Morning Briefing — Wednesday, October 14, 2026
The dollar fell against every major currency on Tuesday, led by a 0.45% gain in the New Zealand dollar, while silver dropped 1.84% to its lowest New York close in 50 trading days. September's US consumer price index, due at 13:30 UK, is the one Tier 1 event on today’s calendar.
Markets
| Instrument | Last | Change | 20-dayrange |
|---|---|---|---|
| Currencies | |||
| EUR/USD | 1.11881.1151 – 1.1205 | +0.29% | 9% |
| GBP/USD | 1.32551.3202 – 1.3259 | +0.35% | 23% |
| USD/JPY | 158.27157.83 – 158.66 | -0.04% | 84% |
| USD/CHF | 0.83330.8313 – 0.8346 | -0.17% | 77% |
| AUD/USD | 0.69900.6947 – 0.6986 | +0.09% | 37% |
| NZD/USD | 0.56110.5579 – 0.5618 | +0.42% | 16% |
| USD/CAD | 1.42061.4203 – 1.4283 | -0.53% | 79% |
| USD/CNH | 6.69206.6905 – 6.6986 | -0.00% | 4% |
| Dollar index | 102.14 | -0.06% | — |
| Precious metals | |||
| Gold | 4,167.994,146.77 – 4,200.23 | +0.16% | 31% |
| Silver | 59.1358.88 – 60.72 | -0.07% | 7% |
| Crypto | |||
| Bitcoin | 83,74081,034 – 84,168 | +1.11% | 69% |
| Ether | 2,513.042,409.09 – 2,538.52 | +0.90% | 30% |
Change since the previous close; crypto over 24 hours. Small figures under each price are yesterday's low and high, to the New York close. The 20-day bar shows where the latest price sits between the 20-day low (left) and high (right); Below or Above means outside that range. Indicative prices, UK 04:26.
Rates and risk
| Instrument | Last | Change |
|---|---|---|
| US 2-year | 4.800% | n/a |
| US 10-year | 5.219% | n/a |
| German 10-year | 3.464% | n/a |
| UK 10-year | 5.435% | n/a |
| S&P 500 | 7,816 | -0.02% |
| Nikkei 225 | 68,169 | +0.58% |
| Brent | 106.41 | +0.68% |
| VIX | 15.27 | n/a |
Overview
Tuesday was a broad, orderly dollar decline rather than a single event: every major currency gained between 0.17% (the yen) and 0.45% (the New Zealand dollar). The euro first set a new 20-day low at 1.1151 in Asian hours, then recovered to close at 1.1198. Metals split from currencies, with silver falling 1.84% on a day when gold slipped only 0.24%. Everything now runs into the Bureau of Labor Statistics CPI report at 13:30 UK.
