EUR/USD stays below 1.1700 after German sentiment data
EUR/USD trades in a tight channel below 1.1700 in the European sesison on Friday. The data from Germany showed that IFO - Current Assessment Index for April declined to 85.4 from 86.7 in March. In the absence of US data releases, investors will keep a close eye on headlines surrounding the conflict in the Middle East.
GBP/USD struggles below 1.3500 after UK Retail Sales data
GBP/USD is staying on the back foot below 1.3500 in Friday's European trading, little moved by the mixed UK Retail Sales data for March. The pair has entered a bearish consolidation phase just above a nearly two-week low set the previous day. However, it seems vulnerable amid a bullish US Dollar.
Gold hits two-week low as Iran risks and inflation fears support USD
Gold touches a two-week low, around the $4,758-$4,757 region, during the Asian session, and remains on track to register weekly losses for the first time in five weeks. Intensifying US-Iran tensions over the Strait of Hormuz and the lack of progress in peace talks keep investors on edge. Moreover, reviving inflationary fears temper expectations for a more dovish US Federal Reserve and underpin the US Dollar, which is seen weighing on the yellow metal.
Dogecoin key trendline hinders recovery despite whale and retail support
Dogecoin extends gains for the third consecutive day, trading above $0.095 and approaching a key resistance trendline. Large wallet investors, commonly referred to as whales, are growing in numbers, while a surge in DOGE futures Open Interest reflects rising retail demand.
DEEPER DIVE
Why does Bitcoin seem not to care about the Middle East War?
The Iran war has messed many assets, with one notable exception: Bitcoin. The price of the main crypto has been surprisingly resilient in the past few weeks and way less volatile than other assets considered risky, such as US equities.
Kevin Warsh: To please or not to please President Trump Premium
United States President Donald Trump’s nominee to succeed Jerome Powell as Federal Reserve Chair, Kevin Warsh, faced senators, and there was no subtlety. When directly asked if he believes his nomination was directly linked to Trump’s “obsession” with lower rates, the answer was no surprise.
HSBC, OCBC predictions for Gold: Buy the dip
Gold prices have fluctuated significantly this 2026 so far, reaching an all-time high at almost $5,600 per troy ounce at the end of January, and then correcting to a low of $4,100 in March.
CRYPTOCURRENCIES
Crypto Overview: Zcash, Chiliz, and Algorand extend gains as Bitcoin holds above $78,000
The broader cryptocurrency market retains its newfound risk appetite as Bitcoin holds above $78,000 on Friday, despite the US-Iran peace negotiations becoming volatile. Meanwhile, Zcash, Chiliz, and Algorand emerge as top performers over the last 24 hours.
Top 3 Price Prediction: BTC holds gains, ETH eyes breakout, XRP defends key support
Bitcoin, Ethereum and Ripple are supporting a constructive outlook on Friday after surging by 6%, 2% and 3% respectively. BTC holds its gains trading at $78,200; ETH is near a key resistance zone while XRP defends its key support zone.
Bitcoin eyes $80K breakout as ETF flows strengthen, potential profit taking looms
Bitcoin's recovery above $76,000 has strengthened expectations that the asset could reclaim $80,000 in the near term, as analysts point to rising institutional demand and improving market structure as support for further upside.
STOCKS
Newmont Q1 earnings: Taking a look at key metrics versus estimates
Newmont Corporation (NEM) reported $7.31 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 45.9%. EPS of $2.90 for the same period compares to $1.25 a year ago.
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: Fragile optimism pressures the US Dollar Premium
Gold: Bulls take action on growing optimism about a permanent US-Iran truce Premium
Gold (XAU/USD) started the week on the back foot but managed to reverse its direction.
GBP/USD: Pound Sterling sees bullish consolidation ahead of a Big week Premium
The Pound Sterling (GBP) built on the recovery against the US Dollar (USD) and refreshed two-month highs near 1.3600, but sellers quickly jumped in. Despite the late pullback, GBP/USD booked the second straight weekly gain, thanks to another leg higher heading into the weekend.
Bitcoin: BTC textbook breakout move in play
Bitcoin (BTC) extends gains, up 6% so far this week, trading above $75,000 on Friday, with a technical bullish breakout pattern scenario in play. Easing geopolitical tensions in the Middle East further boosted risk sentiment, driving assets such as BTC higher.
USD/JPY: Stuck in a range as Hormuz risks counter Iran diplomacy hopes Premium
The USD/JPY pair builds on the previous day's goodish rebound from the 158.25 region, or over a one-week trough, and gains some follow-through positive traction on Friday.
Week ahead – Data to switch focus from US-Iran optimism to war impact
March CPI due in Canada, Japan, New Zealand and UK. Flash April PMIs also on tap ahead of central bank decisions. Kevin Warsh’s Senate hearing to likely overshadow US data.
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
8 free automated AI trading bots for beginners in 2026 for 24/7 hands-free trading
Crypto trading never sleeps, and that is exactly why automated AI trading bots are getting more attention in 2026. For beginners, the appeal is simple: the market moves day and night, but most people cannot stay in front of charts all day.
Finotive Funding joins Propinder: Institutional-grade infrastructure meets flexible prop trading
Propinder, the prop firm discovery platform backed by FXStreet, has added Finotive Funding to its growing roster of launch partners.
Hola Prime reaches 1,000+ verified Trustpilot reviews with 4.5 rating, strengthening global position
Hola Prime, the rapidly growing prop trading firm known for its industry-first 1-Hour Payout model, today announced it has surpassed 1,000 verified reviews on Trustpilot, achieving an Excellent rating of 4.5 out of 5.