Top Forex Brokers – Forex Weekly news and analysis For November 3 – 9, 2025
The BoE update will shed light on the UK’s policy direction and inflation outlook, while the NFP remains a major driver of global markets, shaping views on US economic strength and influencing everything from currencies to commodities. However, the ongoing US government shutdown could affect the timing or accuracy of some data releases.
Thursday, November 6
The decision offers insight into the BoE’s outlook on inflation and the economy. The current rate is 4.00%, and markets are watching for any changes or guidance. If the BoE signals tightening or raises rates, the pound may strengthen. A dovish tone or rate cut could weaken GBP while supporting UK stocks and other risk assets.
The pound is sliding, testing support at 1.3099, with RSI nearing the oversold zone.
Friday, November 7
The report measures job growth outside the agricultural sector and reflects the overall strength of the US labor market. Strong payroll data could lift the dollar and pressure risk assets by signaling further Fed tightening. Weaker numbers may ease those concerns, weighing on USD while supporting stocks and commodities.
Gold is in a correction phase, with the price testing the 3964 level, which aligns with the 38.2% Fibonacci retracement.
•Most Trusted Broker — 2025
These awards confirm our commitment to building a rewarding trading environment and helping you uncover your potential. Thank you for choosing to trade with an award-winning broker!
Choose MetaTrader 5 with Top Forex Brokers?
•Blazing-fast execution & enhanced stability
•38 built-in technical indicators & 21 timeframes for precision trading
•Optimized for all devices—desktop, mobile & web
•Trade a wide range of assets: Stocks, Commodities, Forex & more!
https://www.topforexbrokerscomparison.com
*Tips and analytics do not constitute a call to trade, trading advice or recommendation and are for information only.
Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience.
