GBP/USD flies to two-week highs, targets 1.3400
GBP/USD trades well above the 1.3300 barrier on Thursday as the Greenback comes under renewed selling pressure following a softer-than-expected US NFP report in June. Meanwhile, Cable extends its multi-day recovery and looks to challenge 1.3400 sooner rather than later.
Gold hits six-day tops past $4,100
Gold extends its bullish momentum on Thursday, climbing above the $4,100 mark per troy ounce to reach its highest level in a week. The precious metal’s sharp rebound comes as the US Dollar retreats following disappointing US NFP data.
EUR/USD climbs to multi-day highs near 1.1440
EUR/USD advances to the 1.1470 area, or multi-day peaks, on Thursday. The pair’s marked recovery comes in response to the broad US Dollar pullback, as investors continue to assess the latest NFP data and the persistent sell-off in USD/JPY.
Crypto Today: Bitcoin, Ethereum, XRP steady rebound as US and Iran conclude positive talks in Doha
The cryptocurrency market broadly rises on Thursday, reflecting improvement in risk sentiment following an extended period of selling pressure. Bitcoin is back above $60,000 after testing support at $58,000 earlier in the week.
DEEPER DIVE
Kevin Warsh offers no policy clues: Why markets still got their answer
Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.
2.25% rates and a wide discount: Why the Loonie isn't an Oil trade
The Loonie is trading at a 12-month low against the Greenback, and Oil is the only story the desk wants to tell about it. That story is wrong, or at least it answers the wrong question.
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, Ethereum, XRP stay under pressure as investors turn more risk-averse
The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.
Pi Network holds on thin ice with 76 million tokens ready to be unlocked
PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.
Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty
Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.
STOCKS
Johnson & Johnson flashback update: Wave five extension in progress toward new highs
As discussed back on June 10, Johnson & Johnson was expected to continue higher after completing a complex wave 4 correction. That scenario played out, with price pushing back to all-time highs. A projected wave 5 now appears to be in progress, with further upside potential as a lower-degree five-wave bullish impulse unfolds.
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?
Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.
US Dollar: The Dollar's second wind as markets rethink the Fed 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
Moneta Markets launches OpenAI and Anthropic Share CFDs
Moneta Markets has announced the launch of new crypto CFDs linked to OpenAI and Anthropic, expanding its product range with two of the most closely watched names in artificial intelligence.
OneRoyal rewards top partners with Cartagena Bootcamp
Award-winning broker OneRoyal is taking its highest-performing partners on an all-expenses-paid trip to Colombia for Cartagena Bootcamp 2026.
XTB Institutional wraps up iFX EXPO International 2026
XTB Institutional, formerly known as X Open Hub, part of XTB Group, was among the exhibitors at iFX EXPO International 2026.