About: pumarketings
Recent Posts by pumarketings
Yen Weakens to Critical Intervention Zone as Policy Divergence Weighs
Key Takeaways: *USD/JPY broke above 153.00, its highest since February, as Japan’s political and monetary divergence weighed on the currency. *The central bank boosted JGB purchases, pushing 10-year yields lower and further eroding the yen’s rate appeal. *The 153.00–155.00 zone marks a historical intervention area, with traders watching for potential Ministry of Finance action toContinue Reading
Wall Street Extends Rally as AI and Dovish Fed Fuel Risk-On Sentiment
Key Takeaways: *The S&P 500 hit another all-time high and Nasdaq rose 1.12%, as investors shrugged off the prolonged U.S. government shutdown. *Dell jumped 9% to a two-year high, extending the AI-driven rally sparked by AMD’s breakout earlier in the week. *The VIX fell to a five-month low while soft labor data fueled expectations ofContinue Reading
Euro Slides as German Output Crumbles, French Politics Unravel
Key Takeaways: *Euro Weakens to Six-Week Low – The common currency slipped below $1.1610 as growth and political risks deepened across the Eurozone. *Germany’s Industrial Collapse Signals Recession Risk – A 4.3% output drop, led by an 18.5% plunge in auto production, highlights structural manufacturing weakness. *French Political Crisis Adds Pressure – PM Lecornu’s rapidContinue Reading
