About: pumarketings
Recent Posts by pumarketings
U.S.-China Trade Talks Dominate Sentiment
Key Takeaways: *The market was focused on the U.S.-China new round of trade talks, which were extended to Tuesday. *A positive tone from President Trump at the event hammered the safe-haven gold in the last session. * Wall Street holds a “wait-and-see” mood, eyeing the trade talk outcome. Market Summary: The financial markets remained squarelyContinue Reading
USD/JPY Falls as Strong Japan GDP and BOJ Tightening Hopes Boost Yen
Key Takeaways: *Japan’s GDP beats expectations, fueling optimism over economic recover *Rising inflation increases speculation of further BOJ tightening. * BOJ may slow bond purchases as part of tightening strategy Market Summary: The Japanese yen strengthened against the U.S. dollar following the release of stronger-than-expected GDP data from Japan, which reinforced optimism over the country’sContinue Reading
Chart the Market (09/06/2025)
USD/JPY, H4: USD/JPY continues to trade within a corrective rebound structure, failing to clear the descending trendline resistance drawn from the late April highs. Price action briefly tested the 144.90 zone before retreating, leaving a long wick and signaling fading upside conviction. The pair remains supported above 143.80, but repeated rejections from the trendline. ThisContinue Reading
