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Related tickers and likely impact
DXY
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/15/2026 | 101.98 |
| Change that session | -0.53% |
GBP/USD
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/15/2026 | 1.32767 |
| Change that session | +0.61% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Sterling set for third weekly rise against euro , hits 3 - week high vs dollar
Sterling was on track for a third straight weekly gain against the euro, with the single currency under pressure after the French bond selloff at the start of the month. The pound hit its highest level against the dollar in more than three weeks on Friday and was set to end a four-week losing streak. Britain's economy beat forecasts in August, with a further jump in computer programming showing AI is boosting growth. Finance minister John Healey said his first budget, due October 29, would offer “a bit of breathing space.” According to LSEG data, markets expect the Bank of England to raise rates by 25 basis points at its November 5 meeting.
- Dollar Pressured as Fed Chair Powell Refrains from Forward Guidance
The dollar index (DXY) fell to a two-week low, down 0.34%, after Fed Chair Powell gave no guidance on monetary policy or the economy in a speech at the annual IMF meeting in Bangkok. The lack of forward guidance put pressure on the dollar.
- Dollar firmer , euro weakens as French protests turn violent
The euro fell 0.1% to US$1.1225 in early Asian trade, helping steady the dollar index at 101.83. French President Emmanuel Macron condemned 'shocking' violence at cost-of-living protests in a televised address, a day after France suffered one of its worst days of unrest in years. Analysts said the unrest affects the euro mainly through French bonds rather than directly. Elsewhere, the dollar was flat at 158.00 yen, Brent crude fell 1.7% to US$108.02 after Trump waived sanctions and tariffs on Russia, and bitcoin rose 1.4% to US$82,067.66.
- Euro weakens against most G10 currencies
The euro fell against most G10 currencies as the conflict in Ukraine escalated and protests spread across France, weakening confidence in the single currency. In early Asian trading, the euro dropped as much as 0.5% against the US dollar, touching 1.1183 USD/euro before trading around 1.1212 USD/euro at 7:02 a.m. Singapore time on October 19. Carol Kong, a strategist at Commonwealth Bank of Australia, said the euro could fall to support at 1.1130 USD/euro this week, especially if the dollar strengthens on geopolitical tensions. High energy costs threaten European economic growth and keep inflation risks elevated. The euro was the weakest G10 currency over the past month and last week fell to its lowest level since May 2025.
- Ringgit expected to trade in tight range against US dollar next week
The ringgit is expected to trade in a tight range of RM4.07 to RM4.09 next week with an upward bias, after Malaysia’s advance estimate showed third-quarter 2026 GDP growth of 5.3%, higher than expected, according to Bank Muamalat Malaysia chief economist Dr Mohd Afzanizam Abdul Rashid. The Department of Statistics Malaysia said all sectors except mining and quarrying supported growth, bringing growth for the first nine months of 2026 to 5.5%. Services remained the main driver at 5.4%, down from 5.9% in the second quarter. On a Friday-to-Friday basis, the ringgit rose against the US dollar to 4.0795/0835 from 4.0830/0875, but weakened against the euro, Japanese yen and British pound, while gaining against the Singapore dollar and Indonesian rupiah. The economist said full-year growth could come in above the current projection of 4.8 to 5.3%.
- Weekly review of Azerbaijani currency market
The Azerbaijani manat held steady against the U.S. dollar from October 12 to 16, with a weighted average rate of 1.7000 manat per dollar, according to Trend's calculations based on Central Bank of Azerbaijan data. Against the euro, the official rate rose by 0.0037 manat, lifting the weighted average by 0.00466 to 1.90514 manat. The official rate for 100 Russian rubles rose by 0.0342 manat, and the weighted average increased by 0.01694 to 2.01922 manat. Against the Turkish lira, the official rate fell by 0.0002 manat, and the weighted average dropped by the same amount to 0.0343 manat per lira.
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PayPal, once a popular growth stock, would now be worth only $187 from a $1,000 investment made at its July 23, 2021 record high. The company had 439 million active accounts in Q2 2026, just 0.3% growth year over year, as competition and a steady decline in take rates weigh on it, while revenue grew 8% in 2023, 7% in 2024 and 4% in 2025. PayPal is leaning on Braintree, Venmo and monetization of existing users, while cutting costs and buying back shares to lift EPS. The stock trades at about 11 times this year's EPS, versus 87 times the $3.52 EPS at its 2021 peak, and analysts expect 5% revenue and 4% EPS CAGRs for 2025–2028. The author sees limited downside but would only consider buying if the 1% forward dividend yield rose.
- Amazon stockpiles Nvidia AI hardware ahead of power availability -Business Insider
Amazon has agreed to buy billions of dollars of Nvidia GPUs before its data centers have enough power to run them, according to internal August emails obtained by Business Insider. Under a new Early Rack Receipt program, the company is taking delivery of about $5 billion in Nvidia GB300 server racks at U.S. facilities, with plans to accept another $3 billion each month. Because several AWS sites lack the utility capacity to energize servers, some hardware sits idle in warehouses as dark GPUs, tying up capital before it generates cloud revenue. The move comes as Amazon projects roughly $220 billion in capex this year and posted negative free cash flow last quarter for the first time since 2023. An Amazon spokesperson called the staging a best business practice for rapid installation once power arrives and disputed reports that the company lacked a clear path to bring the sites online.
- Anthropic Is in Talks for Another $45 Billion AI Deal. Nvidia Could Be a Big Winner.
Anthropic, the company behind Claude, is reportedly in talks with British neocloud provider Nscale to expand an existing compute deal by about $45 billion in contract value, which would bring its total Nscale commitment to roughly $90 billion. The proposed deal would add 460 megawatts of capacity using Nvidia's Vera Rubin chips in a second building at Nscale's Monarch campus in West Virginia, plus a right of first refusal on a planned third building. Nscale's customer base is highly concentrated, with Microsoft and Anthropic accounting for about 85% of its contract value, and Microsoft pulled out of a planned UK data center after power connection delays. Anthropic is preparing an IPO reportedly targeting a $1.5–2 trillion valuation, with 2025 revenue of about $4.6 billion, $7.33 billion spent on computing and infrastructure, and an operating loss of over $8 billion.
- Boeing wins FAA approval for 737 Max 10 after years of delays
The FAA certified Boeing's 737 Max 10 on Tuesday after years of delays, making it the last model in Boeing's best-selling jet family to receive government approval. The approval came weeks after federal officials reviewed a navigation system glitch and deemed it not a safety-of-flight issue. The Max 10, the largest model in the family, was originally slated to fly in 2020, but heightened scrutiny after two Max crashes in 2018 and 2019, along with other safety issues including engineering changes to an engine anti-icing system, delayed certification. Orders for this aircraft make up about 30% of Boeing's backlog, with customers including Alaska Airlines, American Airlines, United Airlines and Delta Air Lines. United's CEO said the lie-flat seats the airline expected for the plane are now sitting in a warehouse because the wait was so long.
- Prediction: Micron Could Turn a $5,000 Investment Into This by 2030
Micron's stock was up 334% over the past 12 months and 208% year to date through the close on Oct. 16, as AI demand drives interest in memory and storage makers. From fiscal 2025 to fiscal 2026, its operating income rose from $9.77 billion to $99.34 billion, while gross margin climbed from 39.8% to 80.7%. The author projects fiscal 2027 revenue of $318 billion and assumes growth of 30% in fiscal 2028 and 25% in fiscal 2029, reaching about $517 billion in fiscal 2030. At 6.5 to 8 times sales, that implies a valuation of $3.36 trillion to $4.14 trillion versus $994 billion today, which would grow a $5,000 investment to $16,900–$20,800; at a more conservative 3 to 4 times sales, the range is $7,800–$10,400. The author concludes a $5,000 investment could reach at least $15,000 by 2030, while acknowledging that memory is cyclical and prices may cool once supply catches up.
- Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
Switzerland's financial regulator FINMA announced on Tuesday, Oct. 20, that it approved the country's first retail exchange-traded fund investing directly in Bitcoin, classified as an alternative investment fund. FINMA waived the usual risk diversification rules, citing Bitcoin's long trading history and high trading volume compared with other cryptocurrencies. The regulator did not name the fund or its issuer and gave no launch date, though other providers have submitted or announced applications for Bitcoin ETFs. Under FINMA guidance, a Swiss custodian bank generally must hold the fund's Bitcoin, and sales must follow Swiss conduct rules, including warnings about volatility and the risk of losing money. Meanwhile, U.S. spot Bitcoin ETFs were down about $615 million for October through Friday, while BlackRock's IBIT was the only fund with net inflows on Monday, taking in $665.2 million.
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