About: pumarketings
Recent Posts by pumarketings
Dollar Trades Sideways as Tariff Uncertainty Weighs; Gold Rises on Safe-Haven Demand
Key Takeaways: *Trump’s renewed tariff threats against India over Russian oil imports have intensified market concerns, keeping the dollar range-bound and Wall Street under pressure. *Escalating trade uncertainty and a softer greenback lifted gold to a two-week high above $3,390. Market Summary: The U.S. dollar remained range-bound while Wall Street gave back part of Monday’sContinue Reading
Chart the Market (06/08/2025)
ETH, H4: Ethereum (ETH) staged a sharp recovery after breaching the critical $3,555 support level, a move that initially signaled a bearish breakdown. However, the quick rebound and subsequent stabilization above this pivotal zone suggest the prior dip may have been a false breakdown, reigniting prospects for a bullish trend reversal. Importantly, ETH continues toContinue Reading
Loonie Vulnerable as Trade Risks and Jobs Data Loom
Key Takeaways: *U.S. tariffs cloud outlook; high-level talks key to CAD recovery. *Weak oil prices and slowing global demand cap commodity support. *Friday’s jobs data could trigger BoC dovish repricing if hiring slows. Market Summary: The Canadian Dollar is trading cautiously near 1.3780 against the U.S. Dollar, with market sentiment tethered to a volatile mixContinue Reading
