Monthly Archives: December 2024
41654156156Dollar Jumps on Fed’s Hawkish Remark
Written on December 19, 2024 at 5:19 am, by pumarketings
Market Summary The FOMC interest rate decision yesterday triggered significant market volatility, with all eyes on the Federal Reserve’s hawkish stance. Jerome Powell’s remarks signaling fewer rate cuts in 2025 and the expectation that the Fed funds rate will remain near the 4% level to curb inflation drove the U.S. dollar higher. The dollar indexContinue Reading
Gold Price Slides As Fed Turned Less Dovish.
Written on December 19, 2024 at 2:37 am, by pumarketings
Fundamental Analysis * • Hawkish Note: The euro edged slightly higher against the dollar, showing modest gains but lacking strong momentum following the release of the latest EU Manufacturing PMI data. According to the Hamburg Commercial Bank (HCOB), the Eurozone Manufacturing PMI improved to 45.2 in December, surpassing the forecast of 45.0. Additionally, the bloc’sContinue Reading
How To Trade Commodities: A Step-By-Step guide
Written on December 18, 2024 at 10:48 am, by seoagencyteam
Introduction In the world of trade, commodities are essential raw materials that can be bought, sold, or traded. These assets are the beating heart of global trade and are valued on the basis of their innate quality rather than the name of the brand or degree of product enhancement. Commodities are exchanged in physical formContinue Reading
