Yearly Archives: 2026
41654156156Yen Remains Under Pressure as USD/JPY Nears 40-Year High

Written on July 8, 2026 at 8:41 am, by pumarketings
Key Takeaways: *The Japanese yen remains under pressure, with USD/JPY trading near 162, close to its weakest level since 1986. *Wide US-Japan interest-rate differentials and persistent carry trades continue to drive structural yen weakness despite heightened geopolitical risks. *Bank of Japan policymaker Toichiro Asada signaled a cautious approach to further rate hikes, limiting expectations forContinue Reading
Dollar Climbs as Middle East Tensions Weigh on Gold

Written on July 8, 2026 at 8:11 am, by pumarketings
Key Takeaways: *The US dollar strengthened as renewed US-Iran tensions boosted safe-haven demand and lifted the Dollar Index to a one-week high. *Rising oil prices revived inflation concerns, supporting US Treasury yields and reinforcing expectations of higher-for-longer Fed interest rates. *Gold remained under pressure as the stronger US dollar and higher yields outweighed its traditionalContinue Reading
Chart the Market (08/07/2026)

Written on July 8, 2026 at 7:02 am, by pumarketings
ETH, H4: Ethereum has generated a strong bullish signal after breaking above its descending trendline resistance, with the cryptocurrency rallying by approximately 10% following the breakout. The move initially suggested that buyers had regained control of the market and that a short-term trend reversal was underway. However, the bullish momentum has begun to fade asContinue Reading
