DXY holds above 101.70 support ahead of CPI

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, drifts lower for the second straight day on Wednesday, retreating further from its highest level since April 2025, touched on the first day of this week. The index, however, holds above the 102.00 mark through the early European session as traders keenly await the release…

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US Dollar Weakens as Yields Fall and Chip Stocks Slide. Forecast as of 14.10.2026

2026.10.14 2026.10.14 US Dollar Weakens as Yields Fall and Chip Stocks Slide. Forecast as of 14.10.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Doubts about American exceptionalism, expectations of a Fed rate hike in 2027, and the potential for a further sharp rise in US Treasury yields have triggered a countertrend move in the EUR/USD. Let’s examine the drivers behind this shift and develop…

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Canadian Dollar edges up against US Dollar ahead of US CPI data

The Canadian Dollar (CAD) trades slightly higher against the US Dollar (USD) on Wednesday ahead of the United States (US) Consumer Price Index (CPI) data at 12:30 GMT. In the Asian trade, the USD/CAD pair is marginally down to near 1.4200, as the US Dollar extends its decline. As of writing, the US Dollar Index (DXY), which gauges the…

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Forex Economic Calendar Overview: Key Events for the Next Trading Week (19.10.2026–25.10.2026)

2026.10.12 2026.10.14 Weekly Economic Calendar for 19.10.2026–25.10.2026 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The upcoming trading week (October 19–25, 2026) opens with a wave of key economic data from China, which could set the tone for markets in the first half of the week. Focus will then shift to inflation figures from Canada, the UK and New Zealand. Friday brings the week’s highlight:…

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Hong Kong’s rise as global gold hub boosts status of Chinese currency

The Chinese government has tried to internationalize the yuan and raise its stature as a global currency for decades. Hong Kong’s ascension as a prominent yuan-denominated gold trading hub is giving that effort a big boost. S&P Global Ratings managing director Charles Chang told CNBC that Hong Kong’s evolution as a gold trading center and the ensuing elevation of…

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