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October 08, 2026

AUD/USD, EUR/AUD flows - AUD Underappreciated
Paying Article

October 8, 2026 3:01 PM UTC

The USD rally against most DM currencies since early September has dragged along the AUD, which is little changed over the last month versus the EUR!

Preview: Due October 9 - Canada September Employment - Only a modest rise after a sharp decline
Paying Article

October 8, 2026 12:53 PM UTC

We expect Canadian employment to increase by a marginal 5k in September after 41.7k decline in August, though a second straight decline after three straight healthy gains is a significant risk. We expect the unemployment rate to increase to 6.5% after two months at 6.4%.

ECB Minutes Showed Unanimous Support for September’s hike
Freemium Article

October 8, 2026 12:47 PM UTC

Minutes to the September meeting at which the deposit rate was increased by 25bps to 2.75% was backed by all members of the committee. The next meeting takes place in October 29th and it’s unlikely that the macro picture will have changed much in the next three weeks. One obvious discussion point

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ECB Minutes Showed Unanimous Support for September’s hike
Freemium Article

October 8, 2026 12:46 PM UTC

Minutes to the September meeting at which the deposit rate was increased by 25bps to 2.75% was backed by all members of the committee. The next meeting takes place in October 29th and it’s unlikely that the macro picture will have changed much in the next three weeks. One obvious discussion point

US Initial Claims remain very low but not a clear signal for October's payroll
Paying Article

October 8, 2026 12:42 PM UTC

Initial claims at 197k remain very low, down by 2k from 199k with last week’s number revised from 197k. Continued claims saw a modest upward correction of 17k, the first increase in five weeks, to 1.716k with last week revised to 1.699k from 1.701k.

U.S. Fed's Waller - Consistent with message from the minutes
Paying Article

October 8, 2026 12:02 PM UTC

Fed's Waller expects further rate hikes, but not necessarily at consecutive meetings. 

EUR/USD, EUR/JPY flows - EUR Weakness as French Bonds Fail to Bounce
Paying Article

October 8, 2026 12:01 PM UTC

USD is trading sideways against USD/JPY and Cable, but has gained against the EUR.

FX Daily Strategy: N America Oct 8
Paying Article

October 8, 2026 10:00 AM UTC

·       USD watching U.S. Treasuries   
·       ECB monetary accounts and France
·       GBP safe haven

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Indonesia Country Risk Rating
Paying Article

October 8, 2026 10:00 AM UTC

Overall risk in Indonesia is at a medium rating.

EUR/USD, USD/JPY flows - Trump New Iran Attack?
Paying Article

October 8, 2026 9:30 AM UTC

 The USD has not been moved by new reports from Axios that the Trump administration is discussing plans for a new attack on Iran.  

EUR/GBP, GBP/USD flows - Soft Credit Conditions and BOE Bailey
Paying Article

October 8, 2026 8:44 AM UTC

 The BOE credit conditions survey shows soft credit supply and demand for small to mid sized corporates. 

Weekly Chart AUD/USD: Room to extend September losses
Paying Article

October 8, 2026 6:47 AM UTC

Has seen bounce at the .6900 level and channel support from the March low as prices consolidate losses from the September high

EUR/USD, USD/JPY flows - USD Trading Sideways
Paying Article

October 8, 2026 6:45 AM UTC

The USD is trading sideways in early Europe, with the FOMC minutes having reinforced the view that the next hike will be in December from the Fed.  

FX Daily Strategy: Europe Oct 8
Paying Article

October 8, 2026 4:30 AM UTC

·       USD watching U.S. Treasuries   
·       ECB monetary accounts and France
·       GBP safe haven

Chart USD Index DXY Update: Holds firm above 101.80/101.65 support
Paying Article

October 8, 2026 2:32 AM UTC

Back to pressure the upside following bounce from support at the 101.80/101.65, June/July highs

Chart NZD/USD Update: Ranging above .5580/.5578 lows
Paying Article

October 8, 2026 2:17 AM UTC

Little change, as prices extend choppy trade above the .5580/.5578 Monday and November lows after failing to clear resistance at the .5625

Chart GBP/USD Update: Settled back to consolidate at 1.3200/1.3180 support
Freemium Article

October 8, 2026 1:50 AM UTC

Settled back in choppy trade as resistance at the 1.3273/1.3300 area keep bounce attempt in check

Chart EUR/USD Update: Settled back in consolidation
Paying Article

October 8, 2026 1:34 AM UTC

Gave way to selling pressure below minor resistance at 1.1285 and break of the 1.1210/00 support has seen return to the 1.1161 low

Chart USD/JPY Update: Extend consolidation around 158.00
Paying Article

October 8, 2026 12:44 AM UTC

Choppy in range as prices extend consolidation around the 158.00 level with bounce attempt kept in check at the 200-day MA

Chart AUD/USD Update: Settled back in consolidation below .7000
Paying Article

October 8, 2026 12:27 AM UTC

Settled back just below the .7000 level as consolidate bounce from the .6900 low

October 07, 2026

North American Summary and Highlights 7 October
Paying Article

October 7, 2026 6:56 PM UTC

Overview - The USD was firmer on the day, but came off the highs in North America as gains in oil faded. 

FOMC Minutes: Hawkish but no clear signal on October
Paying Article

October 7, 2026 6:41 PM UTC

FOMC minutes from the September 15-16 meeting show unanimous support for the 25bps tightening that was delivered with increased upside risks to inflation and balanced risk to employment seen. Most participants stressed that another tightening would be likely be appropriate before year end but they e

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FOMC Minutes: Hawkish but no clear signal on October
Paying Article

October 7, 2026 6:40 PM UTC

FOMC minutes from the September 15-16 meeting show unanimous support for the 25bps tightening that was delivered with increased upside risks to inflation and balanced risk to employment seen. Most participants stressed that another tightening would be likely be appropriate before year end but they e

New York Fed survey shows near term U.S. inflation expectations higher in September, but stable on a 5-year view
Paying Article

October 7, 2026 3:24 PM UTC

The New York Fed’s inflation expectations survey still shows the 5-year view stable at 3.0%, despite the 1-year view accelerating to 3.9% from 3.6%, reaching its highest since June 2023.

FX Daily Strategy: Asia Oct 8
Paying Article

October 7, 2026 3:00 PM UTC

·       USD watching U.S. Treasuries   
·       ECB monetary accounts and France
·       GBP safe haven

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