After hitting fresh six-month peaks near 1.3250, GBP/USD is now under a tepid selling pressure due to a strong comeback in the Greenback, causing it to retreat toward the 1.3200 support area. Next on the UK docket are inflation figures, expected to be released on Wednesday.
EUR/USD remains offered and below 1.1300
EUR/USD is feeling the squeeze, revisiting the area around 1.1280 as the US Dollar gains extra momentum on Tuesday. Mixed domestic data from Industrial Production and Economic Sentiment haven't done the Euro any favours either.
Gold embarks on a consolidative move around $3,200
Gold is holding its own on Tuesday, trading just above $3,200 per troy ounce as it bounces back from earlier losses. While a more upbeat risk sentiment is bolstering the rebound, lingering concerns over a deepening global trade rift have prevented XAU/USD from rallying too aggressively.
XRP, Dogecoin and Mantra traders punished for bullish bets, will altcoins recover?
Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ushering volatility in Bitcoin and altcoin prices.
DEEPER DIVE
Strategic implications of “Liberation Day”
Liberation Day in the United States came with extremely protectionist and inward-looking tariff policy aimed at just about all U.S. trading partners. In this report, we outline some of the more strategic implications of Liberation Day and developments we will be paying close attention to going forward.
Emerging markets FX vulnerability: Q2-2025
Risks to emerging market currencies are accumulating—primarily due to tariff uncertainty—with the possibility of a “shock” scenario materializing currently elevated. In this report, we update and enhance our EM FX vulnerability framework to identify currencies most at risk in a shock tariff scenario.
Europe’s major investment projects: An increasingly complex financial equation
As a result of the post-Covid debts surge and rising interest rates, the financial burden on governments is increasing. In the OECD, it has reached 3.3% of GDP, its highest level since 2010.
CRYPTOCURRENCIES
Axiom’s volume surpasses $100M as meme trading platform war escalates on Solana
Axiom meme coin trading volume hit $101 million for the first time, surpassing other platforms on Solana. Axiom accounts for 30% of the ecosystem’s trading users, followed by Photon and Bullx at 24% each.
Bitcoin aiming for $95,000 as Global M2 money supply surges
Bitcoin (BTC) price edges higher and trades slightly above $85,500 at the time of writing on Tuesday after recovering nearly 7% the previous week. The rising Global M2 money supply could be a favorable signal for both Gold and Bitcoin.
Top 3 gainers Brett, Story and Virtuals Protocol sparkle as Bitcoin eyes $90,000
Cryptocurrencies have sustained a buoyant outlook since last week as US President Donald Trump’s tariff war was paused for 90 days, except for China, propping global markets for lifeline relief rallies.
STOCKS
Apple stock leads Dow Jones higher after Trump walks back consumer electronic tariffs Premium
Apple (AAPL) stock responded resoundingly to the Trump administration’s decision to exempt several categories of consumer electronics like computers and smartphones from his 145% China tariffs.
Microsoft poised for gains: Elliott Wave analysis signals the next leg up
The short-term Elliott Wave outlook for Microsoft paints a bullish picture, suggesting the stock has room to climb after a key low at $338 on April 7, 2025. This level marked the end of a corrective phase, known as wave (II), following a decline that began on July 5, 2024.
WEEKLY FORECAST
EUR/USD Weekly Forecast: Trade war chaos far from over, USD condemned Premium
The EUR/USD pair jumped to 1.1473 on Friday, its highest since February 2022, amid escalating tensions between the United States (US) and China, triggering a US Dollar (USD) sell-off.
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GBP/USD Weekly Outlook: Pound Sterling stages a solid comeback ahead of key UK data Premium
The Pound Sterling (GBP) jumped back into the game against the US Dollar (USD), allowing the GBP/USD pair to stage a solid comeback from five-week troughs.
US Dollar Weekly Forecast: The greater good? Premium
Another horrid week saw the US Dollar (USD) trade under heavy pressure, extending its acute sell-off for the third consecutive week and dragging the US Dollar Index back below the psychological 100.00 support for the first time since April 2022.
Gold Weekly Forecast: Safe-haven demand lifts precious metal to record high above $3,200 Premium
Gold (XAU/USD) started the week on the back foot and dropped below $3,000 before staging an impressive rally that lifted the price to a new all-time peak above $3,200 on Friday.
Bitcoin Weekly Forecast: Market uncertainty lingers, Trump’s 90-day tariff pause sparks modest recovery
Bitcoin (BTC) price extends recovery to around $82,500 on Friday after dumping to a new year-to-date low of $74,508 to start the week. Market uncertainty remains high, leading to a massive shakeout, with total liquidations hitting $2.18 billion across crypto markets.
Week ahead – ECB set to cut, BoC might pause as Trump U-turns on tariffs
ECB is expected to trim rates, but the BoC might pause this time. CPI data also in the spotlight; due in UK, Canada, New Zealand and Japan. Retail Sales the main release in the United States. China GDP eyed as Beijing not spared by Trump.
