About: pumarketings
Recent Posts by pumarketings
Fed Cut Fever Fuels Gold’s Historic Surge
Key Takeaways: *DXY near multi-month lows after dismal U.S. jobs data. *Markets price a September Fed cut; CPI data now pivotal. *Gold surges above $3,640/oz, up 38% YTD, driven by Fed bets. Market Summary: The U.S. Dollar Index (DXY) extended its slide toward 97.50 on Tuesday, weighed down by last week’s catastrophic U.S. jobs reportContinue Reading
Chart the Market (08/09/2025)
GOLD, H1: Gold prices surged to fresh record highs before consolidating near the 3595.00 resistance zone. Market participants are closely watching for a breakout, as a confirmed move above this level could open the door for further upside toward the next resistance at 3660.00, which aligns with the Fibonacci expansion target. Historically, traders often relyContinue Reading
Euro Holds Steady as ECB Meeting Looms; Rates Expected to Remain on Hold
Key Takeaways: *Rates expected to remain unchanged as inflation eases toward 2% while growth momentum weakens. *Eurozone GDP slowed to 0.1% QoQ, but labor market strength (unemployment at 6.2%) continues to support consumption. *Markets watching for hints on rate-cut timing; a dovish tilt could pressure the euro despite its recent stability. Market Summary: The euroContinue Reading
