About: pumarketings
Recent Posts by pumarketings
Euro Firm but Fragile Amid French Turmoil
Key Takeaways: *Weak U.S. jobs data cement September Fed cut expectations. *ECB seen holding rates at 2.00% through 2025, first cut in 2026. *France faces political turmoil after Bayrou ouster, raising risk. Market Summary: The Euro is trading with a cautiously firm bias near 1.1750, lifted by broad U.S. Dollar weakness but still hemmed inContinue Reading
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
