Fed leaves rates unchanged, US Dollar under pressure – LIVE
The Federal Reserve left the benchmark interest rate unchanged in the range of 3.5%-3.75% as widely anticipated by market players. The Summary of Economic Projections includes upward revisions to inflation and downward revisions to growth. Fed Chair Jerome Powell coming up next.
EUR/USD mute around 1.1510 after Federal Reserve's announcement
EUR/USD ticked modestly higher, but remains within familiar levels after Fed's monetary policy announcement, and as policymakers maintain the outlook for one rate cut in 2026.
Gold holds near fresh one-month lows in the Fed's aftermath
Gold remains under selling pressure on Wednesday, slipping below the $4,900 mark to hit new six-week lows. The move is driven by a firmer US Dollar following stronger-than-expected inflation data, and as the Fed unveils its latest monetary policy decision.
WTI Oil prices steady above $90 as Middle East war persists,
Oil prices move higher as geopolitical tensions remain elevated. Iraq-Turkey export deal helps ease immediate supply disruption fears. Rising US Crude inventories point to softer demand conditions.
DEEPER DIVE
Gold is sending a message to markets Premium
Gold has a habit of moving before the macro narrative becomes obvious. What are its recent price moves telling us? In recent weeks, the precious metal has been quietly regaining momentum, even as interest rate expectations remain uncertain and global growth signals stay mixed.
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 expands in Brazil as XRP holds steady despite geopolitical volatility
Ripple hovers above $1.52 at the time of writing on Wednesday, as cryptocurrency prices steady despite the ongoing war in the Middle East. The remittance token is showing an improving technical outlook, holding onto weekly gains from the opening of $1.45.
Crypto Today: Bitcoin, Ethereum, XRP slide despite market sentiment mildly improving
Cryptocurrency prices are edging lower, as reflected by Bitcoin falling below $73,000 at the time of writing on Wednesday. Ethereum hovers below $2,300, mirroring Bitcoin’s volatility, while Ripple extends its correction beneath the pivotal $1.50 level.
Ripple faces pressure as card giants Visa and Mastercard enter the stablecoin race
Ripple is facing new competition in the stablecoin payments race from payment giants such as Visa and Mastercard. The shift in market focus to stablecoins for cross-border payments, micro-transactions, and agentic-economy support is brewing competition and reinvigorating investor interest in Ripple.
STOCKS
S&P 500 outlook: Dive to 6,500 or lower?
In this analysis, we revisit our earlier outlook on the S&P 500 that was shared in advance when the index was trading near the 6746 level. At that stage, the wave structure suggested a clear bearish bias, indicating the potential for a downward move to unfold in the sessions ahead.
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 escalates alongside inflation ahead of Fed, ECB Premium
The EUR/USD pair fell to fresh 2026 lows in the 1.1430 region, settling not far above the level, as the US Dollar (USD) soared amid war-related fears as the Middle East crisis escalates on a daily basis.
GBP/USD: Pound Sterling remains bearish while under 200-day SMA Premium
The Pound Sterling (GBP) remained vulnerable while in a bearish consolidation phase against the US Dollar (USD) below the 1.3500 threshold.
Gold: Bearish pressure builds up as inflation fears lift USD Premium
For the second consecutive week, Gold (XAU/USD) failed to benefit from the risk-averse market atmosphere and registered losses as growing inflation fears boosted the US Dollar (USD).
Bitcoin: Outperformance set to extend as ETF inflows stay strong despite war fears
Bitcoin (BTC) shows strength so far this week, trading above $71,000 on Friday, despite continued uncertainty stemming from the prolonged US-Iran war.
US Dollar: The King is rising again – Here’s what’s driving it Premium
The US Dollar is quietly regaining momentum. With global tensions flaring up again, the dollar is once more proving its worth as a safe haven for investors around the globe.
Week ahead – Geopolitics drive markets as central banks turn more hawkish
Geopolitics and oil price dominate market sentiment. Dollar strength could linger if Middle East conflict escalates; could gold follow suit? Seven central banks meet next week; the RBA is closest to a rate hike. Fed and ECB to remain cautious; SNB could surprise with negative rates.
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
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.
Spotware introduced cBridge – a cost-effective liquidity bridge for all platforms
Spotware recently launched cBridge, a standalone and platform-agnostic liquidity bridge, offering infrastructure-based pricing that can reduce bridge costs by up to 80%.