Monthly Archives: May 2025
41654156156Bitcoin tops $100,000 as easing trade tensions lift risk appetite
Written on May 9, 2025 at 5:37 am, by pumarketings
Key Takeaways: *Bitcoin breaks $100,000: BTC/USD rallies sharply, driven by improved global risk sentiment. *Momentum supported by trade optimism: Easing U.S. trade tensions with the UK and positive signals ahead of China talks lift investor appetite for risk assets. Market Summary: Bitcoin surged past the key psychological threshold of $100,000 on Thursday, buoyed by aContinue Reading
Dollar Index Edges Higher Amid Hawkish Fed Stance, Trade Optimism
Written on May 9, 2025 at 5:34 am, by pumarketings
Key Takeaways: *Dollar supported by Fed-BoE policy divergence *Risk sentiment improves on trade progress Market Summary: The Dollar Index (DXY), which tracks the greenback against a basket of six major currencies, extended its rebound on Thursday, buoyed by a hawkish Federal Reserve and easing global trade tensions. The index gained after breaking above key resistanceContinue Reading
Pound Sterling Remain Solid, Awaits for BoE’s Rate Decision.
Written on May 8, 2025 at 7:05 am, by pumarketings
Key Takeaways: *British Pound Sterling remains strong against the G7 pairs, eyes on the BoE’s rate decision today. *PMI came below the 50 mark, hindering the Pound Sterling’s strength. Pound Struggles Near Highs as Dovish BoE Expectations Weigh on Sentiment The British pound has lost upward momentum after a recent bullish run, as dovish expectationsContinue Reading
