Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Global Equities Slide on Chip Selloff as Oil Extends Rally

July 17, 2026 10:53 am
Key Moments Semiconductor-led selling dragged Asian markets sharply lower, with Taiwan’s stock market plunging more than 6% and Japan’s Nikkei falling 4%. Oil prices climbed again, putting Brent at $84.75 and U.S. crude at $79.8 per barrel, with both benchmarks on track for weekly gains of more than 11%. The dollar held broadly steady as […] Read more

GBP/JPY Rally Stalls on Tokyo Intervention Risks

July 17, 2026 9:20 am
Key Moments GBP/JPY pulled back for a second session after briefly rising toward the 219.00 area on Friday, extending a retreat from its highest level since January 2008. Speculation over Japanese currency intervention and modest US Dollar strength supported the JPY and weighed on the GBP/JPY cross. A roughly 275 basis point UK-Japan rate gap […] Read more

AUD/JPY Pulls Back as Yen Intervention Fears Rise

July 17, 2026 7:46 am
Key Moments AUD/JPY trades in negative territory near 113.35, pressured by renewed Japanese intervention rhetoric. Japan’s Finance Minister warned authorities stand ready to take “decisive action at any time” ahead of a holiday weekend. Despite the pullback, the daily chart still signals a constructive bullish trend above key moving averages and Bollinger Bands. Pair Eases […] Read more

Gold Holds Above $4,000 Amid Fed Rate Pressure

July 17, 2026 7:15 am
Key Moments Gold (XAU/USD) is consolidating near $4,000 after a modest rebound from its monthly low. Crude oil prices have surged amid rising US-Iran tensions, reviving inflation fears and boosting expectations for longer Fed tightening. Technical signals remain bearish, with XAU/USD below its 200-day SMA and exposed to further downside. Gold Steadies Near $4,000 as […] Read more

Crypto Slips as Bitcoin Drifts, HYPE and TIA Drop

July 17, 2026 6:53 am
Key Moments Bitcoin (BTC) traded below $64,000 on Friday, staying under both its 50-day EMA at $65,041 and 200-day EMA at $75,025. Hyperliquid (HYPE) fell about 9% in the prior session and hovered near $60 on Friday after breaking below its 50-day EMA at $63.09. Celestia (TIA) tested its 50-day EMA at $0.3838 and remained […] Read more

Yen Eases as Mideast Tensions Rise, Tokyo Stands By

July 17, 2026 6:38 am
Key Moments USD/JPY traded with modest gains around 162.40 during Asian hours on Friday as the Dollar firmed against the Yen. Fresh US strikes on Iranian targets near the Strait of Hormuz and other locations added to geopolitical tensions. Japan signaled potential currency intervention, while its government blueprint will defer monetary policy tools to the […] Read more