Dollar Declines, Stock Futures Divergent, Yields Ease
The dollar is lower against all major currencies, U.S. stock futures are mixed with Dow up and Nasdaq down, and Treasury yields decline. Earnings season kicks…
Major and emerging currency pairs, central bank policy, interest rate expectations and cross-border capital flows.
The dollar is lower against all major currencies, U.S. stock futures are mixed with Dow up and Nasdaq down, and Treasury yields decline. Earnings season kicks…
Alpari took the Best Execution award at Dubai Forex Expo 2026, with the honour spotlighting its order-execution credentials and multi-account offering.
Goldman Sachs expects the yuan to reach 6.40 per dollar in a year and models suggest a possible move to 6.00. Trivedi calls undervaluation 20-25%.
EUR/CHF bounced off support near 0.9300 this week, but the elevated French-German yield spread around 141 bps keeps euro risks intact.
Reuters sees the PBOC's daily USD/CNY fixing at 6.6981, with the midpoint's policy message shifting.
Goldman Sachs says the yuan is 20-25% undervalued, with markets underestimating gains; it sees 6.40 per dollar within a year.
EURUSD fell to 1.1155, the lowest since May 2025, after failing to clear the 100-hour moving average. Next levels: 1.11296, 1.1060.
NZDUSD sellers drive the pair toward key support at 0.5575-0.5579, with a break below opening the door for further downside.
EUR/USD touched a 17-month low of 1.1161 on Oct. 5 as French budget concerns and other European strains weighed on the euro.
EUR/USD is hovering near recent lows as markets watch French budget talks and upcoming US CPI data for direction.
The US Dollar Index is hovering near an 18-month high as analysts debate a key trendline. Wednesday's CPI report will likely test the rally.
Only a minor EUR/USD option expiry at 1.1225 is scheduled for 12 October, with thin liquidity from a US bond market closure possibly amplifying moves.
The Indian rupee is set to rally about 1% after the RBI imposed measures to curb corporate hedging, with offshore trading signaling gains.
Reuters expects the PBOC to set its USD/CNY midpoint at 6.6977, still softer than market forecasts.
Forex indicative rates for Monday open show little change from late Friday; Japanese market is closed for a holiday.