Gold approaches $4,700 on USD bounce
Gold slips back toward the $4,700 mark per troy ounce on Wednesday, giving away a big chunk of its daily gains on the back of the late rebound in the Greenback. The yellow metal now trades with modest gains on the back of cooling tensions in the Middle East, shrinking US Treasury yields and the still weak US Dollar.
GBP/USD loses momentum, challenges 1.3400
GBP/USD comes under some fresh selling pressure and flirts with the key 1.3400 region in the latter part of the NA session on Wednesday. Cable’s recovery, in the meantime, follows a weaker Greenback after US and Iran struck a two-week ceasefire.
Fed Minutes to offer insights into March hold decision amid hawkish outlook
The Minutes of the Fed’s March 17-18 meeting are due on Wednesday. Investors are expected to closely follow details of the latest hawkish hold. Markets see one or no interest rate cut this year.
DEEPER DIVE
The inflation gap nobody is watching yet Premium
The Iran war won’t save the US Dollar Premium
The US Dollar is performing relatively well as investors have turned to it as the go-to place amid escalating geopolitical tensions. While the safe-haven card can work as a short-term tailwind, fundamental problems such as the US twin deficit problem remain untackled, and these could start to matter more as the year unfolds.
How central banks intervene in FX markets — and what it actually achieves Premium
When a currency weakens too quickly, central banks often step in. The objective is clear: stabilise markets, restore confidence, and, if possible, reverse the move.
CRYPTOCURRENCIES
XRP advances on renewed ETF inflows while 50-day EMA tempers upside momentum
Ripple (XRP) is edging up above $1.38 at the time of writing on Wednesday, buoyed by improving market sentiment after the United States (US) suspended attacks on Iran amid a two-week ceasefire.
Crypto Today: Bitcoin, Ethereum, XRP recover after US-Iran war ceasefire
Cryptocurrency prices are broadly holding steady on Wednesday after US President Donald Trump wrote on his Truth Social platform, "I agree to suspend the bombing and attack of Iran for a period of two weeks".
AI crypto tokens Render and Near Protocol rally amid Anthropic’s Glasswing initiative
AI crypto tokens, such as Near Protocol and Render, are extending gains on Wednesday amid the launch of Antropic Glasswing initiative, while the broader cryptocurrency market recovery linked to the US-Iran ceasefire adds tailwind.
STOCKS
Netflix (NFLX) short term Elliott Wave bullish sequence targets $116.40
Netflix (NFLX) experienced a prolonged corrective phase after reaching a peak of $134.12 on June 30, 2025. This downward cycle concluded at the February 23, 2026 low of $75.01, from which the stock began to recover. The rebound has established an incomplete bullish sequence.
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: War headlines and US inflation update to shape markets Premium
The EUR/USD pair finished a second consecutive week a handful of pips above the 1.1500 level, seesawing between gains and losses in line with United States (US) President Donald Trump's rhetoric on the Middle East war.
Gold: Bulls hesitate as Middle East uncertainty grows Premium
Gold (XAU/USD) gathered bullish momentum and climbed to a fresh two-week high, but erased a large portion of its gains in the second half of the week.
GBP/USD: Solid on the surface, fragile underneath Premium
Another bearish week for the British Pound led to the second consecutive weekly retracement for GBP/USD, which was primarily driven by geopolitical concerns rather than domestic issues, while market participants currently do not expect the Bank of England (BoE) to resume interest rate cuts this year
Bitcoin: BTC nears key support as war concerns grow, quantum fears linger
Bitcoin (BTC) is trading at $67,000, approaching its key support level at the time of writing on Friday, after nearly erasing its earlier weekly recovery.
US Dollar: Supported by policy, tested by geopolitics Premium
Looking at the weekly chart, the US Dollar (USD) has traded in a choppier, more volatile fashion, struggling to build on the strong gains seen the previous week.
Week ahead: US CPI and Fed Minutes
Having seen inflation in the EU and Germany surge in March due to the conflict in the Middle East the expectation is that we will see a similar uplift in US headline inflation.
EDUCATION
Propinder Review: A fresh approach to choosing Prop Firm challenges
The retail proprietary trading industry has grown rapidly over the past few years. While most platforms in this space focus on filtering challenges based on user-selected criteria, Propinder, a newly launched comparison platform powered by FXStreet, takes a different approach.
84% accuracy pattern vs everything else you've been trading
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PRESS RELEASES
FXTM announces strategic expansion across the Middle East and Asia, including license category upgrade under UAE CMA and new Indonesian strategic partnership
FXTM, a global leader in trading technology and financial services, today announced a series of major strategic initiatives as the company strengthens its footprint across high-growth markets in the Middle East and Asia.
Best cloud mining platforms 2026: Top 7 sites ranked
As cloud mining continues to evolve in 2026, the industry is no longer defined by simple promises of high returns. Instead, users are increasingly focused on platform transparency, infrastructure credibility, and consistent payout models.
XM launches unlimited cashback promo rewarding traders in 2026
For a full month in spring, verified XM traders globally will be rewarded for their trading activity with extra money.