About: pumarketings
Recent Posts by pumarketings
Canadian Dollar Slips Ahead of BoC Decision as Trade Concerns Weigh
Key Takeaways: *Canada’s departure from trade talks with the U.S. raises concerns in the market. *The Canadian dollar eases ahead of next week’s Bank of Canada (BoC) rate decision. The Canadian dollar (CAD) has experienced a notable decline in strength against major currencies this week, as markets brace for the Bank of Canada’s (BoC) interestContinue Reading
Dollar Index Rises Ahead of Fed Minutes as Trade Policy Uncertainty Lingers
Key Takeaways: *U.S. Appeals Court paused the block on Trump’s global tariffs, reviving trade war fears and geopolitical uncertainty. *Dollar Index retreated after hitting resistance, pressured by mixed U.S. economic data and declining risk appetite. Trade war tensions have re-emerged after a U.S. federal appeals court temporarily paused the recent decision to block former PresidentContinue Reading
Chart the Market (29/05/2025)
Crude Oil, H4: Crude oil prices are trading higher following a successful breakout above both an asymmetric triangle pattern and the key resistance level at $62.20. The MACD indicates strengthening bullish momentum, while the RSI stands at 67, suggesting there is still room for further upside before entering overbought territory. If bullish momentum continues toContinue Reading
