Forex & Currency Watch — 2026-10-09
The US Dollar Index (DXY) is trading near 101.80, holding bullish momentum despite a pullback in US Treasury yields. The Euro (EUR/USD) emerged as the top mover, rising 0.2% to 1.1235 as French bond yields corrected sharply, easing fiscal concerns. The primary macro catalyst driving the tape is the upcoming release of US Consumer Price Index (CPI) data and the FOMC minutes, which are expected to solidify rate expectations ahead of the October 28 Fed meeting.
5 min read/15 sources
