The US dollar held steady, ending almost unchanged from Monday’s close. This stability occurred amid a slowdown in yield growth in the US, continued uncertainty before the US elections and waiting for the publication of key US data.

Here’s what you need to know on Wednesday, October 30:

The US Dollar Index (DXY) maintained mixed price action at a low level of 104.00 amid broadly cautious trading in global markets. Regular MBA mortgage applications will be supplemented with ADP employment changes, advanced third quarter GDP growth rates, pending home sales, and EIA’s weekly report on U.S. crude oil stocks.

EUR/USD managed to rebound from previous lows near 1.0770 and regain the area just above the 1.0800 barrier. Germany’s flash inflation rate takes center stage along with the flash third-quarter EMU GDP growth rate, the final consumer confidence print, economic and industrial sentiment and the ECB’s inflation expectations. Additionally, Schnabel from the ECB will speak.

GBP/USD outperformed on a risk intricate amid rising expectations ahead of the publication of the autumn budget on Wednesday.

USD/JPY continued to trade near recent multi-week highs, although further gains remained circumscribed around 154.00. Japan’s consumer confidence index will be published.

Further concerns around China continue to weigh on the Australian dollar, sending AUD/USD to novel two-month lows near 0.6550. The next available indicator will be the RBA’s monthly CPI, supported by the Q3 inflation rate.

Market discussions about the likelihood of a diplomatic solution to the crisis in Lebanon pushed WTI prices below $67.00 a barrel, a four-week low.

Gold prices rose to an all-time high, surpassing $2,770 per troy ounce, on continuing geopolitical unrest and the prospects for further monetary easing by major central banks. Silver prices rose to four-day highs, well north of $34.00 an ounce.