EV manufacturer Rivian is facing difficulties in managing an increase in its production rates. Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report is hoping that its second quarter will be less eventful than its Read more…
EURGBP is seeing lingering downside risks despite an increase in buying interest around the 0.8327 level, which unfolded slightly below the simple moving averages (SMAs). That said, from the beginning of the year, the broader Read more…
US stocks are set to fall with the NASDAQ100 underperforming on hawkish Fed expectations. FOMC minutes are due later. US futures Dow futures -0.75 % at 34390 S&P futures -1% at 4480 Nasdaq futures -1.64% Read more…
After mixed quarterly results, Real Money Columnist Stephen ‘Sarge’ Guilfoyle views this industry player as a trading vehicle rather than as an investment. Shipping and logistics remain challenging as supply chain bottlenecks and employment issues Read more…
Daily Pivots: (S1) 1.0874; (P) 1.0932 (R1) 1.0963; More… Intraday bias in EUR/USD remains on the downside for retesting 1.0805 low. Firm break there will resume larger down trend from 1.2248. Next target is 61.8% Read more…
Daily Pivots: (S1) 1.3037; (P) 1.3102; (R1) 1.3137; More… Sideway trading continues in GBP/USD and intraday bias remains neutral for the moment. Further decline is mildly in favor with 1.3297 resistance intact. On the downside, Read more…
Daily Pivots: (S1) 122.38; (P) 122.66; (R1) 123.06; More… Intraday bias in USD/JPY remains neutral first and consolidation from 125.09 could extend. But outlook remains bullish with 121.17 support intact and further rise is expected. Read more…
Fans of Amazon’s hit show get a chance to ride back in time in 1957 Chevrolet. If you’re going to travel through time, you might as well do it in style. Style is a big Read more…
Daily Pivots: (S1) 0.9256; (P) 0.9277; (R1) 0.9316; More…. USD/CHF’s rebound from 0.9193 extends higher today but stays below 0.9380 resistance. Intraday bias remains neutral first. On the upside, break of 0.9380 will indicate that Read more…
Swiss Franc falls broadly today as other parts of the markets turned mixed. US treasury yield extends its sharp rally. But the impact on Dollar is some what offset by impressive rally in Germany and Read more…