New Zealand’s Reserve Bank has kept inflation expectations stable at 2.28% for the fourth quarter. This steady rate shows how the economy feels in the region. In financial markets, the GBP/USD pair is around 1.3170. At the same time, the Australian Dollar is dropping against the US Dollar, influenced by hopes for an end to the US government shutdown.

USD/CHF Trends

The USD/CHF pair is slightly down, sitting around 0.8045, following discussions about a possible US-Swiss trade deal. In commodities, gold is trading close to $4,150, trying to hold above key resistance levels. Gold demand is linked to cautious market feelings, although there are hopes for a US reopening. Bitcoin Cash has risen by 1%, marking three days of gains in a row. This rise is due to more money flowing into futures. Cryptocurrencies like Bitcoin, Ethereum, and Ripple show continued recovery, suggesting possible further gains. Key momentum indicators show a fading bearish trend, which boosts market sentiment.

Market Insights

As of November 11, 2025, New Zealand’s stable inflation expectations are an important sign. The RBNZ’s quarterly survey maintains expectations at 2.28%, indicating that the central bank’s policies are effective and aggressive rate hikes are unlikely. Traders should consider selling NZD/USD straddles to take advantage of possibly lower currency volatility in the coming weeks. The US Dollar shows signs of weakness, with pairs like EUR/USD around 1.1550 and GBP/USD above 1.31. This continues the disinflationary trend that began in late 2023 when US CPI dropped to 3.2%, easing pressure on the Federal Reserve. This environment favors long positions in major currencies against the dollar, potentially using call options to reduce risk. The price of gold near $4,150 alerts us to market risks or long-term currency devaluation. Central banks increased their gold purchases to record levels during 2023 and 2024, helping to support this rally. Derivatives traders should consider holding protective put options on major equity indices to guard against potential systemic stress that drives safe-haven investments. The ongoing conversation about a possible AI market bubble also highlights the need for caution and specific derivative strategies. Remember, the Nasdaq surged 45% in 2023, and that momentum has lasted two years. Traders should look into buying puts on overvalued tech stocks or using put ratio spreads on the QQQ to protect against a potential correction in this sector. Create your live VT Markets account and start trading now.

here to set up a live account on VT Markets now