Daily Global Market Update

EUR/USD is trending positive, gold price surges against USD, and Alibaba stock rises. Yen falls to a 38-year low, while US stock markets hit record highs. Watch out for upcoming economic releases from Japan, Australia, and Germany.

EUR/USD's Positive Trend

The Euro gained 0.3% against the dollar in the last session. The RSI is giving a positive signal.

 

 

USD/JPY's Market Indecision

The Dollar-Yen pair traded sideways in the last session. The ROC is giving a negative signal.

 

 

Gold's Strong Uptrend Against USD

The gold-dollar pair exploded 1.1% in the last session. According to the CCI, we are in an overbought market.

 

 

Alibaba's Stock Rise

Alibaba stock gained 1.8% in the last session. The CCI is giving a positive signal.

 

 

Global Financial Headlines

Yen hits a 38-year low against the US dollar; S&P 500 and NASDAQ reach record highs, fueled by data suggesting a potential slowdown in the economy, bolstering hopes for an upcoming Fed rate cut.

 

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Monetary Base - 2350 GMT

• Japan's JP Foreign Reserves - 2350 GMT

• Australia's Trade Balance - 0130 GMT

• Germany's Factory Orders - 0600 GMT

• Japan's Overall Household Spending - 2330 GMT

• Australia's Imports - 0130 GMT

Moneta Markets
Type: STP, ECN
Regulation: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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The pound fears the Bank of England

The pound fears the Bank of England

• The dollar risks weakening due to the stock market. • The Supreme Court calls tariffs taxes. • The pound fears a reduction in the repo rate. • Wage data does not help the yen.
FxPro | 1h 43min ago
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | 1 day ago
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | 1 day ago
ATFX Market Outlook 5th November 2025

ATFX Market Outlook 5th November 2025

U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX | 1 day ago
The euro holds on by a thread

The euro holds on by a thread

• The US is poised for a record shutdown. • Weak PMI data halted the dollar. • Rumours of intervention strengthened the yen. • Slowing inflation weakened the franc.
FxPro | 2 days ago
ATFX Market Outlook 4th November 2025

ATFX Market Outlook 4th November 2025

Gold prices steadied, hovering around the key $ 4,000-per-ounce mark amid a lack of clear direction. Traders are awaiting U.S. private-sector employment data later this week for further cues. Oil prices steadied as markets balanced OPEC+’s latest production increases against reports that the group may pause additional output hikes in the first quarter of 2026.
ATFX | 2 days ago
USDPJY, AUDUSD, GBPUSD

USDPJY, AUDUSD, GBPUSD

Fed speakers and ADP data in focus; USDJPY near 8-month high; RBA to hold rates at 3.60%; AUDUSD under pressure; BoE likely to stand pat; GBPUSD weak, eyes 6½ -month low
XM Group | 3 days ago