About: pumarketings
Recent Posts by pumarketings
Pound Sterling Strengthens to Multi-Year High While GDP Reading in Focus Today
Key Takeaways: *The Pound Sterling bullish rally shows signs of easing in strength. *Eyes on today’s UK GDP reading to gauge the Pound Sterling strength. Market Summary: The British pound has surged to its highest level since January 2022, bolstered by a combination of dollar weakness and growing expectations that the Bank of England willContinue Reading
Safe Havens Struggle on Trade Breakthrough
Key Takeaways: *Gold and dollar retreat as global risk appetite surges: Improved U.S.-China ties and ceasefire hopes spark flows into risk assets, pressuring safe havens. *Hotter Core PCE complicates Fed rate path: Inflation beats forecast at 2.7% YoY, reinforcing higher-for-longer narrative but failing to lift USD. *Fiscal worries overshadow Fed tightening outlook: Mounting U.S. deficitContinue Reading
Chart the Market (27/06/2025)
BTC, H4: Bitcoin (BTC/USD) is attempting to break out of a descending channel that has governed price action since early June, with the current rally pushing up against the upper boundary of this pattern. The move has gained traction after reclaiming the $107,000 area, a key horizontal level that previously acted as both support andContinue Reading
