Gold Holds Steady Near Record Highs—What’s Next For Prices?
is trading near all-time highs as market expectations for another rate cut next month fell to 85%. Could today’s inflation report shake things up? Explore the details in our breakdown.
- Events. Gold prices hovered around $3,740 per ounce on Friday, close to record levels. Meanwhile, the U.S. economy grew faster than expected in Q2, thanks to strong consumer and business spending—this has lowered the chances of a next month.
- Background. Even though expectations for an interest rate cut cooled down, gold’s safe-haven appeal remains solid. At the same time, Trump’s latest tariff threats—including a 100% duty on imported branded drugs—added a layer of geopolitical uncertainty, further boosting the demand for gold.
- Possible outcome. All eyes are now on today’s U.S. data. If inflation gets hotter than expected, it could strengthen the and lower gold prices.
Watch the report closely. A cooler reading might support a rate cut and push gold higher.
Euro Faces Pressure As Dollar Strengthens. What Is Next for EURUSD?
The is down nearly 1% this week, hitting a two-week low. Traders await today’s U.S. inflation data for clues on the Federal Reserve’s (Fed) next move. Learn how it might impact the market in our breakdown.
- Events. The euro slipped below $1.1700 on Friday, continuing its decline after two days of losses. On the other hand, the dollar strengthened as surprisingly positive U.S. economic data dampened expectations of future interest rate cuts by the Fed.
- Background. The U.S. labour market showed resilience with jobless claims falling unexpectedly, while growth for Q2 was revised up to 3.8%. This means the U.S. economy is expanding at the fastest pace in nearly two years.
- Possible outcome. While markets expect a 0.25% interest rate cut in October, bets on total easing decreased. This strengthened the dollar, which puts pressure on the euro.
Keep an eye on the inflation report. If it shows a strong US economy, the dollar could continue outperforming the euro, pushing EUR/USD lower. However, if inflation falls short of expectations, it could give the euro a chance to recover.
Bitcoin Falls Below $110,000. What’s Driving The Fall?
fell sharply this week following a rate cut by the U.S. Federal Reserve (Fed). With the Fed’s future policy still uncertain, what does this mean for cryptocurrency prices? Find out in our analysis.
- Events. Bitcoin dropped to $109,000 this week, falling from its local high. The decline quickened after margin trading liquidations—or forced sales of assets—led to a cascading selloff.
- Background. The markets are uncertain about the Fed’s next move. Investors want to see if the Fed will cut rates again in October or December, but the central bank’s signals remain cautious. The recent appointment of Stephen Miran, a Trump ally, to the Fed’s board added to the risks, raising concerns about the central bank’s independence.
- Possible outcome. If the Fed continues with careful easing, it could support cryptocurrencies. However, uncertainty around monetary policy may keep investors cautious, limiting price action in the short term.
Stay alert in the current market environment. The Fed’s next steps will determine the direction of both traditional and crypto markets. Look for signs of stability or further volatility in the coming weeks before making significant trades.