Monthly Archives: July 2025
41654156156Chart the Market (09/07/2025)
Written on July 9, 2025 at 6:42 am, by pumarketings
XAUUSD, H4: Gold prices slipped below the 61.8% Fibonacci retracement level at $3,290.00, raising concerns over a potential break in the metal’s bullish structure. The move suggests that if gold fails to find support above the prevailing downtrend line, further downside could materialize, reinforcing a bearish outlook. Momentum indicators are also aligning with the negativeContinue Reading
AUD Rebounds, But Dovish Risks Still Dominate
Written on July 9, 2025 at 3:11 am, by pumarketings
Key Takeaways:*The RBA’s surprise decision to hold at 3.85% triggered a short-term AUD rebound, but markets remain firmly positioned for an August cut, with an 85% probability priced and terminal rates seen at 3.0%. *Trump’s 50% copper tariff targets a key Australian export, deepening AUD’s vulnerability to global trade fragmentation. External demand risks now capContinue Reading
Yen Under Pressure as Policy and Trade Risks Mount
Written on July 9, 2025 at 3:09 am, by pumarketings
Key Takeaways:*With swaps now pricing just 10bps of tightening, Japan’s monetary inertia continues to weigh heavily on the yen. *Washington’s proposed 25% tariffs on Japanese goods erode the yen’s safe-haven appeal. *Despite a strong current account and cheap yen, structural drags—subdued wage growth and fragile domestic demand—undermine the JPY. Market Summary: In a televised cabinetContinue Reading
