About: pumarketings
Recent Posts by pumarketings
Dollar Extend Losses Weakens as Debt Concerns Intensify
Key Takeaways: *Trump’s proposed tax and spending bill may deepen fiscal concerns. *Treasury yields spike as weak bond auction dampens equity sentiment. *DXY under pressure amid growing skepticism over U.S. fiscal sustainability. Fundamental Analysis The U.S. Dollar Index extended its losses as investors continued to react to Moody’s recent downgrade of the U.S. sovereign creditContinue Reading
Chart the Market (21/05/2025)
VIX, H4: The S&P Volatility Index (VIX) has slipped to levels last seen ahead of the sharp rebound in March, continuing to trade below its descending resistance line—reinforcing a broader bearish structure. However, technical indicators suggest that downside momentum is fading, raising the potential for a near-term rebound. The Relative Strength Index has exited oversoldContinue Reading
Sterling Extends Gains to 11-Month High, CPI and G7 Meeting in Focus
Key Takeaways: *Pound Sterling gained ahead of the UK CPI reading. *Eyes on the G7 meeting that could alter the Pound Sterling price direction. The Pound Sterling has extended its rally, rising to its strongest level against G7 peers since last July, supported by robust UK economic data and positive momentum from recent U.S.-UK tradeContinue Reading
