GBP/USD slumps toward 1.3500 amid uncertainty over PM Starmer's position
GBP/USD accelerates its downside, targeting 1.3500 in European trading on Tuesday. The British Pound is under intense selling pressure amid uncertainty over UK PM Starmer's position, which has elevated UK political risks. Meanwhile, the US Dollar holds gains as the focus now shifts toward the US CPI data.
EUR/USD holds losses near 1.1750 after German ZEW; US CPI eyed
EUR/USD keeps the offered tone intact, trading close to 1.1750 in the European session on Tuesday. The pair remains undermined by notable haven demand for the US Dollar amid the US-Iran impasse. Traders turn cautious ahead of the all-important US CPI data. Meanwhile, the mixed German ZEW Survey failed to move the pair.
Gold remains depressed near $4,700; looks to US CPI for fresh impetus
Gold maintains its offered tone below through the early European session on Tuesday and is currently placed around the $4,700 as traders keenly await the release of the US consumer inflation figures. The incoming negative headlines surrounding the Middle East crisis dampen hopes for a US-Iran peace deal and benefit the US Dollar's reserve currency status.
Cardano loses bullish momentum as 100-day EMA caps recovery
Cardano (ADA) extends losses below $0.2800 after the 100-day Exponential Moving Average capped Sunday’s 4% recovery. Retail demand is shifting bearish as positional buildup aligns with negative funding rates.
DEEPER DIVE
The Fed Warsh inherits: Divided and with its independence in doubt Premium
The Federal Reserve is the central bank of the world’s most powerful economy, and prides itself on its independence. But is it? Or, better said, will it continue to be under Kevin Warsh?
The RBI’s problem with the Indian Rupee has no easy fix Premium
The Indian Rupee’s drama continues despite the RBI’s recent aggressive interventions and regulatory curbs. While these actions have caused the sharpest single-day gains in years, their effect has been wiped out in a matter of days. So why is every RBI move failing to break the Rupee’s downtrend?
UAE quits OPEC: The cartel’s grip on Oil just weakened
The UAE’s decision to leave OPEC is more than a policy shift. It is a signal that one of the cartel’s most ambitious producers no longer sees quotas as compatible with its long-term strategy, and this could have important implications for Oil.
CRYPTOCURRENCIES
XRP slips from key resistance as US–Iran tensions clash with strong ETF inflows
XRP slides from the critical $1.50 supply zone, tests the $1.45 support level on Monday. Fresh tensions between the US and Iran emerge as Trump dismisses the latest Iranian proposal to end the war.
Crypto Today: Bitcoin, Ethereum, XRP take a breather amid rising tensions in the Middle East
Bitcoin slides toward $80,000 as geopolitical tensions weigh on sentiment after Trump rejected Iran’s latest proposal to end the war. Ethereum slips below the 100-day EMA amid a weakening technical outlook and mild ETF inflows last week.
Bitcoin edges down as Trump rejection of Iran peace plan weighs on sentiment
Bitcoin trades lower on Monday, below $81,000 as of writing, after surging over 4.5% the previous week. Institutional demand supported BTC’s bullish price action, with spot Exchange Traded Funds (ETFs) recording their sixth consecutive week of inflows.
STOCKS
Memory crisis: How AI is disrupting console gaming
According to Counterpoint’s Memory Price Tracker, memory prices soared between 80% and 90% in Q1 2026 compared to Q4 2025, marking one of the sharpest increases ever. DRAM, NAND Flash and HBM all reached record highs as supply shortages intensified across the market.
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: Optimism may not last as tensions in the Middle East escalate Premium
The EUR/USD pair edged higher for a second consecutive week, flirting with the 1.1800 figure and settling nearby. Hopes for a deal between the United States (US) and Iran fluctuated throughout the week, but optimism prevailed despite the lack of progress.
NOK/SEK: Is the Nordic divergence only getting started? Premium
The RBI’s problem with the Indian Rupee has no easy fix Premium
Bitcoin: $82K rejection raises doubts over BTC rally durability
Bitcoin (BTC) pauses its recent rally, trading below $80,000 on Friday with modest weekly gains, as it struggles to break above a key overhead supply zone.
Week ahead – US inflation data eyed amid Iran peace hopes
Middle East headlines continue to dominate as hopes of deal grow. US CPI and retail sales data to fight for attention as Warsh takes office. UK Q1 GDP and BoJ meeting summary also on the agenda.
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.
How to detect market mispricings and turn them into high-probability trades
On Monday, GBP/USD was climbing. Most traders looking at the chart saw a bullish move and were either already long or thinking about buying the pullback. But the fundamentals were telling a completely different story — the dollar should have been strengthening.
PRESS RELEASES
Lyrie completes $2 million preseed round to build the security layer for the AI agent era
Lyrie.ai, the autonomous cybersecurity platform developed by OTT Cybersecurity LLC, today announced the completion of a $2 million pre-seed funding round and the company’s official exit from stealth.
Valetax strengthens executive leadership with appointment of John Taylor as CCO
Valetax has announced the appointment of John Taylor as Chief Commercial Officer (CCO), reinforcing its focus on building a structured, scalable commercial organisation to support long-term global growth.
STARTRADER launches “STAR Trading League,” an NBA-inspired global trading tournament
STARTRADER, an official partner of the NBA, has announced the STAR Trading League, a global team-based tournament uniting traders in a structured, performance-driven environment. Registration runs from 11–28 May, participants select one of 30 teams via the client portal ahead of the 1 June start.