Forex news

The European Central Bank is expected to leave rates unchanged at their meeting this week as the balance of risks remains in favour of moderate growth and inflation

A look into how gold, the Nasdaq 100 and GBPUSD are trading during a busy week of ok key earnings reports and central bank meetings.

Markets brace themselves for a busy week ahead with key focus on trade talks, the FOMC meeting and key earnings including MAG7 companies

The technical overview shifted to volatile before last Tuesday’s plunge putting breakout strategies in play, while in sentiment fresh longs remain exposed.

Consumer inflation remained unchanged at 3.8% in September despite forecasts of a rise, leading markets to price in higher odds of rate cuts from the BoE

Renewed tensions between China and the US weigh on market sentiment, with gold and silver receiving another boost

Traders react with cautious optimism to the news of a ceasefire between Hamas and Israel as the US government shutdown continues to cloud the outlook for rates

The Japanese Yen take a hard hit from the leadership change in Japan as markets expect higher fiscal spending and inflation

The technicals remain bullish with plenty of factors cited on the fundamental front, and traders both large and small remain very much in majority buy territory.

Japan's Liberal Democrat Party elects Sanae Takaichi as its new leader, opening the door for more fiscal stimulus.