Market news
Crypto, stocks, forex and macro, aggregated for traders.
USD/CAD Uptrend Intact, Bulls Eye 1.4200
USD/CAD extended gains during the North American session, up 0.27% on Friday and over 1.34% for the week, maintaining an upward bias as it targets last year's highs near 1.4200. The pair traded at 1.4175 after recovering from daily lows.
AUD/USD Flat as Hawkish Fed and RBA Signals Offset
AUD/USD traded little changed on Friday, with hawkish policy signals from both the Federal Reserve and the Reserve Bank of Australia offsetting each other and keeping the pair range-bound despite a modest pullback in the U.S. dollar.
NZD/USD Slumps Below 200-Day SMA, Eyes 0.57
The New Zealand Dollar fell for a third straight session, dropping over 1.48% on the week and hitting two-month lows near 0.5722 against the US dollar.
Retail Investors Set Record Options Trading Volume in June
Retail investors traded an average of $7.0 billion in options premium daily in June, an all-time high. Semiconductor options alone hit a record $1.9 billion per day.
US Dollar Hits Mid-May Highs Above 101.00
The US Dollar posted strong gains last week, pushing the DXY above the 101.00 barrier for the first time since mid-May 2025.
Crypto Market Roundup: Bitcoin Dips, MiCA Threatens USDT, Cardano in Crisis
A digest of key crypto developments: Bitcoin fell to $62,000, Europe's MiCA rules may impact USDT, Cardano faces a crisis, JPMorgan warns on mining economics, and more.
Private Credit Redemption Requests Surge 56% QoQ to $12 Billion
Investor withdrawal requests from large private credit funds jumped $4.3 billion, or 56%, to $12 billion in Q2 2026, led by the Cliffwater and Blackstone funds. New BDC sales plunged 74% year-on-year in April, signaling rapidly deteriorating confidence.
USD/JPY Pares Losses, Eases from Two-Year High Near 161.00
The USD/JPY pair eased to near 161.00 on Friday, pulling back from a two-year high of 161.81 as US Dollar momentum fades despite a hawkish Fed stance.
Swiss Franc Weakens by Design, USD/CHF Hits Year High
The Swiss Franc is the weakest major currency this week, dragging USD/CHF to a fresh year high. The move is attributed to an unwinding of safe-haven bids after a US-Iran deal, but the Franc's haven status was already questionable.
USD/CHF Nears Seven-Month Highs, RSI Approaches Overbought Territory
USD/CHF continues its rally, approaching seven-month highs while the RSI edges closer to overbought levels, signaling potential overextension.
JPMorgan: Bitcoin Mining Costs Exceed Price for Five Months, 20% of Miners Unprofitable
JPMorgan estimates average Bitcoin mining cost at $78,000, with BTC trading below that for five months. About 20% of miners are operating at a loss, and network difficulty has become more sensitive to price changes.
NZD/USD Extends Drop as Fed Tightening Bets Boost Dollar
The New Zealand Dollar continues to weaken against the US Dollar, with NZD/USD trading around 0.5740 on Friday, down 0.28% on the day, as expectations of a restrictive Fed policy bolster the greenback.
US Leveraged Loan Funds See 10th Week of Inflows, $3.5B Since May
US leveraged loan funds have attracted $3.5 billion in inflows since May, marking a 10-week streak. The recovery follows a sell-off in February-March, driven by easing Iran tensions and higher rate expectations.
Pound Sterling Rebounds After Three-Month Low as Holiday Thins Trading
GBP/USD recovered from a three-month low of 1.3163 on Friday, edging up 0.18% to 1.3226 in thin holiday trade. The move was helped by a pause in USD buying after the Fed's hawkish tilt, though the pair is still on track for weekly losses.
EUR/USD Rebounds on USD Pullback but Fed Cap Gains
EUR/USD stages a rebound on Friday as the US Dollar eases, but hawkish Federal Reserve bets limit upside. The pair trades around 1.1470 after bouncing from a three-month low of 1.1417.
Iran Confirms US Meeting Postponed, MOU Signed Digitally
Iran’s Foreign Ministry confirmed a planned meeting with US officials in Switzerland has been postponed, but stated a Memorandum of Understanding was signed digitally. Preparations for a new meeting are underway.
EUR/USD Sinks to 1.1417 After Warsh's First Fed Meeting
EUR/USD dropped to 1.1417, its lowest since March, following the first Federal Reserve meeting chaired by Kevin Warsh. The pair recovered slightly but closed below 1.1500.
Cardano Faces Crisis: ADA Drops Below $0.20, Summit Funding Blocked
Cardano's ADA fell below $0.20 in early June, its DAO blocked funding for the main summit, and major projects like TapTools announced closures amid a growing ecosystem crisis.
Nordea: EUR/USD Upside Limited Due to Policy Divergence
Nordea research says EUR/USD upside is constrained by interest rate differentials and relative growth, as the ECB nears the end of its hiking cycle while the Fed continues.
Gold Suffers Third Weekly Loss as Hawkish Fed Reverses Early Gains
Gold (XAU/USD) opened the week with a bullish gap and strong gains, but a hawkish Federal Reserve reversed the move, leading to a third consecutive weekly loss.
Foreign Investors Hit Record 38.3% of Kospi Market Cap
Overseas investors now hold a record 38.3% of the Kospi's market cap, up 7 points since June 2025. Their total holdings of South Korean equities have tripled from 2024 to a record $1.39 trillion.
SEC May Be Preparing Major Crypto Rule Change, Says Task Force Counsel
Taylor Lindman, Chief Counsel at the SEC Crypto Task Force, discusses a potential landmark rule change that could impact tokenized stocks, DeFi, AI agents, privacy, and on-chain markets.
Nordea: Wide Yield Spreads Keep USD/JPY Elevated
Nordea expects USD/JPY to remain high as wide US–Japan yield differentials persist and the Bank of Japan stays very accommodative. Any gradual normalization by the BoJ is seen as too modest to materially weaken the yen.
Deutsche Bank: Next Week’s Focus on Global Flash PMIs and Inflation
Deutsche Bank analysts highlight that next week’s main macro focus will be global flash PMIs and several key inflation reports.