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…
1 h ago31 min read
Forex
Goldman Sachs Targets Yuan at 6.40, Models Point to Possible 6.00
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%.
4 h ago11 min read
EUR/CHF rebounds, but French-German yield spread keeps euro risks alive
EUR/CHF bounced off support near 0.9300 this week, but the elevated French-German yield spread around 141 bps keeps euro risks intact.
6 h ago7 min read
Goldman: Yuan 20-25% undervalued, appreciation underestimated
Goldman Sachs says the yuan is 20-25% undervalued, with markets underestimating gains; it sees 6.40 per dollar within a year.
14 h ago16 min read
EURUSD slides to weakest level since May 2025
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.
20 h ago7 min read
A Single Trendline Is Dividing Forecasters as Dollar Sits Near 18-Month High
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.
12/10/2026 06:1213 min read
FX option expiry list for 12 October shows light schedule
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.
12/10/2026 04:325 min read
RBI steps curb rupee bets, pointing to 1% gain
The Indian rupee is set to rally about 1% after the RBI imposed measures to curb corporate hedging, with offshore trading signaling gains.
12/10/2026 01:5513 min read
Yuan midpoint seen at 6.6977 by Reuters ahead of PBOC daily fix
Reuters expects the PBOC to set its USD/CNY midpoint at 6.6977, still softer than market forecasts.
12/10/2026 00:3210 min read
Indicative forex rates for Monday open, October 12, 2026
Forex indicative rates for Monday open show little change from late Friday; Japanese market is closed for a holiday.
11/10/2026 19:411 min read
Stocks bounce back, Canadian dollar drops after jobs miss
U.S. stocks rebounded Friday, but weak Canadian jobs data and higher inflation expectations weighed.
09/10/2026 21:3324 min read
US dollar's slide on OpenAI revenue miss signals AI bubble playbook
The US dollar fell alongside tech stocks after a report showed OpenAI revenue below expectations, suggesting a potential shift in AI bubble dynamics.
09/10/2026 18:5110 min read
USDCHF boxed in 50-pip range since midday Monday — what does that signal?
USDCHF has stayed within a band of about 50 pips since midday Monday, with moving averages near 0.8322 signaling an absence of trend.
09/10/2026 15:127 min read
Reuters poll sees PBOC yuan midpoint at 6.7973
The PBOC is expected to set the USD/CNY reference rate at 6.7973, according to a Reuters estimate.
09/10/2026 00:3410 min read
Dollar strength threatens to trigger a harmful loop in Asian emerging economies
A strong dollar is putting pressure on Asian emerging markets like Thailand and Indonesia, risking a vicious cycle of capital outflows and weaker currencies.
08/10/2026 06:4110 min read