EUR/USD drops toward 1.1700 as Iran risks, Fed bets support USD
EUR/USD stays on the back foot following Tuesday's decline and falls toward 1.1700 in the European session on Wednesday. The broad-based US Dollar strength after the hot April inflation data weighs on the pair, while the uncertainty surrounding the US-Iran conflict causes markets to cling to a cautious stance.
GBP/USD seems vulnerable near two-week low, but holds 1.3500
GBP/USD struggles to capitalize on the previous day's late bounce from the 1.3500 psychological mark, or a nearly two-week low, and remains depressed in the European trading hours on Wednesday. The UK political turmoil and inflation threats propel gilt yields, remaining a drag on the Pound Sterling. The Trump-Xi meeting is next in focus.
Gold retreats below $4,700 amid Indian curbs on imports, eyes Trump-Xi meet
Gold struggles to hold its ground following Tuesday's wild swings and trades in the red below $4,700 in European trading on Wednesday, as markets digest the latest Indian curbs on Gold buying, leaning toward profit-taking ahead of the highly anticipated meeting between US President Trump and his Chinese counterpart Jinping.
Dogecoin flashes early reversal signal as short sellers capitulate
Dogecoin edges higher after two consecutive days of losses earlier this week. The recovery aligns with the rise in short liquidations over the last 4 hours across the crypto market, signaling a potential upside shift.
DEEPER DIVE
The Fed Warsh inherits: Divided and with its independence in doubt Premium
The Federal Reserve is the central bank of the world’s most powerful economy, and prides itself on its independence. But is it? Or, better said, will it continue to be under Kevin Warsh?
The RBI’s problem with the Indian Rupee has no easy fix Premium
The Indian Rupee’s drama continues despite the RBI’s recent aggressive interventions and regulatory curbs. While these actions have caused the sharpest single-day gains in years, their effect has been wiped out in a matter of days. So why is every RBI move failing to break the Rupee’s downtrend?
UK 30-year gilts hit 5.78%, the highest since 1998: what is being priced in? Premium
UK 30-year gilts traded as high as 5.78% on Tuesday, the highest level since 1998, while 10-year yields topped 5.10% with markets pricing in nearly three-quarter-point Bank of England (BoE) rate hikes this year.
CRYPTOCURRENCIES
Solana Price Forecast: Strong ETF inflows hint at a rally
Solana price rebounds, finding support around the key technical level near $94. Strong institutional demand, with spot SOL ETFs recording inflows for the seventh consecutive day, hints at a potential rally ahead.
Crypto Overview: Bitcoin holds $80,000 as Trump travels to China – AI tokens rally
Bitcoin trades above $80,000 amid accelerating US inflation risks driven by the Iran war and US President Donald Trump’s travel to China. At the same time, AI tokens, including INJ and NEAR, are leading gains over the 24 hours.
Top 3 Price Prediction: BTC consolidates, ETH holds support, XRP eyes breakout
Bitcoin, Ethereum, and Ripple trade cautiously on Wednesday as price action approaches key technical levels. BTC stalls near the key resistance level around $82,000 while ETH holds firm above the key support at $2,275.
STOCKS
Elliott Wave analysis: Nasdaq Futures cycle ending, correction ahead
Short‑term Elliott Wave analysis indicates that the cycle in Nasdaq Futures (NQ) from the March 31, 2026 low is approaching completion as a five‑wave impulse. From that low, wave ((i)) concluded at 24,348.25, followed by a corrective pullback in wave ((ii)) that ended at 23,666.
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: Optimism may not last as tensions in the Middle East escalate Premium
The EUR/USD pair edged higher for a second consecutive week, flirting with the 1.1800 figure and settling nearby. Hopes for a deal between the United States (US) and Iran fluctuated throughout the week, but optimism prevailed despite the lack of progress.
NOK/SEK: Is the Nordic divergence only getting started? Premium
The RBI’s problem with the Indian Rupee has no easy fix Premium
Bitcoin: $82K rejection raises doubts over BTC rally durability
Bitcoin (BTC) pauses its recent rally, trading below $80,000 on Friday with modest weekly gains, as it struggles to break above a key overhead supply zone.
Week ahead – US inflation data eyed amid Iran peace hopes
Middle East headlines continue to dominate as hopes of deal grow. US CPI and retail sales data to fight for attention as Warsh takes office. UK Q1 GDP and BoJ meeting summary also on the agenda.
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.
How to detect market mispricings and turn them into high-probability trades
On Monday, GBP/USD was climbing. Most traders looking at the chart saw a bullish move and were either already long or thinking about buying the pullback. But the fundamentals were telling a completely different story — the dollar should have been strengthening.
PRESS RELEASES
FM Singapore summit 2026 day 1 wrap-up: A strong debut in Asia’s leading financial hub
The FM Singapore Summit 2026 officially opened its doors at the Suntec Singapore Convention & Exhibition Centre, marking the first-ever edition of the event in Singapore.
6 best Bitcoin AI trading bots in 2026 to help you start AI crypto trading faster
Bitcoin remains the first crypto asset many traders watch, but the way people trade Bitcoin is changing. In 2026, more traders are using an AI Crypto Trading Bot to follow market signals, automate strategy execution, and respond faster to 24/7 crypto volatility.
Lyrie completes $2 million preseed round to build the security layer for the AI agent era
Lyrie.ai, the autonomous cybersecurity platform developed by OTT Cybersecurity LLC, today announced the completion of a $2 million pre-seed funding round and the company’s official exit from stealth.