At a glance
- Market volatility is uneven as of 2026-11-03 15:02 UTC: FX day ranges run from 0.29% in EURUSD to 0.74% in USDCHF, while metals and crypto show wider intraday movement.
- Metals are the weakest group: XAGUSD shows -17.94% over 20 days and sits at 11% of its 20 day range, while XAUUSD shows -5.94% and sits at 21%.
- Crypto is bouncing on the day but remains low in its ranges: BTCUSD is up 0.74% on the day yet sits at 13% of its 20 day range.
Instrument snapshot
| Instrument | Close | 1 Day | 1 Week | 1 Month | Day range | Volatility | 1 Month range |
|---|---|---|---|---|---|---|---|
| EURUSD | 1.11940 | +0.03% | +0.62% | -0.53% | 0.29% | 0.6x normal | 52% (mid range) |
| GBPUSD | 1.34280 | +0.14% | +0.92% | +1.40% | 0.30% | 0.7x normal | 93% (near high) |
| USDJPY | 158.326 | +0.26% | +0.21% | +0.37% | 0.37% | 0.8x normal | 78% (mid range) |
| AUDUSD | 0.69838 | -0.22% | -0.66% | +0.45% | 0.64% | 1.2x normal | 62% (mid range) |
| USDCAD | 1.39894 | +0.05% | -0.43% | -1.86% | 0.37% | 0.8x normal | 15% (near low) |
| USDCHF | 0.82018 | +0.22% | -1.04% | -0.96% | 0.74% | 1.2x normal | 22% (mid range) |
| XAUUSD | 3,941.24 | -0.16% | -2.99% | -4.86% | 1.92% | 1.3x normal | 21% (mid range) |
| XAGUSD | 49.993 | -1.23% | -8.21% | -17.57% | 4.52% | 1.4x normal | 10% (near low) |
| BTCUSD | 77,240 | +0.74% | -4.41% | -10.71% | 2.19% | 0.8x normal | 10% (near low) |
| ETHUSD | 2,288.60 | +1.73% | -2.49% | -16.06% | 3.17% | 0.8x normal | 21% (mid range) |
| SOLUSD | 93.22 | +1.51% | -7.89% | -23.32% | 2.77% | 0.6x normal | 8% (near low) |
| XRPUSD | 1.2756 | +2.21% | -4.05% | -16.10% | 3.83% | 0.9x normal | 24% (mid range) |
Volatility compares the day's range with its 20 day average. 1 Month range shows where the close sits between the month's low (0%) and high (100%).
Market volatility by group
Across FX, movement is mostly contained against the 20 day average. EURUSD has a 0.29% day range, equal to 0.57 times its 20 day average range, and sits at 54% of its 20 day range. GBPUSD is firmer, up 0.14% on the day and 1.44% over 20 days, with price at 93% of its 20 day range.
USDJPY is also high in its recent band, at 78% of its 20 day range, with a 0.37% day range and 0.83 times its 20 day average range. USDCAD is the opposite setup, sitting at 15% of its 20 day range after a -1.89% 20 day move.
The wider FX pairs today are AUDUSD and USDCHF. AUDUSD has a 0.64% day range and trades at 1.18 times its 20 day average range, while USDCHF has a 0.74% day range and trades at 1.23 times its 20 day average range. That is where FX spread controls and book monitoring need more attention than in EURUSD.
Metals and crypto ranges stay larger
Metals are still the heavier part of the board. XAUUSD is down -0.16% on the day, -2.78% over 5 days and -5.94% over 20 days. Its day range is 1.92%, or 1.28 times its 20 day average range, with price at 21% of the 20 day range.
XAGUSD is more stretched. It is down -1.23% on the day, -7.25% over 5 days and -17.94% over 20 days. The day range is 4.52%, or 1.36 times its 20 day average range, and price is at 11% of the 20 day range. For brokers, silver remains the cleaner example of elevated metal volatility and lower range position.
Crypto shows a different profile. BTCUSD is up 0.74% on the day but remains -5.30% over 20 days and at 13% of its 20 day range. ETHUSD is up 1.73% on the day and 1.79% over 5 days, but still shows -5.38% over 20 days. SOLUSD is up 1.51% on the day, yet -10.52% over 20 days and at 14% of its 20 day range. XRPUSD has the strongest daily gain in the crypto group at 2.21%, with price at 39% of its 20 day range.
Broker focus: spreads, exposure and liquidity
For dealing desks, the practical issue is not just direction. It is where volatility is above normal and where price is sitting near the lower end of recent ranges. XAGUSD, XAUUSD, USDCHF and AUDUSD all show ranges above their 20 day average. That can affect fill quality, reject rates and stop execution, depending on each broker's liquidity setup.
Review spread limits and markups on metals first, then the wider FX pairs. If markups are static, XAGUSD and XAUUSD may need different treatment from EURUSD and GBPUSD today.
Risk teams should watch directional exposure where price is near the bottom of its 20 day range, especially USDCAD, XAUUSD, XAGUSD, BTCUSD and SOLUSD. Risk accounts and exposure views help separate client flow from house book pressure.
Operations teams should keep monitoring alerts tight around metal and crypto sessions. XiroLink can help brokers aggregate LP pricing, apply markups and monitor market data health in one liquidity bridge, depending on the broker setup.
Figures are daily market data as of 2026-11-03 15:02 UTC. This note is market information for brokers, not investment advice.