Yen Tumbles as Central Banks DisappointOctober 30, 2025 DOLLAR INDEX HITS AUGUST HIGHSThe dollar index rose 0.38% to 99.51 and reached 99.72 – the highest since August 1. The greenback strengthened across the board as both the BOJ and ECB disappointed those expecting more hawkish or dovish pivots respectively. EURUSD: LOWER BUT HOLDING ABOVE 1.1555The EURO traded lower this week, exceeding traders' expectations. However, price is holding above the 1.15550 level with the likelihood that price could make a retracement from this point. The euro remained down 0.27% at $1.1568 after reaching $1.1546 – its lowest since October 14. The European Central Bank kept rates unchanged at 2% for the third consecutive meeting and offered no hints about future moves, disappointing those expecting more dovish signals. GBPUSD: CRASHING TOWARD 1.3000The POUND traded below buyers' last hold at 1.32500, plunging all the way into 1.31200. The possibility of bearish continuation is likely as the trend shows no sign of pausing. All eyes rest on 1.3000. Sterling fell 0.31% to $1.3152, reaching its lowest level since April 14. It has weakened on rising expectations that the Bank of England will cut interest rates, though the British central bank is still seen as most likely to hold rates steady next week. GBPJPY: MIXED SENTIMENT EMERGESThe POUND-YEN tried to trade above the last high of 205.00, however price dropped all the way into the 200.500 territory before pulling back. There's no denying that the bias is not in bullish sentiment and possibly mixed now. The yen's dramatic weakening against the dollar – up 0.9% to 154.08, the highest since February 13 – has complicated this cross-pair dynamic. GOLD: CORRECTION TO $3,900 THEN RECOVERYGold traded in a correction move all through the week, falling well into the $3,900 level before finding balance above $4,000 once again. Traders are calling it a profit-taking move and expectations are still for a $5,000 hit. This healthy pullback doesn't change the fundamental bullish case as geopolitical tensions, central bank buying, and monetary policy uncertainty continue supporting the precious metal's unprecedented rally. BITCOIN: HUGE DROP TO $106KBitcoin took a huge drop after trading well into the $116K level. Taking that as a retracement level, price now rests at $106K with expectations that the sell move could continue possibly below $100K. The cryptocurrency fell 3.58% to $107,483, breaking key support levels. The psychological $100K barrier looms as a critical test of whether institutional demand can stem the decline or if deeper correction is needed. LOOKING AHEADCan the euro find support at 1.1555 and stage the expected retracement? Will sterling's plunge continue toward the psychologically significant 1.3000 level? The GBPJPY's shift from bullish to mixed sentiment suggests the yen may be finding some stability despite Thursday's weakness. Gold's correction to $3,900 and recovery above $4,000 reinforces that dip-buyers remain active. The $5,000 target stays in focus as long as geopolitical and monetary uncertainties persist. Bitcoin's drop to $106K represents a critical juncture. The $100K level looms large – breaking below would be psychologically damaging and could trigger cascading selling. Conversely, holding this zone could set up another leg higher once risk appetite returns. With central banks offering confusing signals, trade deals uncertain, and technical levels being tested across all major pairs, volatility will likely remain elevated. The coming weeks will determine whether current trends extend or reverse as year-end approaches. “The Alert That Found the Move Before You Did”You’ll swear you spotted it yourself. TriSignal Scanner identifies triangle breakouts at the candle — not after. Your screen lights up, and the trade’s ready. 👉 Plug in TriSignal and see your first live alert fire. Kind regards, TradingStrategyGuides | 
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