About: pumarketings
Recent Posts by pumarketings
Euro Slips As ECB Rate Call Looms Ahead
Fundamental Analysis * Rate Reckoning: The Euro has softened against the US Dollar as traders prepare for Thursday’s European Central Bank (ECB) rate decision. The currency’s movement has been relatively subdued in the early part of the week, with expectations of an ECB rate cut looming. Following weaker-than-expected economic data, the ECB is widely expectedContinue Reading
Dollar Rises on Jobs Data; Yen Gains on GDP Growth
Market Summary The US Dollar Index strengthened on Friday, driven by robust economic data that highlighted resilience in the US economy. Nonfarm Payrolls rose to 227K, exceeding expectations, while Average Hourly Earnings increased by 0.40%. With the Unemployment Rate steady at 4.2%, market participants are now eyeing Wednesday’s Consumer Price Index (CPI) release for furtherContinue Reading
Aussie Sinks On U.S Jobs Data
Fundamental Analysis * Labor Lift: The AUD/USD pair is facing considerable weakness and dropping close to its August lows following the release of the US Nonfarm Payrolls (NFP) data for November. The US Bureau of Labor Statistics (BLS) reported a robust increase of 227,000 in Nonfarm Payrolls, significantly higher than the prior 12,000 gain andContinue Reading
