Bitpanda Enters the UK, Cohere Hits $6.8B, USD Rises on Hotter PPI (Aug 15, 2025)
Today’s session opens with a mix of crypto expansion, AI funding momentum, and inflation‑driven FX moves. Bitpanda’s UK launch, Cohere’s $6.8B valuation after a $500M raise, and a stronger USD on a hotter‑than‑expected July PPI set the tone. Below we break down the fundamental drivers, key technical levels on major FX pairs, and the day’s macro events.
Top Market Headlines
Bitpanda targets the UK as a top‑three market within two years
Bitpanda has launched operations in the United Kingdom, rolling out its retail investment app and corporate arm, Bitpanda Technology Solutions. Management aims to make the UK one of the company’s top three markets over the next two years, underscoring London’s importance as a global fintech hub and the continuing institutionalization of digital‑asset rails.
Cohere’s valuation climbs to $6.8B after a $500M fundraise
AI infrastructure remains in focus: Cohere secured $500 million, lifting its valuation to $6.8 billion. The fresh capital should help expand its product stack and go‑to‑market reach as competition intensifies across model development, inference efficiency, and enterprise deployment.
USD advances as July producer prices surprise to the upside
The US Producer Price Index (PPI) for July rose more than expected, pushing the US dollar higher across the board. The data hints at stickier inflation in services and goods, complicating the path for policy normalization and recalibrating rate‑sensitive assets.
FX Technical Update — Key Levels to Watch
Pair | Bias/Signal | Support | Resistance |
---|---|---|---|
GBP/USD | −0.3%; ROC negative | 1.3433 | 1.3624 |
EUR/USD | −0.5%; MACD positive | 1.1531 | 1.1749 |
AUD/USD | −0.8% after +1.1% intraday; Stoch‑RSI overbought | 0.6376 | 0.6602 |
USD/JPY | +0.4%; Williams %R positive | 144.9 | 149.04 |
Trading takeaways
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Momentum favors the USD, but EUR/USD’s positive MACD suggests potential for rebounds toward 1.1749 if 1.1531 holds.
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GBP/USD remains vulnerable while the ROC stays negative; watch 1.3433 support.
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AUD/USD overbought conditions warn of pullbacks toward 0.6376 unless buyers reclaim 0.6602.
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USD/JPY strength persists while above 144.9; a break above 149.04 opens higher ranges.
Today’s Economic Calendar (GMT)
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04:30 — Japan Industrial Production
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04:30 — Japan Capacity Utilization
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12:30 — US Export Price Index
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12:30 — US Import Price Index
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17:00 — US Baker Hughes Oil Rig Count
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19:30 — CFTC JPY NC Net Positions
Why it matters
Japanese production metrics can sway JPY crosses early in the session. US price indices will be parsed for confirmation of the PPI trend, while the rig count shapes energy‑market sentiment. CFTC positioning offers a check on speculative flows in JPY.
Outlook & Risk Management
Directionally, inflation‑surprise risk supports USD on dips. However, with mixed technicals—particularly the positive MACD on EUR/USD—traders may prefer level‑based strategies: fade extremes near resistance, respect stops under support, and re‑assess after each macro print.
Risk warning: Trading CFDs/FX involves significant risk and may not be suitable for all investors.