Menu

Search

EUR/JPY Breakout: Is 165 the Next Target?

May 01, 2025 08:46 am UTC| Technicals

EUR/JPYtrades higher on weak yen. It hit an intraday high of 163.48 and is currently trading around 163.40.Intraday outlook is bullish as long as the support of 161.50holds. April 2025 advance CPI records a...

GBP/JPY Bulls Charge: Eyeing 195 as BOJ Uncertainty Weighs on Yen

May 01, 2025 08:19 am UTC| Technicals

GBP/JPYbreaks significant resistance 192 after a long consolidation. It hit a high of 192.18 at the time of writing and is currently trading around 192.10. Intraday trend is bullish as long as support 190 holds. In May...

FxWirePro: NZD/USD loses momentum, but bullish outlook remains

May 01, 2025 07:01 am UTC| Technicals

The New Zealand dollar edged lower on Thursday as the U.S. dollar firmed ahead of key U.S. economic reports. Jobless claims and the ISM manufacturing survey are due later on Thursday, but Fridays April jobs report will...

FxWirePro: USD/JPY rises as yen weakens following BOJ's rate hold

May 01, 2025 06:38 am UTC| Technicals

USD/JPY rose on Thursday as the Bank of Japan lowered growth forecasts in light of U.S. tariffs and left rates on hold. The Bank of Japan (BOJ) left its benchmark interest rate unchanged at 0.5%, in line with market...

FxWirePro: AUD/USD runs out of steam but maintains bullish outlook

May 01, 2025 06:20 am UTC| Technicals

AUD/USD edged lower on Thursday as the greenback strengthened as investors focused on signs the trade war may be cooling down. Trump said Wednesday he sees potential trade deals with India, South Korea, and Japan, and...

FxWirePro: GBP/AUD slides as weak U.S. data triggers risk-off mood

Apr 30, 2025 23:08 pm UTC| Technicals

GBP/AUD dipped on Wednesday as weak U.S. economic data triggered a shift towards risk-off sentiment. Aprils ADP private payroll report showed job gains of just 62,000 well below expectations while, first-quarter GDP...

FxWirePro: EUR/NZD falls on risk aversion, eyes on support at 1.8955

Apr 30, 2025 22:34 pm UTC| Technicals

EUR/NZD declined on Wednesday as investors digested a wave of global economic data, including U.S. and Eurozone indicators. U.S. gross domestic product contracted at a 0.3% annualized rate last quarter, driven by a...

  871 872 873 874 875 876 877 878 879 880   

Economy

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Trump Threatens Higher Canada Tariffs as Wildfire Smoke Sparks U.S. Air Quality Crisis

President Donald Trump has threatened to impose higher tariffs on Canada, blaming the country for worsening air pollution across the United States as smoke from hundreds of active Canadian wildfires spreads south of the...

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Politics

Iran Expands Gulf Attacks as U.S. Strikes Intensify, Oil Prices Surge

Iran widened its military campaign against U.S. allies in the Gulf on Saturday after the United States carried out a seventh consecutive night of strikes on Iranian military targets, marking another escalation in the...

Brazil Supreme Court Tightens Jair Bolsonaro House Arrest Ahead of Election

Brazils Supreme Court has imposed stricter restrictions on former President Jair Bolsonaro, suspending all non-essential visits to his residence for 30 days as the country moves closer to its October presidential election....

US Expands Iran Strikes as Strait of Hormuz Shipping Drops, Oil Prices Climb

The United States carried out a seventh straight night of military strikes on Iran, extending operations beyond the countrys southern coast and deeper into its interior, while Tehran launched retaliatory attacks on...

DOJ Subpoenas Major Law Firms in Trump Executive Order Dispute

The U.S. Justice Department has issued subpoenas to 14 major law firms seeking records and sworn testimony related to executive orders signed by President Donald Trump that targeted several prominent legal firms or...

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...
  • Market Data
Close

Welcome to EconoTimes

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