Monthly Archives: August 2025
41654156156Crypto Market Sees Modest Rebound Ahead of Jackson Hole Symposium
Written on August 21, 2025 at 6:18 am, by pumarketings
Key Takeaways: *BTC gained 0.7% and ETH jumped 3.8% after last week’s sharp selloff, driven by dovish FOMC minutes. *Significant net outflows persist, including ~$1B in ETH withdrawals; Fear & Greed Index holds at a neutral 51. *Powell’s remarks could set the tone — dovish signals may fuel a rebound, while hawkish cues risk renewedContinue Reading
Yen Edges Higher Ahead of Jackson Hole as BoJ Tilt Turns Hawkish
Written on August 21, 2025 at 6:15 am, by pumarketings
Key Takeaways: *Governor Ueda warned on U.S. tariff risks, but most board members backed rate hikes to curb inflation. *Robust GDP and wage growth, plus easing tariff uncertainty, bolster the hawkish case. 8Yen steadied near lows, with Powell’s remarks seen as a key driver of near-term direction. Market Summary: The Japanese yen is exhibiting signsContinue Reading
Chart the Market (21/08/2025)
Written on August 21, 2025 at 6:11 am, by pumarketings
GBPUSD, H4: GBP/USD is trading under pressure below the 1.3500 handle, currently hovering near 1.3450 after failing to sustain gains above the 50-period moving average. The pair has slipped beneath both the 20- and 50-period SMAs, with the breakdown zone at 1.3485 now acting as immediate resistance. Price action has turned cautious, with sellers attemptingContinue Reading
