- \n
- The Bank of Japan (BoJ) announces its interest rate decision after each of the Bank\u2019s eight scheduled annual meetings.<\/li>\n\n\n\n
- Generally, if the BoJ is hawkish about the inflationary outlook of the economy and raises interest rates it is bullish for the Japanese Yen (JPY).<\/li>\n\n\n\n
- Likewise, if the BoJ has a dovish view on the Japanese economy and keeps interest rates unchanged, or cuts them, it is usually bearish for JPY.<\/li>\n<\/ul>\n\n\n\n
Earnings, CPI and PPI reports<\/strong>:<\/p>\n\n\n\n
- \n
- Earnings season is still active, with reports from prominent tech firms including Intel and Adobe expected this week.<\/li>\n\n\n\n
- Analysts will also examine the latest Consumer Price Index (CPI) and Producer Price Index (PPI) figures, scheduled for Tuesday and Wednesday, which could affirm whether inflation remains on a downward trajectory, supporting the Fed’s stance on rates.<\/li>\n<\/ul>\n\n\n\n
NFP employment release:<\/strong><\/p>\n\n\n\n
- \n
- Nonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.<\/li>\n<\/ul>\n\n\n\n
![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/20241028-112433.jpg\")
<\/figure><\/div>\n\n\n- \n
- The unemployment rate fell to 4.1%, down 0.1 percentage point, as the survey of household employment showed an even stronger picture, with a gain of 430,000.<\/li>\n<\/ul>\n\n\n\n
- <\/ol>\n\n\n
- EUR\/USD<\/li>\n\n\n\n
- USD\/JPY<\/li>\n\n\n\n
- GBP\/USD<\/li>\n\n\n\n
- Nasdaq100<\/li>\n\n\n\n
- XAU\/USD<\/li>\n<\/ul>\n\n\n\n
![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Screenshot-2024-10-28-113814.png\")
<\/figure><\/div>\n\n\n<\/p>\n\n\n\n
MARKET NEWS<\/h1>\n\n\n\n
Why the Japanese yen is hovering near three-month lows against the dollar<\/strong><\/p>\n\n\n\n
- \n
- The Japanese yen is hovering near three-month lows against the U.S. dollar, after hitting 153.18 late Wednesday.<\/li>\n\n\n\n
- The upcoming elections in Japan, strong growth indicators in the U.S., and still high rate differential between U.S. and Japan is pressuring the Japanese currency.<\/li>\n<\/ul>\n\n\n\n
Gold falls on profit-taking after record rally<\/strong><\/p>\n\n\n\n
- \n
- Gold prices fell on Friday as some investors booked profit after its recent rally which hit a record high, although ongoing tensions in the Middle East helped limit the decline.<\/li>\n\n\n\n
- Spot gold eased 0.6% to $2,718.83 per ounce by 1014 GMT.<\/li>\n\n\n\n
- Prices had hit an all-time high of $2,758.37 on Wednesday.<\/li>\n\n\n\n
- Spot silver, which hit a 12-year-high of $34.87 earlier this week, fell 1.7% to $33.13 per ounce.<\/li>\n\n\n\n
- Platinum lost 1.9% to $1,006.85.<\/li>\n<\/ul>\n\n\n\n
Dollar set for fourth weekly gain as investors balk at array of risks<\/strong><\/p>\n\n\n\n
- \n
- The dollar headed for a fourth weekly gain on Friday, as an uncertain backdrop for markets sent the yen near three-month lows ahead of an election in Japan over the weekend that could complicate the Bank of Japan\u2019s (BOJ) plans to normalise rates.<\/li>\n\n\n\n
- The dollar index was last little changed at 104.01, after having scaled a roughly three-month high of 104.57<\/li>\n\n\n\n
- The yen weakened, leaving the dollar 0.1% higher on the day at 152.045 and up 1.4% this week, having shrugged off Tokyo inflation data on Friday<\/li>\n\n\n\n
- That showed core consumer prices came in below the BOJ\u2019s 2% target for the first time in five months.<\/li>\n<\/ul>\n\n\n\n
Click here <\/a>to open account and start trading.<\/p>\n","protected":false},"excerpt":{"rendered":"
Going into the last week of October will focus on key market events that could influence the near-term economic landscape. The Federal Reserve’s interest rate decision, set for Wednesday, will be a primary driver for markets. Analysts largely anticipate that the Fed will maintain the current rate, following last week’s positive job data and balanced Continue Reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-14540","post","type-post","status-publish","format-standard","hentry","category-week_ahead"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/14540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/comments?post=14540"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/posts\/14540\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/media?parent=14540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/categories?post=14540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/pl-eu\/wp-json\/wp\/v2\/tags?post=14540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Screenshot-2024-10-28-112743.png\")
<\/figure><\/div>\n\n\n<\/p>\n\n\n\n
MARKET MOVERS<\/h1>\n\n\n\n
S1-S3<\/strong> mean potential Support points<\/strong>. If the market declines further, these are the potential levels it can reach.<\/p>\n\n\n\n
R1-R3<\/strong> mean potential Resistance points<\/strong>. If the market starts to increase again, these are the potential levels it can reach.<\/p>\n\n\n\n
EUR\/USD<\/strong><\/p>\n\n\n\n
Potential Long preference<\/strong><\/p>\n\n\n\n
Long positions above 1.08328 with targets at 1.08450 & 1.08571 in extension.<\/p>\n\n\n\n
Alternative scenario<\/strong><\/p>\n\n\n\n
Below 1.08149 look for further downside with 1.08037 & 1.07941 as targets.<\/p>\n\n\n\n
The pair’s near-term outlook points to a bullish tilt.<\/p>\n\n\n
\n![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Screenshot-2024-10-28-113116.png\")
<\/figure><\/div>\n\n\n<\/p>\n\n\n\n
USD\/JPY<\/strong><\/p>\n\n\n\n
Potential Short preference<\/strong><\/p>\n\n\n\n
Short positions below 151.583 with targets at 151.136 & 150.896 in extension.<\/p>\n\n\n\n
Alternative scenario<\/strong><\/p>\n\n\n\n
Above 152.199 look for further upside with 152.384 & 152.729 as targets.<\/p>\n\n\n\n
As long as the resistance at 152.199 is not surpassed, the risk of the break below 151.583 remains high.<\/p>\n\n\n
\n![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Screenshot-2024-10-28-113412.png\")
<\/figure><\/div>\n\n\n<\/p>\n\n\n\n
GBP\/USD<\/strong><\/p>\n\n\n\n
Potential Long preference<\/strong><\/p>\n\n\n\n
Long positions above 1.29945 with targets at 1.30092 & 1.30306 in extension.<\/p>\n\n\n\n
Alternative scenario<\/strong><\/p>\n\n\n\n
Below 1.29610 look for further downside with 1.29499 & 1.29263 as targets.<\/p>\n\n\n\n
A support base at 1.29610 has formed and has allowed for a temporary stabilisation.<\/p>\n\n\n
\n![\"\"](\"https:\/\/www.vtmarkets.com\/pl-eu\/wp-content\/uploads\/sites\/21\/2026\/04\/Screenshot-2024-10-28-113614.png\")
<\/figure><\/div>\n\n\n<\/p>\n\n\n\n
Market instruments to look out for this week<\/strong>:<\/p>\n\n\n\n
- \n
- The unemployment rate fell to 4.1%, down 0.1 percentage point, as the survey of household employment showed an even stronger picture, with a gain of 430,000.<\/li>\n<\/ul>\n\n\n\n
- Nonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.<\/li>\n<\/ul>\n\n\n