The US dollar pulled back slightly and major Wall Street indices managed to cut some of the early losses following FED Waller remarks. This central banker is known for his hawkish approach and is certainly the most-hawkish 'core' Fed member, therefore his dovish comments caused some moves on the market. Waller said that 100 bps is unlikely unless retail sales and housing starts figures will "materially" jump above analysts consensus and in his opinion 75 bps would get the Fed to neutral and "you don't want to overdo rate hikes".
US100 bounced off local support at 11500 pts. Source: xStation5
The NZDUSD pair is trading near the flatline. Source: xStation5
Three markets to watch next week (23.10.2026)
Daily Summary: Oil at five-month highs, indices under pressure (23.10.2026)
US Open: Further declines on Wall Street, Brent above 111 USD, AI correction continues (14.10.2026)
BREAKING: France slows down, Germany holds on. Euro falls below 1.12