EUR/USD advances past 1.1200 amid a cautious trade
EUR/USD manages to further extend its multi-day recovery on Wednesday, navigating the area above the key 1.1200 barrier. A slight retracement in the US Dollar helps the pair maintain its upbeat tone amid mixed US Treasury yields and lack of relevant news on the geopolitical front.
Gold advances modestly; targets $4,150
Gold prices manage to reverse three consecutive daily declines, trading just below the $4,150 mark per troy ounce on Wednesday. The precious metal’s recovery comes amid a slight drop in the US Dollar, mixed US Treasury yields across the board and a widespread cautious tone from the US-Iran front.
XRP and XLM regain momentum as derivatives activity picks up
Ripple and Stellar are regaining momentum on Wednesday, mirroring gains across major digital assets. XRP has climbed above $1.36, while XLM has reached $0.1854, reinforcing support levels recently tested. This gradual price increase comes amid sticky inflation in the United States and ahead of the Federal Reserve’s monetary decision next week.
DEEPER DIVE
The US Dollar fell. Gold didn't rally. That tells you everything
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.
Canada’s inflation scare is a gasoline story, not a rate-hike story
CRYPTOCURRENCIES
Top 3 Price Prediction: BTC gains strength as ETH and XRP selling eases
Top three cryptocurrencies, Bitcoin, Ethereum, and Ripple, are holding steady on Wednesday after a bullish close the previous day. The mild recovery hints at an extended rally as the prevailing bearish pressure eases. Bitcoin trades at $82,930 on Wednesday, holding a bullish near-term bias following a mild rebound the previous day.
Ethereum staking hits record, but yield and fee revenue fall
Ethereum staking reached a record 43.8 million ETH in Q3 2026 amid a decline in annualized staking yields, according to crypto asset manager Bitwise. In its Q4 staking report on Tuesday, Bitwise stated that staked Ether accounted for 35.9% of the asset’s total supply by the end of the quarter. Net staking inflows reached 1.99 million ETH, marking the sixth straight quarter of growth.
Bitcoin resumes Nasdaq correlation as macro pressures threaten $82,500 support
Bitcoin's correlation with the Nasdaq is rising again after last week's decline alongside tech stocks, even as macro pressures place the $82,500 support at risk. In a report on Tuesday, K33 Research highlighted that Bitcoin has resumed its correlation with the tech-heavy Nasdaq after last week's price movements.
STOCKS
Netflix shares slide 5% despite Q3 earnings beat
Netflix (NFLX) stock sank 5% afterhours after the streaming company post a decent earnings beat. Netflix posted GAAP earnings per share of $0.87 or 5 cents above the Wall Street consensus. Revenue of $12.87 billion was in-line with consensus and rose 12% YoY. But shares fell about 5% from their close at $68.70 to the ~$65 range.
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: US Dollar future in the hands of Kevin Warsh
The Fed just got a second hot inflation number. Here's what the diesel signal is really saying
Gold: Bears shy away as US bond yields turn south
Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains
US Dollar: Down for the week, but far from defeated
Week ahead – Stocks seek direction as earnings take centre stage
US equities struggle as risk-off sentiment boosts sovereign bonds. US earnings and midterm elections in the spotlight amidst tech sector weakness. UK jobs and inflation data could challenge current BoE rate hike bets.
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]
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
iFX EXPO Asia 2026 brings the global trading industry together in Hong Kong for two days of business and connections
More than 5,000 attendees, 150+ exhibitors and 120+ speakers came together at the Hong Kong Convention and Exhibition Centre, turning two days of industry discussions into new opportunities across trading, fintech and financial services.
As Brazil’s retail investor base grows, brokers turn to ADVFN Brazil
With 5.6 million Brazilians now holding shares, ETFs or other listed investments, brokers are competing hard for their attention. Many are doing it on ADVFN Brazil.
AvaTrade accelerates global growth with acquisition of Forex pioneer FXCM
Agreement with Jefferies’ Stratos Group brings a 25-year Forex pioneer into AvaTrade’s multi-asset ecosystem and opens AvaTrade’s AI-powered platforms to FXCM clients worldwide.