April 2024 - Page 55 of 153 -

AUD/USD Forecast: Rallies As Rate Cut Bets Ease After Hot CPI

Apr 24, 2024 Jeremy Parkinson Finance 0

The Australian dollar is rising, propelled by unexpectedly high inflation figures, painting a bullish picture for the AUD/USD forecast. After this report, investors have lowered their expectations for a Reserve Bank of Australia rate cut. On the other hand, the dollar was weak after PMI data revealed a slowdown in the economy. Investors abandoned hopes for […]

Strike launches in Europe to offer Bitcoin services

Apr 24, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Strike, a Bitcoin-centric payments app, has announced its expansion into the European market, capitalizing on the cryptocurrency’s resurgence and aiming to provide a streamlined experience for users.Founder and CEO Jack Mallers views Europe as Strike’s second-biggest market after the United States. The company’s expansion comes amid Bitcoin’s recent price surge, which has seen the alpha […]

EUR/USD Forecast: Rangebound And Tight

Apr 24, 2024 Jeremy Parkinson Finance 0

Essentially you have a market that doesn’t know which direction it wants to go, but at this point in time I think it’s somewhat obvious that we are going to consolidate in the short term. This does make sense considering that there are a lot of concerns out there and we did just fall rather significantly […]

Bank Rule Changes To Help Fund The Deficit

Apr 24, 2024 Jeremy Parkinson Finance 0

The Wall Street Journal posted an article on bank rule changes entitled A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It. The article discusses the Fed’s Discount Window and rule changes to bolster banks in times of need. This bank safety will also conveniently help the Treasury fund […]

Euro Gains Against The Dollar Amid Mixed Economic Signals

Apr 24, 2024 Jeremy Parkinson Finance 0

The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market.In the US, newly published statistics provide fodder for economic analysis. Sales of new homes in March showed a […]

AT&T Inc. Reports $30 Billion In Revenue And $0.55 EPS For Q1 2024

Apr 24, 2024 Jeremy Parkinson Finance, No picture 0

AT&T has reported its first-quarter results for 2024, showcasing a robust performance powered by its 5G and fiber growth initiatives.AT&T Inc. (T) has reported its first-quarter results for 2024, showcasing a robust performance powered by its 5G and fiber growth initiatives. The telecommunications giant announced revenues of $30.0 billion and an adjusted EPS of $0.55, exceeding […]

Injective unveils largest tokenomics upgrade with INJ 3.0 release

Apr 24, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Injective has activated the INJ 3.0 update, designed to inject long-term value and support the growth of the Injective ecosystem. The latest version’s key focus is a substantial reduction in the supply of Injective’s native token, INJ, which the team said is the largest tokenomics upgrade. INJ 3.0 is officially live on mainnet, allowing $INJ […]

Tesla Q1 Earnings Miss Expectations, Decline Y/Y

Apr 24, 2024 Jeremy Parkinson Finance 0

Tesla (TSLA) posted disappointing first-quarter 2024 results, missing both earnings and revenue estimates. This marked the third earnings miss in a row for the electric vehicle (EV) behemoth, following 10 straight quarters of beat. The company remained cautious about its vehicle volume growth rate for 2024, which is expected to be noticeably lower than 2023.First-quarter earnings […]

Trying To Figure Out The Next Move

Apr 24, 2024 Jeremy Parkinson Finance 0

Image Source: DepositPhotos The risk on vibes are fading into the North American open. We’re seeing a wave of Dollar demand, while US equity futures point south. Looking ahead, we get US durable goods, and the Bank of Canada Summary of Deliberations.Video Length: 00:00:48More By This Author:Momentum Swinging Back To Risk Assets Has Most Of The […]

Can T-Mobile Reach New All-Time Highs After Q1 Earnings?

Apr 24, 2024 Jeremy Parkinson Finance 0

Communications giant T-Mobile US, Inc. (TMUS) is expected to report its first-quarter earnings post-market closing on Thursday (April 25th) and its stock is currently trading in the vicinity of the all-time high of $168.84 it made on March 7th.The consensus among analysts on the Street is that the company would be reporting EPS (normalized) of $1.91 for […]