Most Asian currencies moved little on Monday as the dollar drifted lower ahead of a week packed with central bank meetings, most notably the Federal Reserve. The dollar index fell 0.17% in Asian trade after hitting an 18-month high earlier in October. The Fed is widely expected to hold rates at 4.0% on Wednesday, after raising them by 25 basis points in September, its first hike in over three years, as U.S. inflation stays well above its 2% target. Traders will watch comments from Fed Chair Kevin Warsh, along with U.S. third-quarter GDP and September PCE data. The yen was muted before a Bank of Japan meeting, where rates are expected to stay at 1.25% but with a hawkish outlook, while the yuan rose to a four-year high with support from the People's Bank.
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US dollarFedexchange ratesKevin Warshinterest rates
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Related tickers and likely impact
DXY
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
AUD/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 0.70360 |
| Change that session | +0.24% |
EUR/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 1.12044 |
| Change that session | -0.11% |
GBP/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 1.33804 |
| Change that session | -0.15% |
NZD/USD
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 0.57014 |
| Change that session | +0.32% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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