About: pumarketings
Recent Posts by pumarketings
Fed Delivers First Cut of 2025, Dollar Sees Sharp Rebound Post-Decision
Key Takeaways: *The Fed cut rates by 25 bps to 4.00%–4.25%, its first move of 2025, with Powell signaling two more cuts this year. *The DXY plunged to 96.23—its lowest since Feb 2022—before rebounding above 97.00 as markets adjusted to the smaller-than-feared cut. *The move eased tensions with the White House and was seen asContinue Reading
Sterling Braces for Volatility Ahead of BoE Decision
Key Takeaways: *A 5–4 MPC vote at the last meeting signaled less dovishness than markets expected, limiting downside for the pound. *UK retail sales and GDP show resilience, while CPI at 3.6%—well above the 2% target—keeps inflation concerns alive. *The Fed’s recent cut and guidance for further easing has widened the interest rate differential, underpinningContinue Reading
BoC Rate Cut Signals More Weakness for CAD
Key Takeaways: *The Bank of Canada cut its policy rate to 2.50%, the lowest in nearly three years, and signaled willingness to ease further if risks intensify. *July factory sales delivered a 2.5% surprise gain, but broader growth momentum remains subdued. *A sharp U.S. crude inventory drawdown offered some oil price support, though not enoughContinue Reading
