About: pumarketings
Recent Posts by pumarketings
Dollar Slides as Core PCE Looms
Key Takeaways: *U.S. Dollar Index hits 3-year low as traders brace for PCE *Weak GDP and rising jobless claims reinforce Fed cut bets *Trump-Powell tension, fiscal risks erode dollar confidence Market Summary: The U.S. Dollar Index (DXY) extended its decline on Thursday, slipping toward three-year lows near 97.00 as markets awaited the release of theContinue Reading
Chart the Market (26/06/2025)
ETH, H4: Ethereum (ETH) has emerged from a turbulent period with technical indicators now pointing to a potential bullish reversal. The cryptocurrency recently experienced a dramatic false breakout scenario – initially breaking above its sideways trading range only to suffer a steep 26% collapse from $2,879 to $2,111.64. This whipsaw action shook out weak handsContinue Reading
Pound Rallies on Ceasefire, Hawkish BOE Signals
Key Takeaways: *GBP rebounds near recent highs on ceasefire-led risk rally *BOE tones remain hawkish despite market pricing for cuts *Political risks persist, but dollar softness supports GBP Market Summary: The British Pound held firm and rebounded toward recent highs as easing geopolitical tensions and a hawkish tilt from the Bank of England (BOE) combinedContinue Reading
