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Thursday, 15 October 2026

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Breaking: Bank of England keeps its policy rate at 3.75%

At its September meeting, the Bank of England (BoE) held its policy rate at 3.75%, as markets had anticipated. The vote, however, exposed a split on the Monetary Policy Committee (MPC) as three members supported a 25-ba…

Indian Rupee finds interim support from RBI's intervention

The Indian Rupee (INR) finds some buying interest against the US Dollar after a weak opening on Thursday. According to a Reuters report, the Indian central bank has likely intervened to limit the decline in the Indian R…

Trump demands 1% rates hours after the Fed raised them

Trump posted on Wednesday that US rates should be 1% or less and that the country has the strongest credit anywhere. He also wrote that cutting off trade with every nation the US runs a deficit with would earn at least …

The Euro breaks lower once the Fed raises rates

The Euro (EUR) trades just under 1.1500 against the US Dollar (USD) on Wednesday, through the pair of long-run averages that had held it up since early August. Both central banks in this pair have raised rates inside a …

US Dollar: Fed repricing risk caps downside – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes the US Dollar (USD) has outperformed G10 peers on expectations the Fed will deliver around 100 bps of tightening over 12 months, but warns this may be excessive. They see…

Canadian Dollar: BoC hawkish tilt and key levels – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret report USD/CAD is steady near 1.39 as markets await the Federal Reserve (Fed) and the Bank of Canada’s (BoC) summary of deliberations. They note the BoC is likely to…

US Federal Reserve sends Gold to fresh one-month lows

Spot Gold (XAU/USD) is closing Wednesday with losses, trading around $4,250 after hitting an intraday high of $4,366. The bright metal came under strong selling pressure after the United States (US) Federal Open Market …

Australian Dollar holds ground as Fed decision looms

AUD/USD trades in a narrow range on Wednesday as investors hold back from taking strong positions ahead of the Federal Reserve’s (Fed) monetary policy announcement. At the time of writing, AUD/USD trades around 0.7134, …

United Kingdom: BoE hold view reinforced – Nomura

Nomura’s Global Markets Research team, including Josie Anderson, George Buckley and Andrzej Szczepaniak, notes that UK CPI data for August came in broadly as expected, with headline inflation at 3.1% and core and servic…

Dow Jones Industrial Average huddles ahead of Fed action

The Dow Jones Industrial Average trades just above 52,100 and has spent the morning going nowhere, on the day the Federal Reserve is expected to raise its rate for the first time since 2023. That is not indifference. A …