EUR/USD consolidates below 1.1550 ahead of US CPI
EUR/USD struggles to gain any meaningful traction and holds steady around 1.1550 in the European trading hours on Wednesday, maintaining a familiar range held over the past week or so. Traders keenly await the release of the key US inflation data and further developments surrounding the Middle East crisis before placing fresh directional bets.
GBP/USD hangs close to 1.3500, awaits fresh impetus from US CPI
GBP/USD keeps its range around 1.3500 in Wednesday's European trading. The pair continues to trade with caution as the US Dollar (USD) holds ground ahead of a crucial US consumer inflation report. Investors are watching this upcoming reading closely, as it is expected to play a major role in shaping the Federal Reserve’s next interest rate decision and the USD valuation.
Gold retakes $4,400, eyes two-month high as traders look to US CPI for Fed hike cues
Gold attracts fresh buyers during the Asian session on Wednesday and climbs back above the $4,400 mark, closer to its highest level since June 5, which was touched the previous day. Traders now look to the US Consumer Price Index report for more cues about the US Federal Reserve's future policy path amid inflation risks stemming from volatile oil prices.
Zcash below $500 puts bulls under pressure, 100-day EMA in focus
Zcash price trades below $500 at press time on Wednesday, holding steady after two consecutive days of losses. Retail demand for the privacy coin is mixed as the broader market awaits the release of US Consumer Price Index data for July later in the day.
DEEPER DIVE
Why the WTI sell-off may be hiding a supply warning
9-3: Is the Federal Reserve’s vote tally Warsh's new forward guidance?
Where the Pound is headed as war, fiscal cracks and central banks collide
Looking back, 2026 has not been a bad year for the British Pound (GBP). The GBP/USD pair is less than 1% below the year-opening levels, which, comparatively, is far from the worst performance among major currencies, especially considering that a major conflict erupted in the Middle East, Crude Brent oil reached levels above $120, and the UK cabinet collapsed in the meantime, although the latter is not that uncommon.
CRYPTOCURRENCIES
Crypto Overview: Bitcoin loses $64,000 – LINK, DOGE sustain gains
Bitcoin is trading below $64,000 amid a broader market risk-off sentiment. Emerging as top performers over the last 24 hours, Chainlink and Dogecoin sustain gains, hinting at an extended recovery. CoinMarketCap’s Fear and Greed Index at 38 reflects persistent risk-averse sentiment in the crypto market.
Top 3 Price Prediction: BTC steadies, ETH holds 50-day EMA, XRP rebounds from $1 support
Bitcoin, Ethereum, and Ripple are showing mixed price action on Wednesday as traders assess key technical support levels. BTC remains under pressure after its recent decline, while ETH is attempting to extend its rebound from the 50-day Exponential Moving Average.
Bitcoin lags S&P 500, Nasdaq despite renewed ETF inflows
STOCKS
WhiteHorse Finance misses Q2 earnings and revenue estimates
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 inflation and war doldrums to keep shaping market’s mood
Why the WTI sell-off may be hiding a supply warning
Gold: Bullish pressure builds on easing Fed rate hike bets
Bitcoin: Can bulls weather the market uncertainty?
US Dollar: Sticky inflation, weaker jobs and hopes of peace
Week ahead – US CPI data, BoJ summary and RBA decision take the stage
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
5PAY reinforces Asia footprint, expanding local payment capabilities in the region
Asia’s leading payment provider has expanded its network to service 7 new high-potential local markets.
Redefining drawdown: How to balance aggressive growth with smart risk management
In the high-stakes world of proprietary trading, the promise of massive returns often encourages traders to make a big mistake: putting aggressive growth ahead of smart risk management.
PrimeXBT launches MT5 Cent Account for beginners and risk-conscious traders
PrimeXBT, a global multi-asset broker, has expanded its MetaTrader 5 (MT5) offering with the launch of a Cent Account, providing traders with a lower-risk way to access live markets, test new trading strategies, and trade with significantly smaller position sizes.