Gold and Silver came under renewed pressure at the start of the week. Gold briefly dropped below 4,000 mark before stabilizing, while Silver's decline gathered pace after breaking key retracement support.
PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0881 previous
Silver recently broke the support zone between the support trendline from August, support level 48.00 and the 38.2% Fibonacci correction of the upward impulse from August.
JPY is getting a bit of a tailwind from the meeting coming up between Trump and Japan PM Takaichi. Coming up today - Trump meets Japan's Takaichi to deepen defence, trade cooperation Takaichi has already begun ingratiating herself: Japan PM Takaichi making final arrangements to recommend Trump for Nobel Peace Prize.
Gold Price Forecast: XAU/USD slumps to near $4,000 on US-China trade progress
GBP/USD snaps six-day losing streak as next Fed rate call looms
USD/JPY posts modest losses below 153.00 despite trade optimism
The Pound to Euro (GBP/EUR) exchange rate edged higher at the start of the week as improving global risk appetite bolstered demand for Sterling. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14489 (-0.04%)Pound to Dollar (GBP/USD): 1.33393 (+0.13%)Euro to Dollar (EUR/USD): 1.16512 (+0.17%) DAILY RECAP: The Pound (GBP) started.
The Pound to Australian Dollar (GBP/AUD) exchange rate slipped at the start of the week as renewed US-China trade optimism drove risk-on sentiment and boosted the risk-sensitive Australian Dollar. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.03447 (-0.23%)Pound to Dollar (GBP/USD): 1.33393 (+0.13%)Australian Dollar to.
The Pound to US Dollar (GBP/USD) exchange rate firmed at the start of the week as softer US inflation data fuelled expectations for aggressive Federal Reserve rate cuts and lifted risk sentiment. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33393 (+0.13%)Euro to Dollar (EUR/USD): 1.16512 (+0.17%)Dollar to Japanese Yen (USD/JPY):.
NZD/USD Price Forecast: Slips as the Kiwi remains muted on risk-on mood
The Australian dollar is trading more like a proxy for global risk appetite and China-linked markets than a rates story. Correlation analysis shows AUD/USD moving in lockstep with copper and the yuan while largely ignoring rate differentials, underscoring that macro sentiment and trade optimism are driving the narrative.
EUR/USD rises as US-China trade war eases ahead of Fed decision
The US Dollar to Japanese Yen (USD/JPY) exchange rate is trading near ¥152.86, down 0.14% on the day after touching resistance around 153.27 last week. Rabobank says the week ahead could be pivotal for the yen, with markets watching both the Bank of Japan's October 30 policy meeting and Prime Minister Takaichi's first in-person.
USD/JPY remains pinned near key resistance as traders brace for this week's twin policy decisions from the Federal Reserve and Bank of Japan. Despite the event risk, implied volatility has barely budged, reflecting confidence that the Fed will deliver a 25bp cut while the BOJ maintains its dovish stance.
Silver dropped to $46.09, breaking channel support, with a close below $47.54 targeting $44.63.
Gold falls below $4,000 as US–China trade thaw eases safe-haven demand
Yen-weakness has continued, and USD/JPY has stepped up for a test of its eight-month high ahead of rate decision from the Fed and BoJ. The matched highs will often get talked about as a double top but the reality is that formation does come to life until there's a breach of the neckline, or the low between those two highs, and at this stage, the market still carries a bullish feel to it.
USD/JPY holds near eight-month peak as Fed, BoJ rate decisions loom
Precious metals are under pressure as traders react to U.S. – China trade truce.
Pound Sterling Price News and Forecast: GBP/USD floats around 1.3320 as softer US CPI reinforces Fed cut bets
EUR/USD holds firm as Fed and ECB decisions loom
The American currency is losing ground as U.S. – China trade negotiations were successful.
NZD/USD strengthens on trade optimism, Fed rate cut expectations
In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Silver (XAG/USD), Crude Oil (WTI), S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open / close of the month.
GBP/USD floats around 1.3320 as softer US CPI reinforces Fed cut bets
GBP/JPY climbs as Yen weakens on fiscal stimulus and BoJ decision looms
Gold prices came under pressure again today, extending last week's slide as risk appetite improved across global markets. After an impressive nine-week winning streak, gold's momentum stalled abruptly, with prices dropping 3.5% over the week, although at one point it was down much more than that.
It's a new week, and traders are feeling optimistic about the prospects for (yet) a(nother) US-China trade truce after positive talks between high-level lieutenants last weekend.
The gold market continues to see a lot of noisy trading on Monday, as we are likely to see a bit of exhaustion as the main factor here. Also, this is a situation where there are value hunters out there, so the “buy on the dip” crowd is still out
Silver markets face normalization – TDS
USD/CHF rises amid easing trade tensions, SNB policy support
The silver market has fallen a bit in the early hours of Monday, as we are looking to determine whether or not the uptrend can continue. With this, the market is likely to have to offer value soon.
The US dollar continues to see a bit of pressure on Monday, as we are looking to determine the risk appetite and whether or not the interest rate cuts coming out of the FOMC will continue to pressure it.
As Trump pursues a new trade deal, China's investment-led strategy, trade surplus, and rising gold reserves are fuelling global imbalances and challenging the dollar's dominance.
Fresh risk appetite dominated in the market at the start of the week, as growing optimism of US-China trade deal, fueled demand for riskier assets and inflated risk-sensitive Aussie dollar.
Along with index futures and other risk assets, the USD/JPY started the new week on the front foot after last week's decent gains, before easing off its best levels as the greenback continued to fall against other currencies, especially risk sensitive ones such as the Aussie dollar. This week promises to be a big one for financial markets with key central bank rate decisions, US-China trade talks and technology company earnings all to come.
EUR/CHF steadies after bullish gap with focus on ECB interest rate decision
Discover insights on the U.S.-India deal, fundamentals impact the U.S. Dollar and Indian Rupee, and the technical forecast for the USD/INR.
Silver Price Forecast: XAG/USD hits fresh lows near $47.30 on risk appetite
Gold weakens as US-China trade optimism lifts risk sentiment, focus turns to Fed
Pound Sterling Price News and Forecast: GBP/USD continues outperformance on upbeat UK data
AUD/USD surges to near 0.6560 on US-China trade deal optimism
USD/JPY drifts lower, nearing 152.50 as Fin. Min. Katayama speaks
There wasn't too much happening to start the new week as Trump and his aides left Malaysia for Japan, but not before making sure the world knows that things are progressing well ahead of his meeting with China president Xi later this week.
EUR/JPY stabilizes below 178.00 as Yen weakens on fiscal stimulus outlook
US-China trade deal optimism is boosting risk sentiment on Monday, pulling the USD lower. President Trump and his Chinese counterpart, Xi Jinping, will meet this week, where they are expected to agree on a deal.
Silver market slides over 2% with risk appetite rising. Traders eye $44.64 support ahead of the Fed decision and U.S.–China trade developments.
The USD/JPY pair rallied sharply on Monday, reaching the 153.00 level and testing levels not seen since February 2025. This bullish momentum is being driven by expectations of significant fiscal stimulus from Japan's new government and ongoing uncertainty surrounding the Bank of Japan's (BoJ) policy path.
Gold Price Forecast: XAU/USD remains vulnerable, with $4,000 on sight
USD/JPY is trading in a higher range of 152.40/153.30 – UOB Group
Gold price slips below $4100 as trade optimism and Fed expectations weigh. Traders eye support at $3846.50–$3771.46 for a potential bullish rebound.
EUR/USD weekly swings narrow to multi-month lows – Commerzbank
The Pound to Canadian Dollar exchange rate (GBP/CAD) softened last week as weaker UK inflation data and renewed fiscal concerns weighed on Sterling sentiment. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86423 (-0%)Euro to Canadian Dollar (EUR/CAD): 1.62602 (-0.1%)Dollar to Canadian Dollar (USD/CAD): 1.3971.
The Pound to Australian Dollar (GBP/AUD) exchange rate softened last week after a cooler UK inflation print and renewed fiscal worries weighed on Sterling sentiment. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 2.03464 (-0.22%)Pound to Dollar (GBP/USD): 1.33437 (+0.17%)Australian Dollar to Dollar (AUD/USD): 0.65583.
EUR/GBP declines as BoE and ECB divergence, French political risks weigh
Gold might be trading down nearly 2% today but overall price action isn't anything that we haven't seen in the past week. This comes as the tug of war continues to play out for the precious metal.
The Pound to New Zealand Dollar (GBP/NZD) exchange rate weakened last week as a softer UK inflation print and rising government borrowing concerns undermined Sterling sentiment. At the time of writing, GBP/NZD was trading around NZ$2.3160, little changed on the week.
NZD/USD: Likely to trade between 0.5740 and 0.5800 – UOB Group
EUR/USD steady as Eurozone data point to recovery – BBH
GBP/USD: Likely to trade in a range between 1.3295 and 1.3360 – UOB Group
EUR/USD: Likely to trade within a range of 1.1605/1.1650 – UOB Group
Silver price today: Silver falls, according to FXStreet data
The Pound to South African Rand (GBP/ZAR) exchange rate is trading near 22.98, up 0.25% on the day but has trended lower over the past month as the rand steadied after a turbulent spell. Goldman Sachs remains positive on the rand, maintaining a long bias despite recent setbacks driven by global risk sentiment, weaker gold prices, and.
Silver Price Forecast: XAG/USD holds losses below $48.00 due to risk-on mood
On the hourly chart of GBP/USD at FXOpen, the pair struggled above 1.3450. The British Pound started a fresh decline below 1.3400 against the US Dollar, as discussed in the previous analysis.
The Canadian dollar strengthened against the U.S. dollar today, pushing USD/CAD down to 1.39750 – a level that acted as resistance in early October but has since turned into support.
EUR/USD edges lower on risk-on sentiment amid hopes of a US-China trade deal
The Pound to Dollar (GBP/USD) exchange rate fell sharply last week as a softer-than-expected UK inflation reading reignited expectations for another Bank of England interest rate cut before year-end. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33172 (-0.03%)Euro to Dollar (EUR/USD): 1.16268 (-0.04%)Dollar to Japanese Yen.
USD/CAD Price Forecast: Testing range bottom, at the 1.3975 area
As we see over the previous chart, the market still faces the main resistance zone at 4160-90, if gold remains below it, the downtrend pressure could sustain for another drop swing towards the 4004-20 zone. Below 4004 more of a drop toward 3945-65 will be expected.
USDJPY managed to meet the first target at the resistance 152.60 and managed to move above it last week. As we see from the Intraday chart, the market is facing a support zone at 151.05-40, where if prices hold above it, more advance toward 152.60 and 154.65 will be expected.
We are still holding our previous outlook for the GBPUSD pair. Signals coming from the market show downtrend pressure with the chance for a trading zone, with support at 1.3250 and resistance at 1.3480-1.3535.
The Euro managed last week to hold above the support of 1.1545, giving the chance for another rebound. Price face support at 1.1545 as resistance at 1.1700-20 could create a trading zone.
EUR/JPY Price Forecast: Hovers around 178.00 after pulling back from record highs
Dollar weakens as CPI misses forecasts, fueling Fed cut speculation. GBP/USD and EUR/USD hover near key support before the FOMC decision.
When is the German IFO Survey and how it could affect EUR/USD?
NZD/USD holds positive ground above 0.5750 on US-China trade deal progress
Gold steadies near $4,080 while silver holds key support. Momentum cools ahead of the Fed meeting, suggesting consolidation before the next price move.
GBP/JPY Price Forecast: Refreshes two-week high near 204.00, BoJ's policy outcome awaited
The Pound to Euro (GBP/EUR) exchange rate fell to a three-week low last week as markets ramped up expectations for another Bank of England rate cut later this year. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14479Pound to Dollar (GBP/USD): 1.33118Euro to Dollar (EUR/USD): 1.16282 DAILY RECAP: The Pound (GBP) came under.
EUR/USD Price Forecast: Keeps bullish vibe above 1.1600 despite France's deepening political crisis
USD/CHF trades above 0.7950 after paring losses due to potential for US-China deals
EUR/GBP edges lower to 0.8730; lacks follow-through amid BoE-ECB policy divergence
Pound Sterling Price News and Forecast: GBP/USD faced rejection once again on its way to the 1.3500 level
Silver Price Forecast: XAG/USD plummets below $48 on US-China trade deal optimism
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
EUR/JPY strengthens to near 178.00, traders await German IFO Business Survey data
Pakistan Gold price today: Gold falls, according to FXStreet data
USD/INR opens higher despite US-India trade deal optimism
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
Gold drifts lower on US-China trade optimism; Fed rate cut bets could limit losses
USD/CAD slips below 1.4000 due to Fed rate cut bets
Looking at the 4-hour chart, the pair traded above the 38.2% Fib retracement level of the downward move from the 1.1728 swing high to the 1.1576 swing low. On the upside, the pair faces resistance near the 1.1650 level and the 100 simple moving average (red, 4-hour).
Gold pared losses after soft inflation data but remains vulnerable, while silver holds support, and the U.S. Dollar Index awaits a breakout from consolidation.
On Tuesday, gold experienced its most significant sell-off in 12 years. In dollar terms, Monday's intraday drop of $230 per ounce was the worst in history.
NZD/USD gathers strength above 0.5750 on easing US-China trade tensions