Monthly Archives: May 2025
Sterling Rallies as UK Inflation Surges, Dimming Rate Cut Bets

Written on May 27, 2025 at 4:04 am, by
Key Takeaways: *UK inflation rose to its highest level in a year, with core CPI at 3.8% and services inflation hitting 5.4%, both exceeding expectations.Food inflation climbed for the fourth consecutive month, driven by wage and tax pressures on supermarkets. *Traders scale back BoE rate cut bets, pricing in only a 50% chance of aContinue Reading
Chart the Market (26/05/2025)

Written on May 26, 2025 at 6:02 am, by
GBP/USD, H4: The British pound extended its bullish run against the U.S. dollar, with GBP/USD hitting 1.35797 on May 26—the highest level since February 2022. The rally follows the completion of an inverse head-and-shoulders formation, confirmed by a decisive breakout above the neckline in mid-May. After a brief consolidation phase, the pair cleared a criticalContinue Reading
Euro Strengthens Amid U.S.-EU Trade Developments

Written on May 26, 2025 at 6:00 am, by
Key Takeaways: *U.S.-Euro trade tension de-escalating, bolstering euro. *Both Stoxx 50 futures and Germany’s DAX futures rose before the market. The euro rose to its highest level in May 2025 at the start of the week, a multi-week high against the U.S. dollar. This surge followed a significant development in U.S.-EU trade relations, with U.S.Continue Reading