About: pumarketings
Recent Posts by pumarketings
Dollar Softens as EU-U.S. Trade Deal Nears; Wall Street Rallies on Trade Optimism
Key Takeaways: *Persistent trade uncertainty has pressured the greenback, with the U.S. Dollar Index down over 1.2% since Monday, as capital flows rotate out of dollar-denominated assets. *Easing trade tensions fueled a broad rally in U.S. equities. The Dow Jones jumped more than 500 points, leading gains across major indices. Robust earnings from Alphabet Inc.Continue Reading
EUR/USD Firms as Dollar Weakens on Dovish Fed Bets; ECB in Focus
Key Takeaways: *Dollar pressured as Fed rate cut bets weigh on sentiment *EUR/USD breaks above 1.1750 amid broad USD softness *ECB rate decision in focus; Lagarde hints policy nearing terminal level Market Summary: GThe euro extended gains against the dollar, underpinned by continued weakness in the greenback as markets priced in the likelihood of aContinue Reading
Gold Slips as Trade Deal Hopes Undermine Safe-Haven Demand
Key Takeaways: *Global risk sentiment lifted by easing U.S. tariff threats and progress on trade deals with Japan and the EU. *President Trump signals flexibility on tariffs, spurring hope for broader trade negotiations. *Safe-haven demand fades; gold pulls back amid rotation into risk assets. Market Summary: Gold prices declined as risk sentiment improved across globalContinue Reading
