About: pumarketings
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Chart the Market (06/08/2025)

ETH, H4: Ethereum (ETH) staged a sharp recovery after breaching the critical $3,555 support level, a move that initially signaled a bearish breakdown. However, the quick rebound and subsequent stabilization above this pivotal zone suggest the prior dip may have been a false breakdown, reigniting prospects for a bullish trend reversal. Importantly, ETH continues toContinue Reading
Loonie Vulnerable as Trade Risks and Jobs Data Loom

Key Takeaways: *U.S. tariffs cloud outlook; high-level talks key to CAD recovery. *Weak oil prices and slowing global demand cap commodity support. *Friday’s jobs data could trigger BoC dovish repricing if hiring slows. Market Summary: The Canadian Dollar is trading cautiously near 1.3780 against the U.S. Dollar, with market sentiment tethered to a volatile mixContinue Reading
Written on August 5, 2025 at 3:24 am
Categories: Daily Market Analysis
Tags: Bank of Canada, CAD, Loonie
Yen Steadies as BoJ Dovishness Clashes with Wage Growth

Key Takeaways: *BoJ expected to hold, but wage-led inflation keeps hike risks alive. *Trade calm with the U.S. eases safe-haven demand, limiting JPY upside. *The BoJ tone is likely cautious, but CPI revision may stir policy shift bets. Market Summary: The Japanese Yen remained on the defensive near the 147 level against the U.S. Dollar,Continue Reading
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