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Nzd/usd steadies into the early asian session after strong sell-off

NZD/USD traded down some 0.65% on the day by the last 45 minutes of the US session on Wednesday. The US Dollar, however, was little changed on the day...

June 7, 2023, 8:45 pm

Usd/jpy forecast: continues to see upward pressure

The usd/jpy experienced an initial attempt to decline against the Japanese yen in Tuesday’s trading session. However, it quickly reverse … Read Fu...

June 7, 2023, 7:14 pm

3 powerful dividend stocks to buy for a stress-free retirement

There's no such thing as a stress-free retirement, really. However, those looking to provide the financial footing for a lower-stress retirement may w...

June 7, 2023, 5:56 pm

Blackrock sees three reasons why investors should consider a tactical allocation to gold

(Kitco News) - Gold has not been able to hold its gains above $2,000 an ounce; however, the world's latest asset management firm recommends investors ...

June 7, 2023, 4:33 pm

Amazon: don't buy into the bear market rally

Amazon seems to be struggling in the last few quarters - especially as growth rates for AWS slow down. Over the long run, Amazon has not only growth p...

June 7, 2023, 3:32 pm

Red robin (rrgb) rides on solid comps growth amid high costs

Red Robin (RRGB) benefits from strong comparable restaurant revenue growth backed by increased guest check-in, menu pricing and strategic initiatives....

June 7, 2023, 2:34 pm

Sunset market commentary

Markets We kick off today with the Turkish lira, in a separate bullet for the occasion. It’s as if the floor beneath it simply evaporated. TRY tanks...

June 7, 2023, 2:21 pm

Usd/cad mid-day outlook

Daily Pivots: (S1) 1.3377; (P) 1.3415; (R1) 1.3439; More…. Immediate focus is now on 1.3299 support with today’s decline. Strong support could sti...

June 7, 2023, 2:18 pm

Eur/usd mid-day outlook

Daily Pivots: (S1) 1.0662; (P) 1.0698; (R1) 1.0728; More… Intraday bias in EUR/USD remains neutral and outlook is unchanged. On the downside, break ...

June 7, 2023, 1:58 pm

Usd/jpy mid-day outlook

Daily Pivots: (S1) 139.16; (P) 139.57; (R1) 140.05; More… USD/JPY is still extending the consolidation from 140.90 and intraday bias stays neutral f...

June 7, 2023, 1:12 pm

Yen softens amid rising treasury yields, but loss limited

Yen is encountering renewed selling pressure, particularly against European majors. This weakness is partly attributed to the rising treasury yields t...

June 7, 2023, 1:12 pm

Nextera (nee) to gain from investment, growing customer base

NextEra's (NEE) systematic capital expenditure and robust renewable backlog are likely to have positive impacts on earnings and revenues. However, com...

June 7, 2023, 1:04 pm

The pros and cons of investing in skyline champion

Skyline Champion Corporation is a leading player in the factory-built housing market and has useful qualities such as exemplary cash-generation and a ...

June 7, 2023, 12:26 pm

Ciena (cien) q2 earnings & revenues top estimates, rise y/y

Ciena's (CIEN) Q2 revenues benefit from improving supply-chain dynamics. However, Ciena lowers its revenue guidance for fiscal 2023....

June 7, 2023, 12:19 pm

Markets enter standby mode

By ForexTime Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P 500 closed at its highest ...

June 7, 2023, 12:11 pm

The aud is the strongest and the usd is the weakest as a north american session begins

The AUD is the strongest and the USD is the weakest at the North American session begins. The major currencies are relatively scrunched together and p...

June 7, 2023, 12:08 pm

Is tesla stock a buy, sell or hold? here's my call.

Electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA ) certainly uses artificial intelligence (AI) to its advantage. However, this doesn't automati...

June 7, 2023, 11:45 am

Case for esg bonds continues growing

In terms of asset classes, equities dominate the realm of environmental, social, and governance (ESG) exchange traded funds. However, bonds are an inc...

June 7, 2023, 11:22 am

With chinese equities beckoning, consider this etf

Some broader Chinese equity gauges aren't doing much worth bragging about this year. However, those disappointments arguably belie strong fundamentals...

June 7, 2023, 11:22 am

Coinbase stock falls after sec suit: analyst says, 'could be an opportunity to buy the stock'

Coinbase shares fell after the SEC sued the crypto exchange. However, Lisa Ellis, Senior Equity Analyst at MoffettNathanson (a division of SVB Securit...

June 7, 2023, 11:12 am


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