MarketPulse - The Beat of the Global Markets

NFP-Reaction-US-Equities-06-06-2025
GBP outlook as GBP/USD gets rejected from pre-FOMC highs
The Pound’s rally above 1.37 quickly reversed as GBP/USD dropped 1.7% following Powell’s balanced FOMC tone and a re-anchored US Dollar. With UK inflation still high and BoE cuts pushed further out, traders now question if this pullback signals a broader correction across European currencies.
by Elior Manier
Where to Next, EUR/USD? Policy gap between ECB and Fed
The U.S. Federal Reserve has cut interest rates by 25 basis points to 4.00–4.25%, marking its first adjustment in nine months. The move, driven by risk management rather than crisis response, highlights concerns about a cooling labor market. In Europe, the ECB kept its accommodative stance unchanged, with officials signaling inflation is near target and future cuts remain possible but not urgent.
by Krzysztof Kamiński

Top cryptocurrency news and analysis

ETH breaks out and SOL surges higher, keeping crypto markets tight
Cryptos have lagged US equities but showed signs of life in recent sessions, led by altcoins. Solana surged ~20% since Monday, while Bitcoin bounced from $107,000 lows off key support. ETF inflows and favorable regulatory signals underlying the lift. We review technical setups for Bitcoin, Ethereum, and Solana ahead of the weekend.
by Elior Manier
Ethereum tries to gather momentum after the CPI report
While equities shine fron this morning's CPI report, cryptocurrencies still await for renewed momentum. Bitcoin has bounced from $108K while Ethereum struggles to regain momentum. With FOMC cut expectations shifting and traders awaiting Powell’s stance, we analyze the broader crypto outlook and dive into Ethereum’s multi-timeframe setup.
by Elior Manier
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Top commodities news and analysis

Gold (XAU) and Silver (XAG) find selling pressure from the post-FOMC stronger US dollar
Gold (XAU/USD) and Silver (XAG/USD) face pressure after the Fed’s latest policy stance boosted the US Dollar, despite a 25 bps cut. Following record highs earlier this week, metals enter a more cautious phase as Powell’s balanced tone tempers dovish expectations and gives back some confidence in the FED and the US Dollar. Discover charts for the two metals and some technical levels.
by Elior Manier
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Central banks news

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