The dollar firmed as a week of five central bank decisions began, with the DXY near 102.04, close to a one-week high, supported by a tech-stock rebound and a weaker euro. The Fed is expected to skip a hike when its meeting ends Wednesday, though CME's FedWatch tool put the chance of at least one hike by December at about 73% on Monday. The euro hovered near a two-week low around 1.1165, down about 1.4% this month, as the yield premium on French 10-year bonds over German debt rose to about 167 basis points from 92 at the ECB's previous meeting. The ECB is expected to hold its deposit rate at 2.5% on Thursday. In the UK, Chancellor John Healey presents his first Budget on Wednesday, with the FT reporting a £20.4bn capital boost over five years for two state-backed lenders, while a Bank of England hike to 4% on November 5 is seen as almost certain.
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US dollarDXYFedECBinterest rates
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 102.02 |
| Change that session | +0.27% |
EUR/USD
▼ Likely negativeRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 1.11744 |
| Change that session | -0.27% |
GBP/USD
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 1.33422 |
| Change that session | -0.29% |
USD/JPY
▲ Likely positiveRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/26/2026 | 157.500 |
| Change that session | +0.42% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/26/2026 | 4,017.27 |
| Change that session | +0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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