Dollar Slips and Oil Falls as Markets Reprice Fed and Iran Risks
United States. The US dollar is strengthening against the Japanese yen today while posting moderate losses against the euro and the British pound.
Markets
16
October
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By Sagar Dua - 385
EUR/USD. The euro is gaining against the U.S. dollar in EUR/USD, continuing the bullish leg that formed on Tuesday. The pair is testing 1.1655 for an upside breakout as investors digest macroeconomic data.
15
October
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By Sagar Dua
- 364
Walmart Inc. shares, operated through its extensive wholesale and retail network, are trading near 107.00.
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By Sagar Dua
- 360
The U.S. dollar is actively declining against the Japanese yen, testing the 152.00 mark for a downside breakout and updating local lows from October 7. The instrument remains under pressure from political uncertainty as the government shutdown enters its third week. It was reported today that the Senate has rejected the Republican Party’s temporary government funding bill for the eighth time: 49 senators voted against, 45 in favor, while 60 votes were required for approval.
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By Sagar Dua
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EUR/USD. The euro is gaining against the U.S. dollar in EUR/USD, extending a corrective move and attempting to hold above 1.1600, while the fundamental backdrop in the market is changing only marginally.
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By Sagar Dua
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United States. The US dollar is gaining against the euro and pound but weakening versus the yen.
14
October
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By Sagar Dua
- 231
During the morning session, the USD/CHF pair is holding near 0.8030. Market activity remains subdued as U.S. trading floors were closed on Monday due to national holidays, and key macroeconomic reports remain suspended amid a two-week-long government shutdown.
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By Sagar Dua
- 478
The GBP/USD pair is correcting near 1.3348, supported by positive macroeconomic data.
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By Sagar Dua
- 446
The Australian dollar is weakening against the U.S. dollar in the Asian session, retreating after Monday’s brief correction and testing the 0.6480 level. Some support for the pair comes from the minutes of the Reserve Bank of Australia’s (RBA) September meeting, where policymakers kept the cash rate unchanged at 3.60% — the lowest level since April 2023. The document confirmed that inflation remains within the 2.0–3.0% target range, though a moderate rise in consumer prices is possible in Q4 amid deteriorating global conditions due to geopolitical instability and aggressive tariff policy from the Republican U.S. administration. Last week, President Donald Trump announced new 100% import tariffs on Chinese goods in response to Beijing’s restrictions on access to rare earth metals.
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By Sagar Dua
- 443
The euro is gaining in the EUR/USD pair, recovering after yesterday’s bearish impulse. The instrument is testing the 1.1567 level for a possible breakout to the upside as traders assess Germany’s latest inflation data.
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By Sagar Dua
- 369
United States. The U.S. dollar is strengthening against the euro and yen but shows mixed dynamics in the pair with the pound.
13
October
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By Sagar Dua
- 374
The USD/CHF pair is trading in a corrective uptrend near 0.8011, preparing for a potential bullish continuation supported by the Swiss National Bank’s recent monetary policy actions.
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By Sagar Dua
- 301
During the morning session, the USD/CAD pair is consolidating around 1.3990. Market activity remains subdued as both U.S. and Canadian exchanges are closed for national holidays, while investors continue to focus on macroeconomic data.
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