News & analysis

Gold and silver prices are testing their 2026 lows as U.S. 10-year Treasury yields pull back more than 8% from highs last seen in 2002.

Aussie and Kiwi have gone remarkably quiet ahead of Australian inflation data and RBNZ decision. With substantial tightening priced and both events capable of generating major FX swings, Wednesday could deliver a volatility eruption in the antipodes.

One of the most relevant events for emerging markets in recent sessions has been the outcome of Brazil’s presidential election. Following Lula da Silva’s victory in the second round, investor sentiment began to deteriorate noticeably. This can be observed in both the iShares MSCI Brazil ETF and the VanEck Brazil Small-Cap ETF, two important benchmarks for tracking the Brazilian equity market, both of which have posted declines of more than 15% at the start of the week.

The AI investment boom rolls on, with Anthropic and Meta helping revive enthusiasm across Wall Street. USD/JPY has responded with a bullish reversal pattern, putting its former trading range back in focus ahead of major central bank decisions and technology earnings.

USD/CAD was in a strong bullish trend through the October open, but that has since turned into a decisive sell-off. The 1.4000 level is now in play and that begs the question as to whether bulls can force a turn.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities, and equity indices charts this week.

A new trading week is underway and the euro continues to show signs of weakness in the short term. This can be seen in the recent performance of EUR/USD, which has fallen nearly 0.5% over the last three trading sessions, reflecting a relatively consistent loss of momentum in the European currency.

U.S. stocks opened higher after last week's sell-off, which pushed the S&P 500 and the Nasdaq into their second straight weekly decline. Anthropic filed for its IPO, helping sentiment towards tech.

Chancellor John Healey will deliver his first UK budget, also the first under Prime Minister Andy Burnham, on Wednesday, October 28, usually around 12:30 GMT.

Crude Oil Weekly Outlook: Brent–WTI spread tests long-term resistance as monthly RSI reaches overbought territory and key elections approach. Brent and WTI levels and risks ahead.

USD/CAD has delivered a bullish reversal signal from established support, just as traders prepare for Fed and BoC decisions. Aggressive Canadian rate hike expectations and conflicting momentum signals make the coming session important.

The current backdrop is modestly bearish. On Friday, the EUR/USD closed modestly lower, down for the third consecutive day. The pair also posted a weekly decline after staging a modest recovery attempt in the previous week. Out of the past 8 weeks, the EUR/USD has fallen on 6 occasions. There is not much supporting factors for the single currency right now. So, the upside remains capped.