EUR/USD trims losses, revisits 1.1550
EUR/USD remains on the back foot on Thursday, although it manages to trim part of its earlier pullback on some auspicious headlines from the Middle East involving the Strait of Hormuz. The pair’s decline follows the resurgence of the buying interest in the US Dollar on the back of rising geopolitical concerns in the Middle East.
GBP/USD retargets 1.3250, Dollar loses momentum
GBP/USD now picks up some pace and approaches the 1.3250 as a bout of sudden improvement in the risk complex sparked a knee-jerk in the Greenback. Meanwhile, Cable’s retracement comes on the back of the firmer tone in the Greenback alongside rising geopolitical concers in the wake of President Trump comments on Tuesday.
Gold bounces off lows, flirts with $4,700
Gold now regains some composure and comes closer to the key $4,700 mark per troy ounce on Maundy Thursday, setting aside part of its initial drop. Despite the resumption of geopolitical tensions in the Middle East, the robust performance of the US Dollar and rising US Treasury yields all keep the sentiment around the yellow metal sour.
Crypto Today: Bitcoin, Ethereum, XRP technicals deteriorate amid war-driven risk-off sentiment
Bitcoin edges lower below $67,000 at the time of writing on Thursday, reflecting the risk-off sentiment in the broader cryptocurrency market driven by the Iran war. Ethereum follows suit while XRP declines.
DEEPER DIVE
Should US interest rates be even higher? This rule says yes Premium
A simple rule suggests US interest rates should be higher than they are today. Yet the Federal Reserve is standing still. That gap between theory and reality is becoming one of the more interesting tensions in global markets and one that could shape the next move in the US Dollar.
Can the RBI save the Indian Rupee? It’s complicated Premium
The Reserve Bank of India has intervened decisively to cushion the Indian Rupee’s decline to successive record lows. It is a bold move, reflecting the central bank's urgency to curb bets against Asia’s worst-performing currency this year. But will it work?
Central banks feel guilty. Will they turn too hawkish this time? Premium
It is clear that central banks will need to respond to the current spike in energy prices. How they respond will be decisive in determining whether the global economy enters a recession or avoids one.
CRYPTOCURRENCIES
XRP downside risks escalate as $1.30 support falsters
Ripple is trading near $1.30 at the time of writing on Thursday, as Iran's war-driven sentiment weighs on risk assets. XRP’s attempt to regain momentum this week stalled near $1.37 on Monday, reflecting risk-off sentiment amid capital exiting digital investment products.
Crypto Today: Bitcoin, Ethereum, XRP technicals deteriorate amid war-driven risk-off sentiment
Bitcoin edges lower below $67,000 at the time of writing on Thursday, reflecting the risk-off sentiment in the broader cryptocurrency market driven by the Iran war. Ethereum follows suit while XRP declines.
Pi Network consolidates while testnet records first-ever smart contract
Pi Network continues to consolidate above a crucial support level under intense selling pressure. Pi Core Team announced the first-ever Soroban smart contract deployed on its testnet, taking a step closer to the development of decentralized Applications.
STOCKS
US stocks slide as Trump calls for war escalation Premium
President Trump threatens fierce bombing campaign to continue for weeks. US introduces new tariffs on finished products using imported steel and aluminum.
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: War headlines and US employment to set the tone Premium
The EUR/USD pair ends the week around 1.1530, barely below its opening but off the peak at 1.1640. Widespread optimism on Monday was diluted as days went by, and financial markets moved once again on war-related headlines.
Gold: Middle East uncertainty doesn’t allow Gold to recover Premium
Gold (XAU/USD) fell sharply to near the $4,100 mark but managed to reverse its direction as markets grew hopeful for a truce in the Middle East.
GBP/USD: Pound Sterling remains vulnerable amid Mideast crisis Premium
The Pound Sterling (GBP) showed some resilience against the US Dollar (USD), holding gains from the previous week’s recovery, when the Bank of England (BoE) opted for a hawkish hold.
Bitcoin: The uncertainty from war (finally) weighs
Bitcoin (BTC) slips below $69,000 as of writing on Friday, nearly wiping out its recovery from earlier this week.
US Dollar: Holding firm as inflation risks return Premium
The US Dollar (USD) has regained its shine this week, allowing the favourable macro picture to remain unchanged.
Week ahead – US jobs report eyed as Iran war wipes out Fed rate cut bets
Middle East conflict to remain primary driver amid peace efforts. US payrolls report in focus as Fed rate cut hopes fade. Other US data, including ISM PMIs, to shed further light on US economy.
EDUCATION
Propinder Review: A fresh approach to choosing Prop Firm challenges
The retail proprietary trading industry has grown rapidly over the past few years. While most platforms in this space focus on filtering challenges based on user-selected criteria, Propinder, a newly launched comparison platform powered by FXStreet, takes a different approach.
84% accuracy pattern vs everything else you've been trading
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PRESS RELEASES
5 free AI stock quant trading bots to help you achieve profits quickly in 2026
In 2026, AI-powered stock trading bots are transforming the way investors approach the market. These cutting-edge tools combine artificial intelligence with algorithmic trading strategies to help you make smarter decisions and maximize your profits.
8 best AI stock trading bots in 2026 to help you earn passive income quickly
In 2026, AI-powered stock trading bots will become one of the most popular ways for investors to generate passive income. These bots use sophisticated algorithms to analyze the stock market, make trades, and execute strategies without the need for constant human intervention.
FXAQ LLC acquires CFST® Exam and Futures Education division from Catalyst Futures
FXAQ LLC has entered into an agreement with Catalyst Futures to acquire the CFST® Exam and the Futures Education division of the firm.