With the US election done and dusted, the focus shifts back to key data from across the globe. Our attention falls on FXTM’s USDInd which could be rattled by key US data and Fed speeches including Jerome Powell.

This week, Bitcoin nearly touched $70,000 before tumbling on cooling Fed rate cut bets. Despite the selloff, prices are still up roughly 4% month-to-date – trading comfortably above the 200-day SMA.

Risk aversion engulfed global markets yesterday (Tuesday, 1st October) as tensions flared up in the Middle East. Iran launched a barrage of ballistic missiles at Israel, sparking fears of a wider conflict in the region.

Silver has jumped to its highest level since 2012, outperforming gold on a week, month, and year-to-date basis! The white metal could be injected with fresh volatility thanks to the incoming US jobs report in the week ahead.