 
  NZD/USD dives further, nears 0.5700 on weak Chinese data, risk aversion
NZD/USD dives further, nears 0.5700 on weak Chinese data, risk aversion
 
  NZD/USD dives further, nears 0.5700 on weak Chinese data, risk aversion
 
  The USD/JPY pair climbed to a nine-month high on Friday, approaching the key 154.00 level. The yen concluded October with losses of approximately 4%, marking a highly unsuccessful month.
 
  EUR/USD hovers near lows with Eurozone inflation on tap
 
  The Pound to Dollar (GBP/USD) exchange rate was largely unchanged on Thursday as markets digested the Federal Reserve's latest rate cut and a cautious message from policymakers. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.31353 (-0.18%)Euro to Dollar (EUR/USD): 1.15606 (-0.1%)Dollar to Japanese Yen (USD/JPY): 154.1915.
 
  The Pound to Euro (GBP/EUR) exchange rate edged lower on Thursday after the European Central Bank (ECB) kept interest rates on hold and struck a tone of calm confidence about the Eurozone economy. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13606 (-0.1%)Pound to Dollar (GBP/USD): 1.3128 (-0.24%)Euro to Dollar (EUR/USD): 1.15557.
 
  When is the Eurozone Prelim HICP inflation and how could it affect EUR/USD?
 
  The US Dollar steadies near 99.60 as markets weigh Powell's cautious tone, rising Fed rate-cut bets, and renewed US–China trade optimism.
 
  Gold consolidates near $4,014 while silver tests $49.40 resistance amid slowing India demand and renewed buying from China and Singapore.
 
  USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
 
  The Swiss National Bank reported a third-quarter profit of 27.93 billion Swiss francs ($35.22 billion), the central bank said on Friday, helped by the booming value of its gold reserves.
 
  EUR/USD Price Forecast: Trades cautiously near two-week low around 1.1570
 
  Pound Sterling Price News and Forecast: GBP/USD holds gains amid increasing Fed rate cut bets in December
 
  GBP/USD treads water above 1.3150 as Fed rate cuts climb
 
  USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets
 
  EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday
 
  Silver Price Forecast: XAG/USD trades firmly near $49.00 ahead of speeches from Fed officials
 
  Looking at the 4-hour chart, the pair settled above 153.00, the 100 simple moving average (red, 4-hour), and the 200 simple moving average (green, 4-hour). The pair even surpassed 154.20 and traded to a new multi-week high.
 
  USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
 
  In this technical blog, we analyze the historical performance of the CHFJPY 1-hour Elliott Wave charts, as presented to members of ElliottWave-Forecast. The analysis highlights an impulsive rally that began from the October 15 low and concluded at the October 27 high, which surpassed the prior peak from October 8—signaling a potential bullish extension.
 
  NZD/USD languishes near one-week low, around 0.5735 after China's PMI data
 
  GBPAUD currency pair recently broke the support zone between the support level 2.0250 (which stopped the previous impulse wave i) and the support trendline of the daily down channel from July.
 
  CADJPY currency pair recently broke the resistance zone between the resistance level 109.60 (which stopped wave (1) at the start of October) and the 50% Fibonacci correction of the downtrend from July of 2024.
 
  AUD/USD remains near 0.6550 following China's NBS PMI data
 
  Gold edges higher on safe-haven flows; remains below $4,050 amid Fed's hawkish tilt
 
  Tokyo's inflation data surprised to the upside, with all key measures accelerating and staying well above the BOJ's 2% target. While that's reignited talk of a potential rate hike, Governor Ueda's cautious stance and focus on spring wage negotiations suggest any move may be delayed.
 
  EUR/USD defends 1.1550-40 support as USD consolidates post-FOMC gains, lacks follow-through
 
  PBOC sets USD/CNY reference rate at 7.0880 vs. 7.0864 previous
 
  USD/JPY trades below 154.00 as Tokyo CPI figures remain above BoJ's target
 
  Tokyo inflation jumps and retail sales recover, signaling economic momentum. Traders eye BoJ policy shifts as USD/JPY retreats near the 153.8 level.
 
  GBP/USD tests six months lows as Pound Sterling continues to sink
 
  AUD/USD Price Forecast: Slips below 0.66 on US Dollar strength
 
  The Pound to Canadian Dollar (GBP/CAD) exchange rate steadied on Thursday after a volatile week, holding just above multi-month lows as traders digested a hawkish rate cut from the Bank of Canada (BoC) and lingering fiscal worries in the UK. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.83917 (-0.03%)Euro to Canadian.
 
  The US dollar is showing renewed strength as DXY approaches a key breakout zone. Both EUR/USD and GBP/USD are testing support, while USD/JPY continues to rally after the Bank of Japan refrained from signalling imminent rate hikes.
 
  Gold consolidated with buyers in control, hitting $4,027, with $4,079 resistance next if momentum holds.
 
  EUR/USD sinks below 1.16 as Fed's hawkish cut and ECB hold weigh on Euro
 
  The British Pound is poised to mark a second weekly decline with GBP/USD plunging to six-month lows in the wake of the Fed rate decision. A break of the October range has now extended nearly 4.9% off the yearly highs and keeps the focus on a pivotal support zone into the November open.
 
  The US Dollar has punched up to a fresh two month high on the heels of the FOMC rate decision, with some assistance from both the Euro and Japanese Yen following ECB and BoJ rate decisions. Today's price action has seen support at a familiar Fibonacci level of 98.98, and DXY has so far shied away from a test of the psychological level of 100 which is the next significant spot of resistance sitting overhead.
 
  USD/CHF steady near two-week high amid Fed caution and dovish SNB remarks
 
  Gold jumps as Fed cut offsets Powell's hawkish tone
 
  USD/JPY extends rally to February highs, focus shifts to Japan CPI and retail data
 
  Traders bet that Fed will start a QE program in 2026.
 
  Rising Treasury yields provide additional support to the American currency.
 
  During the latest trading session, the USD/CAD pair maintained a steady bullish bias, posting a price gain of around 0.3% in the short term. For now, buying pressure has reemerged following the monetary policy decisions from both the Bank of Canada and the U.S. Federal Reserve, where it was hinted that the Fed could adopt a more aggressive stance on interest rates in December.
 
  Pound Sterling Price News and Forecast: GBP/USD sinks below 1.32
 
  USD strength showed around the FOMC meeting yesterday as Powell didn't sound as dovish as markets were expecting or hoping for. He wasn't exactly hawkish but he said that a December rate cut wasn't a foregone conclusion, and the lack of data from the ongoing government shutdown wasn't necessarily being construed as an item denoting greater labor market weakness.
 
  AUD/USD weakens as US Dollar gains on trade truce, hawkish Fed comments
 
  GBP/USD sinks below 1.32 as Powell's “hawkish cut” strengthens Dollar
 
  Silver is tightening again – TDS
 
  Silver Price Forecast: XAG/USD steadies above 50-day SMA after sharp 16% correction
 
  EUR/GBP holds firm as ECB decision contrasts with UK economic challenges
 
  EUR/USD steadies as ECB keeps rates unchanged, Lagarde presser eyed
 
  Gold bounced slightly early Thursday but continues to struggle around the $4,000 level after a major sell-off. Consolidation seems likely between $3,800 and $4,200, with downside risk prevailing unless $4,200 is decisively broken.
 
  Silver traded noisily on Thursday, finding support near $47. The market appears to be consolidating between $47 and $50, though momentum seems overextended.
 
  The US dollar strengthened on Thursday as the euro and pound both struggled despite brief rallies. The EUR/USD remains range-bound between 1.1550 and 1.17, while GBP/USD stays weak below its 200-day EMA.
 
  EUR/JPY holds near record highs as Yen weakens after BoJ; ECB decision eyed
 
  The silver market steadies above the 50-day average. With Fed easing in focus, bulls target $50.02–$51.07.
 
  Gold Price Forecast: XAU/USD consolidates losses below $4,000
 
  The EUR/USD was trading around 1.16 handle ahead of the ECB rate decision, bouncing back a tad following the Fed's slightly hawkish press conference yesterday where Powell made it clear that another cut isn't guaranteed. But risp appetite remains largely supported even if European markets pulled back a little this morning ahead of the European Central Bank rate decision shortly.
 
  As an Englishman, I can say that the collective feeling amongst the British public regarding the UK economy currently leaves much to be desired.
 
  Gold steadies as Fed caution tempers rate-cut hopes, Trump-Xi truce lifts sentiment
 
  USD/CHF gains as Fed signals slower easing, US-China trade relations improve
 
  Pound Sterling Price News and Forecast: GBP/USD finds a floor at 1.3200 after Fed-induced sell-off
 
  USD/CAD steadies below 200-day MA after BOC hawkish cut – BBH
 
  NZD/USD nears resistance at 0.5800 amid firmer tone – BBH
 
  USD/JPY soars to near 154.00 as Japanese Yen plunges after BoJ's policy announcement
 
  EUR/USD rebounds above 1.1600 after Fed-driven dip – BBH
 
  USD/CNH might drop below 7.0860 – UOB Group
 
  USD/JPY jumps to 153.90 as BOJ holds rates steady – BBH
 
  NZD/USD appears to have entered a 0.5750/0.5790 sideways-trading phase – UOB Group
 
  NZD/USD Price Forecast: Under growing pressure, nears support at 0.5750
 
  EUR/GBP hits two-year high as Eurozone GDP surprises, Pound under pressure
 
  AUD/USD gives up early gains as US Dollar rebounds after Trump-Xi meeting
 
  Gold fell below the 3970 support yesterday and hit the target and support of 3915 today. So far, this support still holds which could give the chance for an advance towards the 4050 resistance.
 
  USDJPY managed for the second time to test the resistance of 153.25 to push for a correction where the market printed a low around 151.52, before market rebounded again toward 153.25. As we see from the Intraday chart, the market is still facing the chance for a trading zone between support 151.05-40 and resistance 154.00-20.
 
  As we see from our previous chart, the market hit the target and support yesterday at 1.3140, which managed to push for a rebound towards 1.3218 so far. If prices hold above 1.3140, a further rebound will be expected with resistance at 1.3250 and 1.3290.
 
  As we see over our previous chart, the Euro seems to be building a Triangle formation at support 1.1545, as resistance at 1.1700 has the chance for a trading zone. Above 1.1700 more advance could hit the market with resistance at 1.1780-1.1820.
 
  Amid continued uncertainty surrounding the U.S. government shutdown, weakness in the labor market, and tariff-induced inflation risks, Powell's remarks during yesterday's FOMC meeting, following the 25 bps rate cut decision, reinforced a cautious stance on a potential rate cut in December, keeping the U.S. Dollar Index (DXY) on a bullish footing. This pressured major currency pairs, including EURUSD and GBPUSD, to retest key support levels at 1.1570 and 1.3140, respectively.
 
  Dip buyers tried for a run back above $4,000 yesterday only to fall short but in trading today, they are once again showing some appetite as we get into European trading. The difference now though is that we're seeing price action move up to test the 100-hour moving average (red line).
 
  USD/CAD picks up to 1.3950 amid a firmer US Dollar
 
  AUD/USD: Likely to trade between 0.6550 and 0.6605 – UOB Group
 
  GBP/USD: Likely to consolidate between 1.3140 and 1.3245 – UOB Group
 
  The GBP/USD pair is consolidating around the 1.3200 level on Thursday, following significant losses in the previous session. The pair is now trading near its lowest point since April 2025, with selling pressure intensifying after the Federal Reserve cut interest rates by 25 basis points.
 
  EUR/USD picks up from lows as the focus turns to the ECB
 
  EUR/JPY Price Forecast: Reaches record highs above 178.50 as bullish bias persists
 
  EUR/USD: Likely to trade in a range between 1.1575 and 1.1635 – UOB Group
 
  USD/CAD rebounds to near 1.3950 following Trump-Xi meeting
 
  The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Wednesday as UK fiscal fears combined with a hotter-than-expected Australian inflation print to drive sharp selling in Sterling. At the time of writing, GBP/AUD was trading around AU$2.0000, down roughly 0.7% on the day.
 
  GBP/JPY jumps from lows and nears 203.00 on BoJ's dovishness
 
  The Fed's 25bps rate cut to 4.00% steadied the U.S. dollar, while traders shift focus to ECB policy and Eurozone inflation data for fresh market direction.
 
  When are the German/ Eurozone Q3 GDP and how could they affect EUR/USD?
 
  Gold and silver steadied after the Fed's 25bps rate cut to 4.00%, as a softer dollar lifted safe-haven demand amid cautious global economic sentiment.
 
  The Pound to Euro (GBP/EUR) exchange rate weakened on Wednesday as fiscal uncertainty ahead of the UK's Autumn Budget continued to weigh on Sterling sentiment. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13718 (-0.16%)Pound to Dollar (GBP/USD): 1.3197 (-0.61%)Euro to Dollar (EUR/USD): 1.1605 (-0.44%) DAILY RECAP: The Pound.
 
  EUR/USD rises to near 1.1630 as US Dollar corrects after Trump-Xi meeting
 
  Gold gains traction amid USD weakness and reviving safe-haven demand
 
  USD/INR gains at open despite US Dollar faces pressure
 
  Pound Sterling Price News and Forecast: GBP/USD attracts some buyers as the USD retreats
 
  The Bank of Japan (BOJ) held rates steady in October, leaving key growth and inflation forecasts largely unchanged from three months earlier. That helped USD/JPY reverse higher for the session.
 
  Silver Price Forecast: XAG/USD struggles near mid-$47.00s amid mixed technical signals
 
  EUR/JPY surges above 177.50 following BoJ interest rate decision, ECB policy eyed
 
  AUD/JPY attracts bids near 100.30 as BoJ holds interest rates steady at 0.5%