NEWS | 10/01/2025 23:00:34 GMT
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By FXStreet Team
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Editors’ Picks
GBP/USD holds gains near 1.3500 amid BoE cautious stance
GBP/USD extends its gains for the fifth consecutive day, trading around 1.3480 during the Asian hours on Thursday. The pair may further appreciate as the Pound Sterling receives support from the cautious remarks from theBank of England(BoE) officials.
Gold buyers take breather before the next run to $4,000
Gold holds the previous retracement from record highs of $3,895 early Thursday while the US Dollar struggles with its overnight rebound amid US government shutdown concerns. Technically, Gold remains a ‘buy-the-dips’ trade, with the four-hourly RSI within the bullish zone.
Litecoin price rally extends with bulls eyeing $130
Litecoin price continues to climb, trading above $118 on Thursday, extending gains of over 10% so far this week. The bullish momentum is further supported by rising Open Interest and trading volume in the LTC token.On the technical analysis, itsuggests an upward leg targeting levels above $130.
Don’t worry at all about higher Eurozone inflation
The pickup in inflation to 2.2% in September was mainly due to energy effects, which will fade in the months ahead. A small undershooting of the inflation target actually seems realistic around the turn of the year. Expect the ECB to hold rates steady for now.
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