A broader Dollar correction could have legs today – ING
Source Fxstreet
The Dollar strengthened across the board on Tuesday with no clear catalyst. Economists at ING analyze the spurious USD rally.
Dollar rebound to rebound sustainably once short-term Treasury yields take another leap higher
We admit the Dollar jump was quite surprising, and without a clear catalyst, and therefore see room for the USD correction initiated overnight to extend today.
We suspect that in an environment that keeps pricing large Fed cuts, USD rallies aren’t very sustainable.
We’ll be awaiting the next leap higher in short-term USD rates to endorse a Dollar rebound.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Brent Crude Oil Price Forecast: Trump Eases Sanctions on Russia, Oil Prices Under Pressure Below $110, Can They Still Rise?On Monday (October 19), Brent (UKOIL) crude oil prices fell noticeably at the open today after a sharp rally last Friday. As of press time, oil prices were down about 2.1%, trading near $
On Monday (October 19), Brent (UKOIL) crude oil prices fell noticeably at the open today after a sharp rally last Friday. As of press time, oil prices were down about 2.1%, trading near $
Bitcoin's double top at $88,000: why $78,000 is the line that decides the next moveBitcoin trades near $82,500 (+0.47%) after twice failing at the $88,000 area, forming a potential double top with a neckline at $78,000. A break below the neckline would project a measured target near $68,200; a close back above $88,000 would invalidate the pattern. Here are the structure, the levels and what would confirm either side.
Bitcoin trades near $82,500 (+0.47%) after twice failing at the $88,000 area, forming a potential double top with a neckline at $78,000. A break below the neckline would project a measured target near $68,200; a close back above $88,000 would invalidate the pattern. Here are the structure, the levels and what would confirm either side.
Brent slips from $110 as Russian supply prospects return — is the five-month rally over?Brent crude traded near $108.06 on Monday (-1.71%), pulling back from last week's $110 high after Washington moved to ease restrictions on Russian oil flows. WTI hovered around $101 before dipping below $99. The retreat is real, but so is the supply-risk premium: Hormuz shipping disruptions, attacks on Saudi energy infrastructure and strikes on Russian refineries remain live. Here are the three numbers, the transmission chain and the levels that matter.
Brent crude traded near $108.06 on Monday (-1.71%), pulling back from last week's $110 high after Washington moved to ease restrictions on Russian oil flows. WTI hovered around $101 before dipping below $99. The retreat is real, but so is the supply-risk premium: Hormuz shipping disruptions, attacks on Saudi energy infrastructure and strikes on Russian refineries remain live. Here are the three numbers, the transmission chain and the levels that matter.
Gold retests $4,200 as dollar and yields retreat — can bullion clear its hardest level?Spot gold traded near $4,175 on Monday (+0.23%), with an intraday high of $4,187.71 after last week's $4,073 ~ $4,217 range; COMEX futures briefly topped $4,200. The dollar slipped to 101.76 and 10-year yields eased from their highs, but October Fed hike odds near 52% and BofA's sub-$4,000 call still cap the upside. Here are the drivers, the levels and what would flip the script.
Spot gold traded near $4,175 on Monday (+0.23%), with an intraday high of $4,187.71 after last week's $4,073 ~ $4,217 range; COMEX futures briefly topped $4,200. The dollar slipped to 101.76 and 10-year yields eased from their highs, but October Fed hike odds near 52% and BofA's sub-$4,000 call still cap the upside. Here are the drivers, the levels and what would flip the script.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 19, 2026. Read on for the details.
Related Instrument
