About: pumarketings
Recent Posts by pumarketings
Yen Extends Gains on Safe-Haven Demand and BoJ Policy Expectations
Key Takeaways: *Uncertainty over Trump’s proposed tax cuts and their potential to widen the U.S. deficit have weakened the dollar, boosting safe-haven demand for the yen. *Signs of improving inflation and growth have raised market expectations for the Bank of Japan to resume policy normalization. Signs of improving inflation and growth have raised market expectationsContinue Reading
Dollar Wobbles Ahead of Key Stimulus Vote as Trade Risks Loom
Key Takeaways: *Dollar Index trades near multi-month lows amid stimulus uncertainty. *Trump’s tax bill cleared the Senate; all eyes on House vote July 3. *U.S. debt and fiscal risk weigh on dollar sentiment. *Trade tensions resurface, with Trump reaffirming July 9 tariff deadline. Market Summary: The U.S. Dollar Index remained under pressure, hovering near itsContinue Reading
Chart the Market (02/07/2025)
EURUSD, H4: EUR/USD has pushed higher for a sixth consecutive session, edging toward the key resistance level of 1.1839. The rally follows a clean breakout above 1.1690 support-turned-resistance, supported by a clear series of higher highs and higher lows that reflect a solid short-term uptrend. Price action suggests buyers remain in control—but whether momentum canContinue Reading
