About: pumarketings
Recent Posts by pumarketings
Crypto Market Rally While Open Interest Hits Record High
Key Takeaways: *ETH gained over 20% in a week, with open interest up 26% to a record high, signaling strong bullish momentum. *Blue Origin began accepting cryptocurrency payments for space flights, lifting sentiment. *Markets expect at least two Fed cuts this year, plus potential easing from other major central banks, supporting demand for risk assetsContinue Reading
Dollar Steady, Gold Pulls Back on Trade Optimism
Key Takeaways: *Dollar steadies as traders await U.S. CPI for Fed rate clues. *Gold retreats on U.S.–China tariff truce, easing safe-haven demand. *Medium-term bullion support intact on Fed cuts, central bank buying, and geopolitical risks. Market Summary: The U.S. Dollar Index (DXY) traded largely flat against a basket of six major currencies as market participantsContinue Reading
Aussie Dollar Holds Ahead of RBA Rate Decision
Key Takeaways: *Australian Dollar steady as supportive trade outlook offsets dovish RBA expectations. *RBA set to cut rates by 25bps; tone from Governor Bullock seen as key driver for AUD/USD direction. *Commodity demand signals from China and global risk sentiment remain critical near-term catalysts. Market Summary: The Australian Dollar hovered near $0.6525, with traders balancingContinue Reading
