About: pumarketings
Recent Posts by pumarketings
Dollar Index Weakens as Fiscal Uncertainty Weighs on Investor Confidence
Key Takeaways: *US credit outlook pressures the dollar amid rising debt concerns. *Dollar Index (DXY) nears oversold zone; key support seen at 98.90. Fundamental Analysis The US dollar came under renewed pressure on Tuesday as concerns over the country’s fiscal sustainability overshadowed investor sentiment. The Dollar Index (DXY), which tracks the greenback against six majorContinue Reading
Chart the Market (23/05/2025)
ETH/USD, H4: Ethereum (ETH) is staging a strong recovery, extending gains following a brief technical retracement. The cryptocurrency is now testing a critical resistance level near $2,700—its recent high—with a decisive breakout poised to reinforce the bullish trajectory. ETH is trading comfortably above both its short-term and long-term moving averages, signaling broad-based strength. The breakoutContinue Reading
U.S. Inflation and Consumer Data Take Center Stage; Global Markets Watch PCE, PMI, and GDP Signals
The Week Ahead: Week of 26th May 2025 (GMT+3) Weekly Market PreviewA series of high-impact U.S. data releases will shape this week’s market narrative, including Durable Goods Orders, CB Consumer Confidence, Core PCE Inflation, and the Chicago PMI. These reports will offer clarity on the strength of consumer demand and underlying inflation—factors critical to gaugingContinue Reading
