Wednesday, 28 October 2026
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Micron fell about 4% on Monday and the NASDAQ 100 fell with it, while the Dow Jones Industrial Average (DJIA), which holds no memory-chip maker, finished higher. The S&P 500, which holds Micron and all 30 Dow members, f…
Gold (XAU/USD) price drifts lower by about 1.49% on Monday as the Greenback gains ground amid escalating hostilities in the Middle East, pushing energy prices higher and increasing the likelihood of higher interest rate…
Cleveland Federal Reserve (Fed) President Beth Hammack said Monday that interest rates need to be higher, that inflation remains “too high”, and that more economic tightness is needed.
Buyers are stepping in and keeping the US Dollar (USD) bid due to safe-haven demand, as the resumption of hostilities in the Middle East and strikes between Russia and Ukraine have pushed energy prices higher.
Societe Generale strategists note that the recent USD/KRW bounce stalled around 1390 and the pair is now testing the lower end of its consolidation, suggesting the broader downtrend may resume.
West Texas Intermediate (WTI) Oil reverses course on Monday and climbs to a two-week high as doubts over a Russia-Ukraine energy ceasefire and supply concerns in the Middle East keep a geopolitical premium in energy mar…
Cleveland Federal Reserve (Fed) President Beth Hammack said on Monday that the neutral rate for the Fed funds “is likely higher,” that she is hearing signs of a problem with inflation expectations and that the question …
Rabobank's Senior FX Strategist Jane Foley discusses EUR/SEK, noting Sweden’s resilient economy, stronger-than-expected GDP and a hawkish shift at the Riksbank.
NZD/USD declines by 0.23% on Monday, trading around 0.5600 at the time of writing, as the New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD). The pair approaches its lowest level in 17 months ar…
The Euro (EUR) has resumed its broader bearish trend against the British Pound (GBP) on Monday after a mild recovery attempt at the end of last week. EUR/GBP bears are testing the 16-month low of 0.8447 hit on Wednesday…
USD/JPY extends its advance on Monday, gaining 0.28% on the day to trade around 158.70 at the time of writing.
Rabobank strategist Molly Schwartz and Christian Lawrence discuss Mexico’s rates outlook after Banxico held the overnight rate at 6.50%. They note upside risks to inflation, market pricing for more than 100bp of hikes o…
ING’s Chris Turner notes that the Dollar stays well supported as markets focus on solid US growth, above-target inflation and expectations for further Federal Reserve tightening. A potentially strong US September CPI is…
ING analysts Warren Patterson and Ewa Manthey note that Oil prices are weaker despite heightened Middle East tensions, as strong Persian Gulf flows and a US-Russia diesel deal weigh on the market. They highlight that ad…
TD Securities economists Robert Both and Emma Lawrence expect the Bank of Canada (BoC) to keep the Overnight Rate at 2.25% through 2026, before lifting it back to a neutral 2.75% in 2027. They argue that, despite market…
USD/CAD trims part of its earlier decline on Monday as the US Dollar (USD) regains ground after opening the week lower. The Canadian Dollar (CAD) struggles to attract buyers as differing monetary policy expectations for…
The Euro (EUR) depreciates further against the British Pound (GBP) on Monday after dropping about 1.7% over the previous two weeks, as ongoing concerns about France's fiscal health keep investors on their toes. The EUR/…
Commerzbank’s Dr. Henry Hao and Charlie Lay note that the Reserve Bank of India (RBI) has unveiled a broad package of tools to stabilise the Indian Rupee (INR), including a special Dollar facility for oil importers, tig…
USD/IDR gains ground after registering losses in the previous day, trading around 17,940 during European hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) struggles under the weight of Indonesia's gro…
Gold (XAU/USD) edges lower on Monday, reversing earlier gains as traders avoid taking large positions ahead of US inflation data due later this week, which could offer fresh cues on the Federal Reserve’s (Fed) next move…
The US Dollar (USD) trades subduedly at the start of the United States (US) Consumer Price Index (CPI) week. In the European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currenc…
The metals blinked. After spending last week holding their ground while yields surged around them, gold and silver took an aggressive tumble to open the week. Gold has now retraced almost the entire rise it built from t…
The dollar has pushed toward fresh highs because several pieces of the board have started moving in its favour at the same time: oil is higher, US equities have held up better than most, front-end rate differentials hav…
India unveiled a new measures to boost the Indian Rupee (INR), redirecting oil companies' US Dollar purchases away from the spot market and tightening hedging rules, Reuters reported on Saturday. The move comes as the …
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