About: pumarketings
Recent Posts by pumarketings
Euro Struggles to Advance Amid Growth Concerns
Key Takeaways: *Eurozone growth remains weak with soft GDP and industrial data. *Gains mainly from USD softness, not Eurozone strength. *ECB cautious as sticky inflation meets fragile economic backdrop. Market Summary: The euro traded in a tight range as modest dollar weakness was offset by lingering concerns over Eurozone growth momentum. Q2 GDP rose justContinue Reading
Chart the Market (14/08/2025)
USDJPY, H4: USD/JPY is under pressure after a false breakout was followed by a decisive move below its recent consolidation range, signaling further downside for the pair. Now trading at its lowest level this month, the pair is testing the 146.15 support. A break beneath this level would reinforce the bearish outlook and potentially accelerateContinue Reading
AUD/USD Gains on Strong Jobs Data, Dollar Weakness, and Trade War Relief
Key Takeaways: *Australia’s July Employment Change: +24.5K vs. +25K expected (June revised from +2K to +1K). *Unemployment Rate fell to 4.2% from 4.3%, matching expectations. *RBA cuts rates by 25 bps to 3.60%; Governor Bullock emphasizes a meeting-by-meeting approach. *US delays tariffs on China by 90 days, easing trade war concerns. Market Summary: The AustralianContinue Reading
