About: pumarketings
Recent Posts by pumarketings
Yen Rebounds as Inflation Beats Forecasts, BoJ Signals Hawkish Tilt
Key Takeaways: *The Japanese Yen was encouraged by the latest Japan CPI reading that came at a 2-year high. *The hawkish narrative in the BoJ’s May meeting minutes provides buoyancy for the Japanese Yen. Market Summary: Crude oil has remained under upward pressure this week, driven by escalating Middle East tensions, The Japanese yen regainedContinue Reading
Chart the Market (20/06/2025)
AUDUSD, H4: AUD/USD continues to trade within a choppy consolidation range, holding just beneath the 0.6500 psychological level after multiple failed attempts to reclaim the 0.6525 resistance zone. Price action remains supported above the 0.6455 region, which has consistently cushioned recent pullbacks. This sideways drift follows a breakdown below the 50-day moving average, with bullsContinue Reading
Oil Holds Firm on Middle East Conflict Fears
Key Takeaways: *Oil prices remain firm amid rising Middle East conflict and fears of supply disruptions. *Geopolitical risks and Hormuz vulnerability drive a “fear premium” in oil. Market Summary: Crude oil has remained under upward pressure this week, driven by escalating Middle East tensions, mounting supply disruption risks, and broader risk-off sentiment in global markets.Continue Reading
