Friday, 23 October 2026
Global markets, trading & world business — for professional traders
Gold (XAU/USD) rebounds on Tuesday as a pullback in US Treasury yields weighs on the US Dollar (USD), helping the metal recover after falling to a two-month low of $4,104 during Asian trading hours. At the time of writi…
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The comments from European Central Bank (ECB) official and Finnish Central Bank Governor Olli Rehn released during the European trading session on Tuesday signal economic warnings due to higher long-term interest rates.
USD/CHF extends its gains for the second successive day, trading around 0.8320 during European hours on Tuesday. The pair is moving higher as the US Dollar (USD) gains momentum, largely driven by a surge in safe-haven d…
Alongside a direct – albeit so far relatively contained – build-up of fiscal premium, the euro continues to suffer from an unwinding of ECB rate hike expectations due to French bond turbulence. Risks remain firmly on th…
A well-known stock market proverb says: "Buy when the cannons are firing." In other words, in times of war and uncertainty, people should invest.
MUFG’s Lee Hardman notes that the Japanese Yen has softened after a Bloomberg report on the GPIF’s September meeting, lifting USD/JPY back above 158.00. Despite the correction, the Yen remains the best-performing G10 cu…
Francesco Pesole at ING highlights that the Euro (EUR) is under pressure from French bond market turbulence, which is adding a fiscal risk premium and driving a repricing lower in European Central Bank (ECB) rate expect…
The US Dollar (USD) stays resilient against its peers early Tuesday, with the USD Index staying in positive territory after posting modest gains on Monday. Later in the session, Eurostat will publish Eurozone Retail Sal…
USD/IDR remains steady after registering minor gains in the previous day, trading around 17,930 during the European hours on Tuesday. However, the pair may further appreciate as the US Dollar (USD) gains momentum, large…
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanes…
The Indian Rupee (INR) trades lower against the US Dollar (USD) on Tuesday due to the continuous surge in global bond yields. The USD/INR pair rises to near 96.43, the highest level seen in over two months.
Gold (XAU/USD) stages a modest recovery from the $4,100 neighborhood, or a two-month low touched earlier this Tuesday, though the upside potential seems limited. The US Dollar (USD) pauses for a breather following the r…
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $88.60 during the early Asian trading hours on Tuesday. WTI faces some selling pressure as rising Middle East crude exports and a release of o…
The GBP/USD pair extends its consolidative move during the Asian session on Tuesday, trading above the 1.3200 mark and within a familiar range held over the past two weeks or so.
The NZD/USD pair seesaws between tepid gains and minor losses during the Asian session on Tuesday, trading around the 0.5600 mark, just above its lowest level since November 2025, touched the previous day.
Reports that Spain's government was preparing an early election pushed EUR/USD to its lowest since May 2025, and hedge-fund selling in Asia set off option barriers that deepened the fall, traders said. The pair has sinc…
AUD/USD remains steady after two days of gains, trading around 0.6970 during Asian hours on Tuesday. The currency pair is hovering in a tight range as the Australian Dollar (AUD) finds support despite local economic hea…
The odds of an October Fed hike have fallen from about two in three in late September to roughly one in five, and GBP/USD hasn't left the range it has traded in since September 24. Monday's range is entirely inside Frid…
US Treasury yields edged up at the beginning of the week, with the 30- and 10-year yields reaching multi-year highs as inflation expectations rose, as shown in a US Institute for Supply Management (ISM) survey indicatin…
Silver (XAG/USD) price drifts higher by over 1.14% on Monday, even as US Treasury yields rise and the Greenback extends its gains by 0.26%, as per the US Dollar Index (DXY). XAG/USD trades at $61.13, after bouncing off …
The Mexican Peso (MXN) posted back-to-back bullish days as USD/MXN edges lower by about 0.34% on Monday amid softer-than-expected US data and a mediocre Nonfarm Payrolls report last Friday. The exotic pair trades at 18.…
New Zealand's firms are more upbeat and raising fewer prices, and the second half of that matters more for the Kiwi. NZD/USD trades just above 0.5600 after a fresh low beneath it, back near its November 2025 low.
Standard Chartered’s Edward Lee expects the Monetary Authority of Singapore (MAS) to deliver another very slight tightening in October, raising the SGD NEER slope to 1.5% from 1.25% while keeping the band parameters unc…