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October 15, 2026

North American Summary and Highlights 15 October
Paying Article

October 15, 2026 6:45 PM UTC

Overview - More strong US data had little impact with the reversal of Wednesday’s post-CPI USD bounce persisting. 

Preview: Due October 29 - U.S. September Personal Income and Spending - Four-month high for core PCE prices
Paying Article

October 15, 2026 6:03 PM UTC

September’s personal income and spending report may be overshadowed by the Q3 GDP release which is  due at the same time and will include Q3 totals for each of its components. We expect a 0.3% rise in personal income and a 0.6% rise in spending, with overall PCE prices up by 0.5%, exceeding perso

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Preview: Due October 29 - U.S. September Personal Income and Spending - Four-month high for core PCE prices
Paying Article

October 15, 2026 6:03 PM UTC

September’s personal income and spending report may be overshadowed by the Q3 GDP release which is  due at the same time and will include Q3 totals for each of its components. We expect a 0.3% rise in personal income and a 0.6% rise in spending, with overall PCE prices up by 0.5%, exceeding perso

Preview: Due October 30 - Canada August GDP - A rise that may not be repeated in September
Paying Article

October 15, 2026 4:15 PM UTC

We expect a 0.2% increase in August Canadian GDP, in line with the estimate given with July’s data, though risk is for lower rather than higher. We expect an unchanged preliminary estimate for September, weakness in employment and rising risk from fresh US tariffs.

Chart USD/CAD Update: Leaning lower in USD- and CAD-driven trade
Freemium Article

October 15, 2026 4:12 PM UTC

Consolidation following the retest of strong resistance at the 1.4290 Fibonacci retracement and the 1.4300 current year high of 9 October has given way to fresh pullback

Preview: Due October 16 - U.S. September Industrial Production - Rebound from a weak August
Paying Article

October 15, 2026 3:14 PM UTC

We expect a strong 1.0% increase in September industrial production after flat August with manufacturing up by 0.6% after a 0.3% August decline. This would restore a positive trend after a weak month.

Chart AUD/USD Update: Under pressure
Paying Article

October 15, 2026 1:39 PM UTC

Cautious trade has given way to a sharp break lower

Chart EUR/JPY Update: Choppy in range
Paying Article

October 15, 2026 1:22 PM UTC

Anticipated losses have bounced from just above strong support within congestion around 176.00 and the 176.20~ current year low of 5 October

U.S. September Retail Sales and PPI, October Philly Fed and Empire State, Initial Claims - Generally strong
Paying Article

October 15, 2026 1:15 PM UTC

The latest set of US data is on the firm side of expectations, September PPI at 1.3% overall and 0.7% ex food and energy, September retail sales at 0.8%, 0.9% ex autos. Underlying gains of 0.5% for PPI ex food energy and trade and 0.2% for retail sales ex autos and gasoline are less firm but far fro

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U.S. September Retail Sales and PPI, October Philly Fed and Empire State, Initial Claims - Generally strong
Paying Article

October 15, 2026 1:15 PM UTC

The latest set of US data is on the firm side of expectations, September PPI at 1.3% overall and 0.7% ex food and energy, September retail sales at 0.8%, 0.9% ex autos. Underlying gains of 0.5% for PPI ex food energy and trade and 0.2% for retail sales ex autos and gasoline are less firm but far fro

Chart USD/JPY Update: Leaning lower in USD- and JPY-driven trade
Paying Article

October 15, 2026 12:58 PM UTC

Consolidation beneath congestion resistance at 159.00 has given way to a pullback in USD- and JPY-driven trade

EUR/USD, GBP/USD, USD/JPY flows - Yields remain lower out of latest data round
Paying Article

October 15, 2026 12:44 PM UTC

Data doesn't change the overall story and yields remain extending lower, 10s closing in on 5% re-test

Chart EUR/NOK Update: Limited bounce from fresh year low
Paying Article

October 15, 2026 11:27 AM UTC

The anticipated break above 10.9000 has not been seen

Chart EUR/CHF Update: Leaning lower
Paying Article

October 15, 2026 10:43 AM UTC

Anticipated tests higher have not been seen

Europe Summary and Highlights 15 Oct
Paying Article

October 15, 2026 10:04 AM UTC

Bond and USD exhaustion and spike reversals continue after over stretched runs
UK GDP continues to hold resilient
AUD the exception after employment well below expectations

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Bangladesh Country Risk Rating
Paying Article

October 15, 2026 10:00 AM UTC

Overall risk in Bangladesh remains at a medium-high rating.     

FX Daily Strategy: N America, Oct 15
Paying Article

October 15, 2026 9:21 AM UTC

Core CPI uncomfortable for Fed, but dollar spike reversed as bonds U-turn, equities sell
Warsh watched for any pointers
UK GDP again better than expected, as resilience continues

Chart USD/CHF Update: Sharp pullback from strong Fibonacci retracement
Paying Article

October 15, 2026 8:54 AM UTC

Cautious trade has given way to a sharp run to fresh year highs just beneath strong resistance at the 0.9400 Fibonacci retracement

Chart EUR/GBP Update: Sharp bounce from fresh year low
Paying Article

October 15, 2026 8:38 AM UTC

The anticipated break lower has posted a fresh year low around 0.8425~

Chart USD Index DXY Update: Sharp pullback from fresh year high
Paying Article

October 15, 2026 8:17 AM UTC

Consolidation has given way to a spike to fresh year highs around 102.95

Chart EUR/USD Update: Smart bounce from fresh year low
Paying Article

October 15, 2026 7:51 AM UTC

Consolidation around 1.1200 has given way to a sharp pullback

Chart GBP/USD Update: Test of year lows not sustained - prices back in range
Freemium Article

October 15, 2026 7:36 AM UTC

Cautious trade has given way to a sharp break below 1.3200

Weekly Chart USD/JPY Update: Extend September corrective gains
Paying Article

October 15, 2026 7:36 AM UTC

Consolidation around the 158.00 level has given way to retest of the late-September high at the 159.00 level

UK Growth Resilience Continues in August
Paying Article

October 15, 2026 7:32 AM UTC

In the event, growth did not contract by 0.1% m/m as consensus had expected, but grew 0.1% in August. While the month-on-month number can be volatile, the more reliable 3-month measure is showing the economy is proving to be a lot more resilient than many had expected. The better growth outturn alon

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UK Growth Resilience Continues in August
Freemium Article

October 15, 2026 7:32 AM UTC

In the event, growth did not contract by 0.1% m/m as consensus had expected, but grew 0.1% in August. While the month-on-month number can be volatile, the more reliable 3-month measure is showing the economy is proving to be a lot more resilient than many had expected. The better growth outturn alon

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