About: pumarketings
Recent Posts by pumarketings
Dollar Rises on Global Turmoil as Gold Hits Record Highs
Key Takeaways: *The U.S. dollar strengthened as political instability in Europe and Japan drove safe-haven inflows, offsetting pressure from Washington’s prolonged government shutdown. *Fed cautious on rate cuts on an October easing, several Fed officials emphasized restraint, supporting yields and keeping the greenback resilient. *Gold breaks record highs for the first time, boosted by geopoliticalContinue Reading
Chart the Market (08/10/2025)
USDJPY, H4: The USD/JPY pair has extended its advance, breaking decisively above the 152.60 level to reach its highest point in six months. The move represents a significant technical development, confirming a breakout from a prolonged consolidation phase and reinforcing a strong bullish near-term bias. The pair’s ability to overcome this key resistance zone—which hadContinue Reading
Wall Street Holds Record Levels Amid AI Optimism, Fed Cut Bets
Key Takeaways: *U.S. indices remain at all-time highs as the government shutdown extends into its sixth day, with markets brushing off political gridlock. *Incoming Japanese PM Takaichi’s pro-stimulus stance could sustain yen-funded carry trades that underpin equity strength. *AMD surged 30% above $200 on an OpenAI partnership, fueling a semiconductor rally and reinforcing Nasdaq leadership.Continue Reading
