USD

ICYMI: US inflation report, CPI, set for release on October 24

• We had the big news on this last week

6.30am in Beijing. Traders might exercise caution, await China's response to Trump's cave

• While Trump has been very quick to back down from his threats we have not yet had a response to his overtures from China.

Pentagon to buy $1bn in critical minerals to cut China reliance

• The US Defense Department plans to acquire up to $1 billion in critical minerals as part of a Trump administration initiative to reduce reliance on China following Beijing’s new export restrictions on rare earths.

Monday levels, indicative FX prices, October 13, 2025 (some TACO moves filtering through)

• As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.

GBPUSD is back testing an old floor between 1.3323 and 1.3341

• The spike higher after US China news took the price back to broken 61.8% retracement area

Reports of unusual betting for the Nobel Peace prize

• Unusual activity on Mara Corina Machado raise concerns.

OMB Director says the layoffs have begun

EURUSD moves up to the 100 hour/day MAs, and finds sellers

• The two moving averages come in at 1.16633 area

The BLS will release the September CPI report on Friday, October 24 at 8:30 AM ET

• No other releases will be rescheduled or produced until the resumption of the regular government services.

Trump: Will need to raise tariffs on China goods coming into the US

• Counters China's recent export control on rare earths.

AUDUSD Technicals: AUDUSD is having an up and down trading day, but trading back at lows

• The pair is testing the low of a swing area between 0.65389 and 0.65443. A break below will have traders looking toward the 100-day moving average.

USDCHF Technicals:The USDCHF finds resistance sellers at swing area target. Corrects lower

• The topside in the USDCHF stalled the rally at a key swing area between 0.8071 to 0.8076. Close support now at 0.80396

USDCAD moves lower after stronger than expected jobs report. What next technically?

• The USDCAD moved back toward the 100 hour MA/swing area.

The USD is mixed to start the NA session. What levels should traders watch (and why)?

• The EURUSD is near unchanged, the USDJPY is showing dollar weakness, but the GBPUSD is showing dollar strength. What do the technicals tell traders? I will look to explain in this video.

EURUSD breaks below a major support zone: Just a fakeout or new lows are in store?

• The EURUSD pair is trading below a major support zone that now will act as resistance. What's next?