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Weekly Forecast

EUR/USD: Next bounce could be a trap

The single currency alternated gains and losses against the US Dollar (USD) this week, prompting EUR/USD to stabilise around the 1.1200 neighbourhood on Friday, while remaining unable to sustain its earlier bull run toward the 1.1260 zone. On the monthly chart, the second drop in a row appears almost unavoidable.

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.

What would a Republican sweep mean for Gold and Treasury yields?

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

The University of Michigan's consumer sentiment index was 48 for October, the second-lowest reading since 1952, and the S&P 500 is within 2% of a record. The rule that record gloom precedes a 20% rally only worked after a crash, and there hasn't been one.

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In-Depth Analysis

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.