FX Daily Report — October 9, 2026
Dollar and yen buying is easing as crude oil and U.S. yields pause. Key levels are 158.00, 158.42 and 158.50, with U.S. consumer sentiment and Canadian employment data in focus.
November has seen the formation of a steady downtrend in the US dollar (USD) exchange rate.
The Dollar Index (DXY), a key index reflecting USD strength or weakness, showed a golden cross with the 10-day and 21-day moving averages early in November. Since then, resistance has been observed at the 21-day and 10-day moving averages. Currently, it has declined to the level of the 200-day moving average. This development has essentially […]
Today’s Economic Indicators Lack Impact, Focus on Statements from Central Bank Officials in the US and Europe
This week, the market seems to be in a state of stagnation, sandwiched between last week’s US employment statistics and the upcoming focus on the US Consumer Price Index next week. The market is unfolding with position adjustments, and confidence in the correlation between the US dollar and US bond yields has decreased. It’s clear […]
Since the beginning of this week, the USD has seen some buying interest return.
Last week’s US employment statistics showed weaker-than-expected unemployment rates and job numbers, causing the USD to weaken alongside a drop in US bond yields. However, at the start of this week, with no specific catalysts in sight, a correction seems to be taking place. The depth of this correction varies among different currency pairs. EUR/USD […]
What is the connection between USD value and US inflation?
The value of the US Dollar (USD) and US inflation are closely connected, as they both relate to the overall health of the US economy. Inflation is the rate at which the general price level of goods and services in an economy is increasing over time, which subsequently leads to a decrease in the purchasing […]
Gentle appreciation of the dollar, development while confirming the US index
The dollar exchange rate has been steady since the beginning of February. First, it reacted to the stronger-than-expected U.S. jobs report released in early February. Following this, a series of US economic indicators such as US retail sales and the US consumer price index exceeded forecasts, which supported the dollar exchange rate. However, the […]
The dollar index is strong, this week’s series of US indicators are strong, and today’s US PPI, etc.
The dollar market is generally strong this week. Since the beginning of February, the dollar index has shown a golden cross (10-day line above 21 line) at the 10 + 21-day moving average line. Gradually, the 10-day line is being recognized as a support level. In terms of material, the fact that a series of […]
Conscious of strong USD trend
In the market at the beginning of the week, USD-buying is generally dominant. The USD/yen has crossed the mid-140 yen level. However, there is also a somewhat cautious stance on buying from here. Fed President Bullard’s hawkish remarks last Thursday took a step back from widespread market expectations of a correction in the rate hike […]
Dollar-yen temporarily leveled at 147.59, yen-selling gains momentum again at President Kuroda’s press conference
In the early stages of London, the dollar/yen rose from the 147 yen level to a high of 147.59. The cross yen is also bought, and the yen is selling. The euro/yen rose from around 146 yen to the 146.79 level, and the pound/yen rose from around 169 yen to the 170.00 level. Kuroda, […]
Continued strong dollar trend, but violent fluctuations No conspicuous US economic indicators over the weekend
The dollar has strengthened further this week, but it has fluctuated nervously due to adjustments. The most volatile movement was the movement after the release of the US consumer price index on the 13th. Although the year-on-year rate of increase has slowed since the previous survey, the level of inflation exceeded market expectations. As expectations […]