Monthly Archives: January 2025
41654156156Gold Dive as Middle East Ceasefire Deal Breakthrough
Written on January 14, 2025 at 5:47 am, by pumarketings
Market Summary As President-elect Donald Trump’s inauguration approaches, the market is keenly monitoring developments tied to his proposed policies, leading to notable market reactions. The U.S. dollar underwent a technical correction yesterday, driven by sentiment that the robust U.S. economy does not necessitate Trump’s aggressive protectionist measures. This perceived policy moderation allowed Wall Street toContinue Reading
USD/CHF Rose On Firm U.S Dollar, Upbeat Jobs Data
Written on January 14, 2025 at 2:12 am, by pumarketings
Fundamental Analysis * Payroll Surge: The USD/CHF pair extends its gains in early trading, buoyed by a stronger dollar following Friday’s upbeat U.S. jobs report. The Greenback’s momentum is fueled by December’s Nonfarm Payrolls (NFP) data, which showed a net job addition of 256K, surpassing the forecast of 160K, despite a slight downward revision ofContinue Reading
Upbeat Job Data Boost U.S. Dollar
Written on January 13, 2025 at 5:33 am, by pumarketings
Market Summary The U.S. Nonfarm Payrolls report last Friday exceeded expectations at 256k, with unemployment improving to 4.1%. These data points reinforced expectations that the Fed may adopt a more cautious stance while extending its rate cut path, providing strength to the U.S. dollar. However, Wall Street faced significant losses, with all three major indicesContinue Reading
