About: pumarketings
Recent Posts by pumarketings
CAD Braces for CPI as Policy Divergence Looms
Key Takeaways: * Canadian Dollar steady as markets await CPI, with core inflation stuck near 3% keeping BoC cautious despite softer headline trends. *Oil and housing data provide only modest support, while rising CAD shorts highlight bearish positioning and investor skepticism. *Policy divergence with the Fed caps USD/CAD upside, but global risk sentiment and Powell’sContinue Reading
Chart the Market (18/08/2025)
BTC, H4: BTC/USD has broken below the 23.6% Fibonacci retracement level at $117,672, extending its downside momentum after failing to sustain above the $119,000 zone. The pair is now testing the $115,600 support region, with the next major downside target at $114,817. A decisive break lower could expose the $112,220 swing low, while the broaderContinue Reading
Gold Holds Firm as Fed Cut Hopes Trump Dollar Strength
Key Takeaways: * Gold steadied as dollar softness offset the drag from higher bond yields, keeping the metal anchored above key support.* While safe-haven demand is capped by easing U.S.–China trade tensions, underlying growth concerns continue to lend resilience.* Prices remain range-bound as markets balance Fed rate-cut bets against signs of cooling global demand. MarketContinue Reading
