EUR/USD loses traction, back below 1.1750
EUR/USD now surrenders part of its earlier advance, giving away gains and retreating to the 1.1750-1.1740 band as the NA session draws to a close on Friday. The pair’s bid bias comes in response to the latest hawkish comments from ECB officials and the persistent selling pressure on the US Dollar.
GBP/USD turns negative, challenges 1.3600
GBP/USD now faces renewed selling pressure and trades with slight losses, returning to the 1.3600 neighbourhood in the latter part of Friday's NA session. Cable's initial firm tone has derived support from USD selling and improved sentiment on the geopolitical front.
Gold clings to gains above $4600
Gold adds to Thursday’s advance, keeping business above the key $4,600 mark per troy ounce on Friday. Reports that Iran has presented a new proposal to the US to ease the conflict are lifting risk sentiment and weighing on the Greenback, allowing the yellow metal to further trim weekly losses.
Crypto Today: Bitcoin leads recovery, while Ethereum and XRP try to shake off the bearish pressure
The broader cryptocurrency market shows a mild recovery on Friday, with Bitcoin rising above $77,000, up from Wednesday’s low of $74,937. Altcoins, including Ethereum and Ripple, align with Bitcoin’s near-term recovery but lack momentum.
DEEPER DIVE
Thanks for your service, Mr. Chair Powell Premium
Powell’s departure is probably the most troublesome end of a Fed Chair, despite being the most resolute leader a central bank could have. You may love him or hate him, but what is not under discussion is his professionalism: he had a task, and he did it with excellence.
Yentervention: Will it stick this time? Premium
Japan’s first intervention in the Forex market in almost two years shows that authorities are serious about preventing the sharp depreciation of the Yen. While the move may work in the short term, any significant reversal of the trend is unlikely because Tokyo has little to no control over the factors that are currently weakening the Yen.
AI could quickly become the Fed’s new problem Premium
A strong economy and a flimsy labor market don’t typically go hand in hand. For the Fed and other central banks, the playbook has long been straightforward: weak hiring calls for lower interest rates, while an overheating economy and inflation above target justify tighter policy.
CRYPTOCURRENCIES
Bitcoin Weekly Forecast: Two months down and two months up, what's next?
Bitcoin extends its rebound on Friday after a mild correction earlier this week. The outcome from the Fed’s decision and uncertainty surrounding the Middle East conflict dampen risk appetite, limiting BTC’s upward momentum.
Crypto Today: Bitcoin leads recovery, while Ethereum and XRP try to shake off the bearish pressure
The broader cryptocurrency market shows a mild recovery on Friday, with Bitcoin rising above $77,000, up from Wednesday’s low of $74,937. Altcoins, including Ethereum and Ripple, align with Bitcoin’s near-term recovery but lack momentum.
Ethereum Weekly Forecast: ETH rebounds from key support despite macro headwinds
Ethereum extends recovery after finding support around a key level, still down 3.5% so far this week. Fed’s hawkish hold and Powell’s remarks, coupled with uncertainty around US-Iran peace talks, dampen risk appetite, limiting ETH’s upside potential.
STOCKS
Apple stock subdued after reporting earnings beat alongside iPhone constraints Premium
Apple (AAPL) stock gave up less than 1% afterhours after reporting a slight beat on the top and bottom lines but admitting that iPhone sales were constrained by a shortage of "advanced node chips".
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 and central banks in the limelight Premium
The EUR/USD pair ended a three-week winning streak and settled below the 1.1700 mark as the US Dollar strengthened amid Middle East uncertainty.
Bitcoin: Two months down and two months up, what's next?
Bitcoin (BTC) price is extending its recovery, trading above $77,400 on Friday after a mild pullback earlier this week.
Week ahead – Nonfarm Payrolls and RBA in focus amid Middle East uncertainty
Nonfarm payrolls enter spotlight after hawkish Fed. RBA prepares for its third straight interest rate hike. Canada employment report comes out alongside the NFP.
EDUCATION
Prop trading in the United States: Why more traders are looking at futures
The United States is a major financial market, but it is much more restrictive for retail traders who want to try prop trading. As a result, US traders face a different prop-trading environment than those in Europe, Asia, or offshore locations.
Risk is a system, not a percentage
Ask a trader how they manage risk and the answer is often immediate: “I risk one percent per trade.” It introduces discipline. It prevents overexposure. For many, it is where risk management begins.
PRESS RELEASES
Audacity Capital joins Propinder: Over $245 million paid to traders over 14 years
Propinder, the free prop trading challenge finder powered by FXStreet, announces Audacity Capital as a launch partner.
CFI secures Brazil Central Bank license, advancing Latin America expansion
CFI Financial Group, a globally recognized leader in online trading services, today announced that it has received regulatory authorization from the Banco Central do Brasil to operate as a securities brokerage firm (Corretora de Títulos e Valores Mobiliários) in Brazil.
7 best crypto trading strategies for beginners in 2026 — And how SaintQuant does it all for you
You've heard crypto can make money. You've also heard it can wipe people out overnight. The difference — more often than not — comes down to strategy and risk management, not luck.