EUR/USD stays bid near 1.1560, focus shifts to the ECB
EUR/USD extends its weekly recovery for the third day in a row on Wednesday, navigating in a sidelined fashion around 1.1560 on the back of decent losses in the US Dollar. In the meantime, market participants continue to assess the latest US inflation data while hifting its attention to the ECB event on Thursday.
GBP/USD recedes from tops, hovers around 1.3400
GBP/USD could not sustain the initial bull run and is now slipping back toward the 1.3400 neighbourhood on Wednesday. Cable’s continuation of the ongoing leg higher follows mild selling pressure on the Greenback, despite steady uncertainty on the geopolitical front and elevated US inflation.
Gold threatens a test of YTD lows near $4,100
Gold is accelerating its downward trends and approaches the area of $4,100 per troy ounce on Wednesday, where the 2026 bottom sits so far. The persistent decline in the precious metal almost exclusively follows the swelling opinion that the Fed will keep a cautious stance in H2, a view that was reinforced following earlier US CPI data.
Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking
Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments.
DEEPER DIVE
The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing Premium
More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.
Bitcoin’s massive storm is back: Why the sell-off is far from over
Bitcoin price action over the last few weeks has felt less like a normal, healthy correction and more like a slow grinding crash that continues to wreak havoc on holdings and trading accounts.
Brutal sell-off: Silver deepens months-long slide, refocusing on $60
Silver has never been known for its calm temperament. The precious metal can spend weeks grinding higher before suddenly giving back months of gains in a matter of days. That volatile reputation has been on full display in recent weeks.
CRYPTOCURRENCIES
Ripple technical weakness persists as selling intensifies toward $1.00
Ripple grinds lower, trading around $1.10 at the time of writing on Wednesday. The sticky bearish outlook mirrors the broader crypto market, with major coins such as Bitcoin and Ethereum facing weak demand as investors de-risk.
Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking
Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments. Bitcoin has slipped toward $61,000 after its recent rebound was sold near $64,000, leaving buyers exhausted.
Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC
Bitcoin extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds continue to fuel selling pressure on BTC.
STOCKS
Limoneira (LMNR) reports Q2 loss, tops revenue estimates
Limoneira (LMNR) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to a loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.54%.
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: US Dollar meant to keep rallying despite expected ECB hike Premium
The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing Premium
Gold: Strong US labor market weighs heavily as Middle East uncertainty lingers Premium
Bitcoin: After the bloodbath, everyone looks at $60,000
United States Dollar Index firms on Middle East tensions, Fed bets
The US Dollar Index (DXY) is holding gains for the second successive day and trading around 100.10 during the Asian hours on Monday. The Greenback receives support from increased safe-haven demand after the Israeli military stated a missile had been launched from Yemen towards Israeli territory, which has been intercepted by its aerial defense systems.
Week ahead – Fed countdown begins amid US inflation data and geopolitical risks
Fed Chair Warsh’s first meeting approaches as key US inflation data could reshape expectations. Oil prices remain elevated as US-Iran talks continue; tariffs also return to the spotlight. ECB is expected to hike; will it be a one-off move or is July live?
EDUCATION
The four-hour strategy that beats chasing the move
In this video, I break down a complete 4-hour strategy built on two moving averages, the 20 SMA and the 200 SMA, and show you exactly how to read the crossover, time your entry, and manage the trade for maximum follow-through.
Why professional traders still use pivot points
In a market environment dominated by AI, algorithms and increasingly complex trading systems, many traders overlook one of the simplest and most effective tools available: Pivot Points.
PRESS RELEASES
Global broker XM introduces mutual rewards for traders and their friends
With a global database of over 20 million clients, XM is no stranger to high-value bonuses and promotions. The broker is now launching a new initiative boosting rewards within its Refer a Friend program.
The number 10 mindset: Setting the highest standards with TenTrade
United by the number 10: How TenTrade and Luís Figo meet the highest standards both in the sporting arena and the trading world.
iFX EXPO International launches iFX Hack 2026, a 24 hour trading and fintech hackathon powered by AWS
iFX EXPO International has announced the launch of iFX Hack 2026, a 24 hour Trading & Fintech Hackathon powered by Amazon Web Services (AWS).