Monthly Archives: July 2025
Chart the Market (02/07/2025)
Written on July 2, 2025 at 2:49 am, by pumarketings
EURUSD, H4: EUR/USD has pushed higher for a sixth consecutive session, edging toward the key resistance level of 1.1839. The rally follows a clean breakout above 1.1690 support-turned-resistance, supported by a clear series of higher highs and higher lows that reflect a solid short-term uptrend. Price action suggests buyers remain in control—but whether momentum canContinue Reading
Euro Rallies on Fed Cut Bets and Trade Optimism
Written on July 1, 2025 at 4:03 am, by pumarketings
Key Takeaways: *EUR climbed as dollar weakens on rising Fed rate cut bets *U.S.-EU trade deal optimism lifts eurozone outlook, boosts risk appetite *ECB seen cutting by year-end, but mixed data tempers near-term dovish shift Market Summary: The euro continued to climb toward multi-year highs, buoyed by a confluence of dollar softness and improving transatlanticContinue Reading
Aussie Holds Steady Ahead of Key RBA Decision, Faces Volatility on Policy and Data Cues
Written on July 1, 2025 at 3:48 am, by pumarketings
Key Takeaways: *The Australian dollar remains range-bound as traders await next week’s RBA policy announcement, with no signs of imminent aggressive easing. *Better-than-expected Chinese manufacturing data lifted the Aussie, reflecting its sensitivity to economic signals from its top trading partner. *Upcoming retail sales data could influence short-term AUD sentiment and reinforce expectations for a steadyContinue Reading
