EUR/USD pushes harder; focus is back to 1.1400
EUR/USD’s daily recovery now gathers steam, sending spot to the vicinity of the key 1.1400 barrier on Thursday. The pair’s bounce follows some decent loss of momentum in the US Dollar in the wake of the release of US PCE data and the weekly labour market readings.
GBP/USD climbs to two-day highs past 1.3200
GBP/USD picks up extra pace and surpasses the 1.3200 threshold on Thursday. That said, Cable manages to shrug off initial weakness and regain balance on the back of the fresh selling pressure hurting the Greenback.
Gold pops to daily peaks north of $4,000
Gold reverses part of its recent weakness on Thursday, managing to reclaim the area just above the $4,000 mark per troy ounce. The precious metal regains traction on the back of renewed selling interest in the Greenback, although expectations of rate hikes by the Fed are likely to keep buyers on the sidelines for now.
USD/JPY alternates gains with losses around 161.70
USD/JPY treads water around the 161.70 region after faltering just ahead of the key 162.00 earlier in the day. Meanwhile, traders continue to brush aside the risk of Japanese FX intervention as they continue to digest the latest US data releases.
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
Aave Price Forecast: AAVE surges as capital flows return to DeFi
Crypto Market Overview: Bitcoin tests $60,000 as whales sell off – Aave and Jupiter show resilience
The broader cryptocurrency market remains under intense selling pressure, with Bitcoin back at $60,000 for the third time this year. On-chain data shows selling pressure from large-wallet investors, commonly referred to as whales, while total liquidations hit nearly $1 billion in 24 hours.
XRP Price Forecast: Ripple and SBI Group partner to launch RLUSD in Japan
Ripple remains under pressure, trading at $1.06 after losing nearly 5% so far this week. Ripple and SBI Group partnered to launch RLUSD stablecoin in Japan following approval from the Japan Financial Services Agency on Thursday, but the move failed to lift sentiment.
STOCKS
Micron (MU) reports Q3 earnings: What key metrics have to say
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: Winds of change blowing into the Federal Reserve Premium
GBP/USD battles 1.3200 as UK PM Starmer set to resign
GBP/USD is facing moderate selling pressure in Asian trading at the start of the week on Monday, as the British Pound stays vulnerable amid the UK political chaos. UK PM Keir Starmer is expected to announce an exit plan on Monday, paving the way for Andy Burnham to become PM.
Gold: Hawkish Fed leads to third consecutive weekly loss Premium
Bitcoin: Recovery hopes fade after the Fed spoils the party
US Dollar: The last mile just got longer Premium
Week ahead – Fed’s hawkish tilt and Iran deal turn focus to PCE inflation and PMIs
US PCE inflation data eyed after Warsh’s surprise hawkish debut. June PMIs in the spotlight too as US-Iran deal eases energy crunch. CPI data for Australia, Canada and Tokyo also on tap.
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.