By David Shepardson (Reuters) -Ford Motor will halt production of its F-150 Lightning electric vehicle pickup trucks for six weeks from Nov. 18 to Jan. 6, the Dearborn automaker said on Thursday. Ford (NYSE:)’s U.S. plants are closed for a holiday week in December. “We continue to adjust production for an optimal mix of sales…
The euro is flat on Thursday after three straight winning days. In the European session, EUR/USD is unchanged on the day, trading at 1.0854. Eurozone CPI hits 2% target Eurozone inflation rose to 2% y/y in October, up from 1.7% in September and above the market estimate of 1.9%. This was the fastest increase since…
Dollar The dollar index corrected after four consecutive weeks of gains. This is typical when national currencies and bond markets come under pressure ahead of important elections. The U.S. is facing this right now, although the dollar is often seen as a safe haven in times of market turmoil. In this case, gold and cryptocurrencies…
Apple and Amazon’s upcoming Q3 2024 earnings reports are in the spotlight. Market participants are concerned about rising AI capital expenditures impacting profit margins. Can Amazon rebound from a disappointing Q2? Apple iPhone 16 sales in focus after strong debut in China. Most Read: Bitcoin (BTC/USD) Takes a Pause, $75k Still On as OTC Inflows…
Overall Analysis EUR/USD is moving upward, forming an ascending channel. The price may face strong resistance around the 1.08703 level. EUR/GBP is in a downtrend on the higher time frame, with the price encountering resistance near the 0.83825 level. EUR/USD Chart Analysis EUR/USD 15-Minute Chart (Source: TradingView) On October 30, 2024, the price moved upward…
Overall Analysis Gold has reached an all-time high and is holding at that level. The price is forming an ascending triangle, indicating a potential upward move. Silver fell sharply during Wednesday’s trading session, and lower levels may be retested. High volatility and a lack of structure make it challenging for traders. Gold Chart Analysis Gold/USD…
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Society of Immunotherapy of Cancer (SITC) poster to be presented by collaborator from Memorial Sloan Kettering Cancer Center, Dr. Alan Ho, on November 9, 2024 NEW YORK and VIENNA, Oct. 31, 2024 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (NASDAQ: HOOK) (”HOOKIPA” or the “Company”), a clinical-stage biopharmaceutical company developing next generation immunotherapeutics for the treatment…
Major periods of rising gold prices since 1971 have included the 1970s and the 2000s. Many experts believe we’ve started a new period of such expansion now. Spot prices touched a new record of US$2,769.02 per ounce on Tuesday “as the run-up to the 2024 presidential election and uncertainty prior to upcoming economic data kept…