Get a concise weekly overview of Bitcoin, major FX pairs, gold, and silver, highlighting key levels, trends, and risks for November 24.

The US Dollar (USD) finished the week with modest gains of 0.89% yet reached six-month highs of 100.39.

The EUR/USD pair edged lower on a weekly basis, bottoming at 1.1496 on Friday, to finally settle barely above this level, not far above 1.1468, the November monthly low.

The Pound Sterling (GBP) broke its previous week’s consolidation to the downside against the US Dollar (USD), as GBP/USD revisited levels below the 1.3100 threshold.

Gold (XAU/USD) edged lower after rising more than 2% in the previous week but stabilized above $4,000. Diminishing bets of a Federal Reserve (Fed) interest rate cut could keep the bulls at bay as markets wait for the US economic data backlog to clear. 

USD/CHF strengthened again Thursday as the Swiss franc continues to weaken, with the 0.79 level appearing firmly defended. Interest-rate advantages, SNB rhetoric, and broader dollar strength support the view that the pair is forming a durable base for an eventual breakout.