Monthly Archives: September 2026
41654156156Aussie Slips as Bullock Tempers Hike Expectations
Written on September 30, 2026 at 6:36 am, by pumarketings
Key Takeaways *AUD/USD fell below 0.7000 despite the RBA raising rates by 25 basis points to 4.60% and maintaining a hawkish policy statement. *Governor Michele Bullock’s cautious remarks reduced expectations for a November hike, while elevated U.S. yields and dollar strength added pressure. *Hotter Australian inflation could revive tightening bets, but a softer reading mayContinue Reading
Yen Outruns G10 Peers as BOJ Tightens Rate
Written on September 30, 2026 at 6:34 am, by pumarketings
Key Takeaways: *The yen has strengthened as USD/JPY retreats from the key 160 level, despite broad U.S. dollar strength. *The BoJ’s rate hike to 1.25% and heightened intervention warnings have discouraged speculative yen selling. *Further BoJ tightening or official action could support the yen, though wide U.S.–Japan rate differentials may limit gains. Market Summary: TheContinue Reading
Chart the Market (30/09/2026)
Written on September 30, 2026 at 4:01 am, by pumarketings
BTC, H4: Bitcoin has entered a period of sideways consolidation after forming a double-top pattern above the $87,000 level. The formation suggests that bullish momentum has weakened near the recent peak, leaving the cryptocurrency vulnerable to a potential downside reversal. BTC is currently hovering near critical support at $82,185. AContinue Reading
