About: pumarketings
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Dollar Surge on High CPI
Market Summary The U.S. CPI release aligned with market expectations at 2.6%, reflecting a rebound in inflation within the country. Coupled with Donald Trump’s election victory, this trend strengthens the likelihood of the Fed maintaining a restrictive stance to counter inflationary risks. This cautious Fed outlook contributed to a pause in Wall Street’s recent rally,Continue Reading
USD/JPY Extend Upside Following U.S CPI
Fundamental Analysis * Inflation Grip: The Japanese Yen continues to weaken against the strengthening U.S. Dollar, following the release of U.S. CPI inflation data. The Consumer Price Index (CPI) report did not offer the inflation slowdown that markets had hoped for, but it did align with expectations. Monthly headline CPI remained steady at 0.2% asContinue Reading
Dollar Remain Firm Ahead of CPI
Market Summary The treasury market experienced intensified sell-off pressure, driving yields higher and boosting dollar strength in recent sessions. The Dollar Index (DXY) reached the 106.00 mark for the first time since June, with all eyes on the upcoming U.S. CPI reading, which could be pivotal for the dollar’s trajectory. Rising yields have pressured WallContinue Reading
