Here are the crucial developments market watchers should monitor in the coming days:

The US Dollar Index (DXY) exhibited corrective behavior late in the week, even as employment figures surpassed projections. While the positive jobs report initially propelled dollar strength, the momentum proved temporary, indicating potential exhaustion in the rally. The DXY appears set to conclude the week near the 106.00 threshold, marking a modest decline that interrupts an eleven-week upward trajectory. Although the broader trend maintains its bullish orientation, recent movements suggest softening momentum. Fundamental economic conditions continue to support dollar strength, with current pullbacks appearing technical in nature.

Trading activity will see reduced participation on Monday as US markets observe Columbus Day, with Canadian markets similarly closed for holiday observance.

Wednesday brings the release of US wholesale inflation metrics, with consensus estimates projecting a 0.4% monthly increase in September's Producer Price Index (PPI). Later that same session, financial markets will scrutinize the Federal Reserve's latest policy meeting minutes for insights into future monetary policy direction.

Thursday emerges as a pivotal session with the publication of US Consumer Price Index (CPI) data. Market expectations anticipate both headline and core inflation measures to register 0.3% monthly advances. Should inflation readings exceed forecasts, expectations for additional Fed tightening could intensify, potentially bolstering the dollar while elevating bond yields and creating market turbulence. Conversely, softer-than-expected inflation data might stimulate risk appetite while applying downward pressure to the dollar. The weekly unemployment claims report will also command attention, particularly following the recent robust nonfarm payrolls performance.

Several Federal Reserve officials are scheduled to deliver public remarks, including Vice Chair Jefferson and Dallas Fed President Logan on Monday, followed by Governor Waller's comments on Tuesday. The next Federal Open Market Committee policy decision arrives on November 1.

EUR/USD registered gains following eleven consecutive weeks of decline, finding support after Friday's employment data release. The currency pair shows signs of stabilization, with a decisive break above the 1.0630 resistance level potentially confirming a more substantial recovery. Market participants will examine the European Central Bank's meeting minutes on Thursday for additional directional cues.

GBP/USD extended its advance for a third consecutive session on Friday, approaching the 20-day Simple Moving Average resistance near 1.2260. The British pound recorded its strongest weekly performance since early July. Thursday brings the release of UK monthly GDP and manufacturing production figures, which could influence sterling's trajectory.

USD/JPY continues to hover near the psychologically significant 150.00 level, a zone that reportedly prompted Japanese authorities to intervene in currency markets earlier in the week. The pair achieved its highest weekly close in decades near 149.35, supported by widening yield differentials between US and Japanese government bonds.

Commodity-linked currencies underperformed during the week as declining crude oil prices, weaker metal markets, and deteriorating risk sentiment weighed on these assets. However, these currencies concluded the week on a positive note, suggesting potential for continued recovery in the coming sessions.

Chinese trade data scheduled for Friday release could significantly impact global market sentiment and the performance of Antipodean currencies. The economic calendar remains relatively light for Australia and New Zealand in the week ahead.

AUD/USD concluded the week with modest losses, stabilizing near 0.6390 after retreating from monthly lows. The pair's return to previous trading ranges suggests potential for Australian dollar strength, though sustained movement above 0.6500 would be required to alter the short-term bearish technical outlook.

NZD/USD finished the week essentially unchanged, trading slightly below the 0.6000 psychological level. The New Zealand dollar remains beneath its 20-day Simple Moving Average near 0.6050, a resistance zone that may face testing in coming days.

Canadian economic data and volatile crude oil prices contributed to loonie fluctuations during the week. While declining oil prices initially pressured the Canadian dollar, positive domestic employment figures provided support. USD/CAD recorded its highest weekly close since March near 1.3660, though the pair's sharp retreat from 1.3785 highs suggests potential for further downside movement.

Gold prices rebounded from support at the 200-week moving average, maintaining levels above $1,800. Friday's rally pushed the precious metal above $1,830, with short-term momentum favoring the yellow metal despite the prevailing downward trend.