Euro may test 1.1580, with downward bias; sustained drop unlikely unless resistance at 1.1660 is broken.
Hungary’s central bank maintains high interest rates to stabilize the forint and curb inflation through 2026.
Silver dipped to $48.41 per ounce; prices still up 67.55% year-to-date amid strong industrial demand.
Hungary holds rates at 6.50%, signals hawkish outlook, aiming for FX stability and controlled inflation.
U.S. inflation data resumes post-shutdown, aiding Social Security planning and informing modest Federal Reserve decisions.
Dollar strengthens amid reduced credit fears; gold correction aids. Future rally hinges on Fed and CPI outlook.
Dow futures steady, Netflix drops, Intuitive Surgical surges; markets eye Tesla earnings, Fed rate cut outlook.
September inflation exceeded forecasts, delaying rate cut expectations and boosting the Canadian dollar’s short-term outlook.
USD/CHF holds above 0.7980 as easing trade tensions and deflation pressure weigh on Swiss Franc.
Spot gold drops 5.3% amid profit-taking and trade optimism; silver, platinum, palladium also decline sharply.
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