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The US dollar index weakened following slow US housing reinforced Oct Fed pause expectations. DXY fell below the support at 101.60 before recovering toward EMA24. The index signals potential consolidation. Returning above 101.80 may prompt a move toward the resistance at 102.00.
Improving UK labor data strengthened the pound on BoE rate hike expectations. GBPUSD tested the resistance at 1.3400 before retreating toward 1.3360. The price sustains upward momentum as bullish EMAs diverge. Closing above 1.3400 may prompt a run toward the resistance at 1.3420.
Global bond yields are surging across the US, Europe, the UK, and Japan, with the 10-year Treasury yield well past 5%.
Are we entering a new regime of high capital costs?
Macro analysis on fiscal debt, AI capex crowding-out, Fed rate hikes, and gold target scenarios: insights.exness.com/deep-div…
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Peter Plester, Head of B2B Sales at @EXNESS, explains why firms need to anticipate challenging market conditions and be prepared for volatility before it arrives.
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VOLATILITY ALERT 🚨Ether prices (ETHUSD) slip as hotter inflation keeps Fed rate-hike expectations.
Hotter-than-expected US inflation for September has put pressure on ETH, keeping another Fed rate hike on the table and leaving markets cautious.
Markets now see around a 16% chance of a hike this month, rising to over 90% by December. Investors pulling back from AI-linked trades have added indirect pressure, pushing ETH to its lowest level since August.
US spot ETH ETFs have recorded net outflows for three weeks in a row. BlackRock’s ETHA accounts for over 80% of the redemptions, according to Farside Investors.
With Ethereum’s Glamsterdam upgrade approaching, moves by large holders could add more pressure. Justin Sun has reportedly shifted most of his ETH holdings into US stocks.
Next up: US economic data could shape short-term sentiment and drive volatility, alongside the network upgrade.
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US30 stalls below the trendline ↔️
On the daily chart, US30 retested 51,600 and reached the descending trendline, where it’s now hovering just below. The index is trading near the EMAs, which are starting to flatten, a sign that the sideways move could continue.
If US30 breaks above the trendline, it may keep rising toward the immediate resistance at 52,800.
On the flip side, staying below the trendline could lead to a retest of the immediate support at 51,600.
Would you buy or sell?
The pound traded in a tight range ahead of UK employment data. GBPUSD retreated toward the support at 1.3300 after retesting 1.3340. The price stays between both EMAs, suggesting consolidation. Falling below 1.3300 may prompt a decline toward the support at 1.3280 and EMA120.
The euro traded steadily despite French unrest and renewed fiscal concerns. EURUSD approached 1.1235 before retreating below it. The price fluctuates around flattening EMAs, reinforcing sideways momentum. Closing below both EMAs may prompt a retreat toward the support at 1.1180.

















