About: pumarketings
Recent Posts by pumarketings
Dollar Index Edges Higher Amid Hawkish Fed Stance, Trade Optimism
Key Takeaways: *Dollar supported by Fed-BoE policy divergence *Risk sentiment improves on trade progress Market Summary: The Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, extended its rebound on Thursday, buoyed by a hawkish Federal Reserve and easing global trade tensions. The index gained after breaking above key resistanceContinue Reading
Pound Sterling Remain Solid, Awaits for BoE’s Rate Decision.
Key Takeaways: *British Pound Sterling remains strong against the G7 pairs, eyes on the BoE’s rate decision today. *PMI came below the 50 mark, hindering the Pound Sterling’s strength. Pound Struggles Near Highs as Dovish BoE Expectations Weigh on Sentiment The British pound has lost upward momentum after a recent bullish run, as dovish expectationsContinue Reading
Wall Street Rally Pause on Fed’s Hawkish Monetary Policy
Key Takeaways: *Wall Street sentiment buoyed by U.S.-China trade talk. *Fed’s hawkish approach hinders the S&P from reaching higher. S&P 500 Rally Stalls Near Recent Highs as Market Awaits Trade Talk Clarity The S&P 500 has advanced nearly 5% after breaking out of an asymmetric triangle formation, signaling strong upward momentum in recent sessions. However,Continue Reading
