About: pumarketings
Recent Posts by pumarketings
Australian Dollar Slips as RBA Cuts Rates Amid Sluggish Economic Data
Key Takeaways: *Australian dollar hammered by the latest Retail Sales Reading that came short. *RBA’s recent dovish tone has also hindered the Aussie dollar. The Australian dollar (AUD) continues to grapple with significant headwinds, driven by a confluence of underwhelming domestic economic indicators and evolving monetary policy dynamics. The latest retail sales data, registering aContinue Reading
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
