Dollar Moves Firmly Higher With Fed Rate Meeting In Focus

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• Asia FX steadies as oil surge weighs on risk appetite, yen holds gains

  Asian currencies and the U.S. dollar were largely subdued on Friday as investors weighed rising energy costs and geopolitical tensions, while the yen held its gains after a safe-haven rally tied to concerns over global growth and tech valuations. The U.S. Dollar Index was flat at 101.60 by 03:33 GMT, near a three-week low and on track for a second straight weekly loss. USD/JPY edged up 0.1% to 156.90 after a nearly 1% drop in the previous session, as the yen reached its highest level in more than a month. Brent crude near $114 a barrel, after a 4% jump on Thursday following attacks in Saudi Arabia, raises inflation risks for energy importers such as Japan, India and South Korea. The Indian rupee extended its losses, with USD/INR up 0.3% to 95.109, while the yuan hovered near four-year lows; the Fed is expected to hold rates at 3.75%-4.00% on October 28, with ECB and BoJ decisions due on October 29 and 30.

  Yahoo Finance·23/10, 04:29▼ USD/JPY▼ AUD/USD• DXY▼ NZD/USDexchange ratesUS dollaroil prices
• Ringgit opens higher vs US dollar , major currencies

  The ringgit opened higher against the US dollar and most major currencies on Thursday as the greenback stayed under pressure ahead of next week's FOMC meeting. At 8 am it traded at 4.0780/0835 per dollar, versus 4.0790/0825 at Wednesday's close. Analyst Mohd Afzanizam Abdul Rashid of Bank Muamalat Malaysia said sentiment remains cautious as investors watch inflation, while Brent hovered around US$108 after an attack on a Saudi oil field. He expects the ringgit to trade within a range today, and it gained against the yen and pound but edged lower against the euro.

  thestar.com.my·22/10, 03:45▼ DXYringgitexchange ratesUS dollar
• Global US Dollar Price Hovers Near 18-Month Peak

  The Dollar Index stood at 102.1 on the morning of Oct. 12, slightly lower from last week but still near the 18-month high set a few days earlier, as Middle East tensions and oil prices kept the dollar elevated. The greenback fell 0.14% against the yen to 158.1 per dollar, while the euro rose 0.1% after five straight sessions of declines, with trading thin due to a Japanese holiday. Investors are awaiting this week's U.S. CPI data, with markets pricing an 81% chance the Fed holds rates steady in October. Barclays sees the dollar's rally possibly pausing in the short term, while Commonwealth Bank of Australia warned that further Houthi attacks on Saudi Arabian energy infrastructure could push oil and the dollar higher. In Vietnam, Vietcombank quoted USD buy-sell rates at 25,660-26,070 dong, unchanged from last week.

  VnExpress·12/10, 05:40▼ AUD/USD▼ EUR/USD▼ GBP/USD▼ NZD/USDUS dollarDXYexchange rates
• Dollar Rises as Traders Weigh Fed DecisionYahoo Finance·29/10, 09:10▲ DXY▼ EUR/USD▼ AUD/USD▼ GBP/USDUS dollarFedDXY
• US Dollar Price Forecast: Fed Holds, DXY Eyes 102.59 as EUR/USD and GBP/USD Rebound

  The dollar steadied after the Federal Reserve held rates at 3.75% to 4% in a 10-2 vote, with two officials favoring a hike, and Chair Kevin Warsh gave no clear steer on December. Traders pared bets on 2027 hikes and two-year Treasury yields dipped to 4.678%, though CME's FedWatch still implies about a 78% chance of at least one hike by December, with the dollar index near 102.26. In Europe, the ECB is expected to hold its deposit rate at 2.5%, with attention on French bond turmoil and whether Christine Lagarde leaves early. In the UK, Chancellor John Healey's first Budget left £15bn of fiscal headroom for 2029-30, down from £23.6bn in March, while the OBR raised 2026 growth to 1.2% but cut its 2027 forecast to 1% from 1.6%. On the 4-hour chart, DXY is trading near 102.23 after retesting the 102.03 support zone.

  Yahoo Finance·29/10, 07:38▼ DXY▲ EUR/USD▲ GBP/USDUS dollarFedinterest rates
• Asian currencies mixed as dollar steadies after Fed hold, PCE eyed

  Asian currencies traded mixed on Thursday as the dollar steadied after the Fed held rates, with investors awaiting U.S. inflation data and policy decisions in Europe and Japan. The Fed kept its policy rate at 3.75%-4.00% in a 10-2 vote, and Chair Kevin Warsh expressed confidence inflation could return to the 2% target without significantly slowing growth, though he offered little clarity on a possible December hike. Markets still priced a 78% probability of a December increase, according to the CME FedWatch tool. The yen edged higher ahead of the Bank of Japan's decision, expected to keep its rate at 1.25%, while the New Zealand dollar fell as much as 1.7% to around $0.5585 after the RBNZ unexpectedly held its cash rate at 2.75%, before steadying at $0.5622.

  Yahoo Finance·29/10, 04:35• DXYFedUS dollarinterest rates

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• Vanguard's Tech ETF Is About 10% Below Its Record. History Says What Usually Comes Next.

  VGT closed at a record $129.80 on Oct. 6 and was around $117 at writing, about 10% lower, after a roughly 4% fall on Friday. The author counts 19 closes at least 10% below a prior record since January 2004; in the 17 cases with a year of follow-up, the fund rose 14 times, with a median gain of around 21%, though these drops did not improve the odds versus its usual 12-month results. The three losing years all followed drops of over 20%, the worst being November 2007, when the fund was about 44% lower a year later. With the Fed holding its rate range at 3.75% to 4% after raising it on Sept. 16, and the fund trading around 33 times earnings, the author would hold rather than sell, but does not see this drop as a bargain yet.

  Yahoo Finance·31/10, 03:46• QQQ• NVDAQQQtech stocksinvestment trusts
• How Much Can People Still Save After Covering Living Costs?

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  CafeF·31/10, 03:42interest ratesinflationcost of living
• National Assembly Delegate: Construction Contractors 'The More They Work, The More They Lose'

  Delegate Trần Thị Vân said published unit prices for some public investment projects are well below market prices, putting contractors at risk of losses, delaying projects and blocking capital disbursement. Delegate Nguyễn Cao Sơn said labor, material and fuel costs have surged as many major projects run at once, with demand for filling sand exceeding 600 million m3 against supply of about 394.5 million m3. Some firms pay workers 900,000 to 1 million VND, versus a standard rate of 300,000–400,000 VND per workday. Delegates proposed risk-sharing for contracts signed before July 1, lower lending rates, debt restructuring, keeping debt groups unchanged until the end of 2027, and recapitalizing four state-owned banks.

  VnExpress·31/10, 03:37▼ CII▼ CTDbanksinterest ratescredit
• Apple Retakes Top Spot From Nvidia With Market Value Above $5,000 Billion

  Apple regained the title of world's most valuable company from Nvidia in trading on October 30: Apple shares fell 1.2% to a market cap of $5,030 billion, while Nvidia dropped 4.2% to $4,930 billion. The sell-off followed disappointing earnings from Intel and Amazon and results below expectations from Alphabet and Meta, fuelling worries about returns on AI spending. Apple has gained 27% in 2026, more than double Nvidia's gain, while it keeps tight control over capital spending, and its free cash flow is projected to rise 38% to $142 billion in fiscal 2026. The Nasdaq 100 fell 6.7% in October, its worst month since March 2025, and Intel shares slid more than 45%.

  CafeF·31/10, 03:31• NVDAAppleNvidiaAI investment
• Bucking Layoff Trend, Google Adds 10,000 Employees

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  CafeF·31/10, 03:25• GOOGLGOOGLemploymentearnings
• Intel Drags Down CPU Rivals. Is it a Buying Opportunity for AMD and Arm?

  Intel's third-quarter results triggered a chip-sector sell-off: its shares plunged 29%, their worst day since 1974, and the VanEck Semiconductor ETF fell 7%. Although revenue rose 21% to $16.5 billion, fourth-quarter guidance of $15–16 billion fell short of the $17.1 billion consensus, as a PC slowdown triggered by memory shortages weighed on revenue and margins. AMD and Arm also fell about 11% and 10%, partly on sentiment, though the article notes AMD has less PC exposure than Intel and posted 107% data center growth in the second quarter. The article suggests investors may want to wait for sentiment to stabilize before buying these CPU stocks.

  Yahoo Finance·31/10, 03:20IntelsemiconductorsAMD