EUR/USD faces resistance around 1.1450
EUR/USD keeps the bid bias although it seems to have met a tough hurdle around 1.1450 on Thursday. The pair’s advance follows the bearish tone in the US Dollar despite escalating tensions in the Middle East and a broad-based cautious stance from market participants.
GBP/USD clings to gains near 1.3400
GBP/USD retreats after reaching a three-week high above 1.3430, challenging the 1.3400 yardstick on Thursday. Although easing political uncertainty in the UK helps the quid limit its downside, escalating tensions in the Middle East support the Greenback, keeping Cable under scrutiny.
Gold flirts with two-day highs, approaches $4,130
Gold stages a modest rebound on Thursday, setting aside a three-day losing streak and managing to surpass the $4,100 mark per troy ounce. However, steady geopolitical tensions have revived concerns over persistently high global inflation, reinforcing expectations of higher rates across the board and somewhat curtailing the yellow metal’s upside potential.
Bitcoin stalls as mixed ETF flows, renewed US-Iran tensions cap upside
Bitcoin trades at $63,000 on Thursday, recovering slightly after facing rejection near $64,000. Renewed geopolitical uncertainty has dampened risk appetite, limiting BTC upside potential.
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 rebounds as retail demand shows signs of returning
Ripple exhibits a subtle rebound outlook, trading near $1.10 at the time of writing on Thursday. The headwinds in the crypto market are largely attributable to mounting investor uncertainty amid renewed tensions in the Middle East.
Crypto Today: Bitcoin, Ethereum, XRP rise after defending key support amid renewed Middle East tensions
Cryptocurrency prices are broadly rebounding on Thursday, following a dominant sell-off largely attributed to geopolitical tensions in the Middle East. Bitcoin has risen and trades near $63,000, while Ethereum pares losses around $1,750 as bulls aim for a short-term breakout above $1,800.
Bitcoin stalls as mixed ETF flows, renewed US-Iran tensions cap upside
Bitcoin trades at $63,000 on Thursday, recovering slightly after facing rejection near $64,000. Renewed geopolitical uncertainty has dampened risk appetite, limiting BTC upside potential.
STOCKS
S&P 500 stalls in complex 4th wave as traders eye critical breakout levels
In the June 12 update, when the S&P 500 (SPX) was trading at around $7,422, I showed, using the Elliott Wave Principle, that a bounce to $7,440-7,525 followed by a decline to $6,840-7,075 was expected. Today, the index peaked on June 15 at $7,577, fell to $7,294 on June 26, rallied to $7,551 on July 6, and is now trading around $7,475.
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
From code to country: Global AI Show Riyadh 2026 ignites the era of agentic AI and nation-building
The Global AI Show Riyadh held from 29-30th June,2026 cementing its status as the definitive anchor for the Kingdom’s newly designated "Year of Artificial Intelligence."
Exness welcomes Arab trader Hussain Almatrouk to Exness Team Pro
Exness, one of the world’s largest multi-asset brokers, proudly welcomes Arab trader, educator, and author Hussain Almatrouk to Exness Team Pro, the global network of elite traders and mentors who embody trading excellence and a strong sense of integrity.
Vantage secures CMA category 5 licence, strengthening its MENA growth strategy
New UAE regulatory milestone reinforces Vantage's long-term commitment to the region