Dollar steadies as Gulf oil risk returns and NZ inflation undershoots
The dollar edged up late as Gulf embassy warnings lifted oil, a US 20-year auction tailed and New Zealand Q3 CPI eased to 3.7%, below forecasts of 3.8%.
Real-time prices, broker intelligence and a daily read of the world's largest financial market — distilled, set in clean type, and stripped of noise.
Real-time multi-asset charts, alerts and a 60M+ trader community. Sync watchlists across devices.
The dollar edged up late as Gulf embassy warnings lifted oil, a US 20-year auction tailed and New Zealand Q3 CPI eased to 3.7%, below forecasts of 3.8%.
Sterling rose after UK CPI hit 3.5% against 3.4% expected, while RBA's Hauser put a November hike in play and the dollar held near a 3-week low.
The dollar fell as Iran compromise reports swung oil and US pending home sales hit a record low, while BoE's Greene stayed hawkish ahead of UK CPI data.
Sterling rose after UK unemployment fell to 4.7% and lifted BoE hike bets, while a record Japanese bond auction sparked a yen rally and German PPI jumped.
US 10-year yields rose to 5.14% as oil reversed higher after US and Houthi attacks. The yen lagged, the Aussie led and French unrest hit the euro.
The euro fell as unrest in France widened bond spreads, while China's 4.5% Q3 GDP beat lifted the Aussie and softer Canadian CPI eased pressure on the BoC.
Bitcoin rose 1.32% to $84,093 after a weekly high near $84,800 as SpaceX earnings lifted stocks, while US bank groups pushed back on OCC stablecoin rules.
Bitcoin rose 1.26% to $84,023 as Asian tech stocks rebounded, Fear & Greed jumped to 63, Solana's Alpenglow went live and the OCC finalized stablecoin rules.
Bitcoin rose 1.25% to $82,947 but stalled near $83,300, as JPMorgan projected a 10% yearly return and more firms objected to OKX-ICE tokenized stocks.
Bitcoin rose 1.37% to $83,187 as stocks turned higher and BlackRock's IBIT drew $665 million, while France backed a tax on stablecoin swaps.
Bitcoin fell 0.41% to $81,691 after failing at $83,000, as Fear & Greed eased to 55 and Strive and Metaplanet added to their bitcoin treasury bets.
Bitcoin rose 0.97% to $81,920 but stalled at $83,000 as US yields rose, while Fear & Greed climbed to 59 and JPMorgan took JPM Coin to Ethereum.