Dollar ends October higher as Fed's Logan keeps rate hikes in play
The dollar closed October with a monthly gain as Fed speakers kept hikes in play, while Canada's GDP stalled and the BoE and RBA decisions loom next week.
Real-time prices, broker intelligence and a daily read of the world's largest financial market — distilled, set in clean type, and stripped of noise.
Real-time multi-asset charts, alerts and a 60M+ trader community. Sync watchlists across devices.
The dollar closed October with a monthly gain as Fed speakers kept hikes in play, while Canada's GDP stalled and the BoE and RBA decisions loom next week.
The dollar slipped as AI spending fears hit tech stocks and Treasuries rallied, while eurozone GDP beat forecasts and Italian inflation jumped to 5.4%.
The euro rose after a sources report said the ECB sees a December hike, while sterling extended gains and hot Tokyo CPI kept the yen in focus.
The dollar edged higher after US Q3 GDP beat forecasts and core PCE ran hot, while the ECB held rates and said Lagarde will step down in February 2027.
The Canadian dollar held gains after the Bank of Canada raised rates while the Fed held steady, with Iran diplomacy and Big Tech earnings in focus.
Sterling steadied and gilts ticked up after Healey's UK budget kept a £15 billion buffer, while a wider US trade deficit kept focus on the Fed decision.
Bitcoin edged up 0.44% to $77,281 as altcoins rebounded and Binance targeted a Sunday withdrawal restart, while Fear & Greed stayed at 30 in Fear.
Bitcoin traded near $77,384, down 5.22% in 24 hours, as Binance set aside $6.34 billion to cover hack losses and Fear & Greed fell to 30 from 51.
Bitcoin fell 4.9% to $77,058 and BNB lost 8.3% after a suspected multibillion-dollar Binance hack, as Fear & Greed dropped to 30 from a neutral 51.
Bitcoin rose 1.59% to $81,728 after US GDP data beat expectations, as ICE's Hyperliquid futures deal sent HYPE up 13% and Fear & Greed held at 51.
Bitcoin rose 0.54% to $81,084 after the Fed held rates in a 10-2 vote with two members favoring a hike, while Fear & Greed held at a neutral 51.
Bitcoin slipped back to $80,440 after an early push above $81,600 faded ahead of the Fed decision, while DTCC launched tokenization and ETF inflows hit $176M.