About: pumarketings
Recent Posts by pumarketings
Chart the Market (01/10/2025)
AUDUSD, H4: The Australian dollar is undergoing a period of consolidation against the U.S. dollar after rallying approximately 1.36% from recent lows. The pair is now trading within a significant liquidity zone, a development that represents a natural pause following its recent advance rather than a sign of underlying weakness. The ability to maintain supportContinue Reading
Euro Claws Back Ahead of CPI Test
Key Takeaways: *ECB steady, Fed uncertain: Lagarde downplays inflation risks, while U.S. faces fiscal gridlock and softer data. *Dollar on the back foot: Weak U.S. consumer confidence and cooling hiring erode dollar demand. *CPI in focus: Eurozone inflation release could set near-term EUR/USD direction. Market Summary: The Euro extended its advance against the dollar, supportedContinue Reading
Dollar Slips, Gold Shines Amid U.S. Gridlock
Key Takeaways: *Dollar pressured: Shutdown risk threatens data flow, undermining Fed’s data-dependent stance. *Weak U.S. signals: Hiring at one-year low, consumer confidence sharply lower. *Gold rallies: Near record highs on weak dollar, falling real yields, and Fed cut bets. Market Summary: The U.S. dollar has extended its slide as fiscal uncertainty and a cautious FederalContinue Reading
