Merlin Rothfeld
Online Trading Academy
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 consolidates below 1.1700 amid cautious markets
EUR/USD is holding steady below 1.1700 in the European trading hours on Thursday. The pair pauses its losing streak as the US Dollar consolidates the recent recovery amid a cautious market mood and ahead of the mid-tier US employment data.
GBP/USD turns lower to near 1.3450 amid softer risk tone
GBP/USD loses ground to trade near 1.3450 in the early European session on Thursday. Markets turn cautious amid simmering geopolitical tensions and ahead of the US labor market data due later in the day.
Japanese Yen struggles to lure buyers as BoJ uncertainty offsets safe-haven flow
The Japanese Yen attracts some dip-buyers following a modest Asian session downtick on Thursday, though it lacks bullish conviction amid mixed fundamental cues. The growing acceptance that the Bank of Japan will stick to its policy normalization path, along with intervention fears, act as a tailwind for the JPY.
Editors’ Picks
EUR/USD consolidates below 1.1700 amid cautious markets
EUR/USD is holding steady below 1.1700 in the European trading hours on Thursday. The pair pauses its losing streak as the US Dollar consolidates the recent recovery amid a cautious market mood and ahead of the mid-tier US employment data.
GBP/USD turns lower to near 1.3450 amid softer risk tone
GBP/USD loses ground to trade near 1.3450 in the early European session on Thursday. Markets turn cautious amid simmering geopolitical tensions and ahead of the US labor market data due later in the day.
Gold selling pressure persists as traders lock in profits ahead of US NFP report
Gold remains under some selling pressure for the second straight day and slides back closer to the overnight swing low during the Asian session on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited amid a supportive fundamental backdrop.
Pi Network flashes bearish potential as selling pressure mounts
Pi Network trades above $0.2000 at press time on Thursday, following a nearly 2% decline the previous day. Centralized Exchanges have received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders. The technical outlook for the PI token remains bearish, with a risk of a cross below the 20-day Exponential Moving Average.
2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet
Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.
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