Monthly Archives: September 2025
41654156156Chart the Market (02/09/2025)
Written on September 2, 2025 at 5:59 am, by pumarketings
BTC, H4: Bitcoin (BTC) remains under a descending channel formation, with price action capped by a series of lower highs and lower lows. The pair recently touched the $108,875 area before rebounding toward $112,470, yet upside attempts continue to stall beneath the channel’s upper boundary. This structure underscores that BTC is still trading within aContinue Reading
Euro Gains on Labor Market Optimism, Eyes CPI Data for Next Catalyst
Written on September 2, 2025 at 5:54 am, by pumarketings
Key Takeaways: *Eurozone unemployment fell to 6.2%, signaling improving job conditions and lifting the euro. *Markets await eurozone CPI, expected to hold at 2%, reinforcing ECB policy stability. *A steady inflation print could extend the euro’s near-term strength, especially against a cautious U.S. dollar. Market Summary: The euro strengthened against its G10 peers during theContinue Reading
Pound Slumps as UK Factory PMI Hits Two-Year Low
Written on September 2, 2025 at 5:28 am, by pumarketings
Key Takeaways: *Sterling Slips on PMI Weakness – UK Manufacturing PMI fell to 47.0, its sharpest order contraction in nearly two years, signaling rising economic fragility. *BoE Policy in Question – Weak data is fueling speculation about the Bank of England’s response, with markets watching services and construction PMIs for spillover risks. *Politics Add PressureContinue Reading
