About: pumarketings
Recent Posts by pumarketings
Markets Tread Water Amid Middle East Tensions
Key Takeaways: *The dollar index eases from the recent peak as profit-taking sentiment mounts. *The market remains risk-averse as the Middle East conflict shows no sign of de-escalation. Market Summary: Most asset classes, including forex, commodities, and equities, traded relatively flat as market Most major asset classes—spanning forex, commodities, and equities—traded largely sideways as investorsContinue Reading
Yen Rebounds as Inflation Beats Forecasts, BoJ Signals Hawkish Tilt
Key Takeaways: *The Japanese Yen was encouraged by the latest Japan CPI reading that came at a 2-year high. *The hawkish narrative in the BoJ’s May meeting minutes provides buoyancy for the Japanese Yen. Market Summary: Crude oil has remained under upward pressure this week, driven by escalating Middle East tensions, The Japanese yen regainedContinue Reading
Chart the Market (20/06/2025)
AUDUSD, H4: AUD/USD continues to trade within a choppy consolidation range, holding just beneath the 0.6500 psychological level after multiple failed attempts to reclaim the 0.6525 resistance zone. Price action remains supported above the 0.6455 region, which has consistently cushioned recent pullbacks. This sideways drift follows a breakdown below the 50-day moving average, with bullsContinue Reading
