Australia’s NAB Business Confidence Index fell from -9 to -13 in September, marking its third consecutive monthly decline as businesses faced a combination of higher interest rates, global uncertainty and elevated fuel costs. Confidence is now 18 points below its long-run average and ranks among the weakest 5% of readings in the survey’s history. NAB…
The euro has fallen to a 17-month low against the US dollar. EUR/USD touched 1.1161 on Oct. 5, its weakest level since May 2025. The pair has lost more than 3% in five weeks and traded near 1.1182 on Monday. Analysts increasingly see the slide as a euro problem rather than a dollar story. Why…
UnitedHealth, JPMorgan Chase, Goldman Sachs, Johnson & Johnson and Domino’s Pizza are scheduled to report third-quarter 2026 earnings before the market opens, giving investors fresh insight into healthcare demand and consumer spending. Written by: Skerdian Meta • Monday, October 12, 2026 • 3 min read • Last updated: Monday, October 12, 2026 Add an article…
The dollar index DXY, which measures the greenback against a basket of major currencies, was last up 0.36% at $102.58 and remains up over 4% for the year to date. Dollar weekly moves and key drivers: Over the past week, the index registered its fourth consecutive week of gains, pushing the greenback to its highest level…
The US currency remains strong. The euro is struggling due to the budget crisis in France. The US dollar opened the week at 18-month highs and near the upper limit of last week’s trading range. The DXY remains closely correlated with oil prices and came under pressure at the start of the day, but soon…
Morgan Stanley has hired Christopher Smith from Societe Generale as vice president, FX options trader. Smith confirmed his new role via an announcement on social media. He joins from Societe Generale Corporate and Investment Banking (SGCIB), where he worked for just over three years. Initially, Smith joined the French bank in London in October 2023…
EURUSD eases further on Monday, pressuring new 2026 low (also the floor of one-week consolidation), driven by stronger dollar and crude oil. Near-term risk is expected to remain shifted lower as markets anticipate further rise in US consumer prices (data due on Wednesday) that would boost bets for Fed entering tightening cycle (despite wide expectations…
Fresh recovery attempts in early Monday stalled again on approach to psychological 0.7000 resistance, as oil prices and dollar strengthened and deflated risk sentiment. Repeated failure to clear initial Fibo resistance at 0.6982 (23.6% of 0.7237/0.6903) and rejection under 0.70, warn that recovery from 0.6903 (Oct 1 low) may be limited and keep larger downtrend…
By Christopher Lewis Christopher L. Created on October 12, 2026 The silver market continues to see a lot of noisy behavior, as interest rates have been suppressing prices recently. Silver The silver market has rallied rather significantly during the trading session on Friday, bouncing from below the psychologically important $60 level. At this point, part…
TL;DR: The Australian Dollar remains directionless as RBA hike-timing bets stay split across November, December and February, leaving AUD/NZD, AUD/CAD and GBP/AUD range-bound while AUD/USD tracks the Dollar and EUR/AUD tracks Euro weakness—with October 28’s quarterly CPI, not this week’s minutes or jobs data, likely the real catalyst. Why This Matters The Australian Dollar enters…