Italy’s 10-year bond auction showed yields at 3.44%, a small decrease from 3.46%. This slight change reflects ongoing market trends influenced by various economic factors. In foreign exchange, the pound sterling is stable at 1.3230, as the UK examines its budget. Silver prices are steady after a rebound in the USD, while the USD/JPY continues to rise, though some signs of weakening are emerging.

Ethereum Reclaims Support

Ethereum has regained support above $3,000, despite displaying Death Cross patterns in daily charts. Bitcoin has surged past $91,000 as short-term indicators reflect a decrease in bearish pressure. UK and European stock indices saw minor declines, largely due to reduced activity from the US markets being closed for Thanksgiving. Meanwhile, the cryptocurrency Ripple is encountering resistance, stabilizing around $2.19. FXStreet advises potential investors to be aware of the risks and uncertainties in market transactions. The content provided is informational and does not constitute financial advice. It recommends thorough personal research before making investment choices. Today, November 27, 2025, the market is quiet due to the US Thanksgiving holiday, but the insights given point to upcoming trends. The drop in the Italian bond auction yield to 3.44% indicates growing confidence in Eurozone debt. Italy’s debt-to-GDP ratio is stabilizing around 140% this year. This stability, along with supportive minutes from the European Central Bank, suggests a solid foundation for the Euro. Therefore, selling out-of-the-money EUR puts may be a compelling strategy.

Central Bank Policy Divergence

The key factor remains the difference in central bank policies, notably between the US and the UK. The US Core PCE inflation rate, which the Fed uses as a measure, has fallen to 2.8% in recent readings, leading the market to anticipate rate cuts in 2026. This expectation may cap the US dollar, which should be considered for long positions on dollar-denominated assets. Conversely, the Bank of England is facing challenges, as officials remain concerned about inflation becoming ingrained. Although UK wage growth has eased from its 2024 highs, it still hovers above 6%, validating the hawkish stance. This policy clash is causing volatility in GBP/USD, suggesting that options strategies like straddles or strangles might be effective for trading expected fluctuations once London and New York are both fully operational. This situation is also impacting commodities and other currencies. Silver demand is rising due to expectations of Fed rate cuts, highlighting how sensitive assets are to future US policies. Next week, we should monitor the US dollar for a clear trend; a significant drop could spark rallies in precious metals and affect pairs like USD/JPY, which is already showing signs of bullish exhaustion. Create your live VT Markets account and start trading now.

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