EUR/USD softens to near 1.1150, with bearish bias intact below 100-day SMA
The EUR/USD pair trades in negative territory near 1.1165 during the early European session. The Euro extends its downside against the US Dollar as France’s fiscal concerns renewed financial stress across the Eurozone. Traders will closely monitor the Federal Reserve and European Central Bank interest rate decisions later this week.
GBP/USD stays below 1.3350 ahead of UK Budget, Fed meeting
GBP/USD struggles to stage a rebound following Monday's decline, and trades below 1.3350 in the early European session. Investors adopt a cautious stance ahead of the Fed policy meeting and the Autumn Budget announcement from the UK on Wednesday, making it difficult for the pair to stage a rebound.
Gold bears flirt with $4,000 amid sustained USD buying ahead of FOMC decision
Gold meets with a fresh supply during the Asian session, stalling the previous day's modest bounce from the vicinity of a three-month low amid a firmer US Dollar. The precious metal, however, defends the $4,000 psychological mark as traders now seem hesitant and opt to wait for the outcome of the two-day FOMC policy meeting on Wednesday.
Pi Network stalls as weak crypto sentiment caps recovery
Pi Network (PI) holds steady above $0.0760 at press time on Tuesday, stalling after a roughly 2% rebound the previous day. The broader market's weak sentiment and reduced trading volume weigh on the PI token. The technical outlook is bearish, with price capped below a long-term resistance trendline and weak momentum.
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
Kraken’s parent plans regulated US perpetual futures on Hyperliquid
Hyperliquid has named Payward, the parent company of crypto exchange Kraken, as its intended first Commodity Futures Trading Commission-regulated deployer on HIP-3 markets. In an X post on Monday, Hyperliquid stated that Payward plans to use its infrastructure to deploy perpetual futures markets for US customers. The proposed arrangement remains subject to regulatory approval.
Pi Network Price Forecast: PI stalls as weak crypto sentiment caps recovery
Pi Network holds steady above $0.0760 stalling after a roughly 2% rebound the previous day. The broader market's weak sentiment and reduced trading volume weigh on the PI token. The technical outlook is bearish, with price capped below a long-term resistance trendline and weak momentum.
Ripple and Stellar outlook: XRP and XLM remain under pressure as bearish momentum persists
Ripple and Stellar continue to remain under pressure, trading below $1.30 and $0.169 respectively, after a mild recovery the previous day. Both XRP and XLM remain below their key Exponential Moving Averages, indicating bearish price action. Moreover, mixed derivatives metrics and cautious on-chain data are capping sustained recovery in XRP and XLM.
STOCKS
Elliott Wave analysis: Nikkei remains on track for a larger degree pullback towards 58,400
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
CFI records highest-ever quarterly trading volume of USD 3.45 trillion
CFI Financial Group, a leading online trading provider, recorded notional trading volume of USD 3.45 trillion in Q3 2026, the highest in its history. Volume more than doubled year on year, increasing approximately 123%, while rising a further 14% quarter on quarter.
PU Prime puts trader education and LATAM outlook in focus at FX Expo Medellín 2026
PU Prime, a global multi-licensed online brokerage, has won the Best Trading Education Experience award at FX Expo Medellín 2026, held on 23–24 October at Centro de Eventos El Tesoro.
Digital Assets Week to Launch in Dubai with VARA as Host Partner
Digital Assets Week Dubai will take place on 4 February 2027 at the Dubai Exhibition Centre, bringing together leaders from across institutional finance, digital assets, regulation and market infrastructure.