Monthly Archives: June 2026
41654156156Yen Plunges Past 162 Againt the Dollar as BoJ Dovishness Overwhelm Warnings
Written on June 30, 2026 at 5:48 am, by pumarketings
Key Takeaways: *The Japanese Yen remains one of the weakest G10 currencies, with USD/JPY surging above the 162.00 level as investors continue to favor the higher-yielding U.S. Dollar. *The Bank of Japan’s cautious approach to policy normalization contrasts sharply with tighter monetary conditions abroad, encouraging carry trade activity and maintaining downward pressure on the Yen.Continue Reading
Chart the Market (30/06/2026)
Written on June 29, 2026 at 8:38 am, by pumarketings
XAGUSD, H4: Silver has been consolidating near its recent lows above the 56.70 level after an extended period of weakness. The metal had previously traded within a narrow range-bound pattern, but the latest price action shows a breakout above this consolidation range, suggesting that a short-term technical rebound may be developing. The breakout from theContinue Reading
Dollar Firms as Truce Talks Offer Relief but Skepticism Lingers
Written on June 29, 2026 at 8:33 am, by pumarketings
Key Takeaways: *Despite both the U.S. and Iran accusing each other of violating the recent peace agreement, both sides have agreed to halt attacks and resume talks in Qatar on Tuesday. *The U.S. Dollar Index remains near yearly highs above 101.00 as investors continue to favor the greenback amid geopolitical uncertainty and expectations of aContinue Reading
