Monthly Archives: July 2025
Chart the Market (18/07/2025)
Written on July 18, 2025 at 10:32 am, by
BTC, H4: Bitcoin (BTC) extended its bullish trajectory after breaking above an ascending triangle pattern near the key $110,000 psychological level, rallying over 10% to post a fresh all-time high. However, the surge prompted profit-taking, triggering a technical pullback of nearly 6% from its recent peak. Despite the retracement, BTC found solid support above theContinue Reading
Sterling Steady as Inflation and Jobs Data Diverge
Written on July 18, 2025 at 10:31 am, by
Key Takeaways: *Sticky inflation and upside CPI surprise keep BoE cautious, with no clear signal for near-term rate cuts. *Pound supported by strong UK job growth and improved global risk appetite following the tentative Middle East ceasefire. *Fiscal uncertainty and dollar strength continue to cap Sterling’s upside amid lingering global funding risks. Market Summary: TheContinue Reading
Yen Weakens as Japan Election and US Trade Tensions Fuel Uncertainty
Written on July 18, 2025 at 10:30 am, by
Key Takeaways: *Japanese yen hovers near multi-week lows ahead of the Upper House election on July 20. *Rising concerns over US-Japan trade tensions, with Washington considering a 25% tariff if no deal is reached by August 1. *Steepening JGB yield curve signals increased speculation over potential BoJ rate cuts. Market Summary: The Japanese yen continuedContinue Reading
