GBP/USD stays in the red near 1.3350 amid UK political woes
GBP/USD is off the lows but remains in the red near 1.3350 in the European session on Friday. The British Pound faces a double whammy, with the UK political chaos weighing on one side, and sustained US Dollar demand, as a safe-haven asset, on the other hand. The focus remains on the Iran war and Trump-Xi talks.
EUR/USD holds losses below 1.1650 on notable USD demand
EUR/USD holds losses below 1.1650 in European trading on Friday. The pair faces selling pressure as the US Dollar extends its advance, following the US-China trade optimism and hawkish Fed expectations amid rising inflation concerns.
Gold prices remain under bearish pressure near $4,550
Gold falls for a fourth straight day, dropping near $4,550 as the US Dollar strengthens. The Greenback is supported by rising expectations of a hawkish Federal Reserve following strong US inflation and Retail Sales data. Meanwhile, ongoing tensions between the US and Iran, particularly around the Strait of Hormuz, keep Oil prices elevated and add to market uncertainty.
Breaking: Indian Rupee hits all-time low at 96.00 against US Dollar
The Indian Rupee slides to a fresh all-time low against the US Dollar on Friday. The USD/INR pair jumps to 96.00 as the Indian Rupee faces intense selling pressure due to growing concerns over India’s foreign exchange reserves, following centre’s decision to hike import duty on Gold and Silver.
DEEPER DIVE
Fed’s hawkish pivot may be closer than markets expect Premium
A 6% Producer Price Index print, the hottest in nearly four years, landed on a market that has spent most of 2026 quietly preparing for the wrong policy regime. The assumption being made by markets is that the Fed will not have the stomach to hike interest rates even if inflation keeps screaming higher.
India’s battle against Gold-related outflows could backfire Premium
Indian authorities have stepped up efforts to protect the country’s foreign-exchange reserves and stabilize the Indian Rupee. Gold purchases are one area in focus, but the crackdown on the precious metal could end up creating a bigger problem than the one it is trying to solve.
UK 30-year gilts hit 5.78%, the highest since 1998: what is being priced in? Premium
UK 30-year gilts traded as high as 5.78% on Tuesday, the highest level since 1998, while 10-year yields topped 5.10% with markets pricing in nearly three-quarter-point Bank of England (BoE) rate hikes this year.
CRYPTOCURRENCIES
Pi Network Price Forecast: Selling pressure builds despite vibe coding on Pi ecosystem
Pi Network (PI) extends losses at press time on Friday, risking a bearish breakout from a short-term consolidation range on the 4-hour chart.
BNB Price Forecast: BNB nears channel top as bulls test breakout
BNB, formerly known as Binance Coin, is nearing the upper boundary of its horizontal channel at $687 on Friday, where a breakout would signal a bullish move ahead. Strengthening on-chain data supports this bullish case.
Crypto Overview: Bitcoin wavers around $80,000 – Hyperliquid and Flare rally
Bitcoin hovers around $80,000 as the broader crypto market sentiment steadies amid Donald Trump’s visit to China, while the Iran war stalemate persists. However, altcoins such as Hyperliquid and Flare have emerged as top performers with double-digit gains.
STOCKS
Nvidia rally continues on Thursday as Trump approves H200 buyers in China Premium
Nvidia (NVDA) stock is the early winner of the US. President Donald Trump's summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday's premarket. If the gains remain through the close, this will become NVDA's seventh consecutive day of gains.
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
Headway launches $150 no deposit bonus
Headway, a global online broker, has introduced a new no-deposit sign-up bonus designed to help traders explore different markets without risking their own capital.
Funded Academy launches as a prop firm where traders can learn, qualify, and get funded in one platform
Funded Academy has officially launched, introducing a proprietary trading platform built around a single idea: trading should be a process of learning, proving, and evolving, not just passing a challenge.
FM Singapore summit 2026 day 1 wrap-up: A strong debut in Asia’s leading financial hub
The FM Singapore Summit 2026 officially opened its doors at the Suntec Singapore Convention & Exhibition Centre, marking the first-ever edition of the event in Singapore.