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š USD Breaks Down. Hard.

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āļø GM Munchers! Itās Fridayā the one day a week traders get to decide whether theyāre celebrating their gains or crying into a Chipotle bowl about Trumpās latest tweets.
On todayās menu:
š The US Dollar Is Crashing
š¢ GameStop Gets Destroyed
š¤ A $6,725 Prop Firm Payout
š Platinum Just Went Parabolic
š³ļø Coinbase Launches A Credit Card
Yesterdayās numbers:
S&P 500 | 6,045 | +0.38% |
Nasdaq | 19,662 | +0.24% |
Dow Jones | 42,967 | +0.24% |
Bitcoin | $106,000 | -2.35% |
BREAKING NEWS
ā Oracle Lifts Markets (And Our Spirits)

Stocks closed green yesterdayāand for once, it wasnāt because someone at the Fed blinked. Oracle led the charge after reporting a cloud-crushing earnings beat.
Shares soared 13% after CEO Safra Catz said 2026 revenue should jump 70% thanks to AI demand. No word on whether the robots will be doing their taxes too.

Mayās Producer Price Index (PPI) also helped. It rose just 0.1%, signaling inflation remains on a leash. Translation? The economy is stable-ish, rates may pause, and we all might be able to afford eggs again.
š§ Trader Takeaway:
⢠Risk-on sentiment remains intact
⢠Big Tech continues to lead
⢠PPI + earnings beats = equities love it

š USD Breaks Down. Hard.
BREAKING šØ: U.S. Dollar
$DXY could be headed for its lowest closing price in more than 3 years šš±
ā Barchart (@Barchart)
2:53 AM ⢠Jun 12, 2025
The U.S. dollar had a full-blown identity crisis yesterday. The DXY dropped 0.7%, pushing its year-to-date losses to almost 10%. That's not a typo. The last time the dollar was this weak, people still used Facebook.
Fueling the plunge?
Fears of a U.S.-Iran war are heating up. Trumpās tone toward Tehran has turned from ādeal vibesā to āget ready for conflict.ā The Pentagon has already pulled nonessential staff from multiple embassies in the Middle East.

š§ Trader Takeaway:
⢠Safe havens (gold, yen) are back in play
⢠USD/CAD broke downāwatch oil and CAD strength
⢠If DXY closes below 98.90, strap in

š® GameStopās Bitcoin Play Goes⦠Well, You Know

GameStop just hit itself with a 22% drawdown after announcing plans to raise $1.75B in debt to buy Bitcoin. Yes, seriously.
The company wants to be the next MicroStrategy, but instead of software, they sell used copies of Call of Duty: Black Ops II.
Wall Street wasnāt amused. Shares fell like a rogue NPC off a cliff. Gamers are buying digital, revenue is falling, and now theyāre betting the balance sheet on BTC. Bold move, Cohen.
š§ Trader Takeaway:
⢠GME is now a degen macro bet, not a retailer
⢠Sentiment is crumblingāmeme stock bulls, beware
⢠BTC exposure ā guaranteed pump (especially when you do it with debt)
BROUGHT TO YOU BY
š¤ He Turned a Challenge Account Into a $6,725.70 Payout

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If youāve never taken a prop firm challenge before, this might feel new. But for traders looking to level up without draining their personal account, itās quickly becoming the smartest play on the board.
š LarkFunding.com ā take a look and see if youāre ready to turn performance into payout.
SENTIMENT
𤣠Trump Called Powell A Numbskull
President Trump calls Fed Chair Powell a "numbskull" for not cutting interest rates.
ā Brew Markets (@brewmarkets)
4:26 PM ⢠Jun 12, 2025
Donald Trump just called Fed Chair Jerome Powell a ānumbskullā for not cutting interest rates. (Weāll let you decide if thatās economics or WWE promo.)
But hereās the real tea: this isnāt just political noiseāitās market-moving stuff.
Why do interest rates matter so much?
Think of them as the price of money.
When rates go up: borrowing costs rise ā companies spend less, stocks drop, USD strengthens.
When rates go down: borrowing gets cheaper ā stocks and crypto rip, the dollar weakens, and my wife finally lets me refinance the kitchen.
So why does Trump want a cut?
Simpleālower rates =
ā
Cheaper debt for businesses (and the U.S. government)
ā
A weaker dollar (helps exports, hurts inflation-fighting)
ā
A stock market boost (great for campaignsā¦and portfolios)
He says Powell is hurting Americans by keeping rates ātoo high for too long.ā
Hereās what to watch next:
Fed meetings ā Will Powell respond?
Rate-sensitive assets ā Gold, tech stocks, crypto
USD pairs ā If the Fed does cut, DXY could drop even more
Bottom line?
Whether Powell listens or not, this tension adds fuel to the ārate cut rallyā hopes. Just donāt call your boss a numbskull and expect a raise.
MARKET OVERVIEW
šæ Tasty Movers & Shakers
$BA ( ā¼ 0.22% ) Boeing fell 5% after tragedy struck. An Air India Dreamliner went down, killing 241 people. Only one person survived. The market reaction was swiftāand brutal. Safety concerns like this donāt just hit headlines, they hit Boeingās bottom line.
$SHOP ( ā¼ 1.45% ) Shopify slipped 4% after Google Cloud glitched out harder than me trying to explain options to my wife. The outage also hit OpenAI and Cloudflare, but Shopify took it personally. When your backend vanishes mid-checkout, Wall Street notices.
$CHYM ( ā² 0.96% ) Chime popped 37% on IPO day, closing at $37. Itās now worth $11.6B and raised $700M in the process. Thatās not just a wināitās a standing ovation in fintech land. Can it hold? Or will this chart look like Robinhoodās by next week?
$TRZ.A.TSX ( 0.0% ) Air Transat nosedived 11% after reporting a $22.9M quarterly loss. Thatās less bad than the $54M they torched last year, soā¦yay? Still, flights from Canada to the U.S. are down 13% for December, so theyāre banking on Europeans to save the winter. Good luck with that.
$COIN ( ā¼ 1.52% ) Coinbaseās CEO basically told the U.S. government: āKeep spending like this, and Bitcoinās taking your job.ā Heās not wrong. Thereās only 21 million BTC, and most of us are still busy buying altcoins that end in ā-inu.ā
PROP FIRMS
š¤ Friday Motivation
I lost, I broke, I doubted myself a thousand times. But I kept going. Today Iām FTMO funded, not because Iām special, but because I refused to quit. This is my return. Stronger. Smarter. Focused.
ā Yusuf Mert Ćullu (@yusufmertcullu)
1:46 PM ⢠Jun 12, 2025
š Pre-Market Fuel
šŖ Munchy Memes
People that locked in a 30-year fixed mortgage at 2.69% in 2021
ā Evan (@StockMKTNewz)
6:07 PM ⢠May 19, 2025
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