EUR/USD tumbles to three-week lows near 1.1640

EUR/USD tumbles to three-week lows near 1.1640

The buying interest in the US Dollar now gathers extra steam, sending the US Dollar Index (DXY) to fresh highs and dragging EUR/USD to the area of three-week troughs around 1.1640. The firm US CPI reading kept the Fed’s cautious narrative unchanged, lending further wings to the Greenback in detriment to the risk complex.

GBP/USD drops further, challenges 1.3400

GBP/USD drops further, challenges 1.3400

There is no respite to the downward trend in the British Pound. That said, GBP/USD puts the 1.3400 contention zone to the test on Tuesday on the back of the firmer sentiment surrounding the Greenback and ahead of the Mansion House speech by Governor Bailey and Chancellor Reeves.

Gold regains balance near $3,350

Gold regains balance near $3,350

Gold prices manage to revert the initial pullback to the vicinity of the $3,330 zone per troy ounce, regaining some composure and returning to the $3,350 area amid acceptable gains, a stronger US Dollar and a solid performance of US yields.

Pi Network Price Forecast: PI test crucial support level amid bullish RSI divergence

Pi Network Price Forecast: PI test crucial support level amid bullish RSI divergence

Pi Network edges lower by 2% at press time on Tuesday, failing to join the bandwagon of altcoins fueled by Bitcoin reaching record high levels. The increasing supply pressure on Centralized Exchanges and the token unlocks fuel the declining trend in PI token, resulting in a retest of the $0.4460 support level.

LATEST NEWS

More Latest News

DEEPER DIVE

Roth IRA: A smart way to plan your retirement

Roth IRA: A smart way to plan your retirement Premium

In a country where the public pension system, such as Social Security, may not be sufficient to maintain the standard of living of future retirees, it becomes crucial to take charge of one's own Retirement Planning strategy.

French economy under significant strain with no signs of recovery

French economy under significant strain with no signs of recovery

French industrial production fell again in May, reinforcing the likelihood of a contraction in GDP in the second quarter. The outlook for the rest of the year remains bleak.

Will a strong Franc prompt the SNB to intervene?

Will a strong Franc prompt the SNB to intervene?

Swiss franc outperforms other majors in H1 2025. Is it time for the SNB to resume intervention? US tariffs could also impact the SNB’s policy strategy. Euro/Franc trades in a range, slightly above its record low.

CRYPTOCURRENCIES

Pi Network Price Forecast: PI holds a crucial support level amid rising selling pressure

Pi Network Price Forecast: PI holds a crucial support level amid rising selling pressure

Pi edges lower to retest a crucial support level as it decouples from the broader market recovery. PI token unlocks and increasing balance on CEXs boost selling pressure.

Dogecoin, Shiba Inu face profit-taking risk as Bitcoin's rally takes a breather 

Dogecoin, Shiba Inu face profit-taking risk as Bitcoin's rally takes a breather 

Dogecoin and Shiba Inu are frontlining meme coins losses on Tuesday, following a strong uptrend the previous day. The surge in the prices of DOGE, SHIB and other crypto assets followed in the footsteps of Bitcoin, which hit a new record high of $123,218 on Monday.

Meme Coins Price Prediction: Solana-based BONK, PENGU, WIF could lead the next market bull run

Meme Coins Price Prediction: Solana-based BONK, PENGU, WIF could lead the next market bull run

Bonk’s breakout rally gains traction, printing its fourth consecutive bullish candle. Pudgy Penguins' steadies amid the announcement of the upcoming launch of a multiplayer game, eyes further gains.

STOCKS

US equity futures advance after CPI shows rising inflation

US equity futures advance after CPI shows rising inflation Premium

June CPI shows inflation rising off May's lows. US equity futures rise as CPI inflation bleeds into share prices. Headline CPI for June jumps from 2.4% to 2.7%. Banks mostly exceed earnings expectations, but Wells Fargo cuts guidance.

BlackRock (BLK) Q2 earnings top estimates

BlackRock (BLK) Q2 earnings top estimates

BlackRock came out with quarterly earnings of $12.05 per share, beating the Zacks Consensus Estimate of $10.71 per share. This compares to earnings of $10.36 per share a year ago. These figures are adjusted for non-recurring items.


WEEKLY FORECAST

EUR/USD: US President Trump’s rage unleashes risk aversion

EUR/USD: US President Trump’s rage unleashes risk aversion Premium

The EUR/USD pair edged lower in the past week, settling a handful of pips below the 1.1700 mark, further retreating from the multi-year peak posted early in July at 1.1830. Financial markets kept revolving around the United States (US) President Donald Trump's targets.

GBP/USD appears at critical juncture heading into the inflation week

GBP/USD appears at critical juncture heading into the inflation week Premium

The Pound Sterling (GBP) entered a consolidative phase against the US Dollar (USD), following the recent GBP/USD correction from near four-year highs of 1.3789.

Gold: Bears hesitate as markets turn cautious on US tariff uncertainty

Gold: Bears hesitate as markets turn cautious on US tariff uncertainty Premium

Gold (XAU/USD) regained its traction following a bearish action seen earlier in the week and stabilized above $3,300. June inflation data from the US and fresh developments surrounding the United States’ (US) trade relations could drive XAU/USD’s action in the near term.

Bitcoin: BTC hits new all-time high and enters price discovery mode

Bitcoin: BTC hits new all-time high and enters price discovery mode

Bitcoin price prints a new all-time high near $118,900 on Friday, entering uncharted territory as bullish momentum accelerates. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin ETFs recording a total of $1.69 billion this week as of Thursday. 

US Dollar: Have we reached the bottom yet?

US Dollar: Have we reached the bottom yet? Premium

Came July, the US Dollar (USD) saw a resurgence of buying pressure, helping the US Dollar Index (DXY) stage a meaningful rebound from multi-year troughs in the 96.40-96.30 band to levels near the key 98.00 barrier.

Week ahead – A storm of CPI data and China’s GDP in focus amid trade uncertainty

Week ahead – A storm of CPI data and China’s GDP in focus amid trade uncertainty

Dollar attracts safe haven flows amid trade anxiety. US inflation data could shake July Fed cut probability. UK, Canadian and Japanese CPI numbers also on tap. Weak Chinese growth may increase calls for more stimulus.



EDUCATION

Three setups that kill your profits – Learn to avoid them

Three setups that kill your profits – Learn to avoid them

Most traders don't realize that the conventional way they've been taught to place stops is actually setting them up to be hunted by professionals. It's time to abandon the textbook approach and master how professionals really think about risk management.

Authenticity: The ultimate differentiator in the age of AI

Authenticity: The ultimate differentiator in the age of AI

We are living through the greatest revolution of our generation. Artificial intelligence is disrupting industries, changing the rules of creativity, and automating much of what we once thought required the human touch. 

BEST BROKERS IN 2025