EUR/USD test 1.1700 as USD benefits from risk-aversion
EUR/USD stays on the back foot and test 1.1700 in the European session on Tuesday. The uncertainty over the second round of US-Iran peace talks underpins the safe-haven US Dollar and doesn't allow the pair to stage a rebound as focus shifts to this week's critical central bank meetings.
GBP/USD drops to 1.3500, pressured by souring mood
GBP/USD holds lower ground near 1.3500 in Tuesday's European trading. The Pound Sterling softens against the US Dollar as traders turn risk-averse amid the US-Iran stand-off and ahead of the Federal Reserve and the Bank of England policy announcements due later this week.
Gold drops toward $4,600 as Middle East uncertainty persists
Gold comes under bearish pressure and declines toward $4,600 on Tuesday, trading at a fresh three-week low. The uncertainty over the second round of US-Iran peace talks assists the US Dollar in attracting some buyers, which is seen weighing on the commodity. However, expectations for a less hawkish US Federal Reserve could limit losses for the non-yielding bullion ahead of the key central bank event risk.
Ripple extends losses after closing below key level; XLM remains under pressure
Ripple and Stellar remain under pressure on Tuesday as mixed market sentiment keeps price action subdued. XRP extends its decline after slipping below a key technical support level, while XLM remains well below major resistance zones.
DEEPER DIVE
Why does Bitcoin seem not to care about the Middle East War?
The Iran war has messed many assets, with one notable exception: Bitcoin. The price of the main crypto has been surprisingly resilient in the past few weeks and way less volatile than other assets considered risky, such as US equities.
Kevin Warsh: To please or not to please President Trump Premium
United States President Donald Trump’s nominee to succeed Jerome Powell as Federal Reserve Chair, Kevin Warsh, faced senators, and there was no subtlety. When directly asked if he believes his nomination was directly linked to Trump’s “obsession” with lower rates, the answer was no surprise.
AI could quickly become the Fed’s new problem Premium
A strong economy and a flimsy labor market don’t typically go hand in hand. For the Fed and other central banks, the playbook has long been straightforward: weak hiring calls for lower interest rates, while an overheating economy and inflation above target justify tighter policy.
CRYPTOCURRENCIES
Enjin Coin Price Forecast: ENJ extends losses as bearish pressure builds
Enjin Coin price slips below $0.059 on Tuesday, extending its correction by over 6% in the previous two days. The bearish price action is supported by weakening on-chain and derivatives data, which shows growing short positioning.
Crypto Overview: Bitcoin bets flip bearish while PENGU, PI, and JUP sustain gains
Bitcoin trades below $77,000 as the broader market risk-on sentiment eases. The long-to-short ratio in BTC futures drops below 1, signaling a near-term bearish bias among traders. Meanwhile, Pudgy Penguins, Pi Network, and Jupiter sustain gains over the last 24 hours.
US lawmaker pushes Bitcoin self-custody protections amid revived reserve bill
US Rep. Nick Begich declared Bitcoin self-custody as "fundamental to the principles of financial sovereignty, case privacy and personal liberty," at the Bitcoin 2026 conference in Las Vegas. He argued that developing laws to promote self-custody is good for the crypto industry.
STOCKS
SOX hits extreme overbought levels: What history says happens next
The recent 50% rally in the semiconductor index (SOX), with an unprecedented 18 consecutive up days, has been a sight to behold, pushing many forecasts and indicators to their limits.
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 and central banks in the limelight Premium
The EUR/USD pair ended a three-week winning streak and settled below the 1.1700 mark as the US Dollar strengthened amid Middle East uncertainty.
Will reopening Hormuz fix the energy market? Not really Premium
Bitcoin: Market structure shifts to bullish
Bitcoin looks set for a fourth consecutive week of gains, hinting at a bullish market structure as it faces resistance at the $80,000 psychological level.
Week ahead – Geopolitics, central bank meetings and earnings test market resilience
Middle East developments drive market sentiment as negotiations appear to have stalled. An action-packed week ahead, with key GDP prints, central bank meetings and pivotal US earnings. US Dollar rebound to be tested if ME newsflow improves and/or ECB and BoE turn hawkish.
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.
Risk is a system, not a percentage
Ask a trader how they manage risk and the answer is often immediate: “I risk one percent per trade.” It introduces discipline. It prevents overexposure. For many, it is where risk management begins.
PRESS RELEASES
fmas returns to Cape Town as Africa’s biggest online trading summit
fmas returns to Cape Town on 26–27 May 2026, bringing Africa’s trading and fintech community together at the CTICC once again, for the largest trading summit on the continent.
Beyond the core: cTrader add-ons and their value for brokers
With cTrader’s add-ons, brokers can expand platform functionality, improve trader engagement and reduce the total cost of ownership.
IUX engages Nigeria trading community at Trader Fair Lagos 2026
IUX highlights its participation at Trader Fair Lagos 2026, where the company joined as a Gold Sponsor and exhibitor, engaging with traders, partners, and industry participants across Nigeria’s growing trading community.