About: pumarketings
Recent Posts by pumarketings
Dollar Index Rises Ahead of Fed Minutes as Trade Policy Uncertainty Lingers
Key Takeaways: *Dollar Index extends gains following strong U.S. economic data and improving risk sentiment. *Trade policy uncertainty remains, despite a legal blow to Trump’s tariff agenda. *Fed minutes in focus for clues on future interest rate decisions. The Dollar Index, which tracks the greenback against a basket of six major currencies, extended its upwardContinue Reading
EUR/USD Edges Lower Amid Stronger Dollar, but ECB Outlook Offers Support
Key Takeaways: *Dollar strength following U.S. trade court ruling weighs on EUR/USD. *ECB’s inflation outlook supports potential for hawkish policy shift, limiting downside. EUR/USD traded slightly lower as the U.S. Dollar extended gains following a U.S. trade court ruling that invalidated former President Donald Trump’s use of emergency powers to implement global tariffs. The decisionContinue Reading
Oil Rises on OPEC+ Output Hold and Venezuela Export Restrictions
Key Takeaways: *Oil prices climbed after OPEC+ kept its output policy unchanged and Chevron halted Venezuelan crude exports. *OPEC+ surprised markets by not increasing production; instead, it focused on setting 2027 output baselines. *Chevron ended contracts in Venezuela, tightening expected supply. Oil prices rose on Wednesday amid fresh supply concerns after OPEC+ opted to maintainContinue Reading
