Monthly Archives: August 2025
41654156156Chart the Market (07/08/2025)
Written on August 7, 2025 at 5:24 am, by pumarketings
ETH, H4: Ethereum (ETH) traded in a relatively sideways manner following a rebound after briefly dipping below its critical support level near the $3,555 mark. The successful recovery and sustained price action above this pivotal level suggest a bullish bias, as the recent pullback appears to have completed with ETH rebounding from a three-week low.Continue Reading
Pound Sterling Gains Ahead of BoE Decision Amid Dovish Expectations and Trade Relief
Written on August 7, 2025 at 3:22 am, by pumarketings
Key Takeaways: *The Pound gained as markets priced in a 25bps rate cut, with the possibility of a hawkish tone or a split vote offering potential upside. *June CPI rose to 3.6%, well above the BoE’s 2% target, suggesting policymakers may keep rates higher for longer despite labour market softening. *The UK secured a favourableContinue Reading
Dollar Weakens Further as Fed Rate Cut Bets Rise; Wall Street Rallies on Tariff-Driven Tech Boost
Written on August 7, 2025 at 3:14 am, by pumarketings
Key Takeaways: *The U.S. dollar index slipped to a near two-week low, pressured by renewed trade tensions and rising expectations of a Fed rate cut in September. *A proposed 100% tariff on semiconductor chip imports has stoked fears of escalating U.S. protectionism, weighing on the greenback. *U.S. equities surged, led by strong gains in techContinue Reading
