GBP/USD remains in two-day highs around 1.3260
GBP/USD adds to Friday’s bounce, gathering fresh traction and flirting with the 1.3270 zone on Monday, or two-day tops. Cable’s decent advance comes despite the move higher in the Greenback and investors’ assessing of UK PM K. Starmer's resignation.
EUR/USD remains close to three-month lows near 1.1450
EUR/USD sets aside Friday’s bounce and trades with modest losses in the mid-1.1400s at the beginning of the week. The continuation of the bid bias in the US Dollar continues to weigh on spot despite improving sentiment from the geopolitical front.
WTI flirts with its 200-day SMA below $74.00
WTI breaches below the $74.00 mark per barrel on Monday to challenges its critical 200-day SMA. Signs of progress in US-Iran negotiations are easing concerns about prolonged supply disruptions, while comments supporting efforts to keep the Strait of Hormuz open are adding further pressure to the commodity.
Gold bounces off lows, looks to surpass $4,200
Gold regains composure and leaves behind three-consecutive daily declines on Monday, looking to regain the area above the $4,200 mark per troy ounce. Reports of progress in the latest round of US-Iran talks are helping the precious metal maintain its footing at the start of the week, although the stronger Greenback seems to limit the upside potential for now.
DEEPER DIVE
Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose
The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.
$60 billion of forced buying: Who gets to sell SpaceX into it?
The Elon Musk-founded SpaceX (SPCX) has spent its first few sessions on Nasdaq doing exactly what an engineered float is built to do: holding firm because almost nobody is allowed to sell.
Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash
Shiba Inu, the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.
CRYPTOCURRENCIES
Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash
Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021.
Crypto Market Overview: Bitcoin, Zcash and Bittensor rebound, but are these gains sustainable?
Bitcoin upholds a subtle recovery outlook on Monday, trading above $64,000 as investors reengage amid easing geopolitical tensions, particularly in the Middle East. Altcoins are broadly rising, led by Zcash and Bittensor, indicating a positive short-term turnaround.
Crypto Today: Bitcoin, Ethereum, XRP rise slightly as US-Iran peace talks make progress
Cryptocurrency prices are broadly rising on Monday, with Bitcoin reclaiming support above $64,000. Ethereum holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple is back above $1.13 after testing the $1.12 support level.
STOCKS
Tesla (TSLA): Why Elliott Wave supports higher prices toward $774
Tesla (NASDAQ: TSLA) remains one of the most closely followed companies in global markets. While many investors focus on electric vehicle deliveries and short-term earnings, Tesla’s long-term growth story extends far beyond the automotive sector.
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: Winds of change blowing into the Federal Reserve Premium
GBP/USD battles 1.3200 as UK PM Starmer set to resign
GBP/USD is facing moderate selling pressure in Asian trading at the start of the week on Monday, as the British Pound stays vulnerable amid the UK political chaos. UK PM Keir Starmer is expected to announce an exit plan on Monday, paving the way for Andy Burnham to become PM.
Gold: Hawkish Fed leads to third consecutive weekly loss Premium
Bitcoin: Recovery hopes fade after the Fed spoils the party
US Dollar: The last mile just got longer Premium
Week ahead – Fed’s hawkish tilt and Iran deal turn focus to PCE inflation and PMIs
US PCE inflation data eyed after Warsh’s surprise hawkish debut. June PMIs in the spotlight too as US-Iran deal eases energy crunch. CPI data for Australia, Canada and Tokyo also on tap.
EDUCATION
Four mental models that quietly separate profitable traders from the rest
Trading advice focuses on what to think. It rarely answers a simpler question: what should you actually do differently in your next session? After years in the markets and the drawdowns that come with them, the lessons that stuck weren't about indicators or motivation.
The habits that actually separate consistent traders from everyone else
There's a version of every trader who shows up at 3 a.m., wide awake, replaying a trade that closed six hours earlier. Recalculating what should have happened. Knowing, somewhere underneath the recalculation, that the strategy wasn't the problem.
PRESS RELEASES
STARTRADER delivers emergency relief to 300 earthquake-affected families in the Philippines
STARTRADER, through its charitable arm STARCARES, is delivering emergency relief to 300 families displaced by the 7.8-magnitude earthquake that struck Sarangani Province in the Philippines.
PU Prime launches "Dad Made Us Believe" Father's Day campaign
This Father’s Day, the global, multi-licensed online brokerage PU Prime is proud to announce the launch of its latest campaign, "Dad Made Us Believe." As excitement builds around the PU World Cup and global attention turns to FIFA 2026, PU Prime is taking a moment to celebrate the people who first t
As demand for AI trading bots rises in 2026, why is BulkQuant drawing attention from crypto, forex, and stock traders?
AI trading bots are becoming more visible in 2026 because traders are dealing with a different kind of market pressure.