EUR/USD treads water around 1.1630
The slightly better tone in the risk-linked galaxy prompts EUR/USD to trade with modest gains around the 1.1630 level on Wednesday. In the same line, the US Dollar alternates gains with losses in context of unabated uncertainty surrounding developments in the Middle East alongside steady hopes of a reopening of the Strait of Hormuz sooner rather than later.
GBP/USD looks offered near 1.3430
GBP/USD loses further ground, adding to Tuesday’s pullback and revisiting the area of 1.3430, or weekly troughs, on Wednesday. Indeed, Cable continues to suffer the better tone in the Greenback and challenges its key 200-day SMA, while concerns stemming from the UK political scenario also keep the British Pound under scrutiny.
Gold meets initial contention at $4,400
Gold remains under heavy pressure on Wednesday, building on Tuesday’s retracement although meeting some initial support around the key $4,400 mark per troy ounce. The yellow metal’s decline comes amid humble gains in the US Dollar, while the geopolitical landscape remains fragile despite rumours of an imminent US-Iran agreement.
Crypto Today: Bitcoin, Ethereum, XRP hover near key support as investors assess geopolitical risks
Cryptocurrency prices are broadly consolidating near key short-term support levels, with Bitcoin trading around $76,000 at the time of writing on Wednesday. Ethereum remains below the critical $2,100 resistance and holds firmly above $2,100.
DEEPER DIVE
Gold to shine again? Peace hopes provide lift, but hopes alone aren’t enough Premium
Gold is supposed to be the go-to asset as a solid hedge against geopolitical crisis. The Iran war has shown this isn’t always the case and that other factors may overpower the geopolitical factor. What’s behind the recent Gold underperformance, and what could support prices going forward?
Nvidia made $58 billion in a quarter: Here’s what is really driving profits Premium
Nvidia (NVDA) has now beaten Wall Street in something like 18 of its last 20 quarters, and for three reports running, the stock has been sold off on reaction anyway.
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.
CRYPTOCURRENCIES
Ripple holds near $1.33 support amid modest capital inflows
Ripple extends its consolidation around $1.33 at the time of writing on Wednesday, as market participants largely remain on the sidelines awaiting clarity over a potential Memorandum of Understanding between the US and Iran.
Crypto Today: Bitcoin, Ethereum, XRP hover near key support as investors assess geopolitical risks
Cryptocurrency prices are broadly consolidating near key short-term support levels, with Bitcoin trading around $76,000 at the time of writing on Wednesday. Ethereum remains below the critical $2,100 resistance and holds firmly above $2,100.
Here’s why RWA, AI, and privacy tokens are outperforming Bitcoin
Tokenized Real-World Assets (RWAs), Artificial Intelligence (AI), and privacy are the most trending narratives in the crypto market, outperforming Bitcoin (BTC) and other major altcoins.
STOCKS
Here's what key metrics tell Us about Ooma Q1 earnings
Ooma (OOMA - Free Report) reported $81.15 million in revenue for the quarter ended April 2026, representing a year-over-year increase of 24.8%. EPS of $0.35 for the same period compares to $0.20 a year ago.
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: Awaiting more war-related headlines and central banks Premium
The EUR/USD pair fell for a second consecutive week, settling not far above a fresh multi-week low of 1.1576. War-related headlines kept driving financial markets, coupled with mounting speculation that the United States (US) Federal Reserve (Fed) will deliver a rate hike before the year is over.
Gold: Downside remains exposed on US-Iran uncertainty, hawkish Fed expectations Premium
Gold (XAU/USD) struggled to attract buyers as uncertainty surrounding the conflict between the United States (US) and Iran caused markets to continue pricing in a hawkish tilt in the Federal Reserve (Fed) policy expectations.
A new Fed chair, an old instinct: Why markets may be misreading Warsh
Kevin Warsh was sworn in as the 17th head of the Fed on Friday, the first chair to take the oath at the White House since Alan Greenspan in 1987, a venue choice that says plenty about how close this central bank now sits to the executive branch. The optics got stranger from there.
Bitcoin: The return of the sellers
Bitcoin (BTC) remains under pressure so far this week, consolidating around $77,000 on Friday after being rejected from the overhead supply zone the previous week. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows.
US Dollar: What’s up, Kevin? Premium
The US Dollar’s (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field.
Week ahead – US PCE inflation in focus amid Middle East uncertainty, RBNZ decides on rates
Middle East developments keep the dollar range bound. But Fed rate hike bets remain elevated ahead of key US PCE data. RBNZ decision and Australia CPI data to text steep implied rate paths.
EDUCATION
One line, three setups: The only moving average you need?
Ask 10 traders what's on their chart, and you'll see the 9 EMA come up again and again. There's a reason it's so popular. In this video, I break down the 3 most common ways top traders use the 9 EMA to trade futures, forex, gold and indices.
The market is repricing the future
Financial markets are again entering a period where traders and investors must look beyond isolated price movements. The current market situation is not defined by one asset class, one economic indicator, or one central bank statement.
PRESS RELEASES
fmas:26 concludes successfully, bringing together Africa’s online trading and fintech community
fmas:26 successfully wrapped up another impactful edition, bringing together leading brokers, fintech innovators, affiliates, IBs, traders, investors, payment providers, and technology companies from across Africa and beyond.
fmas:26 kicks off with a packed exhibition floor and high-energy networking on day 1
fmas:26 officially opened its doors today 26th of May, welcoming thousands of industry professionals, traders, fintech innovators, brokers, affiliates, IBs, and service providers for an exciting first day at the Cape Town International Convention Centre (CTICC).
The race to launch: Why 15 days is becoming the benchmark for prop firms
Most prop firm founders do not lose to better competitors, but to slower ones.