Silver price consolidates near $50.00, up a minimal 0.19% as the Greenback rallies sharply, posting strong US data. Back-to-back ‘dojis’ indicate that neither buyers nor sellers are in control.

MUFG notes Taiwan’s headline inflation eased to 2.33% year-on-year in October, with core at 2.23%, both above the 2% alert level. The CBC is expected to keep its policy rate at 2.00% in December, though persistent Taiwan Dollar (TWD) weakness could tilt risks higher.

Ripple (XRP) remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the United States (US) midterm elections.

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss.

India FX Reserves, USD above expectations ($0B) in October 26: Actual ($717.06B)

Ripple (XRP) ticks higher on Thursday, trading near $1.32. The remittance token is up roughly 10% from last week’s trough at $1.20, suggesting that the path of least resistance is gradually flipping upward.

Here is what you need to know on Thursday, November 5:

The USD/JPY edges lower but trims some of its earlier losses, down 0.20% in the aftermath of the US midterm election results. However, the pair seems to form a tilted bullish ‘pin bar ’, yet it remains consolidated within the 50- and 200-day SMAs, each at 157.39 and 158.62.

Solana (SOL) remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week.

Silver price bounces off around $49.00, gaining nearly 3% on Monday due to US Dollar weakness and falling US yields, as energy prices tumbled amid speculation of a resolution to the US-Iran conflict. Price action in the white metal hasn’t changed abruptly.

Here is what you need to know on Tuesday, November 3:

Ripple (XRP) hovers around $1.25 on Monday, as bulls and bears engage in a tug-of-war to determine trend direction after consolidation lapses. The remittance token corrected sharply alongside other cryptocurrencies last week, after the $6.3 billion Binance security breach.

Dogecoin (DOGE) hovers around $0.075 on Monday after falling for the fifth consecutive week since the end of September. Santiment data shows diverging whale activity, as large holders reduce their positions while smaller whale wallets accumulate tokens.

The US Dollar (USD) regained the smile this week, reversing two consecutive pullbacks and trading close to its key 200-week SMA. The Greenback’s recovery has followed the persistent rise in crude oil prices, in a context where a solution to the Middle East crisis appears nowhere to be seen.

India FX Reserves, USD fell from previous $721.02B to $719.748B in October 19

Here is what you need to know on Friday, October 30:

The Euro (EUR) posts minor losses against the British Pound (GBP) on Thursday, trading within Wednesday’s range, as investors await the European Central Bank’s (ECB) monetary policy decision, due later in the day.

South Africa Private Sector Credit dipped from previous 7.47% to 6.23% in September

Silver price tumbles over 1.45% on Wednesday, dives to $53.60 per troy ounce, remaining within familiar levels with investors waiting for the Federal Reserve’s decision. Bearish momentum seems to have paused, though the market structure remains tilted to the downside.

Bitcoin (BTC) ticks lower near $80,000 on Wednesday, while Gold (XAU/USD) holds above $4,000. Both assets reflect the broader risk-off sentiment as focus remains on the Federal Reserve’s (Fed) interest rate decision later in the day.

Technically, XRP is still in the woods, with the 50-day EMA limiting the token’s recovery potential.Ripple (XRP) faces short-term hurdles, trading around $1.33 on Wednesday. The remittance token signals a potential break of its two-day recovery streak, from the weekly low of $1.27.

Here is what you need to know on Wednesday, October 28:

Lloyd Chan at MUFG focuses on Thai Baht as a key expression of the Oil shock in Asia. He cites September trade data showing a sharply wider deficit, driven by surging imports outpacing strong exports. MUFG expects the Bank of Thailand to keep its policy rate at 1.00% to support growth, leaving USD/THB biased higher while Oil remains elevated.

Brown Brothers Harriman’s (BBH) Elias Haddad expects Chile’s central bank to keep its policy rate at 4.50% for a sixth meeting, despite market pricing for future hikes.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground for the third successive day and trading near 102.20 during the European hours on Tuesday.

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann maintain a negative stance on USD/CNH, expecting the Dollar to edge lower within a defined range. Intraday, they see only mild downside momentum, limiting losses.

Bitcoin (BTC) is bouncing back above $80,000 on Monday, while Gold (XAU/USD) is springing above the pivotal $4,000 level, up a modest 0.34% and 0.64%, respectively.

Ripple’s (XRP) correction on Monday is deepening below $1.30, reflecting growing headwinds in the broader cryptocurrency market. Based on the token’s technical picture, the path of least resistance could stay downward until the $1.30 supply area flips into support.

United Overseas Bank analysts Quek Ser Leang and Lee Sue Ann note that USD/CHF has shifted from a prior negative bias into a range-trading phase. They see the Dollar’s rapid rebound losing momentum below key resistance, with intraday support levels defining near-term risks.

The Euro (EUR) bounces up against the British Pound (GBP) on Monday, favoured by a somewhat brighter market sentiment, as Oil prices retreat from six-month highs and France’s debt rating spared a downgrade over the weekend.