About: pumarketings
Recent Posts by pumarketings
Chart the Market (08/07/2025)
GBPJPY, H4: The GBP/JPY pair surged to a fresh high of 199.47 in the latest session, inching closer to the key psychological resistance at the 200.00 mark. The pair has extended its ascent from the April lows, consistently forming higher highs—underscoring a bullish bias. Momentum indicators reflect growing strength. The Relative Strength Index (RSI) hasContinue Reading
Kiwi Slips Ahead of RBNZ Rate Decision as Markets Eye Chinese CPI
Key Takeaways:*The New Zealand dollar softened as markets brace for the RBNZ policy meeting, with most economists expecting rates to remain on hold at 3.25%. *Tomorrow’s China CPI release could influence the NZD, with signs of Chinese economic recovery potentially offering near-term support for the currency. Market Summary: The New Zealand dollar softened in theContinue Reading
Global Markets Rattled as U.S. Tariff Threats Escalate, Dollar Heads Lower
Key Takeaways:*The White House announced sweeping tariff increases on a broad range of countries—Japan, South Korea (25%), Indonesia (32%), Thailand (36%), and others—reviving concerns over escalating global trade tensions. *The Dow Jones tumbled over 400 points while the U.S. dollar softened, as risk sentiment soured on fears of retaliatory actions and geopolitical uncertainty. Financial marketsContinue Reading
