Germany’s industrial production increased by 1.8% in October, surprising analysts who expected a 0.4% decline. This growth boosts optimism for the Eurozone economy. The EUR/USD pair gained slightly, surpassing 1.1650, driven by expectations of a rate cut from the US Federal Reserve. Upcoming data on Eurozone Sentix Investor Confidence is a key focus for market watchers. The GBP/USD pair is trading above 1.3300 as the market awaits the Fed’s upcoming decision. Gold prices are steady, sitting above $4,200, as traders look for cues from the Fed that may influence the US Dollar. Cryptocurrencies like Bitcoin and Ethereum have seen slight rebounds, supported by strong retail demand. Silver has reached an all-time high, staying bullish even though gold and mining stocks experienced some ups and downs. The article also covers top brokers for 2025, designed for different trader needs, such as cost-effective options, high leverage, and Islamic accounts. Further sections give details about FXStreet, including its services and contact details, showcasing its commitment to providing rapid market updates. The surprising 1.8% increase in German industrial production for October indicates a possible shift for the Eurozone’s largest economy. This is the biggest month-over-month jump since the third quarter of 2024, providing a strong boost for the Euro. Traders may want to buy near-term call options on the EUR/USD to take advantage of this renewed optimism. Attention is now on the US Federal Reserve’s rate decision this Wednesday, contributing to a general weakness in the US Dollar. Current market forecasts suggest over a 90% chance of a 25-basis-point interest rate cut, following a US jobs report last week that showed wage growth slowing for two consecutive months, which has encouraged dollar bears. In this climate, GBP/USD remains steady above 1.3300, stabilizing near yearly highs. While the weak dollar supports this pair, traders should brace for increased volatility after the Fed’s announcement. Options strategies, such as a straddle, may offer a way to benefit from potential price swings without needing to guess the direction. Gold remains strong amid expectations of lower US interest rates, trading above $4,200 per ounce. With the latest US Core PCE inflation figures from November staying above 3%, the potential rate cut is pushing real yields down further. This situation supports keeping long positions in gold futures or related call spreads into early 2026. There is a noticeable difference in precious metals; silver has just reached a new all-time high while gold has not. This trend has driven the gold-to-silver ratio below 70 for the first time since mid-2023, highlighting silver’s strong performance. This disconnect may indicate silver could be overextended, prompting traders with long positions to consider buying protective puts.

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