Markets played it cautious this week. US equities pulled back from recent highs, Europe held up, and the US dollar stayed strong, weighing on EURUSD and GBPUSD. Commodities were mixed—gold gave back some gains, energy stayed in range—and volatility stayed elevated around key technical levels.
Economic data kept traders on their toes: German CPI was flat, US ISM Manufacturing contracted, Services PMI expanded, and ADP and JOLTS came in soft. All eyes now on NFP, jobless claims, and consumer sentiment to set the next moves.
It is important to remember to assess your financial situation and risk tolerance, before engaging in copy trading. Past performance and forecast are not reliable indicators of future results.
Dynamic Moves Across Assets
Markets were active this week, with economic updates driving swings across equities, FX, commodities, and crypto. Early price action set the tone, and several assets made decisive short-term moves rather than consolidating. Bitcoin hovered near $90,000 amid heightened volatility, keeping traders on alert.
*Trading involves significant risk of loss.
US Slides, Europe Holds Up
Equities were mixed: US indices pulled back, with the S&P 500 testing 7,000 and the NASDAQ near 25,820. Europe outperformed, as the FTSE 100 hit a new all-time high above 10,150 and the DAX climbed past 25,200, showing regional resilience.
*Trading involves significant risk of loss.
Precious Metals Pull Back
Gold gained early but eased back from $4,500, while silver fell from highs above $82 to trade near 78. Energy markets were steady, with WTI around $56 and Brent testing $60, keeping prices within familiar ranges.
*Trading involves significant risk of loss.
Dollar Keeps Pressure on Majors
The US dollar stayed strong, pushing EURUSD below 1.17 and GBPUSD under 1.35. USDJPY traded sideways between 155–157, as major pairs held near key levels and overall FX moves remained controlled.
*Trading involves significant risk of loss.
