[MARKET ANALYSIS] DXY lacks directions amid the holiday weekend stateside and after ultimately fading the post-NFP knee-jerk moves, while the Fed also entered a blackout period
Newsquawk Staff ·
DXY: Flat
- Lacks direction after ultimately fading the knee-jerk uplift from the stronger-than-expected NFP report on Friday, with price action quiet overnight amid the holiday closures in North America on Monday and with the Fed currently on a blackout period, while markets will have to wait till much later in the week for US CPI data.
EUR/USD: Flat
- Trades little changed and sits just above the 1.1600 level, with the single currency unfazed by news that the German far-right AfD is set for a big election win in the eastern state of Saxony-Anhalt, but will fall short of achieving a majority, while German Chancellor Merz had warned about further losses of industrial jobs.
GBP/USD: -0.1%
- Marginally softened but just about holds on to the 1.3500 status, with participants looking ahead to comments from UK Chancellor Healey, who is to outline his economic agenda in a major speech on Monday.
USD/JPY: Flat
- Trades rangebound on both sides of the 156.00 level in the absence of any fresh major catalysts from the US or Japan to begin the week, although both their central banks are scheduled for key meetings next week.
Antipodeans: AUD/USD Flat / NZD/USD -0.1%
- Conformed to the uneventful trade across the FX space amid the ultimately mixed risk appetite and with no tier-1 data to spur price action.
- Week in Focus 26-30th October 2026: FOMC, BoC, RBNZ, ECB, BoJ Policy Decisions, US PCE
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call
- Newsquawk Weekly Economic Release 26th - 30th October 2026
- Newsquawk European Market Wrap - 23rd October 2026
- US EQUITY OPEN: Breadth poor at the open: Energy leads gains on oil rally, Tech sees slight bounce
Related headlines
- Daily US Equity Opening News: SPCX explores access to 80K US cell sites; OpenAI nears USD 30bln funding at $1.25T valuation15 hours ago
- White House says President Trump has further modified Canadian products subject to tariffs under Section 338; tariff changes will take effect on 30th October 20268 hours ago
- Russia's Kremlin says Russian and Ukrainian militaries are working to determine dates for ceasefire talks13 hours ago
- US Ambassador to Turkey Tom Barrack says US could strike Iran as soon as this weekend, AFP reports citing an interview on Israeli radio10 hours ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 3.80 HIGHER AT USD 103.27/BBL; BRENT (Z6) SETTLES USD 3.55 HIGHER AT USD 116.72/BBL9 hours ago
- US President Trump expected to remove some tariffs on Canada in a bid to help Senator Susan Collins, WSJ reports10 hours ago
- US President Trump says they are "very close" to a deal with Mexico. Canada is working hard to make a deal.13 hours ago
- US President Trump says he discussed the North Sea with the UK PM. Conversation also include Iran and Ukraine.13 hours ago
- Foreign Ministers of Egypt, Saudi Arabia, Turkey and Pakistan say ‘Israeli occupation is the main source of instability in the region and beyond’, according to a statement9 hours ago
- Citi says it remains neutral on copper until more energy-market and tariff clarity emerges; views any associated risk-off episodes as good long-term buying opportunities9 hours ago
- Senior Ukrainian Official says that a ceasefire in Russian-occupied Oleshky is to be established soon13 hours ago
- US President Trump says we’re close to ending, I hope, the Russia-Ukraine war8 hours ago
- US President Trump, on Iran, says we may do another operation against Iran; doubts Iran will say ‘let’s get down to business’8 hours ago
- The Trump administration plans to introduce voluntary “US Caught Seafood” labels to help consumers identify seafood origins, according to CBS12 hours ago
- US President Trump says "we could end the Iran war very quickly", adds "do we want to finish it or let it within is the question"13 hours ago