EUR/USD trims gains, challenges 1.1400
EUR/USD now gives away part of its earlier advance, receding toward the 1.1400 contention zone on Thursday. Meanwhile, the pair’s recovery comes amid extra losses in the US Dollar, at the time when while investors continue to monitor developments in the Middle East and sentiment surrounding global technology stocks.
GBP/USD loses momentum, flirts with 1.3200
GBP/USD is struggling to maintain its positive bias on Thursday, retreating toward the 1.3200 region in response to the pick in the buying interest around the Greenback. That said, Cable remains under scrutiny as cautious market sentiment keeps investors focused on the US-Iran conflict and political effervescence in the UK.
Gold remains bid and close to $4,100
Gold accelerates its recovery and approaches the key $4,000 mark per troy ounce at the end of the week, adding to Thursday’s advance. However, expectations for a hawkish Fed remain steady and keep the yellow metal’s potential upside contained.
Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.
DEEPER DIVE
Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose
The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.
5.90% to 5.45%: Why the Pound ignored the bond market’s relief rally Premium
Keir Starmer resigned on Monday, and the Pound barely moved. That near-silence is the tell. Sterling's real driver these past four months has not been the prime minister, nor the left-leaning frontrunner lining up to replace him, but the long end of the gilt curve, which answers to a force no British politician controls.
Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash
Shiba Inu, the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.
CRYPTOCURRENCIES
Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.
Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?
Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.
XRP clings to $1 as long liquidations deepen bearish trend
Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.
STOCKS
Semiconductor Index rally faces Elliott Wave resistance as next pullback targets emerge
In our June 9 update on the semiconductor index, we found, using the Elliott Wave Principle, that “With the red Wave-iii complete and exceeding the 161.80% level at $13,336 by 662p, we can now expect the red W-iv, which often targets the (blue) 100.0%, to stall ~662p north of it ($9,523 + $662 = $10,185), which aligns with the $10,390-11,490 target zone shown in Figure 1.
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: US employment and central banks’ leaders take the stage Premium
The US economy beat the Iran shock. Can it beat inflation too?
Gold: Sell-off intensifies, putting the $4,000 handle at risk Premium
Bitcoin: BTC hits 20-month low, will the pain continue?
US Dollar: The last mile just got longer Premium
Week ahead – NFP report to challenge Dollar strength and the hawkish Fed
Dollar strength dominates markets, as the hawkish Fed overshadows geopolitics and lower oil prices. NFP week could drive September Fed hike expectations and boost market volatility. The Euro lacks fresh bullish catalysts, all eyes on the preliminary inflation report and the ECB Forum.
EDUCATION
Four mental models that quietly separate profitable traders from the rest
Trading advice focuses on what to think. It rarely answers a simpler question: what should you actually do differently in your next session? After years in the markets and the drawdowns that come with them, the lessons that stuck weren't about indicators or motivation.
The habits that actually separate consistent traders from everyone else
There's a version of every trader who shows up at 3 a.m., wide awake, replaying a trade that closed six hours earlier. Recalculating what should have happened. Knowing, somewhere underneath the recalculation, that the strategy wasn't the problem.
PRESS RELEASES
Virell Trade launches Stabliq Wallet for stablecoin management on Ethereum and TRON
Fintech developer Virell Trade has officially announced the launch of Stabliq Wallet, a secure, non-custodial cryptocurrency wallet engineered specifically for the management of stablecoins across the Ethereum and TRON networks.
STARTRADER lists SpaceX (SPCX) CFD days after historic Nasdaq debut
STARTRADER has added SPCX CFD (Space Exploration Technologies Corp.) to its trading platform, making the instrument available on MT5 from 15 June 2026 and on the STARTRADER App from 18 June 2026.
ExumPay launches White-Label payment platform for enhanced payment control
ExumPay, a leading provider of white-label payment gateway and payment orchestration technology, launched its next-generation platform designed to give payment providers, banks, ISOs, and merchants complete control over their payment operations through a fully branded, scalable infrastructure.