Bitcoin might be the canary in the gold mine – a declining anti-USD asset, could be the sign that the real USD is about to move higher, which would also affect the precious metals sector.
The GBP/USD is among the major currency pairs to watch owing to the remaining central bank rate decisions and key US data, all due this week. As well as US non-farm payrolls report, we will have key central bank rate decisions to look forward to, including from the UK.
Bulls hold grip and probe again through cracked Fibo barrier at 1.1746 (61.8% of 1.1918/1.1468), also being on track for the third consecutive daily close above broken top of thick daily Ichimoku cloud (1.1693).
Pound Sterling Price News and Forecast: GBP/USD nears 1.3400 as traders brace for BoE cut
The American currency is losing ground as traders focus on falling Treasury yields.
The Pound to Australian dollar (GBP/AUD) exchange rate is trading around 2.0130 after finding support close to 2.000 last week with both currencies securing a firm underlying tone in global markets. MUFG forecasts that GBP/AUD will decline to 1.93 amid a stronger Australian dollar and a shift in yield spreads against the Pound.
The Pound to Euro (GBP/EUR) exchange rate is trading around 1.1400. Rabobank forecasts a gradual grind lower to 1.1240 on a 6-month view as yields move against the UK currency.
EUR/USD trades near multi-week highs amid softer US Dollar, cautious Fed outlook
The EUR/USD pair has accumulated a streak of four consecutive bullish sessions, holding a gain above 1%, which shows that, for now, buying pressure has returned to the pair ahead of the year-end. This renewed upside momentum observed in recent sessions has been supported by the weakness of the U.S. dollar following last week's central bank comments and by expectations of a neutral stance from the European Central Bank in this week's decision.
GBP/USD nears 1.3400 as traders brace for BoE cut
Gold is pushing right back into the zone where optimism and exhaustion tend to collide.
USD/CAD holds firm after Canada CPI misses forecasts
JPY rises sharply on Tankan Survey, USD/JPY hits 155 – Scotiabank
USD/CNH drops below 7.0500, lowest since October 2024 – BBH
USD/CAD remains heavy near 1.3765 – BBH
CAD holds steady near Friday's close against USD – Scotiabank
USD/JPY holds near 155 amid strong Tankan survey – BBH
EUR/JPY weakens as markets price near-certain BoJ rate hike
The US dollar shows early softness as the euro and pound attempt rebounds amid uncertainty over Federal Reserve and Bank of England rate cuts, leaving major currency pairs range-bound while traders wait for clearer central bank direction.
Silver surges as buyers test $64.67, fueled by strong industrial demand and softer yields. Traders watch NFP and CPI for the next move in the silver market.
Gold extends a strong multi-month uptrend, approaching a potential breakout above $4,400, with pullbacks viewed as buying opportunities while key support levels near $4,200 and $3,950 continue to define a bullish structure.
Silver extends a powerful rally toward $65, driven by extreme momentum, heavy volume, and strong demand narratives. While dips remain buying opportunities near $60, volatility risk is elevated and disciplined money management remains essential.
After rising for four consecutive weeks, gold kicked off the new week on a strong footing this morning, rising a cool 0.9%, while silver rebounded from Friday's drop with a 3% bounce. Both metal remained below their respective record highs, with traders being wary of the recent bond market sell-off.
Gold trades firmly below all-time high on Fed, Geopolitical risks
EUR/USD holds gains ahead of busy week – ING
USD/CNH rrades near recent lows – OCBC
USD/JPY falls to near 155.00 as Yen capitalizes on upbeat Tankan Q4 survey data
USD/JPY consolidates ahead of BOJ meeting – OCBC
Silver Price Forecasts: XAG/USD retraces losses and rallies beyond $63.50
When is the Canadian inflation data for November and how could it affect USD/CAD?
The Pound New Zealand Dollar (GBP/NZD) exchange rate fluctuated last week, briefly touching a five-week low, amid considerable market volatility. Latest — Exchange Rates:Pound to New Zealand Dollar (GBP/NZD): 2.30335Euro to New Zealand Dollar (EUR/NZD): 2.02242New Zealand Dollar to Dollar (NZD/USD): 0.5805 WEEKLY RECAP: The Pound.
On the hourly chart of AUD/USD at FXOpen, the pair formed a base above 0.6600. The Aussie Dollar started a decent increase above 0.6630 against the US Dollar to enter a short-term positive zone.
A Bank of Japan monetary policy meeting is due this week, and expectations around the decision are supporting the yen today. Traders increasingly believe that the central bank may raise its policy rate by 25 basis points to 0.75%.
Gold breaks out of consolidation – Société Générale
USD/MXN resumes downtrend – Société Générale
The Pound Canadian Dollar (GBP/CAD) exchange rate traded in a wide range last week, heading broadly lower, amid a flurry of central bank activity. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.84134Euro to Canadian Dollar (EUR/CAD): 1.61676Dollar to Canadian Dollar (USD/CAD): 1.37713 WEEKLY RECAP: The Pound (GBP).
Silver price today: Silver rises, according to FXStreet data
The metal market was on fire over the weekend, with Gold and Silver hitting new highs. As the likelihood of the Fed easing in next year increases, will we see a new record for Gold?
GBP/JPY tumbles to near 207.00 as Yen gains on strong business confidence
EUR/USD fluctuates near highs in cautious markets ahead of a busy week
USD/CHF flat lines near 0.7950 as traders await US employment reports
Gold tested the resistance zone of 4343-50 last Friday and dropped towards the target of 4265. As we see over our previous chart, we still expect this trading zone to hold the market toward resistances 4358-62 and 4381.
USDJPY held below the 156.15 resistance which managed to cause a drop towards 155.35 so far. The market is still showing the chance for a trading zone between 154.90 and 156.15.
GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.
Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward 1.1820.
The Pound Euro (GBP/EUR) exchange rate wavered lower last week as Bank of England (BoE) interest rate cut bets weighed on Sterling. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13891Pound to Dollar (GBP/USD): 1.33709Euro to Dollar (EUR/USD): 1.17401 WEEKLY RECAP: The Pound (GBP) initially stumbled last week amid fresh UK.
The Pound US Dollar (GBP/USD) exchange rate strengthened last week as markets reacted to the Federal Reserve's latest interest rate decision. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33709Euro to Dollar (EUR/USD): 1.17401Dollar to Japanese Yen (USD/JPY): 155.8305 WEEKLY RECAP: The US Dollar (USD) tumbled last week,.
The US dollar weakens ahead of NFP as Fed rate-cut bets grow, pressuring DXY while GBP/USD and EUR/USD hold constructive technical structures.
AUD/JPY Price Forecast: Bullish outlook remains intact near 103.00 despite weak China data
Philippines Gold price today: Gold rises, according to FXStreet data
Looking at the 4-hour chart, the pair cleared many hurdles near 1.1700. It settled above the 100 simple moving average (red, 4-hour) and the 200 simple moving average (green, 4-hour).
Gold and silver extend gains as a weaker US dollar, Fed rate uncertainty, and strong demand support bullish breakouts ahead of key US jobs data.
USD/CAD sees more downside below 1.3750 as traders assess Fed's outlook for 2026
Gold recently reversed from the resistance area between the strong resistance level 4350.00 (which stopped sharp wave (3) in October) and the upper daily Bollinger Band.
USD/INR continues its bull run amid consistent foreign outflows from India
Pound Sterling Price News and Forecast: GBP/USD struggles to lure buyers amid a modest US Dollar uptick
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
Silver Price Forecast: XAG/USD bounces off 100-hour SMA; sticks to gains near $62.50
AUD/USD trades lower around 0.6650 amid unexpectedly weak China data
Japanese Yen rises amid BoJ rate hike bets; USD/JPY slides below mid-155.00s
Gold rallied to $4,326 on growing Fed rate cut expectations, while silver broke record highs and led the precious metals rally, with bullish technical patterns and safe-haven demand pointing to further upside
NZD/USD declines below 0.5800 on weak Chinese data
Gold Price Forecast: XAU/USD edges higher above $4,300 on Fed rate cut bets
GBP/USD holds steady above mid-1.3300s as traders await key data and BoE this week
PBOC sets USD/CNY reference rate at 7.0656 vs. 7.0638 previous
EUR/USD trades with negative bias around 1.1730 amid recovering USD; downside seems limited
When are the China Retail Sales, Industrial Production and how could they affect AUD/USD?
USD/JPY weakens below 156.00 amid Fed rate cut outlook, BoJ rate hike anticipation
Morgan Stanley Sees Scope for Gold to Exceed $4,900 as Investor Diversification Builds The gold price extended its upward trend this week, closing at $4,300.57 per ounce on Friday, up 0.6%, and continuing a steady climb from early December lows near $4,200. Morgan Stanley believes the rally still has room to run and sees meaningful upside.
Platinum has surged over 90% in 2025 as capital rotates from gold into undervalued metals, with tightening supply, rising industrial demand, and supportive macro trends pointing toward a $2,170–$2,300 target by 2026.
Silver news heats up as XAG trades near record highs. Fed policy, supply deficits, and data risk shape the silver outlook and price prediction.
The Pound to Euro exchange rate (GBP/EUR) last closed at 1.13867, extending a softening trend across the week as sterling investors reassessed the UK's economic trajectory and the Bank of England's relative policy stance ahead of 2026. Foreign exchange analysts at Rabobank argue that GBP sterling remains exposed to a combination of.
Spot Gold price holds near record highs as CPI, payrolls and rising yields set the tone for XAUUSD this week.
The EUR/USD exchange rate held steady in the past few months, a trend that may continue in the coming months as top analysts predict a return to US dollar slide amid a divergence between the Federal Reserve and the European Central (ECB). It was trading at 1.1740, much higher than last month's low of 1.1463.
EUR/USD re-tested a major level on the chart as EUR/JPY jumped up to another fresh ATH. Even EUR/GBP showed Euro strength as.
USD/JPY faces downside risks as a BoJ rate hike looms, with Japan data and Fed policy divergence setting up a volatile week for the yen.
Gold prices surged this week with XAU/USD rallying into pivotal resistance near the record highs in the wake of the Fed rate decision. Weekly momentum remains in overbought territory and while the broader outlook is still constructive, the immediate advance may be vulnerable while below confluent resistance.
Silver retreats after a record high as a reversal pattern forms. Traders watch $60.52 support while the silver outlook holds cautiously bullish.
The Euro ended the week at 1.17401 against the US Dollar, easing slightly as traders reassess the likelihood that the European Central Bank could emerge as one of the few G10 central banks with credible tightening risk in 2026, a shift that Nomura says would carry constructive, though limited, implications for the single currency. Latest.
Spot gold tests seven-week highs as a gold rally pauses near resistance. Fed rate cuts and Treasury yields keep the gold price outlook bullish above support.
USD/JPY enters a critical week with multiple catalysts that could break its recent range. U.S. payrolls remain the headline act, with Fed speakers and a Supreme Court case adding intrigue around the policy outlook.
Gold closed the week with four consecutive bullish sessions and a gain of more than 2%, as buying pressure attempts to consolidate once again in the market. For now, buying strength has begun to improve following this week's Federal Reserve decision and the recent pullback in market confidence, allowing gold—as a safe-haven asset—to recover ground in the short term.
The US Dollar tanked at the FOMC rate decision on Wednesday and both EUR/USD and GBP/USD broke out to fresh highs. Notably, however, USD/JPY retained bullish structure with ahold at the 155.00 level, setting the stage for next week's Bank of Japan rate decision.
Although the Pound has rallies since the budget, the UK currency has been under pressure over the past few months while the Swedish krona is a top performer this year. The Pound to Krona (GBP/SEK) exchange rate traded at 14.00 in late 2024, but there have been notable losses this year with the pair sliding to 3-year lows around.
United States CFTC Gold NC Net Positions: $2103K vs $202.3K
Gold reached its first major upside target Friday at $4,353 following Thursday's breakout, only to meet immediate selling that has price trading in the lower half of the daily range and threatening follow-through correction unless buyers defend quickly.
Silver Price Analysis: Drops after hitting all-time high, retracement risk looms
Gold remains bid as lack of Fed clarity and geopolitical frictions persist
AUD/USD steadies as focus shifts to PMIs, US Nonfarm Payrolls and CPI
The biggest winner from this week's Fed meeting has so far been metals, with silver jumping to a fresh all-time-high and gold prices continuing the breakout from the bull pennant formation and now re-approaching the ATH that set the highs back in October. Notably – the 4380 level held two separate tests while setting up a double top formation, and that led to the pullback and run down to 3900.
Pound Sterling Price News and Forecast: GBP/USD drops as UK GDP shrinks for second straight month
Silver pulled back towards the $61.00 level.
The American currency is moving higher as traders take some money off the table after the recent move.
EUR/USD stable near 1.1740 with Fed officials suggesting a pause in easing
Following Wednesday's dovish Fed meeting, the US dollar extended its slide yesterday, but has steadied during the first half of today's session as a bounce in bond yields offered the greenback some relief, particularly against the low-yielding Japanese yen. The recent bearish pressure on the dollar has stemmed not just from shifting rate expectations but also from typical end-of-year seasonality.