About: pumarketings
Recent Posts by pumarketings
GBP/JPY Remains Solid After Dovish BoJ
Fundamental Analysis * Dovish Note: The GBP/JPY pair remains steady, edging higher as it is influenced by recent dovish expectations surrounding the Bank of Japan (BoJ). The BoJ maintained its benchmark interest rate at 0.25%, with Governor Ueda offering no clear indication of a potential rate hike in January, contrary to some market expectations. UedaContinue Reading
Written on December 23, 2024 at 2:25 am
Categories: Trade Of The Day
Dollar Bolsters by Upbeat U.S. Economic Indicators
Market Summary Following the hawkish remarks from the Fed on Wednesday after the interest rate decision, the upbeat U.S. economic indicators released yesterday have further boosted the U.S. dollar, driving it to a two-year high and suggesting a bullish outlook for the greenback. Additionally, the U.S. long-term treasury yield is nearing the 4.6% level, whichContinue Reading
Written on December 20, 2024 at 3:06 am
Categories: Daily Market Analysis
Christmas Around The Corner, Quiet Markets Expected
Monday, 23 December 2024, 09:00 – UK GDP (YoY) (Q3) In November, the UK’s preliminary GDP reading for the third quarter of 2024 showed a 1.0% increase, surpassing market expectations of 0.1% and improving on the previous quarter’s 0.7% growth. This expansion was driven by various sectors, with the services sector—representing a major share ofContinue Reading
Recent Comments by pumarketings
No comments by pumarketings