EUR/USD looks offered below 1.1200
EUR/USD now gives away the initial bullish attempt, returning to the 1.1200 neighbourhood on the back of decent gains in the US Dollar. Solid preliminary data from US business activity lend further support to the buck, keeping spot under pressure for now.
GBP/USD remains on the back foot near 1.3380
GBP/USD surrenders some gains and reverses three consecutive daily advances on Friday, receding toward the 1.3380-1.3370 band in response to the improved sentiment surrounding the Greenback. In addition, mixed results from the UK docket also appear to weigh on the British Pound, keeping Cable’s price action subdued.
Gold treads water around $4,000
Gold prices maintain its offered stance in place at the end of the week, hovering around the key $4,000 threshold per troy ounce. The persistent selling bias in the precious metal comes amid decent gains in the US Dollar and an acceptable rebound in US Treasury yields across the curve, all alongside further upside traction in crude oil prices.
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.
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
When everyone is a trading expert, DailyForex asks: Who is checking the facts?
AI-generated market forecasts, social media trading gurus, and automated broker rankings have made financial advice easier to find than ever. But more information does not necessarily mean better decisions.
TradingView launches AI Copilot, an AI assistant that works directly on your charts
TradingView has launched AI Copilot, an AI assistant built into Supercharts that both answers market questions and carries out actions on your chart, grounded in TradingView data.
Mastering the long game: An exclusive interview with Diego Forlán
In a conversation about ambition, pressure and perspective, Forlán reflects on the work behind the highlights and the lessons he has taken into his partnership with OneRoyal.