Monthly Archives: January 2025
41654156156Crude Oil Slips On Halt In Houthis’ Red Sea Attacks
Written on January 17, 2025 at 1:37 am, by pumarketings
Fundamental Analysis * Ceasefire Chill: Crude oil prices have dipped amid expectations of a halt in Houthi attacks on shipping in the Red Sea, following a ceasefire agreement in the Gaza conflict between Israel and the militant group Hamas. Maritime security officials stated on Thursday that the Houthi militia is likely to announce an endContinue Reading
Soft CPI Reading Boosts Wall Street

Written on January 16, 2025 at 5:04 am, by pumarketings
Market Summary The U.S. CPI reading released yesterday came in below market expectations, reigniting speculation of continued Federal Reserve rate cuts in 2025. As a result, the dollar fluctuated but remained near its recent lows. However, with President-elect Donald Trump’s inauguration approaching, this event could potentially strengthen the dollar in the coming sessions. Meanwhile, theContinue Reading
USD/JPY Declines on Hawkish BoJ, Intervention Fears

Written on January 16, 2025 at 2:17 am, by pumarketings
Fundamental Analysis * Hawkish Note: The Japanese Yen strengthened against the U.S. Dollar following hawkish remarks from Bank of Japan (BoJ) Governor Kazuo Ueda. Supporting the Yen further, comments from Japan’s Finance Minister Katsunobu Kato rekindled concerns about potential government intervention. On Wednesday, Governor Ueda emphasized that the BoJ would consider raising rates and adjustingContinue Reading