AUD/USD recovers toward 0.7050 after China's inflation data
AUD/USD is recovering ground toward 0.7050 in the Asian session on Wednesday, following the release of mixed Chinese CPI and PPI inflation data. However, it remains close to a nearly two-month low set the previous day. Fresh US strikes on Iran temper hopes for a peace deal and benefit the safe-haven US Dollar, which could limit the pair's upside.
USD/JPY sits near 160.50 intervention zone, shrugs off Japan's strong PPI
USD/JPY consolidates near 160.50, or its highest level since late April, in Asia on Wednesday as economic concerns stemming from the Middle East conflict continue to undermine the Japanese Yen (JPY). Furthermore, a fresh wave of US strikes on Iran benefits the safe-haven US Dollar and acts as a tailwind for the currency pair, countering Japan's hotter-than-expected PPI report.
Gold eyes $4,100 and US CPI as US-Iran tensions escalate
Gold is under intense selling pressure, accelerating its decline into a second straight day on Wednesday. The bright metal keeps renewing three-month lows below $4,200 as traders eagerly await the US Consumer Price Index data due later in the day.
Bitcoin remains vulnerable, Ethereum weakens further, XRP signals more downside
Bitcoin, Ethereum, and Ripple remain under pressure mid-week, as the broader cryptocurrency market struggles to regain recovery momentum after last week’s massive correction. BTC struggles below $62,000, ETH continues to weaken below $1,650, while XRP’s momentum indicators remain biased toward further downside.
DEEPER DIVE
The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing Premium
More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.
Bitcoin’s massive storm is back: Why the sell-off is far from over
Bitcoin price action over the last few weeks has felt less like a normal, healthy correction and more like a slow grinding crash that continues to wreak havoc on holdings and trading accounts.
Why Silver could be heading to $50 despite booming AI demand Premium
Silver shed roughly 10% in the first week of June and it is almost 50% down from its January record peak. But why? All logic points to Silver trading closer to $200 per ounce than $61, its 2026 yearly low.
CRYPTOCURRENCIES
XRP struggles to hold modest gains as risk-off mood caps upside
Ripple (XRP) hovers above $1.15 on Tuesday, following a rejection near $1.20. The remittance token mirrors the broader risk-off mood, with Bitcoin (BTC) stalling around $63,000 and Ethereum (ETH) trading below $1,700.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite Middle East tensions easing
Cryptocurrency prices trade amid persistent selling pressure on Tuesday. Bitcoin (BTC) hovers near $63,000, Ethereum (ETH) above $1,650, and Ripple (XRP) around $1.14.
Venice risks bearish reversal amid easing demand and revenue
Venice holds near $16 on Tuesday, extending consolidation after correcting from all-time highs last week. On-chain data show a decline in token staking and burning amid a declining revenue stream, suggesting weaker demand.
STOCKS
$1.75 trillion: Is SpaceX the most popular IPO in history, or the most engineered? Premium
On June 12, the largest initial public offering in history is set to hit the tape, and almost nobody is asking whether the price is right, because almost everybody already wants in. The Elon Musk-founded SpaceX (SPCX) is going public at a targeted $1.75 trillion market cap, raising $75 billion in equity at $135 a share, and the reception will be a stampede regardless of what the filing says.
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 Dollar meant to keep rallying despite expected ECB hike Premium
The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing Premium
Gold: Strong US labor market weighs heavily as Middle East uncertainty lingers Premium
Bitcoin: After the bloodbath, everyone looks at $60,000
United States Dollar Index firms on Middle East tensions, Fed bets
The US Dollar Index (DXY) is holding gains for the second successive day and trading around 100.10 during the Asian hours on Monday. The Greenback receives support from increased safe-haven demand after the Israeli military stated a missile had been launched from Yemen towards Israeli territory, which has been intercepted by its aerial defense systems.
Week ahead – Fed countdown begins amid US inflation data and geopolitical risks
Fed Chair Warsh’s first meeting approaches as key US inflation data could reshape expectations. Oil prices remain elevated as US-Iran talks continue; tariffs also return to the spotlight. ECB is expected to hike; will it be a one-off move or is July live?
EDUCATION
The four-hour strategy that beats chasing the move
In this video, I break down a complete 4-hour strategy built on two moving averages, the 20 SMA and the 200 SMA, and show you exactly how to read the crossover, time your entry, and manage the trade for maximum follow-through.
Why professional traders still use pivot points
In a market environment dominated by AI, algorithms and increasingly complex trading systems, many traders overlook one of the simplest and most effective tools available: Pivot Points.
PRESS RELEASES
Global broker XM introduces mutual rewards for traders and their friends
With a global database of over 20 million clients, XM is no stranger to high-value bonuses and promotions. The broker is now launching a new initiative boosting rewards within its Refer a Friend program.
The number 10 mindset: Setting the highest standards with TenTrade
United by the number 10: How TenTrade and Luís Figo meet the highest standards both in the sporting arena and the trading world.
iFX EXPO International launches iFX Hack 2026, a 24 hour trading and fintech hackathon powered by AWS
iFX EXPO International has announced the launch of iFX Hack 2026, a 24 hour Trading & Fintech Hackathon powered by Amazon Web Services (AWS).