The legacy carmaker has just started production of the long-awaited F-150 Lightning, an electric version of the best-selling F-150. Ford (F) – Get Ford Motor Company Report is launched and nothing seems to stop the automaker Read more…
Daily Pivots: (S1) 129.79; (P) 130.04; (R1) 130.38; More… Intraday bias in USD/JPY remains neutral at this point. Also, near term outlook stays bullish with 126.91 support intact and further rally is expected. On the Read more…
Daily Pivots: (S1) 0.9743; (P) 0.9817; (R1) 0.9923; More…. Intraday bias in USD/CHF remains on the upside at this point. Sustained trading above 0.9864 will pave the way to next target at 1.0342 high. For Read more…
Daily Pivots: (S1) 1.2242; (P) 1.2439; (R1) 1.2552; More… Intraday bias in GBP/USD stays on the downside at this point. Firm break of 161.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2258 will target Read more…
Yum’s Taco Bell chain can’t be called boring. It endlessly tries to top itself. Taco Bell wants your attention. The Yum Brands (YUM) – Get Yum! Brands, Inc. Report fast-food chain has long been the Read more…
Daily Pivots: (S1) 1.0474; (P) 1.0558 (R1) 1.0623; More… EUR/USD recovers ahead of 1.0470 support and intraday bias remains neutral at this point. Still, outlook stays bearish with 1.0756 support turned resistance intact. On the Read more…
Dollar turns slightly softer in early US session even though non-farm payroll report came in slightly better than expected. Yen is also weak on rising benchmark global yields. On the other hand, Euro jumps broadly Read more…
US non-farm payroll employment rose 428k in April, slightly above expectation of 400k. Total employment was still down by -1.2m, or -0.8%, from its pre-pandemic levels. Unemployment rate was unchanged at 3.6%, matched expectations. Number Read more…
Slowing wage growth, as well as a solid jobs gains, suggest the Fed might be able to deliver the ‘soft landing’ for the U.S. economy predicted by Jerome Powell earlier this week. Updated at 8:45 Read more…
Wall Street’s ‘fear gauge’ is trading at the highest levels since early March, ensuring another volatile session will follow today’s April jobs report. U.S. equity futures moved lower Friday, although investors are braced for another Read more…