▶️ Pro News Weekly: The Dollar Dominates, Gold Retreats & Bitcoin Struggles

Welcome to Pro News Weekly, your roundup of the latest market movers! 💹

This week, the US dollar climbs higher after the Fed’s latest rate cut, while stock indices remain unstoppable, fuelled by strong corporate earnings and NVIDIA surpassing $5 trillion in market cap. 🏦💻

Meanwhile, gold loses its shine as consolidation begins, and Bitcoin faces pressure despite its dominance over altcoins. With central banks around the world preparing key policy decisions, volatility could be just around the corner.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Verbal interventions do not help yen

The ECB may lower rates in the future.

The truce between the US and China is fragile.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Gold: correction is not over yet

The strengthening of the US dollar and higher Treasury yields have pushed the gold price back below $ 4,000. Yellow metal is gradually losing its wild cards. It managed to reach a record high thanks to devaluation trading, expectations of aggressive monetary expansion by the Fed, Donald Trump's threats of 100% tariffs against China, geopolitics, pessimistic forecasts for the global economy, and active purchases of bullion by central banks.

However, the White House is no longer attacking the Fed as aggressively as before. The US and China have found common ground. The Middle East conflict has been resolved, and the global economy is proving resilient in the face of tariffs. The Fed is cautious about lowering rates, and central bank activity in the bullion market is declining.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Ethereum Wave Analysis – 31 October 2025

- Ethereum reversed from support level 3800.00

- Likely to rise to resistance level 4200.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

Zcash Wave Analysis – 31 October 2025

- Zcash rising inside impulse wave 3

- Likely to test resistance level 400.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🗓 Economic Calendar at 2025/11/02 (GMT)

07:00 🇺🇸 Daylight Saving Time Shift

07:00 🇨🇦 Daylight Saving Time Shift


[Updated in real time]

🗓 Economic Calendar at 2025/11/03 (GMT)

01:45 🇨🇳 Markit Manufacturing PMI — Exp: 50.7 Actual: 50.6

07:30 🇨🇭 Consumer Price Index — Exp: -0.1% | 0.3% Actual: -0.3% | 0.1%

08:50 🇫🇷 Manufacturing PMI — Exp: 48.3 Actual: 48.8

08:55 🇩🇪 Manufacturing PMI — Exp: 49.6 Actual: 49.6

09:00 🇪🇺 Manufacturing PMI — Exp: 50.0 Actual: 50.0

09:30 🇬🇧 Manufacturing PMI — Exp: 49.6 Actual: 49.7

14:30 🇨🇦 S&P Global Manufacturing PMI Actual: 49.6

14:45 🇺🇸 Manufacturing PMI — Exp: 52.2 Actual: 52.5

15:00 🇺🇸 ⚡️ ISM Manufacturing PMI — Exp: 49.4 Actual: 48.7

18:30 🇨🇦 ⚡️ BOC Governor Tiff Macklem Speaks


[Updated in real time]

The crypto market is attempting to break through its local bottom

The crypto market cap has fallen by 7.7% over the last seven days to $3.6 trillion. The market's return to Thursday's local lows indicates that the bulls lack significant strength, which may encourage the bears at the start of the week. Cap has now fallen back to its 200-day moving average. Its last touch at the end of June triggered a growth impulse, pushing it to new highs. However, we are now more inclined to see a repeat of the spring scenario with a decline below this level, possibly by 15-20%.

Bitcoin started the week and month with another attempt to dip below the 200-day moving average, falling back to $107K. The ongoing testing of support since the second half of October is a significant reason for our caution regarding the market in the near term. The most pessimistic scenario would be realised in the event of simultaneous pressure on the stock markets and a strengthening of the dollar. But optimists may also note the sequence of higher lows at the peaks of the sell-off.

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

The dollar is regaining authority

Market fears did not materialise

The shutdown helps the US dollar

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

🇺🇸 US pre-market: Mostly positive 📈

In the Electronic Technology sector, NVIDIA (NVDA) shares are up +2.17%, and AVGO (AVGO) shares are up +1.21%.

In the finance sector, Berkshire Hathaway (BRK.B) shares are up +0.94%, while Bank of America (BAC) shares are down -0.02%.

In the Technology sector, Microsoft (MSFT) shares are up +0.64%, while Palantir Technologies (PLTR) shares are up +2.47%.

Strong growth among large-cap companies is supporting the inflow of funds into the market and helping to stabilise the dollar by increasing investor interest in US assets.

⚠️ USA — ISM Manufacturing PMI at 03:00 GMT

✔️ Prev: 49.1

🕒 Exp: 49.4

🎯 Fact.: 48.7 📉

▶️ GBPUSD. Current situation #tradelikeapro #gbpusdanalysis #GBPUSD #trading #currency #currencytrading

Today is Monday, the 3rd of November.

And we'll talk about the British pound market where a large downward correction is developing and therefore the forecast is for a decline.

#tradelikeapro #gbpusdanalysis #GBPUSD #trading #currency #currencytrading

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Canada — BOC Governor Tiff Macklem Speaks at 18:30 GMT

🗓 Economic Calendar at 2025/11/04 (GMT)

03:30 🇦🇺 ⚡️ RBA Interest Rate Decision — Exp: 3.60% Actual: 3.60%

03:30 🇦🇺 ⚡️ RBA Rate Statement

03:30 🇦🇺 ⚡️ RBA Monetary Policy Statement

04:30 🇦🇺 ⚡️ RBA Media Conference

07:40 🇪🇺 ECB President Christine Lagarde Speaks

10:00 🇪🇺 ECB President Christine Lagarde Speaks

21:45 🇳🇿 ⚡️ Employment Change — Exp: 0.1%

21:45 🇳🇿 ⚡️ Unemployment Rate — Exp: 5.3%


[Updated in real time]

Microsoft Wave Analysis – 3 November 2025

- Microsoft reversed from resistance zone

- Likely to fall to support level 508.00

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

EURGBP Wave Analysis – 3 November 2025

- EURGBP reversed from resistance zone

- Likely to fall to support level 0.8750

——————
FxPro. Trade Like a Pro. | Subscribe | Boost

⚠️ Australia — RBA Interest Rate Decision at 03:00 GMT

✔️ Prev: 3.60%

🕒 Exp: 3.60%

🎯 Fact.: 3.60%

———