November 2024 - Page 98 of 229 -

Auto Parts Gives Massive Warning Of Consumer Behavior

Nov 18, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Another retailer finds out the 2021 “recovery” was mostly an illusion. Prices may have soared and revenues looked good, but it didn’t last because it couldn’t. As the company closes hundreds of stores and prepares to lay off an unknown number of workers, more stats show this is no isolated case. The cycle […]

EUR/USD Analysis: Headed For Parity

Nov 18, 2024 Jeremy Parkinson Finance 0

The US Federal Reserve’s affirmation of not rushing to cut interest rates, coupled with Trump’s election victory, has extended the US dollar’s gains. This has increased selling pressure on the EUR/USD currency pair, driving it down to 1.0496, its lowest level in a year. Last Friday, the euro attempted to rebound but gains were capped […]

Super Micro Computer Faces Client Exodus: What’s Behind It?

Nov 18, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Nvidia and YTL Corp are switching from SMCI to more stable suppliers. Cisco plans on making life more difficult for Super Micro Computer as well. Supermicro stock is up on optimism that it will avoid a delisting today. Super Micro Computer Inc (Nasdaq: SMCI) may succeed in avoiding a delisting as it […]

USD/JPY Bounces Back From 155.00 As BoJ Ueda Avoids To Provide Rate Hike Timing

Nov 18, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay USD/JPY rebounds from 155.00 as BoJ Ueda didn’t provide specific timing for further interest rate hikes. Japan Kato warned of possible intervention to support the Yen against excessive volatile moves. Trump’s protectionist policies would accelerate US inflation and growth. The USD/JPY recovers sharply from 155.00 in Monday’s North American session after a sharp correction […]

USD/JPY Analysis: Awaits US Policies

Nov 18, 2024 Jeremy Parkinson Finance 0

At the end of last week’s trading, the USD/JPY was subjected to selling, starting from the resistance level of 156.75, the highest for the currency pair in three months, with losses extending to the level of 153.86. Obviously, this came amid profit-taking before trading closed stable around the level of 154.30. Concurrently, the overall trend […]

Dividend Kings In Focus: Automatic Data Processing

Nov 18, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels The Dividend Kings are a selective group of stocks that have increased their dividends for at least 50 years in a row. We believe the Dividend Kings are among the highest-quality dividend growth stocks to buy and hold for the long term.With this in mind, we created a full list of all the Dividend […]

AUD/USD Forecast: Australian Dollar Gives Up Early Gains On Friday

Nov 18, 2024 Jeremy Parkinson Finance 0

Technical AnalysisThe technical analysis for the AUD/USD currency pair is a very negative thing, as the 50 Day EMA is likely to break down below the 200 Day EMA, which of course kicks off the so-called “death cross” that people often use it as a sign of an extraordinarily negative market. All things being equal, this is […]

Pricing In Czech Manufacturing Accelerates Across Sectors

Nov 18, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Producer prices in industry accelerated in October, yet the annual dynamic remained soft due to elevated price competition. However, price growth has resumed in the food processing segment, which will likely push up consumer prices in the coming months, increasing the likelihood of inflation crossing the 3% threshold by year-end. Price growth in the food […]

EUR/GBP Price Forecast: Rises On Weak UK GDP, Fluctuates Around 50-Day SMA

Nov 18, 2024 Jeremy Parkinson Finance 0

EUR/GBP crosses key 0.8350 threshold but faces resistance near 0.8400, with current trading influenced by UK GDP concerns. Potential upside could see the cross target the 100-day SMA at 0.8413, with further resistance at the 200-day SMA at 0.8475. Downside risks remain if the pair retreats, with support levels at recent lows of 0.8306 and […]

MicroStrategy buys $4.6 billion in Bitcoin, boosts holdings to nearly $30 billion

Nov 18, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways MicroStrategy acquired 51,780 Bitcoin for $4.6 billion between November 11 and November 17. The company’s total Bitcoin holdings now approach $30 billion in market value. Share this article MicroStrategy announced today it had acquired 51,780 Bitcoin in a series of purchases made between November 11 and November 17, paying an average price of […]