EUR/USD stays in the red below 1.1650 as US-Iran conflict drags on
EUR/USD trades in negative territory below 1.1650 in the European morning on Tuesday. The pair softens as the US Dollar finds renewed haven demand amid persistent uncertainty around a likely US-Iran peace deal. The Greenback also capitalized on increased Fed rate hike bets due to the war-driven inflation risks.
GBP/USD struggles near 1.3400 after UK labor data
GBP/USD keeps the red near 1.3400 in the early European trading hours on Tuesday. The British Pound pays little heed to the mixed UK labor market report, facing headwinds from the UK political turmoil. UK Prime Minister Keir Starmer is facing a major leadership crisis following poor local election results on May 7, triggering a wave of high-level government resignations and severe market volatility.
Gold sticks to intraday losses as geopolitics and Fed hike bets underpin US Dollar
Gold extends its steady intraday descent heading into the European session and remains close to the lowest level since March 30, set the previous day. Despite renewed hopes for a potential US-Iran peace deal, investors remain skeptical amid major disagreements over Tehran's nuclear program and the Strait of Hormuz. Furthermore, hawkish US Federal Reserve expectations assist the US Dollar to regain positive traction and act as a headwind for the non-yielding bullion.
Chiliz Price Forecast: Derivatives-backed uptrend targets further gains
Chiliz continues to trade in green above $0.049 after having rallied nearly 5% in the previous day. CHZ is outperforming the broader cryptocurrency market so far this week, as the token’s resilience appears to be driven by improving sentiment in the derivatives market.
DEEPER DIVE
Fed’s hawkish pivot may be closer than markets expect Premium
A 6% Producer Price Index print, the hottest in nearly four years, landed on a market that has spent most of 2026 quietly preparing for the wrong policy regime. The assumption being made by markets is that the Fed will not have the stomach to hike interest rates even if inflation keeps screaming higher.
India’s battle against Gold-related outflows could backfire Premium
Indian authorities have stepped up efforts to protect the country’s foreign-exchange reserves and stabilize the Indian Rupee. Gold purchases are one area in focus, but the crackdown on the precious metal could end up creating a bigger problem than the one it is trying to solve.
UK 30-year gilts hit 5.78%, the highest since 1998: what is being priced in? Premium
UK 30-year gilts traded as high as 5.78% on Tuesday, the highest level since 1998, while 10-year yields topped 5.10% with markets pricing in nearly three-quarter-point Bank of England (BoE) rate hikes this year.
CRYPTOCURRENCIES
SEC plans to push tokenized stock trading as CLARITY Act advances to Senate floor
The US Securities and Exchange Commission is expected to release an “innovation exemption” framework for tokenized stock trading, which could create a 24/7, decentralized vertical. The Digital Asset Market Clarity Act, advancing to a full Senate vote, paves the way for tokenized trading.
Chiliz Price Forecast: Derivatives-backed uptrend targets further gains
Chiliz continues to trade in green above $0.049 having rallied nearly 5% in the previous day. CHZ is outperforming the broader cryptocurrency market so far this week, as the token’s resilience appears to be driven by improving sentiment in the derivatives market.
Crypto Overview: Bitcoin retreats amid Middle East tensions – Ondo, Zcash rebound on rising TVL, social activity
Bitcoin trades around $76,000 amid renewed stress on the US-Iran ceasefire. However, Ondo and Zcash have emerged as top performers over the last 24 hours, with a rebound driven by rising Total Value Locked in tokenized stocks and social activity, respectively.
STOCKS
US stock market reels lower as Treasury yields soar Premium
The US Treasury market is rearing its head once again on Friday, this time causing a broad sell-off in US market indices. The NASDAQ Composite opened up close to 1.4% lower, while the S&P 500 and Dow Jones Industrial Average are both off between 0.5% and 1.0%.
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: No more waiting despite uncertainty leads Premium
The US Dollar (USD) surged the most in two weeks in mid-May, resulting in EUR/USD falling to 1.1617, its lowest in over a month. The pair held nearby as Friday came to an end, hinting at a downward continuation in the upcoming days.
Gold: Sellers return on hawkish Fed bets and Middle East uncertainty Premium
Gold (XAU/USD) edged higher at the beginning of the week but made a sharp U-turn as the US Dollar (USD) gathered strength on hot inflation data, closing the week in the red by losing more than 3% of its value.
GBP/USD: Surging UK Gilt yields raise burden on British Pound Premium
GBP/USD saw its worst week in the past few months, losing around 2%, as the US Dollar (USD) regained its strength and the British Pound (GBP) weakened. Market sentiment turned risk-off due to United States (US)-Iran negotiations failing to get a breakthrough, the US Dollar drew support from hot US
Bitcoin: Is the month-long rally over?
Bitcoin (BTC) edges slightly lower so far this week, trading at $80,800 on Friday after being rejected around the key overhead supply zone.
US Dollar: Higher for longer is back, and the Dollar is loving it Premium
Quite a week for the US Dollar (USD). The currency posted gains in every session since Monday, pushing above the key 99.00 hurdle by Friday and reopening the door to a potential revisit of the psychological 100.00 barrier sooner rather than later.
Week ahead – Geopolitics, Warsh, Nvidia and data to test markets
Stalled US-Iran talks support high oil prices and periodic risk-off market moves. Focus shifts to new Fed Chair and Fedspeak as inflationary pressures accelerate. Nvidia earnings could extend or derail the US equity rally; gold lacks bullish catalysts.
EDUCATION
Prop trading in the United States: Why more traders are looking at futures
The United States is a major financial market, but it is much more restrictive for retail traders who want to try prop trading. As a result, US traders face a different prop-trading environment than those in Europe, Asia, or offshore locations.
How to detect market mispricings and turn them into high-probability trades
On Monday, GBP/USD was climbing. Most traders looking at the chart saw a bullish move and were either already long or thinking about buying the pullback. But the fundamentals were telling a completely different story — the dollar should have been strengthening.
PRESS RELEASES
cTrader launches official MCP servers for AI-powered trading
cTrader is launching cTrader AI Agent Connect, the first built-in AI agent solution in FX/CFD trading, combining two MCP servers with a skills library.
CFI launches local stock trading on DFM, signature moment for investors
CFI Financial Group, the region’s leading online trading provider, is proud to announce the launch of more than 40 local stocks listed on the Dubai Financial Market (DFM).
Forex Expo Dubai moves forward as scheduled in September for largest regional gathering
The annual forex, fintech and online trading technology expo will gather leading brokerages, investors and trading professionals at World Trade Centre.