New York Session Forex Update: Mixed Majors Ahead of US Data

Majors are mixed during the London-New York overlap, with EUR/USD, GBP/USD and gold firmer and USD/CAD and USD/JPY softer, ahead of US data and ECB's Lane speech.

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InstrumentLastDay changePivotDaily trend
EUR/USD1.11924 +0.35% 1.11740Down
Gold (XAU/USD)4,184.36 +0.31% 4,181.07Down
GBP/USD1.32487 +0.32% 1.32227Down
Bitcoin (BTC/USD)83,073.59 +0.13% 83,126.16Mixed
USD/JPY158.119 -0.30% 158.458Mixed
AUD/USD0.69765 +0.28% 0.69684Down
USD/CAD1.42424 -0.26% 1.42683Up
Ethereum (ETH/USD)2,496.90 +2.16% 2,487.10Mixed
Nasdaq 100 (US100)30,422.2 -0.77% 30,779.1Mixed
WTI Crude Oil (XTI/USD)91.704 -0.68% 91.612Up
Data as of 2026-10-13 12:47 UTC.

The Session So Far

Trading is running through the London-New York overlap, with London set to close at 16:00 UTC. Dollar-denominated majors are mostly firmer on the day while equities and crude lag. Ethereum (ETH/USD) is the standout, up 2.16%, ahead of EUR/USD, up 0.35%, GBP/USD, up 0.32%, and gold, up 0.31%. AUD/USD is also higher, up 0.28%, with Bitcoin (BTC/USD) a more modest gainer at 0.13%.

On the other side, the Nasdaq 100 (US100) is the weakest instrument in the set, down 0.77%, with WTI crude close behind, down 0.68%. USD/JPY is down 0.30% and USD/CAD down 0.26%, so the dollar is giving ground against every currency shown even as stocks and oil pull back. The daily trend readings tell a different story for several of those same pairs, which is why the broader lean stays neutral rather than one-sided for the dollar.

Performance Across Major Pairs

InstrumentLastChange %Daily trend
EUR/USD1.11924+0.35%down
Gold (XAU/USD)4184.36+0.31%down
GBP/USD1.32487+0.32%down
Bitcoin (BTC/USD)83073.59+0.13%mixed
USD/JPY158.119-0.30%mixed
AUD/USD0.69765+0.28%down
USD/CAD1.42424-0.26%up
Ethereum (ETH/USD)2496.90+2.16%mixed
Nasdaq 100 (US100)30422.20-0.77%mixed
WTI Crude Oil (XTI/USD)91.704-0.68%up

Setups Worth Watching

GBP/USD is trading above R1 at 1.32445, beyond the top of its pivot ladder, with the daily pivot at 1.32227 and S1 at 1.31847. Holding above R1 keeps the pair outside the ladder; a drop back below the pivot at 1.32227 would shift the picture toward S1 at 1.31847. The daily trend is down while the four-hour trend is mixed, which is part of why this one is not a one-way read.

USD/CAD sits below S1 at 1.42502, beyond the bottom of its ladder, with the pivot at 1.42683 and R1 at 1.42975. A slide that extends past the day low at 1.42375 would stay consistent with the current pressure, while reclaiming S1 at 1.42502 would be needed to put the pivot at 1.42683 back in view. The daily trend here is up even as today's price sits below the ladder, another case where the day's move and the broader trend disagree.

Gold (XAU/USD) is between its pivot at 4181.07 and R1 at 4207.55, with today's high at 4200.40 still short of R1. A move through R1 at 4207.55 would carry price past the day's range so far; a slip back below the pivot at 4181.07 would open the way to S1 at 4145.10, close to the day low at 4150.69. The pivot points guide and the pivot point calculator lay out how these levels are built for readers working through the ladder themselves.

Newsflow Themes

Coverage from outlets including FX Street, Forex.com and ExchangeRates is centered on this week's US inflation data, with gold and the dollar both framed as facing a test from that release and commentary split between bullish and cautious gold views. A separate thread touches on USD/CAD's recent run higher meeting resistance, while silver coverage leans on the same inflation-data backdrop. None of this newsflow points to a single clear catalyst for the moves seen so far in the New York session.

Calendar Ahead

Later today, US Existing Home Sales Change (MoM) is due at 14:00 UTC, a medium-impact release with a previous reading of -2. The Monthly Budget Statement follows at 18:00 UTC, also medium impact, with a previous figure of -166.8 against an estimate of -29. ECB's Lane speaks at 18:30 UTC today, a medium-impact event. Tomorrow brings the IMF Meeting at 00:00 UTC and a high-impact speech from ECB President Lagarde at 02:10 UTC. The economic calendar guide covers how to read impact ratings and estimates against prior readings.

Bottom Line

US Treasury yields closed on October 9 with the 2-year at 4.80%, up 5 basis points, and the 10-year at 5.24%, up 2 basis points, a backdrop that sits alongside today's data and tomorrow's Lagarde speech. With daily-change gains spread across EUR/USD, GBP/USD, gold and AUD/USD against losses in USD/JPY, USD/CAD, the Nasdaq 100 and WTI, and with daily trend readings pointing in different directions from today's price action across several pairs, the dollar picture across this set stays neutral rather than leaning firmly one way. The currency strength meter offers a live cross-pair view for readers tracking how that balance shifts through the rest of the overlap and into the US afternoon.

FAQ

What does today's US economic calendar bring for the dollar?

US Existing Home Sales Change (MoM) is due at 14:00 UTC, a medium-impact release with a previous reading of -2. The Monthly Budget Statement follows at 18:00 UTC, also medium impact, with a previous figure of -166.8 against an estimate of -29, and ECB's Lane speaks at 18:30 UTC.

How could ECB's Lane speech affect EUR/USD today?

Lane's speech at 18:30 UTC today is listed as medium impact and comes a day ahead of ECB President Lagarde's high-impact speech at 02:10 UTC tomorrow. EUR/USD is currently trading between the daily pivot at 1.1174 and R1 at 1.11963, up 0.35% on the day.

Which pairs are leading gains during the New York session?

Ethereum (ETH/USD) leads with a gain of 2.16%, followed by EUR/USD at 0.35%, GBP/USD at 0.32% and gold at 0.31%. The Nasdaq 100 and WTI crude are the session's laggards, down 0.77% and 0.68% respectively.

Is Bitcoin keeping pace with Ethereum today?

No, Bitcoin (BTC/USD) is up just 0.13% versus Ethereum's 2.16% gain. BTC/USD is trading between S1 at 81986.61 and the daily pivot at 83126.16, while ETH/USD sits between its pivot at 2487.10 and R1 at 2534.09.

More Analysis

Nasdaq 100 (US100)BearishNasdaq 100 Forecast Today: Price Holds Below Pivot Near S1Nasdaq 100 is down 0.66% and trading between S2 at 30332.3 and S1 at 30494.8, with the four-hour and one-hour trends both pointing lower ahead of tomorrow's CPI report.Nathan BrooksAUD/USDBearishAUD/USD Forecast Today: Bearish Bias Holds Below 0.70AUD/USD trades just under the daily pivot at 0.69684, with daily and H4 trends pointing down and the 0.70 handle still capping recovery attempts.Daniel TanSession briefNeutralLondon Session Forex Update: Dollar Mixed, Gold and Bitcoin LeadThe dollar trades mixed through the London session as gold and Bitcoin lead a broader advance and EUR/USD and GBP/USD post modest gains, with Fed and ECB speeches due before New York hours.Claire DuboisEthereum (ETH/USD)NeutralEthereum Forecast Today: ETH/USD Bounces Toward R1 at $2,534ETH/USD has rebounded 3.44% to 2528.13, pressing against R1 at 2534.09, but mixed daily, four-hour and one-hour trend readings keep the broader picture neutral ahead of tomorrow's CPI release.Marcus ReedUSD/CADNeutralUSD/CAD Forecast Today: Range Holds Near Daily PivotUSD/CAD is consolidating between S1 at 1.42502 and the daily pivot at 1.42683 in a quiet London session, with Fed's Waller speaking shortly and US CPI due tomorrow.Nathan BrooksUSD/JPYNeutralUSD/JPY Forecast Today: Pinned Near S1 Ahead of US CPIUSD/JPY is consolidating between S1 at 158.185 and the daily pivot at 158.458, with daily, four-hour and one-hour trends all reading mixed ahead of tomorrow's high-impact US CPI data.Daniel Tan

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