Dollar slips as Fed Chair Warsh avoids prejudging October: Oct 18, 2026
The Dollar Index slipped on the week as focus centered on new Fed Chair Warsh, who said he would not prejudge the October decision. The move showed across counterparts, with the euro recovering, the British pound hitting three-week highs near 1.3350, and the Canadian dollar heading for its first weekly gain in six weeks.
Updated
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Headlines (10)
Carried over from earlier days
- Forex Today: US Dollar extends slide as Fed Chair Warsh refrains from hinting at rate pathFXStreet
- Euro recovers further against US Dollar amid AI sell-off narrativeFXStreet
- US Dollar: Flatter curve supports currency – INGFXStreet
- British Pound hits three-week highs near 1.3350 as the US Dollar tumblesFXStreet
- Rate Hike Odds Tumble After Warsh Does Not Address October FOMC MeetingZeroHedge
- The hunt for Fed OctoberFinancial Times
- Canadian Dollar heads for first weekly gain in six weeksFXStreet
- EUR/USD Weekly Forecast: US Dollar future in the hands of Kevin WarshFXStreet
- Dollar Index slips as Fed Chair Warsh won't prejudge OctoberFXStreet
- US Dollar Weekly Forecast: Down for the week, but far from defeatedFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 18 | ||
| RBA Assist Gov Kent Speaks | AUD | |
| BusinessNZ Services Index | NZD | |
| Trade Balance | -775M | NZD |
| Rightmove HPI m/m | GBP | |
| RBA Annual Report | AUD | |
| IMF Meetings | All | |
| Monday, October 19 | ||
| New Home Prices m/m | CNY | |
| Unemployment Rate | 5.3% | CNY |