Archive: October 2026
Five central banks decided, and gold ended the week at a one-year low
Gold fell 3.54% on Friday to $3,875.18, its lowest since early October 2025, after a week in which five central banks decided. USD/CAD closed below the 1.3985 level named in last week's tell, and EUR/USD now faces 1.1103 and 1.1269.
Gold sinks 3.54% to a one-year low as two Fed hawks call for more hikes
Gold fell 3.54% to $3,875.18 and silver closed below $50. USD/CAD closed under 1.3985, the tell in our weekly wrap, and two Fed officials called for more hikes.
Euro hits a 17-month low after the ECB holds, then closes higher
EUR/USD hit a 17-month low after the ECB held, on the day it announced Lagarde's exit, then closed 0.24% higher. Gold held above $4,000.
Surprise RBNZ hold sinks NZD/USD 0.99% as the Fed splits 10–2
The RBNZ held its cash rate when markets expected a hike, and NZD/USD fell 0.99%. The Bank of Canada hiked to 2.50%, and the Fed held with two votes for a hike.
EUR/USD falls 0.43% for a fifth lower close on French bond worries
EUR/USD closed lower for a fifth session as pressure on French bonds returned, Action Forex said. USD/JPY closed back above 157.50 and gold closed above $4,000 again.
USD/CAD ends a seven-session slide and gold closes back above $4,000
Traders bought dollars before the Fed and the yen gave back about half its two-day gain, FXStreet said. Gold closed at $4,011.69 as oil eased.
Inducement vs liquidity sweep vs stop hunt: is it the same move?
Inducement is the level, a sweep the event, a stop hunt the story. In five years of our data, price took yesterday's high in half of all sessions and came back in half of those.
What was the 2020 dash for cash?
In March 2020 even Treasuries and the yen fell as investors scrambled for dollars, and the Fed's broad dollar index rose 7.6% in two weeks. What was the dash for cash?
Gold closed the week below $4,000 as oil and the yen climbed
Gold fell 4.05% on the week to $3,999.79, its first close below $4,000 on our feed, as oil broke higher and the yen broke out of its range. EUR/USD never left last week's lines, and USD/CAD now faces 1.3985.
Gold closes below $4,000 as oil climbs to its highest since May
Gold fell 0.70% to $3,999.79, a close below $4,000, and oil rose to its highest since May. USD/CAD posted a seventh lower close in a row.
What was the taper tantrum?
In 2013 the Fed only hinted it would slow its bond buying, and the 10-year yield jumped from 1.66% to 2.98%. What was the taper tantrum, and why did the rupee lose 22%?
Raw spread vs standard account: which one is actually cheaper?
A raw account charges a commission; a standard one builds its cost into the spread. The cheaper one depends on the pair: the same $7 is 0.70 pips on EUR/USD and 1.10 on USD/JPY.
USD/JPY breaks its 157.50 floor and gold drops 2.6% to $4,028
The yen gained the most among the majors: USD/JPY fell 0.87% and closed below 157.50, the floor of a 12-session range. Gold dropped 2.58% to $4,027.90.
UK CPI hits 3.5%, French yields top 5%; the pound and euro barely move
UK inflation hit 3.5% and France's 10-year yield topped 5%, yet the pound gained only 0.11% and the euro slipped 0.04%. The Australian dollar gained the most, 0.36%.
What was the 2016 pound flash crash?
On 7 October 2016 the pound lost almost 9% against the dollar in under 40 seconds, then won most of it back. What was the 2016 pound flash crash, and why did it happen?
Oil falls back from $100 on Iran deal reports; the pound gains 0.56%
Unconfirmed reports of a US-Iran deal knocked oil back from $100 and the dollar fell against all seven majors. The pound gained 0.56% after UK jobs data.
French unrest drags the euro; the Aussie gains 0.51% on China's GDP
French unrest weighed on the euro and the dollar rose against four majors. The Aussie gained 0.51% after China's GDP beat; Canada's CPI came in below forecast.
ISM vs S&P Global PMI: why can two surveys of the same month disagree?
ISM and S&P Global both survey US purchasing managers, but they weight the answers differently and can disagree. September 2026 showed it, and an early estimate moved EUR/USD most.
