EUR/USD holds gains above 1.1200 yet retains bearish tone below 100-day SMA
The EUR/USD pair holds positive ground near 1.1220 during the early European trading hours. The US Dollar softens against the Euro as US Treasury bond yields drop in extended rally. All eyes will be on the US Federal Reserve and the European Central Bank interest rate decisions later this week.
GBP/USD traders seem hesitant above mid-1.3300s ahead of the FOMC meeting
GBP/USD holds steady above the 1.3360-1.3355 support zone amid BoE hike bets and a softer US Dollar, though upside remains capped as traders await the FOMC meeting. Moreover, the Advance US Q3 GDP and the US PCE Price Index should offer more cues about the Fed's policy path, which will drive the USD and provide a fresh impetus.
Gold sticks to modest recovery gains above $4,000 as Fed hike bets cap upside
Gold stages a modest recovery from the vicinity of a three-month low, trading above the $4,000 psychological mark through Monday’s Asian session amid a softer US Dollar. US President Donald Trump has ruled out immediate military action against Iran, triggering a modest pullback in crude oil prices. Furthermore, Federal Reserve officials have signaled no urgency to raise interest rates immediately.
Cardano's derivatives and on-chain data confirm bears in control
Cardano extends losses, trading below $0.202 after three consecutive weeks of more than 20% declines since early October. Selling pressure continues to build as weakening derivatives metrics, bearish on-chain signals and a deteriorating technical outlook point to further downside risks. Derivatives data shows a bearish bias for Cardano.
DEEPER DIVE
What November 3 means for the Fed's rate path and the US Dollar
The USD faces a decisive period ahead of the November 3 midterm elections. While markets anticipate another interest rate increase from the Fed in December, the battle for control of Congress could reshape fiscal policy expectations and, indirectly, the path of US monetary policy in 2027.
The Bank of England just got its clearest reason to hike. Here's what it's really watching
United Kingdom (UK) inflation as measured by the Consumer Price Index (CPI) accelerated to 3.5% YoY in September, up from 3.1% in August, according to the Office for National Statistics (ONS).
Producer prices are up 6.3%. Consumer prices only 3.7%. This chart shows who eats the gap
CRYPTOCURRENCIES
XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL
Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.
Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment
Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.
Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance
Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.
STOCKS
The message of SpaceX earnings is blunt: The AI supercycle is far from over
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: Next bounce could be a trap
What would a Republican sweep mean for Gold and Treasury yields?
The United States midterm elections, scheduled for November 3, could trigger a major repricing of the US Dollar, Treasury yields, and Gold, but the outcome is not predetermined.
Gold: Inflation fears attract bears ahead of critical Fed meeting
Gold failed to benefit from falling US Treasury bond yields and closed the week deep in negative territory as rising energy prices fed into inflation fears. The Federal Open Market Committee meeting and third-quarter Gross Domestic Product growth data from the United States could ramp up the precious metal’s volatility.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment
Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.
Americans have never felt this broke, and the stock market is at a record. Both are true
Week ahead – Central bank and earnings bonanza could roil markets
Fed, ECB and BoJ to sit on the sidelines after September hikes. But RBNZ and BoC poised to lift borrowing costs. Inflation data out of the US, Japan, Australia to also be important.
EDUCATION
How economic uncertainty changes bullion buying patterns across generations
When the economy becomes uncertain, investors react differently depending on their goals and circumstances. But, generally, periods of high inflation, market volatility, or geopolitical tension push investors to look beyond traditional assets for ways to diversify and manage uncertainty.
![You’re watching pre-market levels wrong [Video]](https://editorial.fxsstatic.com/images/i/Fear-2_Medium.png)
You’re watching pre-market levels wrong [Video]
If you trade NQ, you’ve probably been told to watch the pre-market high and pre-market low. That part is easy. The harder question is: what are you actually supposed to do when price gets there? Most traders react too quickly, and that’s usually where the trouble starts.
PRESS RELEASES
15 Editions. One Industry. One Day in London: FM Summit London Returns on 24 November
On 24 November, Old Billingsgate brings together the decision-makers, industry leaders and companies shaping financial markets.
Trade Tech Solutions launches perpetual futures prop firm technology as platform surpasses 2 million users
Global trading technology provider expands into Perpetual Futures, with firms running on its infrastructure serving 2M+ users and 1M+ active accounts every month and processing more than $200 million in client revenues annually.
Hola Prime simplifies prop trading rules with launch of it’s rulebook
The rulebook consolidates account requirements, removes three funded account restrictions and maintains transparent change logs so traders can track rule updates.