Monthly Archives: May 2025
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
USD/JPY Falls as BoJ Rate Hike Bets Intensify Following Upbeat Inflation Data

Written on May 26, 2025 at 5:59 am, by
Key Takeaways: *Japan’s April core inflation rose to 3.5% YoY, above forecasts. *BoJ’s policy normalization expectations strengthen following hawkish comments from Deputy Governor Uchida. The Japanese yen extended its rally on Tuesday, prompting a further decline in the USD/JPY pair, as markets absorbed a stronger-than-expected inflation print that renewed speculation of additional tightening by theContinue Reading