About: pumarketings
Recent Posts by pumarketings
Dollar Weakens Ahead of Fed Rate Decision; Gold Tops $3,700
Key Takeaways: *The dollar index slid to 96.60, its lowest since July, as markets bet on Fed rate cuts, with some investors eyeing a larger 50 bps move. *Gold broke above $3,700 for the first time, boosted by dollar weakness and pre-Fed safe-haven demand. *With a 25 bps cut priced in, any less-dovish signal couldContinue Reading
Cryptocurrencies Consolidate Ahead of Fed Decision
Key Takeaways: *Bitcoin held near $115,000 while Ether slid 6% from last week’s peak, as traders awaited Wednesday’s FOMC decision. *Crypto ETFs posted five consecutive sessions of net inflows, signaling renewed institutional demand. *Bitcoin tracked gold’s breakout above $3,680, with a dovish Fed outcome seen as a catalyst for fresh crypto gains. Market Summary: CryptocurrenciesContinue Reading
Yen Gains Modestly Ahead of BoJ Decision as Safe-Haven Demand Increase
Key Takeaways: *The currency gained modestly on safe-haven flows as geopolitical tensions in Eastern Europe and the Middle East drove investors toward defensive assets. *Markets expect the Bank of Japan to keep rates unchanged on Friday, though the narrowing Fed–BoJ policy gap has helped buoy sentiment. *Strong wage growth and steady inflation fuel hopes forContinue Reading
