











Show:

Silver Price Forecast: XAG/USD dives below $50.00 as the Dollar rallies
Silver (XAG/USD) is finally correcting lower. Market expectations that the US and China will de-escalate trade tensions are boosting the US Dollar's recovery and hurting precious metals.

USD is firmer but range-bound as global yields ease - BBH
The US Dollar (USD) is modestly stronger against most major currencies but remains comfortably within the range established since June, as narrowing U.S.-G6 rate differentials curb the potential for further rallies.

USD/JPY holds above 150 for now - ING
The Japanese Yen (JPY) remains under pressure this week as investors unwind safe-haven positions amid easing U.S. market concerns.

Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

HUF: Rate hold to continue - ING
Hungary's National Bank (MNB) will almost certainly leave its base rate unchanged at 6.50% today, leaving the overnight rate corridor unchanged as well. This decision aligns with the widely anticipated policy guidance for a prolonged hold.

USD: Credit concerns keep easing - ING
FX volatility has moderated at the start of this week, with US equities extending the rebound on eased credit market concerns, ING's FX analyst Francesco Pesole notes.

EUR/GBP steady ahead of UK inflation report, Eurozone stability concerns linger
EUR/GBP remains steady below 0.8700 on Tuesday as investors turn cautious ahead of the UK inflation report due on Wednesday.

USD: Concerns about an armed conflict are growing in Latin America - Commerzbank
On Sunday evening, one of the many conflicts currently involving the US President escalated with Colombia. A few weeks ago, the Colombian president's US visa was revoked.

GBP/USD: Above 1.3475, GBP could rise further to 1.3505 - UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3385 and 1.3435. In the longer run, if GBP breaks clearly above 1.3475, it could rise further to 1.3505, potentially testing 1.3530, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR: Eyes back on 1.160 - ING
EUR/USD remains almost entirely driven by US credit/equity sentiment: here, further stabilisation could take EUR/USD all the way to 1.160. Levels below that will be harder to justify unless the US CPI on Friday comes in hotter than expected, ING's FX analyst Francesco Pesole notes.

AUD/JPY rises toward 98.50 after announcement of Japan's new cabinet ministers
AUD/JPY recovers its daily losses and continues its winning streak for the third successive session, trading around 98.30 during the European hours on Tuesday. The currency cross gains ground as the Japanese Yen (JPY) remains subdued after Sanae Takaichi became Japan's Prime Minister.

GBP/JPY eases to 202.30 as Japan's PM announces her cabinet
The British Pound keeps a mild positive tone against the Yen on Tuesday, but has retreated from session highs at 202.80 to levels around 202.30 at the time of writing, which leaves the pair wavering without a clear direction, within the last week's trading range.

USD/INR Price Forecast: 50-day EMA continues to provide support to Indian Rupee
The USD/INR pair ended Monday's session with almost 0.1% losses to near 88.00. On Tuesday, Indian markets are closed due to Diwali Laxmi Pujan and will also remain closed on Wednesday on account of Balipratipada.

EUR/USD: Likely to edge lower within a range of 1.1580/1.1690 - UOB Group
Softer underlying tone suggests Euro (EUR) is likely to edge lower within a range of 1.1625/1.1660. In the longer run, the current price movements are likely part of a 1.1580/1.1690 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

JPY: Different, different but same - Commerzbank
After a brief period of uncertainty, Sanae Takaichi was elected as Japan's first female prime minister early this morning. After she was elected chair of the LDP in early October, this seemed to be a foregone conclusion.

CAD: Inflation figures shouldn't change the picture - ING
Canada releases inflation figures for September today. Headline CPI should have rebounded above 2.0%, but that won't matter too much for the Bank of Canada as long as core measures (trim and median) remain anchored around 3.0%.

Japan's Katayama aims to revitalize regions through finance
Newly appointed Japan's Finance Minister (FM) Satsuki Katayama refuses to comment when asked about whether the Bank of Japan (BoJ) will hike interest rates further.

China: On track for 5% GDP growth in 2025 despite 3Q slowdown - UOB Group
China's 3Q25 GDP growth came in within market's expectation at 4.8% y/y but the increased growth disparities highlight the risk of a sharper slowdown ahead as industrial production and exports cool.

NZD/USD slips toward 0.5700 despite uncertainty surrounding US economic outlook
NZD/USD offers gains registered in the previous two successive sessions, trading around 0.5720 during the Asian hours on Tuesday.

US Dollar Index (DXY) extends gains to 98.85 as market mood improves
The US Dollar strengthened across the board for the third consecutive day on Tuesday. The pair is trading near 98.75 at the early European session, at a short distance from the 98.85 intraday highs, and well above the 98.00 lows hit last Friday.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy