EURUSDEuro / US Dollar
Euro / US Dollar (EURUSD) is a FOREX-listed fx covered by Valdrans. Last close $1.120, -0.06% on the day; -0.56% over 1 week, -3.40% over 4 weeks, -5.08% over 6 months (prices as of 11 Oct 2026).
- Last close (11 Oct 2026)
- $1.120
- Today
- -0.06%
- 1 week
- -0.56%
- 4 weeks
- -3.40%
- 6 months
- -5.08%
Coverage of EURUSD(20)
Dated Brent tops $120 as Hormuz drone attacks and China export curbs tighten physical oil
Dated Brent traded above $120/bbl on 2 October 2026, over $19 above ICE Brent futures (LCO) near $101. Drone attacks in the Strait of Hormuz, China's refined product export restrictions, and European diesel stock releases were reported as contributing factors.
UK diesel hits record £2/litre amid Gulf supply disruptions, crude above $100
British diesel prices reached an all-time record of £2 per litre on 2 October 2026, while Brent and WTI crude surged above $100 per barrel in September 2026, following supply disruptions attributed to the US-Israel conflict with Iran affecting Gulf crude and refined product flows.
US municipal bonds post worst monthly loss in nearly two decades, September 2026
US municipal bonds recorded their worst monthly performance in nearly two decades in September 2026, with MUB and VWAHX registering losses consistent with the broader selloff; UK gilt yields reached 6% for the first time since 1998 and the US 10-year Treasury yield rose to its highest level since 2002.
SNB holds rate at 0%, softens FX intervention language; franc weakens
The Swiss National Bank held its policy rate at 0% on 24 September 2026 and revised its FX intervention language to indicate reduced urgency; EURCHF rose to 0.9420 and USDCHF reached levels last seen in May 2025 following the announcement.
FT: $6.9bn Russian payments processed via fintech A7, bypassing sanctions
A Financial Times investigation published 21 September 2026 reported that thousands of Russian payments totalling $6.9bn were processed through fintech intermediary A7 using allegedly forged documents; Standard Chartered and Citigroup were named as institutions that processed payments linked to the scheme.
RBNZ warns inflation may exceed forecasts; October rate rise flagged
The Reserve Bank of New Zealand stated on 22 September 2026 that near-term inflation may surpass its latest forecasts, citing rising oil prices, and raised the possibility of an additional interest rate increase as early as October.
Iran proposed Hormuz reopening in seven days if US lifts blockade
Iran conveyed a conditional proposal to reopen the Strait of Hormuz within seven days, with seven conditions, during UN General Assembly discussions on 22–23 September 2026. Brent crude and WTI are directly linked to Hormuz transit volumes, which carry approximately 20% of global daily oil supply.
US spot Bitcoin ETFs drew $1 billion net inflows in single session
US spot Bitcoin ETFs recorded ~$1 billion in net inflows in one session, the largest single-day figure of 2026. Ether ETFs added $270 million the same day; year-to-date net flows turned positive for the first time since April 2026.
US retail diesel hits record $6.50/gallon amid global refining shortage
US retail diesel prices reached a record $6.50 per gallon on 21 September 2026, up from approximately $6.00 per gallon two weeks prior, while Brent crude traded near $100 per barrel and UK diesel prices approached £2 per litre.
JPMorgan flags 10 mb/d supply disruption; Brent rises to $105.65
JPMorgan reported approximately 10 million barrels per day of oil supply as disrupted six months into the Iran conflict, citing Strait of Hormuz restrictions. Brent crude rose to $105.65 per barrel on 25 September from $102 earlier in the week, while WTI stood at $93.11.
Turkish funds Pusula and Tera collapse; equities fall 5%, $4bn wealth wiped
Turkish equities fell more than 5% and the lira came under pressure amid criminal investigations into asset managers Pusula Portfoy and Tera Portfoy; investors withdrew approximately $1 billion and regulators ordered the liquidation of 131 investment funds managed by seven firms.
Bank of Japan raises rate 25bp to 1.25%; yen weakens, Nikkei gains
The Bank of Japan raised its policy rate by 25 basis points to 1.25% on 18 September 2026; USDJPY rose toward 158.00 and the yen fell 0.72%, while the Nikkei 225 gained 1.5% and the 10-year Japanese Government Bond yield declined following the announcement.
US-China agree $30 billion tariff reduction after Xi-Trump Washington summit
The US and China agreed to reduce tariffs by $30 billion following a three-day summit concluding 26 September 2026; the Busan accord trade truce was extended through 10 January, the PBOC set the yuan reference rate at 6.7489 against the dollar, and Boeing's order position with Chinese carriers was reported as strained.
Houthis seize Hanish islands, extending Red Sea chokepoint control
Houthi forces captured the Greater and Lesser Hanish islands on 15 September 2026, extending their hold over the Bab al-Mandab strait. Saudi Arabia had already increased use of its East-West pipeline for crude exports; a vessel strike near Hormuz was reported by UKMTO on 13 September 2026.
US 10-year Treasury yield breaches 5% for first time since 2007
The 10-year US Treasury yield crossed 5% on 14 September 2026 and reached 5.04% on 15 September, its highest level in nearly two decades. TLT and IEF, which move inversely to yields, were reported under pressure alongside equity valuations, particularly in growth and technology stocks.
Xi, Putin, Modi meet at New Delhi BRICS summit amid US tariffs
Leaders of China, Russia, and India convened at a BRICS summit in New Delhi on 12 September 2026, with Iran and Russia calling for reduced US dollar dependency in trade settlement. No price moves for CNY, RUB, INR, or DXY were reported in the brief.
Drone strikes hit Saudi East-West Pipeline; Saudi Arabia shuts system
Saudi Arabia shut down its 1,200-kilometre East-West Pipeline on 11 September 2026 following drone strikes on multiple pumping stations attributed to Houthi rebels, with drones reported launched from Iraq. The extent of physical damage and production volume impact had not been fully assessed at time of reporting.
Saudi Aramco halts Yanbu loadings after East-West pipeline drone attack; Brent at $108
Saudi Aramco suspended oil loadings at Yanbu on 15 September 2026 after drone attack damage to the East-West pipeline; Brent crude rose to $108 per barrel, the Shanghai Futures Exchange crude contract hit a reported record of $138 per barrel, and TTF natural gas rose 6% to $97.31 per MWh.
US Treasury yields hit multiyear highs on 11 September 2026
US Treasury yields rose to multiyear highs and Japanese government bonds declined on 11 September 2026. Oil prices were elevated and rate hike expectations from the Federal Reserve, Bank of Japan, and ECB were reported as contributing factors.
August CPI beat raises Fed hike probability to 90%; 10-year yield nears 5%
August 2026 CPI exceeded expectations on headline and core measures; bond traders priced a 90% Fed hike probability for the following week and two full hikes by year-end. The 10-year Treasury yield approached 5% amid a global bond selloff.