EUR/USD retreats toward 1.1500 despite ECB rate hike
EUR/USD stays under bearish pressure and declines toward 1.1500 in the American session on Thursday. Although the European Central Bank raised key rates by 25 bps after the June meeting, the pair struggles to hold its ground as US President Donald Trump's renewed threat to hit Iran weighs on sentiment and supports the US Dollar.
GBP/USD extends slide below 1.3350 on renewed USD demand
GBP/USD is falling below the 1.3350 level in the American session on Thursday. Increased hawkish Fed bets and looming Mideast geopolitical risks sponsor the latest leg up in the US Dollar, particularly after the Producer Price Index jumped to 6.5% YoY in May.
Gold challenges fresh 2025 lows below $4,100
Gold struggles to stage a rebound and trades below $4,100 in the American session on Thursday. Mixed producer inflation data from the US and a further escalation of tensions in the Middle East don't allow the precious metal to shake off the bearish pressure.
Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes
Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.
DEEPER DIVE
4.2% headline, 0.2% core: Why the Fed's next hike may be targeting the wrong problem Premium
May's CPI put headline inflation at 4.2% on the year, up from 3.8% in April and the hottest reading since April 2023, while core prices rose just 0.2% on the month, undershooting the 0.3% consensus and halving April's pace.
$1,500: Why Ethereum just crashed 20% despite spot markets barely selling
Ethereum recently suffered one of its sharpest declines of 2026, dropping more than 20% and briefly testing the $1,500 area. While the sell-off appeared to reflect broader market fears, derivatives and on-chain data suggest a more complex story may be unfolding beneath the surface.
Brutal sell-off: Silver deepens months-long slide, refocusing on $60
Silver has never been known for its calm temperament. The precious metal can spend weeks grinding higher before suddenly giving back months of gains in a matter of days. That volatile reputation has been on full display in recent weeks.
CRYPTOCURRENCIES
Ripple ticks up as buyers re-engage
Ripple trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.
Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes
Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.
Bitcoin stages modest rebound ahead of US PPI data
Bitcoin recovers slightly, trading above $62,500 on Thursday after three consecutive days of losses. US-listed spot ETFs recorded outflows of $213.85 million on Wednesday, indicating persistent withdrawals amid renewed US-Iran tensions.
STOCKS
Oracle hits a confidence air pocket as the AI tape starts reading the invoice
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
JustMarkets wins "Most Innovative Broker" at FMAS 2026 for the second consecutive year
JustMarkets receives back-to-back recognition as the most innovative broker in Africa at the Finance Magnates Africa Summit, reinforcing its position as a leading trading platform across the continent.
Canada Crypto Week returns July 20–26, celebrating the future of Web3, digital assets and AI
Canada Crypto Week returns July 20–26, 2026, for its sixth year, bringing together dozens of events across Canada focused on cryptocurrency, digital assets, and artificial intelligence.
RedotPay secures Mexico virtual asset service provider registration, reinforcing compliance-first expansion
RedotPay, a global stablecoin-based payment fintech company announced the successful completion of its Virtual Asset Service Provider (VASP) registration in Mexico, reinforcing its compliance-first approach as it expands across Latin America.