Yearly Archives: 2024
41654156156USD/JPY Fell Amid BoJ Rate Hike Expectation

Written on September 20, 2024 at 2:19 am, by pumarketings
Fundamental Analysis * BoJ Hike Bets: The Japanese yen has gained ground against the dollar as market participants reevaluate their positions, factoring in the likelihood of a future rate hike from the Bank of Japan (BoJ). The economic data released on Friday highlighted that Japan’s Core Consumer Price Index (CPI) surged to a 10-month peak,Continue Reading
See the Market Story: Online Charts & Indicators for Forex Trading

Written on September 19, 2024 at 9:12 am, by pumarketings
Unraveling the intricacies of forex trading often feels like deciphering a foreign language. With many online resources claiming expertise, finding accurate and reliable information can be overwhelming. This guide aims to be your compass through the labyrinth of forex charts and indicators. For novices, traders with degrees in finance, and seasoned traders, our goal isContinue Reading
Eyes on Today’s BoE Policy Decision

Written on September 19, 2024 at 5:52 am, by pumarketings
Market Summary The Federal Reserve’s monetary policy decision was announced yesterday, aligning with market expectations for a more aggressive rate cut. This bold move sparked significant volatility in the market, with the Dollar Index (DXY) fluctuating by over 1% during the event. However, as the rate cut had been largely priced in by the market,Continue Reading