Todays Financial Digest:
Global markets traded cautiously on Thursday as investors weighed the economic fallout of the ongoing U.S. government shutdownthe longest in historyagainst signs of stabilization in Asia. The U.S. Dollar Index hovered near 100.00 while gold and silver eased modestly following a rebound in private payrolls. Meanwhile, speculation over potential Bank of Japan policy shifts and Chinas latest yuan fixings kept cross-asset volatility elevated.
Gold (XAU/USD) slipped below $4,000 as stronger payrolls trimmed safe-haven demand; support $3,960$3,920, resistance $4,030$4,080.
Silver (XAG/USD) softened near $49.00 amid profit-taking; support $48.40$47.80, resistance $49.35$50.20.
US Dollar Index (DXY) held near 100.00 as shutdown uncertainty limits upside momentum; support 99.3098.80, resistance 100.40101.00.
USD/CNY hovered around 7.09 after the PBoC fixed a firmer yuan midpoint; support 7.07007.0500, resistance 7.10007.1150.
USD/JPY steadied near 154.00 as markets assess BoJ policy signals; support 153.20152.50, resistance 154.50155.20.
Key Economic Events (GMT):
U.S. CPI (MoM) Oct 16, 12:30 GMT
PBoC Midpoint Fix Oct 17, 01:15 GMT
BoJ Governor Ueda Speech Oct 17, 04:00 GMT
U.S. Weekly Jobless Claims Oct 17, 12:30 GMT
Fed Chair Powell Remarks Oct 18, 15:00 GMT
Market sentiment remains cautious yet data-dependent as traders weigh U.S. fiscal gridlock against shifting Asian policy dynamics. With inflation readings and central bank guidance in focus, volatility is expected to stay elevated heading into the weekend.
For full charts, video analysis, and intraday updates, visit: Dollar Slips, Gold Softens as Shutdown Drags On | 6th November 2025 | Moneta Markets
Global markets traded cautiously on Thursday as investors weighed the economic fallout of the ongoing U.S. government shutdownthe longest in historyagainst signs of stabilization in Asia. The U.S. Dollar Index hovered near 100.00 while gold and silver eased modestly following a rebound in private payrolls. Meanwhile, speculation over potential Bank of Japan policy shifts and Chinas latest yuan fixings kept cross-asset volatility elevated.
Gold (XAU/USD) slipped below $4,000 as stronger payrolls trimmed safe-haven demand; support $3,960$3,920, resistance $4,030$4,080.
Silver (XAG/USD) softened near $49.00 amid profit-taking; support $48.40$47.80, resistance $49.35$50.20.
US Dollar Index (DXY) held near 100.00 as shutdown uncertainty limits upside momentum; support 99.3098.80, resistance 100.40101.00.
USD/CNY hovered around 7.09 after the PBoC fixed a firmer yuan midpoint; support 7.07007.0500, resistance 7.10007.1150.
USD/JPY steadied near 154.00 as markets assess BoJ policy signals; support 153.20152.50, resistance 154.50155.20.
Key Economic Events (GMT):
U.S. CPI (MoM) Oct 16, 12:30 GMT
PBoC Midpoint Fix Oct 17, 01:15 GMT
BoJ Governor Ueda Speech Oct 17, 04:00 GMT
U.S. Weekly Jobless Claims Oct 17, 12:30 GMT
Fed Chair Powell Remarks Oct 18, 15:00 GMT
Market sentiment remains cautious yet data-dependent as traders weigh U.S. fiscal gridlock against shifting Asian policy dynamics. With inflation readings and central bank guidance in focus, volatility is expected to stay elevated heading into the weekend.
For full charts, video analysis, and intraday updates, visit: Dollar Slips, Gold Softens as Shutdown Drags On | 6th November 2025 | Moneta Markets