USD/JPY climbs to multi-day highs near 162.70
USD/JPY gains traction on Wednesday and advances to multi-day tops around 162.70. The pair’s move higher comes amid renewed upside momentum in the US Dollar in response to re-emerging geopolitical concerns in the Middle East.
Gold loses impulse; focus shifts back to $4,000
Gold turns lower on Wednesday and trades deep in negative territory, opening the door to another potential visit to the key $4,000 yardstick per troy ounce. The yellow metal’s decline follows a modest uptick in the US Dollar as tensions in the Middle East have resurfaced.
GBP/USD treads water around 1.3360
GBP/USD alternates gains with losses around the 1.3360 zone on Wednesday. That said, Cable’s upside remains capped as markets stay cautious following the flare-up of tensions in the Middle East.
DEEPER DIVE
Bye, forward guidance: How to trade when central banks choose silence
Central banks have spent years telling markets what might come next. Now, traders face the possibility that they say a lot less. From the Federal Reserve to the European Central Bank and the Bank of England, policymakers are pushing back against forward guidance.
The US Dollar just beat the Swiss Franc at its own safe-haven game
As the king among safe havens, the Swiss Franc (CHF) is supposed to benefit from geopolitical shocks such as the Iran war. This time, it didn’t.
The market may no longer be giving the Magnificent Seven a free pass
For much of the past three years, investing has felt surprisingly simple. Whenever markets stumbled, investors knew where to look. Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla repeatedly led Wall Street higher. Now, however, this dominance is being tested.
CRYPTOCURRENCIES
XRP extends decline as muted on-chain activity, bearish technicals weigh
Ripple (XRP) continues to trade under heavy selling, trading below $1.10 at the time of writing on Wednesday. The remittance token marks four consecutive days of declines, weighed down by geopolitical tensions and significantly low risk appetite.
Crypto Today: Bitcoin, Ethereum, XRP extend technical weakness amid escalating tensions in the Middle East
Cryptocurrencies are broadly extending declines on Wednesday, after last week’s recovery. The sell-off has seen Bitcoin (BTC) slide below $62,000, increasing downside risks toward the next key support at $60,000.
Solana nears key support zone as bears aim for a 20% downside
Solana price is down 3% on Wednesday, extending a bearish reversal after an overhead trendline capped the previous week’s recovery. Institutional inflows eased to $1.67 million on Tuesday, while declining Open Interest and fluctuating funding rates indicate mixed retail demand.
STOCKS
GDX Elliott Wave bearish sequence intact as it turns lower in renewed weakness [Video]
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 rally stalls, but for how long? Premium
The Iran war failed to trigger a recession. Can the US economy keep defying expectations?
Gold: Buyers show interest as markets dial back near-term Fed rate hike expectations Premium
Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
US Dollar: The Dollar stumbles, but the bigger picture remains unchanged Premium
Week ahead – ISM services PMI and Fed Minutes to shake Fed hike bets
Dollar drops on NFP, but rate hike still expected by year-end. ISM services PMI and Fed minutes are the greenback’s next catalysts. RBNZ expected to raise rates, focus will be on forward guidance.
EDUCATION
Something has gone completely wrong in enterprise AI
There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.
The psychology of Gold buying during periods of market uncertainty
Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.
PRESS RELEASES
Envirotech Vehicles (NASDAQ: EVTV) closes merger with Azio AI ahead of schedule, positioning combined company to capture $487 billion 2026 AI infrastructure opportunity
Revised transaction structure enables immediate closing, accelerating the Company's strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure.
PrimeXBT launches Gold 24/7 trading on PXTrader 2.0
PrimeXBT, a global multi-asset broker and crypto asset service provider, has launched Gold 24/7 trading, enabling traders to access opportunities in one of the world's most important markets beyond traditional trading hours.
200+ brands, 100+ speakers confirmed for Forex Expo Dubai 2026
The 22-23 September 2026 gathering at Dubai World Trade Centre will bring together 20,000+ verified traders, IBs/Affiliates, brokers, liquidity providers, and HNIs for two days of networking, client acquisition, and partnership opportunities.