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EUR/USD holds above 1.1200 ahead of PMI releases

EUR/USD struggles to stage a rebound after posting marginal losses on Thursday but manages to hold above 1.1200. Preliminary October PMI data from Germany, the Eurozone and the United States, which could trigger a directional move in the pair, will be featured in the economic calendar on Friday.

GBP/USD extends consolidation near 1.3400 after Retail Sales data

GBP/USD continues to move sideways near 1.3400 after failing to make a decisive move in either direction on Thursday. Weaker-than-expected Retail Sales data from the UK makes it difficult for the British Pound to gather strength and caps the pair upside. Later in the session, preliminary October PMI data from the UK and the US will be watched closely by market participants.

Gold stalls recovery from three-month low as Fed hike bets and USD uptick cap gains

Gold struggles to capitalize on a modest intraday bounce from levels below the $4,000 psychological mark, or a three-month low set during the Asian session, and sticks to a negative tone for the second straight day. The Federal Reserve recently signaled that there is no urgency to raise interest rates. Traders, however, are still pricing in around an 80% chance that the US central bank will raise borrowing costs again at its December policy meeting.

Bitcoin, Ethereum, and Ripple rebound as major support levels cap recent sell-off

Bitcoin, Ethereum and Ripple rebound modestly on Friday after correcting and testing their key support zone the previous day. BTC holds the 50-day EMA, ETH finds support around the 100-day EMA, while XRP holds the horizontal floor near $1.300. The price action of these top three cryptocurrencies suggests a recovery if this critical support zone holds; a decisive close below these levels suggests a deeper correction.

LATEST NEWS

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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

The Producer Price Index rose 6.3% in the year to September and the Consumer Price Index 3.7%, the widest gap since 2022. Inside the S&P 500, energy and technology companies collect the difference, the rest pay it, and shoppers get their turn in 2027. The Bureau of Labor Statistics (BLS) publishes two inflation numbers a month, and in September they came apart.

CRYPTOCURRENCIES

Top 3 Price Predictions: BTC, ETH and XRP rebound as major support levels cap recent sell-off

Bitcoin, Ethereum and Ripple rebound modestly on Friday after correcting and testing their key support zone the previous day. BTC holds the 50-day Exponential Moving Average, ETH finds support around the 100-day EMA, while XRP holds the horizontal floor near $1.300.

Why Hyperliquid is losing RWA market share to centralized exchanges

Hyperliquid (HYPE) is losing market share in real-world asset perpetual futures to centralized exchanges even as the overall financial market faces pressure. Hyperliquid’s trade.xyz accounted for roughly 80% of RWA perpetual trading volume in July, according to Artemis data shared by Ark Invest Digital Asset Head of Research Lorenzo Valente..

Cardano Price Forecast: Whale selling deepens ADA correction

Cardanoedges higher by nearly 2% on Friday, following a roughly 6% decline the previous day. The pullback aligns with the sell-side appeal among large-wallet investors, commonly referred to as whales, and Cardano derivatives. The technical outlook for ADA is bearish, with downside momentum persisting. Whales are losing their appetite for holding ADA tokens, fueling near-term selling pressure.

STOCKS

The message of SpaceX earnings is blunt: The AI supercycle is far from over

Space Exploration Technologies (SPCX) third-quarter earnings, delivered after the market close on Tuesday, are a blaring siren to all AI investors. The AI boom is not letting up despite recent anxiety in the market. At least not if founder Elon Musk has anything to do with it.

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 EUR/USD pair fell to a fresh 2026 low of 1.1113 but managed to bounce back, finishing the week with gains in the 1.1250 region. The pair was all about the US Dollar (USD) and how investors feel about the Federal Reserve (Fed) monetary policy path. The USD soared on Wednesday, following the release of the September Consumer Price Index (CPI).

The Fed just got a second hot inflation number. Here's what the diesel signal is really saying

The Federal Reserve (Fed) faces a renewed inflation challenge after two consecutive reports showed price pressure intensifying across the US economy. September's Consumer Price Index (CPI) confirmed accelerating consumer inflation, while the Producer Price Index (PPI) revealed an even sharper rise in business costs. Behind both reports lies a common factor: energy prices.

Gold: Bears shy away as US bond yields turn south

Gold (XAU/USD) started the week under bearish pressure but reversed its direction in the second half as United States (US) Treasury bond yields declined sharply. The economic calendar will not feature high-impact data releases next week and the Federal Reserve (Fed) will be in the blackout period, possibly limiting the precious metal’s volatility in the near term.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.

US Dollar: Down for the week, but far from defeated

Despite hitting new highs earlier this week, the US Dollar (USD) lost some upside traction in the last couple of days, ending the week in the red for the first time after four advances in a row. The Greenback’s correction does look more sentimental than fundamental.

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.

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