Americas Insights

October 23, 2026

Weekly Chart USD Index DXY: Room for a limited test lower - background studies remain positive

October 23, 2026 11:46 AM UTC

The break below 102.00 has reached congestion support at 101.50

Pakistan Country Risk Rating

October 23, 2026 10:00 AM UTC

Overall risk in Pakistan remains at a high rating.

Chart USD/CHF Update: Limited tests higher

October 23, 2026 8:30 AM UTC

Choppy trade above congestion support at 0.8200 is giving way to a bounce

Chart USD Index DXY Update: Edging higher in range

October 23, 2026 8:02 AM UTC

Consolidation at support within the 101.50 range highs and the 101.58 weekly low of 16 October is giving way to a bounce

EUR/USD, EUR/GBP flows - PMI keeps France in the headlines

October 23, 2026 7:43 AM UTC

Weakening in PMIs, with France dropping well below 50
Adds to current headaches, and puts core bond and ECB pricing in focus

Chart EUR/USD Update: Leaning lower

October 23, 2026 7:41 AM UTC

Cautious trade has given way to a minor drift lower

Chart GBP/USD Update: Turning away from strong resistance at 1.3400/05

October 23, 2026 7:28 AM UTC

Consolidation around strong resistance at congestion around 1.3400 and the 1.3405 Fibonacci retracement has given way to a pullback

EUR/USD, USD/JPY, EUR/GBP flows - CPI, retail sales, Moody's

October 23, 2026 7:10 AM UTC

Quiet session. Japan CPI confirmed as nudging through target
GBP off a fraction out of soft retail sales data, choppy data but some slowdown hinted
Moody's France review after the close, further front running seen yesterday

Weekly Chart USD/JPY Update: Retracing the September rally

October 23, 2026 7:10 AM UTC

Consolidation within the 158.50/157.00 area has given way to sharp losses to retest support at the 156.50/156.00 area

Chart GBP/USD Update: Pressuring the 1.3400 level

October 23, 2026 1:54 AM UTC

Still limited above the 1.3400 level but pressure remains on the upside

Chart EUR/USD Update: Consolidating below 1.1275 resistance

October 23, 2026 1:47 AM UTC

Little change, as prices extend consolidation below the 1.1275 resistance

Chart USD/JPY Update: Retest 156.50/156.00 support

October 23, 2026 12:56 AM UTC

Choppy trade around the 158.00 level has given way to break of the 157.50 support to see sharp drop to retest the 156.50/.156.00

Chart NZD/USD Update: Consolidating at .5710 high, room for higher later

October 23, 2026 12:39 AM UTC

No follow-through on break above the .5700 level as prices settled back to unwind overbought intraday studies

Chart AUD/USD Update: Consolidating

October 23, 2026 12:24 AM UTC

Settled back from the .7036 high as prices consolidate strong gains from the .6900 double bottom and unwind overbought intraday studies

October 22, 2026

Chart USD/BRL Update: Choppy trade - background under pressure

October 22, 2026 4:08 PM UTC

The anticipated minor retest higher has extended to reach 5.1000

Chart USD/CAD Update: Consolidating test of 1.4015 Fibonacci retracement - studies under pressure

October 22, 2026 3:47 PM UTC

Consolidation has given way to a test of support at the 1.4015 Fibonacci retracement

Chart AUD/USD Update: Consolidating gains

October 22, 2026 1:46 PM UTC

The run to 0.7035 is giving way to profit-taking

Taking stock of France relative performance and degrees of 'contagion'

October 22, 2026 1:04 PM UTC

Ranking outright spreads and 3mth changes shows where credit leakage pressure is being felt to date

Chart USD/JPY Update: Lower in JPY-dominant trade

October 22, 2026 1:02 PM UTC

Cautious trade around 158.00 has given way to anticipated losses in JPY-dominant trade

Iran Country Risk Rating

October 22, 2026 10:00 AM UTC

Overall risk in Iran remains at a very-high rating.

FX Daily Strategy: N America, Oct 22

October 22, 2026 9:04 AM UTC

Positioning and oversold conditions obstructing euro follow through traction; downside focus switching to options protection
AUD lifted by short-covering and momentum swing towards a Nov hike pricing
JPY and CHF winning the haven battle
Focus remains news driven rather than calendar-centric

EUR/CHF, EUR/JPY flows - new France wides, Belgium >100, old-school JPY and CHF bids

October 22, 2026 8:39 AM UTC

CHF and JPY back in their 'traditional' safe haven roles
New France wides ahead of Moody's and Belgium widening

Chart USD/CHF Update: Leaning lower in both USD- and CHF-driven trade

October 22, 2026 8:10 AM UTC

Cautious trade is giving way to fresh losses in both USD- and CHF-driven trade

Chart USD Index DXY Update: Leaning lower

October 22, 2026 7:46 AM UTC

Cautious trade is giving way to a drift lower

Chart EUR/USD Update: Consolidating

October 22, 2026 7:39 AM UTC

Little change, as mixed intraday studies keep near-term sentiment cautious