EUR/USD bounces off lows, back to 1.1560
EUR/USD manages to pick up some pace and rebounds from earlier lows, revisiting the 1.1560 region on Friday, giving back part of Thursday’s ECB-driven rally. Meanwhile, the US Dollar trades with marked gains, supported by a cautious tone across global markets and persistent geopolitical tensions.
GBP/USD meets support around 1.3300
GBP/USD retreats on Friday, surrendering part of Thursday’s strong advance and dropping to as low as the 1.3300 region. The US Dollar draws support from the softer risk tone, making it harder for Cable to hold its ground as investors digest the latest developments around the Middle East crisis.
Gold resumes the decline, challenging $4,600
The bearish tone in Gold remains well in place for yet another day on Friday, with prices of the troy ounce of the yellow metal threatening once again the $4,600 mark. The precious metal’s decline comes on the back of persistent tensions in the Middle East, rising US Treasury yields and a firmer Greenback.
Crypto Today: Bitcoin, Ethereum and XRP steady after sentiment-driven sell-off, ETF outflows
Cryptocurrency prices are generally rising on Friday, following a sudden, widespread pullback the previous day that reflected risk-off sentiment related to the Middle East war and the Federal Reserve’s (Fed) hawkish stance on interest rate cuts in 2026.
DEEPER DIVE
The big central bank week is over: From dovish hopes to cautious patience Premium
This week’s central bank meetings delivered familiar decisions but a more uneasy undertone. The backdrop has not turned outright hawkish, but it is not dovish either. In short, steady rates, but little in the way of reassurance. What are the main takeaways for the FX galaxy?
From lows to lows: The Indian Rupee’s downward spiral has no end in sight Premium
The Indian Rupee is slipping deeper into uncharted territory, hitting a fresh record low against the US Dollar and keeping the dubious title of Asia's worst-performing currency.
Defying the doom and gloom: How Bitcoin keeps surviving every global crisis
Bitcoin is once again navigating another crisis by defying the broader risk-off sentiment. History shows a clear pattern: every major crisis has stress-tested Bitcoin and, ultimately, reinforced its long-term narrative.
CRYPTOCURRENCIES
Ripple attempts rebound amid constrained risk appetite, rising exchange reserves
XRP holds above Friday’s open at $1.45 as the broader crypto market stabilizes amid heightened volatility. XRP faces capital flight amid cooling derivatives demand and muted ETF activity.
Crypto Today: Bitcoin, Ethereum and XRP steady after sentiment-driven sell-off, ETF outflows
Cryptocurrency prices are generally rising on Friday, following a sudden, widespread pullback the previous day that reflected risk-off sentiment related to the Middle East war and the Federal Reserve’s (Fed) hawkish stance on interest rate cuts in 2026.
Global markets shift on-chain as tokenized assets challenge crypto dominance on Hyperliquid
Hyperliquid (HYPE), a Decentralized Exchange (DEX) focused on perpetuals, is expanding its presence in physical assets through tokenized trading, accounting for 40% of total platform volume.
STOCKS
US stocks recover on Netanyahu statement that Iran war soon over Premium
US stock indices recovered about 50 basis points on Thursday afternoon after a statement from Israeli Prime Minister Benjamin Netanyahu made the rounds, saying that the war with Iran would end a "lot faster than people think".
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: War continues to steal the limelight, and not for good Premium
The EUR/USD pair bounced back in the last few days, settling for the week around 1.1530. The Iran war and central banks’ monetary policy announcements took centre stage, yet none was enough to impress speculative interest.
GBP/USD: Pound Sterling tests 200-day SMA on the road to recovery Premium
The Pound Sterling (GBP) staged a late rebound from near three-month lows against the US Dollar (USD), testing the critical 1.3440 supply zone.
Gold: Major central banks’ hawkish tone weighs heavily Premium
Gold (XAU/USD) extended its slide into a third consecutive week and lost more than 6%, its worst weekly performance since March 2020, as major central banks adopted a hawkish tone because of the upside risks to inflation posed by rising energy prices.
Bitcoin: The Fed kills the vibe
US Dollar: The Dollar stumbles, but the macro story hasn’t changed Premium
The US Dollar just reminded markets that trends are rarely linear.
Week ahead – Flash PMIs and UK, Japan and Australian CPI data in focus
After hawkish Fed, dollar traders turn to preliminary PMI data. Pound set for a busy week amid inflation, PMI and retail sales numbers. Japan’s CPI to determine how likely an April BoJ hike is.
EDUCATION
Battle-tested opening range breakout for day traders
Have you ever tried trading the opening range break but ended up confused, stopped out, or just guessing where to enter? That's not a discipline problem. That's a strategy problem — and it's costing you money every single morning.
Process over prediction
Retail trading culture often revolves around prediction. Where is price going next? Is this the breakout? Has the reversal started?
PRESS RELEASES
HFM and Arsenal announce multi-year, global partnership
HFM, a leading online trading platform, today announces a new multi-year partnership with Arsenal, becoming an Official Global Partner of the club.
Proof of Talk flips the events model upside down with the establishment of the first crypto content council & podcast powerhouse
In an era of fragmented information, Proof of Talk returns to the Musée des Arts Décoratifs at the Louvre Palace on June 2 & 3 to serve as the definitive Court of Record for the digital asset industry.
GCI Trading adds cTrader: Putting transparency first
GCI Trading is proud to announce its partnership with cTrader, reinforcing a Traders FirstTM commitment built over 24 years of trusted service.