About: pumarketings
Recent Posts by pumarketings
Pound Slides to One-Month Low as BoE Policy Shift Weighs on Sentiment
Key Takeaways: *Pound Sterling ease after BoE’S rate cut. *Pound Sterling turns weaker ahead of today’s job data. Market Summary: TThe Pound Sterling weakened across the board, reaching its lowest level in a month against G7 currencies as markets digested the Bank of England’s dovish pivot. Last week, the central bank cut its benchmark interestContinue Reading
Dollar Extends Rally as Tariff Easing Lifts Sentiment
Key Takeaways: *Tariff Truce: U.S. and China agree to slash tariffs for 90 days, easing trade tensions and supporting risk assets. *Dollar Strengthens: Greenback rallies as investors shift exposure to U.S. assets amid improved sentiment. *CPI in Focus: Upcoming inflation data could influence Fed policy expectations and dictate the next move for the dollar. MarketContinue Reading
Yen Slides as U.S.-China Trade Deal Boosts Risk Appetite
Key Takeaways: *Risk-on rally: U.S.-China tariff truce triggers global risk appetite, reducing demand for safe-haven yen. *BoJ remains dovish: Weak wage and spending data support continued ultra-loose policy. Market Summary: The Japanese yen weakened sharply as risk sentiment surged following a breakthrough in U.S.-China trade negotiations. Both nations agreed to significantly reduce tariffs for atContinue Reading
