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Pro New York · Yesterday 21:00 UTC · latest brief
New York Session Brief: Gold Slides Across the Board as Equities Extend Losses

Gold and equities sell off together in a risk-off New York session, while AUD stands out as the strongest currency amid broad CHF weakness.

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An earlier brief, in full

Free Asia · Oct 29 06:00 UTC

Asian Session Brief: CAD Strength Persists Ahead of ECB Decision

Session brief · generated October 29, 2026, 06:00 UTC

Session Overview

Asian session trade was moderate, with equity indices firm and risk sentiment broadly constructive even as crypto and gold retreated. CAD strength remains the dominant theme across forex crosses, while traders brace for a heavy European and US event calendar later today.

Key Moves

  • DOTUSD: Down -3.52% amid extreme volatility, extending a broader crypto pullback.
  • ADAUSD: Down -2.93%, tracking the wider digital-asset decline.
  • XAUUSD: Down -0.81% to 4,033.14, slipping as haven demand eased.
  • JP225: Up +0.68% to 64,664, outperforming regional index peers.
  • US30: Up +0.35% to 52,762, extending its confirmed uptrend.

Notable Signals

Active signals show CADJPY (BUY, confidence 0.85) extending gains with current R of 0.2 and MFE of 0.42, consistent with the deeply extended bullish instrument momentum on CAD/JPY. EURCAD (SELL, confidence 0.74) is the standout performer, sitting at R 1.1 with MFE 1.12 ahead of the ECB decision. AUDUSD, AUDCHF (both BUY) and GBPAUD (SELL) remain in early, slightly negative R territory.

Risk Sentiment

Sentiment leans mildly risk-on in equities, with US30, DE40 and AUS200 all showing confirmed uptrends with aligned momentum. Gold's retreat to 4,033.14 and broad weakness across most crypto assets suggest reduced demand for traditional and alternative havens. CAD strength is reinforced both against EUR and JPY, a theme that stands somewhat apart from the general risk tone and points to a genuine currency-specific move rather than isolated pairs.

Outlook

Attention now shifts to a packed European and US calendar. The ECB rate decision, monetary policy statement and press conference between 13:15 and 13:45 UTC carry critical-impact flags and will be the key driver for EUR crosses, particularly EURAUD and EURCAD, which already show coordinated bearish momentum heading into the event. Earlier, US Advance GDP q/q and Core PCE Price Index m/m at 12:30 UTC are high-impact releases that could stir broader USD volatility. With three critical and five high-impact events scheduled today, position sizing should remain conservative heading into the London and New York sessions.

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Today, October 31 0 events · times UTC
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