Monthly Archives: May 2025
41654156156Dollar Extends Rally as Tariff Easing Lifts Sentiment
Written on May 13, 2025 at 7:11 am, by pumarketings
Key Takeaways: *Tariff Truce: U.S. and China agree to slash tariffs for 90 days, easing trade tensions and supporting risk assets. *Dollar Strengthens: Greenback rallies as investors shift exposure to U.S. assets amid improved sentiment. *CPI in Focus: Upcoming inflation data could influence Fed policy expectations and dictate the next move for the dollar. MarketContinue Reading
Yen Slides as U.S.-China Trade Deal Boosts Risk Appetite
Written on May 13, 2025 at 7:08 am, by pumarketings
Key Takeaways: *Risk-on rally: U.S.-China tariff truce triggers global risk appetite, reducing demand for safe-haven yen. *BoJ remains dovish: Weak wage and spending data support continued ultra-loose policy. Market Summary: The Japanese yen weakened sharply as risk sentiment surged following a breakthrough in U.S.-China trade negotiations. Both nations agreed to significantly reduce tariffs for atContinue Reading
Chart the Market (13/05/2025)
Written on May 13, 2025 at 6:04 am, by pumarketings
BTC, H4: Bitcoin extended its uptrend last week, breaking above the long-term 61.8% Fibonacci retracement level at $96,000 and climbing toward the all-time high territory just below $110,000. However, after a sharp 9% rally, momentum is beginning to show signs of fatigue, with traders eyeing potential technical retracement. Key support now lies near the $98,000Continue Reading
