AUD/USD flirts with 2026 lows around 0.6850
AUD/USD has rapidly left behind Monday’s optimism, shifting its attention to the downside and navigating the area of multi-month lows in the mid-0.6800s. The pair’s severe slump has come amid renewed and strong upside traction in the Greenback following further repricing of a rate hike by the Fed at its December meeting.
EUR/USD bounces off lows; still below 1.1200
EUR/USD has reversed the previous day’s firm advance, coming under fresh selling pressure and revisiting the 1.1160-1.1150 band on Tuesday. The robust performance of the US Dollar has kept the risk complex and spot on the back foot, particularly in the wake of hotter-than-expected US CPI data in October.
Gold flirts with $4,000 on solid USD buying
Gold slips back to the proximity of the key $4,000 mark per troy ounce on Tuesday, reaching new four-day lows at the same time. The yellow metal’s severe retracement follows the firm performance of the US Dollar, rising US Treasury yields across the curve and reignited speculation of extra Fed tightening.
Bitcoin vs Gold Outlook: BTC and XAU pull back as US inflation rises in October
DEEPER DIVE
Gold reclaimed $4,100. Tuesday’s CPI test decides if it holds
The Australian Dollar eyes its March low
The Australian Dollar is at make-or-break near 0.6900
CRYPTOCURRENCIES
Ripple sell-off persists as $1.00 support level beckons
Ripple (XRP) sustains downside pressure, slipping below $1.00 at the time of writing on Tuesday. The path of least resistance remains firmly downward, as the token’s upside is capped by downtrending technical indicators.
Pi Network rebounds from record lows, exits oversold territory as momentum improves
Pi Network (PI) shows a strong recovery on Tuesday, up over 7% after recording its all-time low of $0.0624 the previous day. PI token’s appeal in the derivatives market shows minor improvement, with Open Interest rising to $6.21 million.
Top Altcoins Price Forecast: Ripple, Cardano, and Solana remain vulnerable to further losses
Ripple (XRP), Cardano (ADA), and Solana (SOL) struggle to find their footing after last week’s decline amid a decline in institutional investors’ risk appetite.
STOCKS
NASDAQ soars on Monday despite Nvidia sell-off
The NASDAQ Composite surprisingly rallied despite a major sell-off by Nvidia (NVDA). The leading chipmaker of the AI boom shed between 4-6% on Monday after CEO Jensen Huang admitted to an extra-marital affair with an alleged Chinese spy over the weekend. That $270 billion sell-off hasn't stopped the broader market, and the NASDAQ Composite rallied 2.6% at last look.
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: Greenback holds firm despite looming US political stalemate
Canadian Dollar stares at 114.7K lost jobs and a Fed rate hike
Gold: Post-midterm elections relief rally loses momentum
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
US Dollar: The Dollar survives the midterms; now comes inflation
Week ahead – Inflation and geopolitics in focus as US political landscape shifts
Post-midterm election euphoria fizzles out as risk aversion prevails. US CPI, PPI and Fedspeak on the radar as Fed hike bets remain supported. Oil retreat pauses on mixed hopes about the ongoing conflicts.
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
Versus Trade marks 11.11 Sale Day with special bonuses for traders
Forex and CFD broker Versus Trade is celebrating 11.11 Sale Day with a limited-time campaign offering eligible traders access to special bonuses and promotional rewards.
Dollar volatility spikes as Middle East tensions meet US election results
Geopolitical developments in the Middle East and conflicting messages from Washington shape current valuations of the US dollar and the euro. Financial markets react to uncertainties surrounding peace negotiations and political shifts in the United States.
Betski secures a $15 million investment commitment from Nimbus Capital to accelerate its global growth
Betski ($BETSKI), a proprietary next-generation real-money gaming platform, today announced a long-term strategic commitment of $15 million from Nimbus Capital, a private alternative investment group specializing in bridging emerging digital economies with institutional capital markets.