6634 6635 6636 6637 6638 6639 6640

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 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,...

Is Melania Trump An Adult Film Actress? Ex-FLOTUS Defends Nude Modeling Job As 'Celebration of the Human Form'

As former First Lady Melania Trump prepares to release her memoir, she has reignited public discussion about her past nude modeling work. In a rare statement, Trump framed her work as a form of artistic expression and...

Scripted? 'Hollywood Liberal' Billie Eilish Faces Backlash From Donald Trump Supporters After Endorsing Kamala Harris and Tim Walz

Billie Eilish, the 22-year-old Grammy-winning singer, is the latest celebrity to be swept into political controversy after publicly endorsing Kamala Harris and Tim Walz for the upcoming elections. Eilish and her brother...

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...