Trading news
Oct 16, 2026
Euro recovers from its 17-month low as the Dollar weakens
The Euro's rebound from its 17-month low came from the Dollar side, because the euro area's own news on Thursday was bad. EUR/USD climbed to just short of 1.1250, its highest since October 9, and hasn't been back there since, dipping just under 1.1200 on the US releases and recovering above it.
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Oct 16, 2026
Gold rebounds above $4,150 as yields fall, Fed Warsh’s speech in focus
Gold price (XAU/USD) edges higher to near $4,165, snapping the three-day losing streak during the early Asian session on Friday. The precious metal rebounds on a weaker US Dollar (USD) and lower US Treasury yields.
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