About: pumarketings
Recent Posts by pumarketings
Dollar Strengthens on Fresh Tariff Measures as Markets Eye Trade Uncertainty
Key Takeaways:*The Dollar Index rose to 97.84, a two-week high, after President Trump unveiled a surprise 50% tariff on imported copper alongside broader tariff hikes targeting 14 nations *The move is viewed as an attempt to counterbalance fiscal concerns sparked by the recently passed “Big and Beautiful” tax cut bill, which had previously pressured theContinue Reading
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
