South Korea’s service sector grew by 1.8% in September, bouncing back from a previous decline of -0.7%. This increase indicates a recovery in an important area of South Korea’s economy. In financial markets, various instruments are fluctuating. The EUR/USD pair is attracting interest from buyers looking for dips, while GBP/USD is near its lowest point in six months. Gold remains stable above $4,000, showing consistency in commodity prices.

Bitcoin’s 17th Anniversary

Bitcoin is celebrating the 17th anniversary of its whitepaper this period. This milestone illustrates continued interest and activity in the cryptocurrency market. For further details on these economic signals and currency changes, visit the FXStreet website. Readers can subscribe to the FXStreet newsletter for regular financial updates. The strong data from South Korea’s service sector is a positive sign for the Korean Won. This comeback follows the Bank of Korea’s recent meeting, where they noted inflation nearing the 2.5% target, easing concerns about future rate hikes. We recommend considering call options on the KRW or related Korean equity ETFs, as this economic strength could attract foreign investments.

UK Economic Outlook

The British Pound, which is testing six-month lows against the dollar, faces a weak outlook. Recent data for Q3 2025 showed UK GDP growth at just 0.2%, raising concerns about stagflation as inflation persists. We see a potential opportunity in buying put options on GBP/USD, anticipating a possible drop below key support levels in the coming weeks. With buyers entering the EUR/USD market, we may be seeing a temporary support level. However, recent US non-farm payrolls for September 2025 exceeded expectations at 225,000, suggesting the Federal Reserve’s hawkish approach will likely keep the dollar strong. This indicates that range-bound strategies, like selling iron condors on EUR/USD, could be effective. Gold’s stability above $4,000 an ounce is noteworthy, supported by steady central bank purchases throughout 2025. Reports from the World Gold Council reveal central banks have been net buyers for 15 straight months, creating strong demand. Selling out-of-the-money puts on gold futures could be a way to earn premium while betting that this solid support level will hold. As Bitcoin celebrates the 17th anniversary of its whitepaper, we are aware of historical trends following its halving events, like the one in 2024. The years after previous halvings, such as in 2017 and 2021, experienced significant price increases. With implied volatility on Bitcoin options currently at multi-month lows, using long-dated call options may be a smart way to prepare for potential gains leading into 2026. Create your live VT Markets account and start trading now.

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