Author Archive: Jeremy Parkinson

Shiba Inu Faces Increased Selling Pressure As Network Activity Declines: What’s Next For SHIB’s Price?

Shiba Inu Faces Increased Selling Pressure As Network Activity Declines: What’s Next For SHIB’s Price?

The post Shiba Inu Faces Increased Selling Pressure as Network Activity Declines: What’s Next for SHIB’s Price? appeared first on Coinpedia Fintech NewsSeveral months back, Shiba Inu was listed within the top 10 cryptocurrencies by market cap. Currently, it has dropped two spots. Amid a considerable downturn in the crypto market, with Bitcoin’s price dropping towards $63,000 in […]
Japan’s Factory Growth Slows In June Amid Rising Costs, Weaker Orders

Japan’s Factory Growth Slows In June Amid Rising Costs, Weaker Orders

Japan’s factory activity expanded for the second consecutive month in June, though the pace of growth has slowed due to weakening orders and increasing cost pressures.This is according to the latest au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) released on Friday. Manufacturing PMI and output The manufacturing PMI stood at 50.1 in June, slightly […]
The Dream Of Perfect Competition In The Stock Market

The Dream Of Perfect Competition In The Stock Market

Image Source: DepositPhotos Imagine a stock market where everything works flawlessly: countless buyers and sellers, all stocks are the same, everyone has access to the same information, and trades are instant and free. This is the ideal of perfect competition, a market where efficiency and fairness reign supreme. But is this dream achievable, or just […]
Recognize And Overcome Your Investment Biases

Recognize And Overcome Your Investment Biases

 Image Source; DepositPhotos Investors are rational and make sound decisions based on facts and intricate calculations. Well, that’s the theory. Reality is infinitely more complex. We all have tendencies to deviate from rational decision-making. Recognizing and overcoming your investment biases will lead you to better results.Our investment biases cause us to make cognitive errors or give […]
Aurora Cannabis Q4 Financials Continue To Disappoint: Stock Declines

Aurora Cannabis Q4 Financials Continue To Disappoint: Stock Declines

Aurora Cannabis Inc. Logo (CNW Group/Aurora Cannabis Inc.)On Thursday, Aurora Cannabis (ACB) announced its financial and operational results for the fourth quarter and fiscal year 2024. The information below compares Q4 2024 ended March 31st, 2024 with Q3 2024; all figures are in Canadian dollars. Go here to convert into another currency.Q4 Financial Highlights Net Revenue: up […]
YieldMax files for Ether Option Strategy ETF ahead of Ether ETF launch

YieldMax files for Ether Option Strategy ETF ahead of Ether ETF launch

Fund group YieldMax filed with the US Securities and Exchange Commission (SEC) to launch an Ether Option Income Strategy ETF on the New York Stock Exchange, Arca, according to a filing dated June 21, 2024. The move comes ahead of the anticipated launch of spot Ether ETFs in the US.The ETF, using a synthetic covered […]
Australian Dollar Closes The Week With Losses On Weak PMIs

Australian Dollar Closes The Week With Losses On Weak PMIs

Image Source: Unsplash Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian economy seems to be driving demand off the Aussie. In Friday’s session, the Australian Dollar (AUD) intensified its losses against its peers. The AUD/USD duo has been testing its notable […]
USD/JPY Price Analysis: Surges Past 159.00, Approaches Yentervention Levels

USD/JPY Price Analysis: Surges Past 159.00, Approaches Yentervention Levels

Image Source: Pixabay USD/JPY rises to 159.59, nearing the pivotal 160.00 mark, propelled by robust US PMI data. Key resistance at 160.00 and YTD high of 160.32; potential for Bank of Japan intervention looms. Support found at 159.00, June 14 high of 158.25, 158.00, with additional support at Tenkan-Sen (157.69) and Senkou Span A (157.40). The […]
The “Follow You Follow Me” Dance Between The JPY And CNY Continues

The “Follow You Follow Me” Dance Between The JPY And CNY Continues

Image Source: PixabayMARKETSU.S. stocks finished mostly lower on Friday, dragged down by a technological sector slump. However, major equity indexes still managed to post gains for the week, driven by investor enthusiasm for AI growth, which continues to be more appealing than concerns over prolonged high interest rates.Expectations for a near-term rate cut were dealt a […]
Crude Oil Backs Away From Fresh Highs On EIA Natural Gas Buildup 
                    
 

Crude Oil Backs Away From Fresh Highs On EIA Natural Gas Buildup  

Image Source: Pixabay WTI tumbled back below $81.00 on Friday, tested $81.50. The EIA reported a surprise buildup in natural gas reserves, clipping drawdown hopes. US Crude Oil productivity remains close to all-time highs. West Texas Intermediate (WTI) US Crude Oil hit a fresh high for the week early Friday before slumping back into negative territory […]