London trading veteran, Irfan Patel, calls in to join Merlin to talk about the “doldrums” of currency trading in the summer months. Irfan answers many listener questions on a wide range of currencies including the Pound, Kiwi, Canadian & US Dollar. Some of these are displaying great trading opportunities going forward.

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Editors’ Picks

EUR/USD struggles below 1.1750 as 2025 draws to a close

EUR/USD struggles below 1.1750 as 2025 draws to a close

EUR/USD struggles below 1.1750 in the European session on Wednesday, the final day of 2025. The pair is under pressure as the US Dollar edges higher despite Federal Open Market Committee (FOMC) Minutes of the December policy meeting, released on Tuesday, showing that most policymakers stressed the need for further interest rate cuts.

GBP/USD stays weak near 1.3450 amid renewed USD demand

GBP/USD stays weak near 1.3450 amid renewed USD demand

GBP/USD remains under pressure near 1.3450 in European trading on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull. 

USD/JPY rises to near 156.60 as US Dollar Index refreshes weekly high

USD/JPY rises to near 156.60 as US Dollar Index refreshes weekly high

The USD/JPY pair trades 0.2% higher to near 156.60 during the late Asian trading session on Wednesday. The pair gains as the US Dollar trades higher, following the release of the Federal Open Market Committee minutes of the December policy meeting showed on Tuesday.


Editors’ Picks

EUR/USD struggles below 1.1750 as 2025 draws to a close

EUR/USD struggles below 1.1750 as 2025 draws to a close

EUR/USD struggles below 1.1750 in the European session on Wednesday, the final day of 2025. The pair is under pressure as the US Dollar edges higher despite Federal Open Market Committee (FOMC) Minutes of the December policy meeting, released on Tuesday, showing that most policymakers stressed the need for further interest rate cuts.

GBP/USD stays weak near 1.3450 amid renewed USD demand

GBP/USD stays weak near 1.3450 amid renewed USD demand

GBP/USD remains under pressure near 1.3450 in European trading on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull. 

Gold recovers losses above $4,300 amid the year-end grind

Gold recovers losses above $4,300 amid the year-end grind

Gold price reverses a dip below $4,300 in the European trading hours on Wednesday, recovering intraday losses. The precious metal draws support from the prospect of further US interest rate cuts in 2026. Gold has surged about 65% this year and is set to record its biggest annual gains since 1979.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance. 

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

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