Monthly Archives: April 2026
41654156156Aussie Gains on Hawkish RBA Narrative Reinforced by Resilient Labour Data
Written on April 16, 2026 at 5:38 am, by pumarketings
Key Takeaways: *Australia’s labour market resilience—steady unemployment and solid employment growth—has boosted confidence in the domestic economy and supported the Australian dollar. *The data strengthens the case for further tightening by the Reserve Bank of Australia, as a tight labour market supports its inflation-control stance. *AUD enters a bullish phase backed by commodities and riskContinue Reading
Blockade Holds, Beige Book Steady, Powell Uncertainty Caps Dollar Appeal
Written on April 16, 2026 at 5:35 am, by pumarketings
Key Takeaways: *The U.S. dollar remains resilient as geopolitical risks and the ongoing naval blockade support safe-haven flows, keeping the greenback underpinned despite partial risk-on sentiment. *The Federal Reserve Beige Book points to modest growth and controlled inflation pressures, reinforcing a cautious, wait-and-see policy stance. *Renewed pressure from Donald Trump on Jerome Powell raises concernsContinue Reading
Chart the Market (16/04/2026)
Written on April 16, 2026 at 5:28 am, by pumarketings
ETH, H4: Ethereum has established a well-defined uptrend channel since its recent low near the $2,000 mark, with the cryptocurrency advancing methodically within this bullish structure. The channel is characterized by a series of higher lows along the support line and higher highs approaching the upper boundary, reflecting a sustainable and orderly uptrend. The bullishContinue Reading
