Finance: News, Insights, Predictions

The USD/CHF exchange rate has risen to nearly 0.7950 as the Swiss Franc faces challenges stemming from economic concerns. SECO has kept its 2025 GDP growth forecast for Switzerland at a modest 1.3%, which is below average.

The EUR/USD pair continues to remain subdued, trading around 1.1660 during the Asian session on Monday, marking the second consecutive session of struggle for the currency pair amid France's credit rating downgrades.

Crude oil prices are experiencing bearish pressure as they approach yearly lows, driven by weakening growth and demand expectations from China and the European Union.

A significant long-range weather pattern is emerging as Halloween approaches in New York City, with initial indications suggesting that atmospheric conditions may be quite active.

The GBP/EUR exchange rate is forecasted to reach 1.15 in the coming week, with expectations that the UK's Consumer Price Index (CPI) will provide a boost to the pound.

The GBP/NZD exchange rate experienced fluctuations last week due to changing market sentiment and varied economic data from the UK and New Zealand. Investors are closely monitoring the upcoming trade data from New Zealand, which may influence future currency movements.

The upcoming week will feature a busy earnings calendar, while the macroeconomic calendar is expected to remain relatively quiet due to the ongoing US government shutdown.

The EUR/USD pair is showing positive movement, trading around 1.1670 in the early European session on Monday. The Euro is strengthening against the US Dollar, although budget uncertainty may limit further gains.

The Australian Dollar (AUD) strengthened against the US Dollar (USD) on Monday, marking its second consecutive day of gains amid the ongoing government shutdown in the United States.

Gold prices in Pakistan increased on October 20, with the price reaching 38,917.76 Pakistani Rupees (PKR) per gram, as reported by FXStreet.

Gold prices increased in the United Arab Emirates on October 20, as reported by FXStreet.

Gold prices in India increased on Monday, with the current rate reaching 12,044.49 Indian Rupees (INR) per gram, as reported by FXStreet.

Discount retailer B&M has lowered its financial guidance due to the discovery of around £7 million in unaccounted overseas freight costs.

The Producer Price Index (PPI) in Germany for September recorded a month-over-month decline of 0.1%, falling short of expectations which were set at 0.1%. In the aftermath of this news, the EUR/USD currency pair experienced some buying interest following a pullback from a two-week high, influenced by a slight weakening of the US Dollar driven by dovish expectations from the Federal Reserve.

West Texas Intermediate (WTI) crude oil prices declined on Monday during the early European trading session. WTI is currently priced at $56.82 per barrel, a decrease from Friday's closing price of $57.24.

Silver prices (XAG/USD) have risen by 0.7%, reaching approximately $52.30 in late Asian trading on Monday. The increase follows a significant correction, indicating a rebound for the metal.

The EUR/JPY currency pair is trading higher, approaching 175.65 in the early European session on Monday. The Japanese Yen is weakening against the Euro, contributing to this upward movement.

The GBP/USD pair begins the week on a steady note, maintaining its position above the 1.3400 level after experiencing significant price fluctuations on Friday.

The GBP/USD pair begins the week quietly after experiencing significant price fluctuations on Friday. It remains stable above the key level of 1.3400.

John Bollinger has identified W bottom patterns in Ethereum and Solana, indicating potential bullish trends. However, he notes that Bitcoin does not currently exhibit any signs of a bullish reversal.

Solana (SOL) is facing difficulties in maintaining crucial support levels, prompting traders to monitor the situation for indications of a potential deeper correction. An analyst has cautioned that SOL may be experiencing a bearish breakdown, particularly amid a slowdown in derivatives trading.