EUR/USD turns positive, targets 1.1450
EUR/USD now picks up pace and advances toward the 1.1440 region on Friday, up modestly for the day. With no major economic data due, lingering uncertainty over the US-Iran conflict keeps investors cautious, limiting the pair's upside.
USD/JPY recedes to four-day lows near 161.50
USD/JPY remains under bearish pressure as the week draws to a close, extending its decline further south of the 162.00 level. In the meantime, the Japanese Yen draws support from firm PPI data and announcements on fiscal and financial reforms in Japan.
Gold remains offered, still below $4,100
Gold struggles to extend Thursday’s rebound and navigates below the $4,100 mark per troy ounce on Friday. Uncertainty surrounding the Middle East conflict limits the precious metal’s upside, which is also under pressure amid rising US Treasury yields across the curve.
GBP/USD surrenders some gains, back to 1.3420
GBP/USD holds on to moderate gains above 1.3400 the figure on Friday. Optimism surrounding the UK government’s leadership transition and expectations of further BoE tightening support the British Pound, while easing tensions in the Middle East and fading Fed rate-hike expectations weigh on the US Dollar.
DEEPER DIVE
Five sessions, one round trip: Why the whipsaw is exactly what Warsh ordered
Markets opened July with a December hike as the base case and spent five trading sessions unlearning and relearning it. A 57K payrolls print bled the tightening bets out of the strip; a re-shut Strait of Hormuz is pushing them back in. Wednesday's minutes from the June FOMC meeting landed mid-round-trip, describing a world that had already stopped existing.
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.
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.
CRYPTOCURRENCIES
XRP rebound remains fragile as muted ETF flows and weak technicals cap upside
Ripple (XRP) is regaining momentum, trading above $1.10 at the time of writing on Monday. This modest rebound mirrors the broader recovery observed across the cryptocurrency market.
Bitcoin Weekly Forecast: Strategy sells, the market doesn’t care
Bitcoin reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning.
Pi Network tests key support as bears anticipate further decline
Pi Network tests $0.1000 on Friday, edging higher after six consecutive days of weakness. The technical outlook is bearish as intense sell-side momentum warns of a steeper correction despite mild intraday recovery.
STOCKS
Visa breaks higher after completing A-B-C correction, wave five targets new highs
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: Market players await fresh clues
Five sessions, one round trip: Why the whipsaw is exactly what Warsh ordered
Gold: Renewed Middle East tensions scare bulls away
Bitcoin: Strategy sells, the market doesn’t care
US Dollar: The Dollar stumbles, but the bigger picture remains unchanged
Week ahead – US CPI and Warsh testimony to take centre stage, BoC eyed too
US inflation report and Warsh testimony to headline the week. Dollar to dominate amid slew of other US data and Mideast tensions. Amid fresh Iran escalation, China GDP to shed light on Q2 impact. Bank of Canada not expected to follow RBNZ with rate hike.
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