Dollar in focus before Fed rate hints and $11 billion expiry: Oct 25, 2026
The dollar is in focus ahead of a busy central-bank week, with the Federal Reserve meeting drawing attention for any hints on rate rises. Five G10 central banks are also meeting, with focus on possible hikes from the Reserve Bank of New Zealand and the Bank of Canada. The backdrop includes falling yields as tech stocks declined, alongside positioning before an $11 billion expiry spanning stocks, Bitcoin and DXY.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
Headlines (21)
First seen on October 25
- Will the Fed drop any hints on rate rises?Financial Times
- Fed Week Puts Stocks, Bitcoin, and DXY on Collision Course Before $11 Billion ExpiryBeInCrypto
Carried over from earlier days
- Euro edges higher as USD selling remains unabated; France's debt worries cap gainsFXStreet
- United States Dollar Index struggles due to weak tech earningsFXStreet
- Indonesian Rupiah strengthens against US Dollar as safe-haven demand shiftsFXStreet
- FX Daily: Dollar has lost its safe-haven crownING Think
- Euro remains depressed after unimpressive PMIs; struggles near 1.1200 vs recovering USDFXStreet
- EURUSD Failed to Break Through the French BarrierActionForex
- investingLive European session wrap: Equities cautious as Treasury yields rebound, oil holds firmInvestingLive
- How have interest rate expectations changed after this week's events?InvestingLive
- Federal Reserve preview: A pause before a December hikeING Think
- U.S. Manufacturing PMI Exceeds Expectations, Signals Sector ExpansionInvesting.com
- US PMI Composite Eases to 57.6 as Selling Prices Rise Fastest Since 2022ActionForex
- Federal Reserve: October hold raises December hike odds - TD SecuritiesFXStreet
- Euro slips toward 1.1200 as US economic strength overshadows EurozoneFXStreet
- US Business Activity Growth Holds Close to 5-Year HighHellenic Shipping News
- Global markets tumble amid fears of reigniting Middle East tensions, AI concernsaa.com.tr
- AIpocalypse Not Now. Economy Is Running Hot: Lots of Growth, Lots of Inflationwolfstreet.com
- Economics Week AheadActionForex
- The Weekly Bottom Line: Yields Fall as Tech Stocks Sell OffActionForex
- Week Ahead: Five G10 Central Banks Meet and Reserve Bank of New Zealand and the Bank of Canada are Most Likely to Hikemarctomarket.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 25 | ||
| Daylight Saving Time Shift | GBP | |
| Daylight Saving Time Shift | CHF | |
| Daylight Saving Time Shift | EUR | |
| Bank Holiday | NZD | |
| RBA Assist Gov Jones Speaks | AUD | |
| Trade Balance | JPY | |
| Fed Monetary Policy Report | USD | |
| Monday, October 26 | ||
| M3 Money Supply y/y | EUR | |