Euro struggles as France’s budget dispute unsettles investors, outweighing stronger manufacturing and persistent inflation pressures. Pound lacks momentum as weaker manufacturing readings and uncertainty over Bank of England policy cloud its outlook. Yen remains under pressure as dollar demand dominates, while Japan’s policy shift keeps intervention risks close. Bitcoin is steady within a tight range as softer inflation improves policy hopes, but high yields remain a burden. Gold retreats as […]

October begins with a strong US dollar still supported by elevated Treasury yields, while softer US inflation has reduced some immediate Fed-tightening pressure. That creates a more mixed environment for currencies and metals: EUR and GBP remain under pressure, USD/JPY faces growing policy resistance near elevated levels, Bitcoin is rebuilding above its recent lows, and gold is attempting to stabilize after its sharp September correction.