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EUR/USD stabilizes near 1.1400 as markets focus on geopolitics
EUR/USD trades in a narrow channel at around 1.1400 on Wednesday. In the absence of high-impact data releases, escalating geopolitical tensions in the Middle East caps the pair's upside. On Thursday, the European Central Bank (ECB) will announce monetary policy decisions.
GBP/USD stays below 1.3400 after soft UK CPI data
GBP/USD struggles to gain traction and stays below 1.3400 in the second half of the day on Wednesday. The UK annual Consumer Price Index (CPI) inflation cooled to 2.6% in June against the market forecast of 2.7%, making it difficult for the British Pound gather recovery momentum. Meanwhile, investors keep a close eye on headlines coming out of the Middle East.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold extends rally as Middle East concerns intensify
Gold extends gains for the fourth consecutive day, standing comfortably above $4,100, unfazed by the risk-off market amid rising tensions in Iran and higher Oil prices. The pair has rallied nearly 2.5% so far this week and is on track for its best weekly performance in more than three months.
Australia unemployment rate set to steady at 4.4% in June, signaling strong job market
Australia will publish the June monthly employment report on Thursday at 01:30 GMT, and market participants expect a modest increase in job creation in the land Down Under. The Australian Bureau of Statistics is expected to announce that the country added 15K new jobs in the month, while the Unemployment Rate is forecast at 4.4%, unchanged from May.
Nasdaq 100 ETF (QQQ) Elliott Wave signals double correction toward 684 [Video]
The short‑term Elliott Wave view on the Nasdaq 100 ETF shows that the instrument is correcting the cycle from the March 30, 2026 low. The decline from the June 3, 2026 all‑time high continues, with the extreme target zone defined by the 100%–161.8% Fibonacci extension. This area lies between $646 and $684 and represents the next logical support cluster within the ongoing correction.
PRESS RELEASES
CFI Reports Strongest Quarter and First Half on Record, USD 3.03 Trillion in Q2 and USD 5.34 Trillion in H1 2026
Dubai, United Arab Emirates - 21 July 2026: CFI Financial Group, a globally recognized leader in online trading services, delivered its strongest first half on record in 2026, as sustained client engagement and strong trading activity across global markets drove trading volume to USD 5.34 trillion d
STARTRADER introduces 24/7 US stock CFDs across NVIDIA, Apple, Meta, and leading global equities
STARTRADER today announced the launch of 42 new 24/5 US Stock CFDs and confirmed 43 new 24/7 US Stock CFDs from 27 July 2026, giving clients direct access to 85 widely traded names.
Moneta Markets Launches ProTrader 2.0, Its Next-Generation Web Trading Platform
The upgraded platform combines TradingView-powered charting, flexible workspace customisation and streamlined trade execution in one browser-based experience