CFD'ler yüksek ölçüde spekülatif, kaldıraçlı araçlardır. CFD işlemleri sermayeniz açısından yüksek risk taşır. Yatırımcılar, işlem yapmadan önce yeterli piyasa bilgisine sahip olduklarından emin olmalı veya bağımsız finansal danışmanlık almalıdır.
The Eurozone’s preliminary composite PMI fell to 51.9 in October from 53.1 in September, missing expectations of 52.7 as services and manufacturing activity slowed. Rising energy costs and concerns over France’s fiscal outlook added pressure on the Euro. Meanwhile, the UK composite PMI rose to 53.1, supporting Sterling and contributing to EUR/GBP reaching an 18-month low.
Gold falls below $4,000 per ounce for the first time since July as elevated US Treasury yields, a firm Dollar and expectations of further Fed tightening weigh on prices. Equity market sell-offs have also triggered bullion selling, while central bank demand and ETF inflows continue to support gold's longer-term outlook. Markets now focus on the Fed's October 28 decision for clues on the metal's next move.
The Swiss National Bank maintains its policy rate at 0% and says a higher willingness to intervene in foreign exchange markets is no longer necessary. The Swiss Franc depreciated around 3% on a trade-weighted basis between June and September, easing overall monetary conditions. With headline inflation at 0.8% and the 2026 GDP growth forecast upgraded to 1.5%–2.0%, the SNB expects price stability to remain intact over its forecast horizon.
EUR/USD trades just below 1.1250 as French 10-year government bond yields exceed 5% for the first time since 2002, adding pressure on the Euro ahead of Moody’s credit rating review. Markets are monitoring Eurozone and US PMI data, ECB and Fed rate expectations, and key technical levels, with resistance at 1.1250 and support at 1.1200, 1.1150 and 1.1100.
UK inflation accelerated to 3.5% in September, exceeding the 3.4% forecast. Core CPI rose to 2.8%, while services inflation increased to 3.7%, reinforcing expectations that the Bank of England may maintain a restrictive policy stance. Markets are monitoring persistent inflation pressures and the outlook for further rate tightening.
The US Dollar Index trades near 101.80 after retreating from an intraday high of 102.01, as concerns over the AI investment cycle weigh on the Dollar. Markets are monitoring French 10-year bond yields near 4.85%, Fed rate expectations and technical support at 101.65, with the RSI at 57 indicating that bullish momentum remains above neutral.
GBP/USD climbs to a fresh monthly high near 1.3325 after recovering from its 1.3135 year-to-date low. Weaker US Treasury yields, expectations for the Fed to hold rates and stronger UK GDP data support the pair. Traders are monitoring resistance at 1.3343, 1.3406 and 1.3468, with initial support near 1.3265.
The US Dollar Index slips to 101.82 as Fed Chair Kevin Warsh leaves the October and December policy decisions open. Markets will monitor inflation, employment, economic output and further Fed communication for clues on the US Dollar’s near-term direction.
USD/JPY remains under pressure from potential Japanese intervention near 160.00 as traders assess US PPI, Fed rate expectations and the outlook for a December BoJ hike. Key technical levels include support at 157.57 and resistance at 158.28 and 158.91.
EUR/USD trades near 1.1215 after US September inflation exceeds core CPI forecasts, raising the probability of an October Fed rate hike. Markets now assess US PPI, Retail Sales and French fiscal risks, with resistance at 1.1295 and support near 1.1090.
The US Dollar Index trades near 102.15 as Fed President John Williams maintains that one more rate hike may be appropriate this year. Markets await US CPI data, with resistance at 102.95 and support near 101.50 and 100.40 shaping the near-term outlook.
Markets await September US CPI, with headline inflation forecast to rise to 3.6% annually while core inflation is expected at 2.5%. Retail Sales, PPI, jobless claims and Fed commentary will also shape expectations for interest rates and the US Dollar.
