8th September – FXTP Monday Market Update #194 – Banking Stocks take a pause?

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Hello Traders,

Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few ‘charts of interest’ thrown in. There are no trade recommendations, this is not a signal service – just what I am looking at and interested in.

Today we looked at; FX STAM, Financial Select Sector SPDR Fund ($XLF), Bank of America Corporation ($BAC), and Deutsche Bank ($DB).

The Monday Market Update for September 8, 2025, highlighted key trends in the Forex and commodities markets. The Swiss franc surged to the top, helped by weak U.S. jobs data, while the U.S. dollar weakened inspite of political instability in Japan and France. The Dow, S&P 500, and Russell 2000 remained in strategic buying environments, despite recent job data. Oil and gold maintained their previous trends, with gold remaining a strong buy. Bitcoin showed tactical bearishness. The DAX and FTSE faced potential short positions due to political uncertainties. The upcoming economic data, including PPI, CPI, and FOMC, will significantly impact market sentiment.

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $N225, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, $AUD, $CHF, $NZD and $GBP.

Have a great trading week. We return next week at 1230.

Trade well,

Paul

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