About: pumarketings
Recent Posts by pumarketings
Dollar Surges as Fed Holds Rates, Powell Dials Back Cut Expectations
Key Takeaways: *The Fed kept interest rates unchanged at 4.25%–4.50%, with Powell signaling it’s too early to discuss cuts, boosting the dollar. *Hawkish Fed guidance and reduced rate-cut bets lifted the dollar index by 1%, approaching a key psychological level. *Ongoing tariff negotiations—with South Korea pledging tariffs and U.S. investments—eased trade concerns and reinforced dollarContinue Reading
AUD Awaits CPI With RBA Cut on the Line
Key Takeaways: *AUD wavers as traders await CPI clarity and RBA direction, with inflation expected to ease but remain sticky enough to justify the central bank’s wait-and-see stance. *Global headwinds persist, including softer iron ore prices and renewed U.S. trade threats toward Asia, adding downside pressure on the Aussie. *AUD/USD vulnerable to dual catalysts, withContinue Reading
Dollar and Gold Hold Steady Ahead of Key Fed Test
Key Takeaways: *Dollar steadies as Fed credibility tested by political pressure and softening labor data. *Gold regains footing amid consolidation, with volatility likely post-FOMC and PCE data. *Fiscal concerns and election risks may limit dollar upside even if Fed stays cautious. Market Summary: The U.S. Dollar Index (DXY) held steady on Tuesday as markets enteredContinue Reading
