News · businesstimes.com.sg

Greenback heads for weekly fall as investors gauge AI sell - off impact

The US dollar was on track for its first weekly decline in over a month against the euro and yen, with the dollar index down 0.35% to 101.70 and set for a 0.55% weekly fall. Investors are weighing the impact of an AI stock sell-off that has spread to the credit market, as worries grow that data-centre operators may not become profitable in time to repay their debts. The Swiss franc is expected to be the biggest beneficiary given its safe-haven status and was set for a 0.85% weekly gain against the dollar. ING's Chris Turner said the dollar is likely to consolidate near recent highs unless AI stocks fall sharply again, while markets priced an 87% chance that the Fed keeps rates unchanged in October. The euro rose 0.33% to US$1.1258, and the yen was on track for a 0.24% weekly gain after four consecutive weeks of declines.

Summary written by Upside AI from the original article. Read the source for full details.

Read the original on businesstimes.com.sg ↗

Related tickers and likely impact

DXY

▼ Likely negative

Relevance: medium

MarketCurrencies
Close on 10/15/2026101.98
Change that session-0.53%
DXY price, forecasts and signals →

EUR/USD

▲ Likely positive

Relevance: medium

MarketCurrencies
Close on 10/15/20261.12214
Change that session+0.57%
EUR/USD price, forecasts and signals →

GBP/USD

▲ Likely positive

Relevance: medium

MarketCurrencies
Close on 10/15/20261.32767
Change that session+0.61%
GBP/USD price, forecasts and signals →

NVDA

▼ Likely negative

Nvidia

Relevance: medium

MarketUS stocks
SectorInformation Technology
IndustrySemiconductors
Market cap$5.2T
Close on 10/15/2026217.23
Change that session-1.84%
NVDA price, forecasts and signals →

USD/JPY

▼ Likely negative

Relevance: medium

MarketCurrencies
Close on 10/15/2026157.995
Change that session-0.21%
USD/JPY price, forecasts and signals →

XAU/USD

▲ Likely positive

Relevance: medium

MarketGold
Close on 10/15/20264,170.88
Change that session+1.59%
XAU/USD price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • The sorrow of Europe's “big brother” economy: Bonds keep selling off heavily after a “turbulent weekend”

    French 10-year government bond yields rose 0.14 percentage points to 4.93% after a turbulent weekend, while the spread over German bonds returned to 1.47 percentage points. Nationwide protests over rising living costs and student education conditions turned into widespread rioting and looting; the government said at least 3,000 shops and businesses were looted, and the French retail federation estimated damages could reach “several hundred million euros.” More than 2,500 people are under formal investigation, 67 of them detained, and several cities have imposed curfews. President Macron rejected Interior Minister Laurent Nuñez’s resignation offer, even though Nuñez admitted police were deployed too thinly for protests of over 550,000 people, against an expected 200,000. Opposition politicians and the mayors of Paris and Marseille criticized the government for letting police lose control of the situation.

    CafeF·▼ EUR/USD▲ DXY▲ XAU/USDbondsFranceprotests
  • President Donald Trump Claims, "We Don't Have Inflation, and Tariffs Don't Cause Inflation," but a New Report Strongly Disagrees

    Although the stock market has posted strong returns under President Trump, the article argues his inflation-driving policies may be the biggest threat to the AI-driven bull market. A New York Federal Reserve report by three economists finds that by February 2026, tariffs had added 2.9 percentage points to goods price inflation, and each percentage point increase in average tariffs lifted consumer prices by about a quarter of a point after one year. Beyond tariffs, the Iran war and the ongoing closure of the Strait of Hormuz have pushed fuel prices sharply higher, with fuel oil up 74.0% and gasoline up 34.2% over the past year, while overall CPI rose 3.7%. The article warns that persistent inflation could prompt the Fed to raise rates more aggressively, slowing AI infrastructure investment and sending stocks lower.

    Yahoo Finance·▲ DXY• SPY• XAU/USDinflationtariffsDonald Trump
  • The battle against rising US Treasury yields

    With benchmark US Treasury yields breaking above 5.3% in October and US debt outstanding at about US$40 trillion, the article argues the key is keeping government funding costs below nominal economic growth rather than simply pushing yields down. It recalls past cases where that balance broke down, such as Italy's 2011 yield spike and UK devaluations. Yields are now near the 6.3% nominal GDP growth recorded in Q2 2026, even though core inflation eased to 2.4% in August and Fed officials played down an October rate hike. The Treasury has expanded its buybacks, and its General Account has fallen nearly US$100 billion from a US$980 billion peak. The article flags a risk that a third US aircraft carrier heading to the Middle East could signal renewed hostilities, keeping inflation and yields elevated if energy prices keep rising.

    businesstimes.com.sg·▼ PAXG/USDT▼ XAUT/USDT▼ XAU/USD▲ DXYbondsinterest ratespublic debt
  • High bond yields could more than double drag on US growth in 2027 : Goldman Sachs

    A Goldman Sachs report says persistently high bond yields could more than double their drag on US growth in 2027, from about 0.2 percentage points in its baseline to just over 0.5 points if rates stay at current levels. The bank expects US growth close to its potential rate of 2.3% in 2027, but warns the outlook could face greater pressure as higher financing costs weigh on housing, consumption and business investment. Goldman estimates higher refinancing costs could cut business investment growth by about 0.3 percentage points in 2027 and later years, an impact that could also more than double at current rates. Mark Zandi, Chief Economist of Moody's Analytics, described the US economy as vulnerable rather than resilient and put the odds of it going 'completely off the rails' at about one in three. AI infrastructure investment has remained resilient despite higher rates, though the report flagged risks from rising leverage.

    iraqsun.com·▼ QQQ▼ SPY▲ DXY▼ XAU/USDinterest ratesGDP growthbonds
  • U.S. Treasury yields move lower as investors await housing, employment data

    U.S. Treasury yields edged lower on Tuesday as investors awaited more economic data and weighed inflation ahead of the Federal Reserve's rate decision next week. The 10-year yield fell 2 basis points to 5.114%, the 30-year yield dropped 2 basis points to 5.45%, and the 2-year yield was roughly flat at 4.757%. Investors were set to watch September housing starts and pending home sales, weekly ADP employment data, initial jobless claims on Thursday, the S&P Global Composite PMI Flash on Friday, and the personal consumption expenditures index, the Fed's preferred inflation gauge. CME FedWatch shows traders pricing in an 82% chance the Fed will hold rates steady.

    CNBC·▼ DXY▲ XAU/USD▲ EUR/USD▲ QQQbondsFedinterest rates
  • Yen jumps after JGB auction draws big demand , euro finds reliefeconomictimes.indiatimes.com·▼ USD/JPY▼ DXY▲ EUR/USDbondsexchange ratesJapan

Related markets

Currencies →US stocks →Gold →Crypto →

Latest news

  • FinFET Technology - Global Strategic Business Report Just Released: AI and Data Centers Push FinFET Chip Market Toward $97 Billion

    According to Research and Markets, the global FinFET technology market was valued at $38.5 billion in 2024 and is projected to reach $97.1 billion by 2030, growing at a compound annual growth rate of 16.7%. Demand for high-performance, energy-efficient chips across consumer electronics, data centers, automotive, AI and IoT is driving growth. The CPU segment is forecast to reach $36.6 billion by 2030, while China is the fastest-growing market, with an 18% CAGR and $20.8 billion by 2030. The report also assesses the impact of tariffs on semiconductor supply chains and profiles companies including TSMC, Samsung, Intel and NVIDIA.

    Yahoo Finance·semiconductorsartificial intelligencedata centers
  • Bitcoin ETFs just saw their biggest day in a month thanks entirely to BlackRock

    U.S. spot bitcoin ETFs took in $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT), which pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million, while the remaining funds recorded no net flows. The inflow more than erased last week's $228.5 million of withdrawals, but funds remain about $90.5 million in net outflows for October, according to CoinDesk calculations. Ether funds moved the opposite way, losing $103.3 million in their fourth consecutive session of outflows, with BlackRock's ETHA accounting for $95.4 million of that.

    CoinDesk·▲ BTC/USDTbitcoinETFcapital flows
  • A Big4 bank cut deposit rates in the morning, then raised them again in the afternoon

    VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.

    CafeF·• BID• CTG• VCBinterest ratesbanksState Bank of Vietnam
  • IVV vs. SPY: Which S&P 500 ETF Is the Better Buy for Long-Term Investors?

    The article compares two ETFs that track the S&P 500, iShares Core S&P 500 ETF (IVV) and State Street SPDR S&P 500 ETF (SPY), which have nearly identical holdings. The main difference is the expense ratio: IVV charges 0.03% a year, one-third of SPY's 0.09%, and its distribution yield is about 1.1% versus 1% for SPY. SPY's high liquidity remains valuable for active traders. The article concludes that IVV is the better choice for long-term investors, since lower costs can compound over time.

    Yahoo Finance·ETFS&P 500IVV
  • Warren Buffett Is Issuing a Stark Warning About the Stock Market. Here's What History Says Comes Next.

    Warren Buffett has warned that investors are taking on too much risk, likening the market to 'a church with a casino attached' and saying people have never been in a more gambling mood. The article points to the S&P 500 Shiller CAPE Ratio, which has stayed above 40 since May of this year; historically, the only other time it held above that level for months was during the dot-com bubble, when it peaked around 44 before the bear market began in March 2000. The article notes that 40 is not an automatic trigger for a downturn, and no metric can predict timing. It suggests investors focus on quality stocks with solid fundamentals and be ready to hold them for at least a few years.

    Yahoo Finance·▼ SPY▼ QQQWarren BuffettvaluationS&P 500
  • Early Uber Investor Jason Calacanis Predicts Waymo Could Buy Lucid Or Rivian — Calls Its Chinese-Car Optics ‘Really Bad’

    Early Uber investor Jason Calacanis predicts Waymo will buy Lucid Group (LCID) or Rivian Automotive (RIVN), arguing that its reliance on Chinese-made Zeekr vehicles creates cost and reputational problems. He says the arrangement is technically not illegal today, but Waymo would need to pay a tariff of over 100%, and it has drawn national-security concerns on Capitol Hill. According to Semafor, Waymo aims to grow its fleet from about 4,000 vehicles to 8,000 by the end of 2026 and 20,000 by the end of 2027, after closing a $5 billion term loan and a $16 billion equity raise this year. Uber has committed to buying at least 35,000 Lucid vehicles, while its Rivian deal starts with 10,000 autonomous R2 SUVs, with rides expected to begin in 2028. Calacanis, who recently bought small stakes in Lucid, Rivian, WeRide (WRD) and Pony.ai (PONY), expects consolidation in the autonomous-driving sector within 24 months.

    Yahoo Finance·Waymoself-driving carselectric vehicles

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.