Currencies Direct: Expected rebound in US durable goods orders may bolster dollar
- An expected rebound in September US durable goods orders could support dollar demand today, following gains driven by safe-haven flows.
- Sterling demand faces pressure from tax uncertainty ahead of Chancellor John Healey's inaugural Autumn Budget on Wednesday.
- The euro faces cautious trading ahead of the European Central Bank's interest rate decision later this week.
- Falling oil prices pressured the Canadian dollar; an expected Bank of Canada interest rate hike on Wednesday could limit losses.
- The New Zealand dollar rose ahead of a widely expected Reserve Bank of New Zealand interest rate hike on Wednesday.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Currencies Direct Ltd. published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.