Sales at large retailers in Japan rose to 5% in October, up from the previous 3%. This is a good sign for the retail sector and shows the economy is holding strong. In other market news, gold prices in India and Malaysia have increased, according to FXStreet data. The forecast for silver suggests a bearish trend with a resistance point near the $54.50 supply zone.

Currency Trends And Analysis

The USD/CAD pair has gained slightly, trading above 1.4000, thanks to falling crude oil prices. The Japanese Yen is struggling due to fiscal concerns, even with Tokyo’s CPI data supporting it. In the currency markets, EUR/USD remains stable around 1.1600 with low activity. GBP/USD is increasing close to 1.3250 as expectations grow for a Federal Reserve rate cut. Gold is trading near $4,200, driven by bets on a dovish Federal Reserve. Cryptocurrency assets like Pi Network, Sky, and Ether.fi are also showing steady gains due to market trends and partnerships. The Ripple price is still weak, despite regulatory approval, facing resistance that limits its upward movement. UK and European stock indices are moving slightly as markets react to the UK budget during the Thanksgiving holiday in the US.

Expectations For Federal Reserve Actions

As the market focuses on a potential Federal Reserve rate cut, the US Dollar is expected to remain weak. The US inflation rate dropped to 2.8% in October 2025, strengthening the belief that the Fed will ease its policy in December. Traders might consider put options on the US Dollar Index (DXY) to prepare for continued dollar weakness. The rise in Japanese retail sales to 5% signals growth in Japan’s domestic economy. However, the Yen is still struggling because the Bank of Japan maintains a more lenient monetary policy compared to others. This difference could make buying call options on pairs like EUR/JPY a good strategy, benefiting from a stable Euro against a weak Yen. Gold’s rise toward $4,200 an ounce is supported by the expectation of lower US interest rates, which reduces the cost of holding non-yielding gold. This rally is similar to the significant price movements seen throughout 2024, when dovish central bank policies pushed gold prices higher. We believe that buying call options on gold futures or related ETFs remains a strong strategy through the year’s end. With US markets closed for Thanksgiving, trading volumes are low, leading to potential volatility. The CBOE Volatility Index (VIX) has been relatively calm, hovering around the 15 level for much of November. This creates a chance to buy VIX call options as an affordable hedge against unexpected market movements in the closing weeks of 2025. Create your live VT Markets account and start trading now.

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