How could today's US PPI report influence the US Dollar during the New York session?

The PPI releases are due at 13:30 UTC, covering both the headline and core, year-on-year and month-on-month readings. The dollar is already firmer against most majors heading into the release, with USD/JPY, USD/CAD up and EUR/USD, GBP/USD, AUD/USD down on the day.

Why is USD/JPY trading near 160 drawing close market scrutiny today?

USD/JPY is trading between its daily pivot at 159.712 and R1 at 160.124, last at 159.925, after touching a day high of 160.168. FX Street has reported intervention-risk headlines tied to the pair's approach toward the 160.00 level.

What key risk drivers are impacting major currencies and crypto ahead of Fed speeches?

Fed's Bowman speaks today at 15:50 UTC, Fed's Daly at 17:00 UTC, and Fed's Jefferson tomorrow at 00:00 UTC. Separately, bitcoin and ethereum are both down more than 3% on the day with daily RSI readings below 32, a weaker setup than gold, which is up 0.25% despite a down daily trend.

Is the broader forex market leaning bullish or bearish for the US dollar right now?

The lean is toward dollar strength: EUR/USD, GBP/USD and AUD/USD are all lower on the day while USD/JPY and USD/CAD are higher, and the daily and four-hour trends agree with that pattern across all five pairs.

Forex Market Update: Dollar Firms Into New York Overlap

Session brief Bullish bias Nov 13, 2026, 13:31 UTC

Nathan BrooksUS Markets & Federal Reserve Analyst · ForexR analyst

The dollar is firmer against most majors heading into the New York overlap, with USD/JPY testing resistance near 160, while bitcoin and ethereum pull back sharply and gold holds a modest gain ahead of US PPI data and a run of Fed speeches.

Instrument	Last	Day change	Pivot	Daily trend
EUR/USD	1.10513	-0.03%	1.10672	Down
Gold (XAU/USD)	3,887.37	+0.25%	3,910.06	Down
GBP/USD	1.32284	-0.01%	1.32438	Down
Bitcoin (BTC/USD)	69,144.52	-3.28%	72,364.29	Down
USD/JPY	159.925	+0.07%	159.712	Up
AUD/USD	0.67843	-0.32%	0.68187	Down
USD/CAD	1.42586	+0.02%	1.42498	Up
Ethereum (ETH/USD)	1,955.15	-3.08%	2,021.12	Down
Nasdaq 100 (US100)	28,314.3	+0.02%	28,260.8	Down
WTI Crude Oil (XTI/USD)	87.605	-0.28%	86.789	Mixed
Data as of 2026-11-13 13:15 UTC.

New York Opening Overview: Focus Shifts to US PPI and Fed Speakers

The London and New York sessions are overlapping, with New York already open, and the dollar is firmer against most of the majors on the day. EUR/USD is down 0.03%, GBP/USD is down 0.01%, and AUD/USD is off 0.32%, while USD/JPY is up 0.07% and USD/CAD is up 0.02% — a pattern consistent across both the daily and four-hour trends for each pair.

Away from the majors, the laggards are in crypto: Bitcoin (BTC/USD) is down 3.28% on the day and Ethereum (ETH/USD) is down 3.08%, both with daily RSI readings below 32. Gold (XAU/USD) is a rare gainer, up 0.25% on the day even though its own daily and four-hour trends remain down. WTI crude is down 0.28% on a mixed daily and four-hour trend, and the Nasdaq 100 (US100) is roughly flat, up 0.02%, with a down daily trend but an up four-hour trend.

Market Snapshot

Instrument	Last	Change %	Daily trend
EUR/USD	1.10513	-0.03%	Down
GBP/USD	1.32284	-0.01%	Down
USD/JPY	159.925	+0.07%	Up
AUD/USD	0.67843	-0.32%	Down
USD/CAD	1.42586	+0.02%	Up
Gold (XAU/USD)	3887.37	+0.25%	Down
Bitcoin (BTC/USD)	69144.52	-3.28%	Down
Ethereum (ETH/USD)	1955.15	-3.08%	Down
Nasdaq 100 (US100)	28314.3	+0.02%	Down
WTI Crude (XTI/USD)	87.605	-0.28%	Mixed

USD/JPY Probes Key Resistance Amid Intervention Headlines

USD/JPY is trading between the daily pivot at 159.712 and R1 at 160.124, last at 159.925, with the day's range running from a low of 159.632 to a high of 160.168. Both the daily and four-hour trends point up, and the daily RSI at 62.9 sits toward the firmer end of its recent range. A move back below the pivot at 159.712 would undercut the current setup, while clearing R1 at 160.124 would open the way toward the next pivot level above.

Macro Cross-Currents: Crypto Retrenchment vs. Gold Resilience

Gold is holding between S1 at 3819.79 and the daily pivot at 3910.06, last at 3887.37, after ranging between a day low of 3874.93 and a day high of 3922.99. That intraday gain sits against a daily and four-hour trend that both still point down, with the daily RSI at 37. Bitcoin, by contrast, is trading below its S1 at 70250.10, beyond the bottom of its pivot ladder, last at 69144.52 after a day range of 67537.74 to 71465.81, with RSI at 31.2 pointing to the same weak-momentum backdrop as Ethereum, which sits below its own S1 at 1978.41.

Major Pairs Ahead of Data: EUR/USD and GBP/USD Setup

EUR/USD is positioned between S1 at 1.10322 and the daily pivot at 1.10672, last at 1.10513, with the day's range spanning 1.10436 to 1.10724. Both the daily and four-hour trends are down, and the daily RSI at 34.7 keeps the pair on the softer side of neutral. A break below S1 at 1.10322 would extend the current down trend, while a recovery back through the pivot at 1.10672 would be the first sign of that trend stalling.

GBP/USD sits between S1 at 1.32058 and the daily pivot at 1.32438, last at 1.32284, in a day range of 1.32174 to 1.32426. The daily and four-hour trends are both down, with RSI at 40.2. Resistance for the pair stands at the daily pivot, with S1 below as the nearer support to watch for any extension of the decline.

Newsflow and Key Catalysts to Track for the Remainder of the Session

Coverage through the morning has centered on gold's test of support below $3,900, discussed by FX Street and Forexcom, alongside yen intervention chatter as FX Street reported on USD/JPY's approach to the 160 handle. Sterling weakness has also run through FX Street's coverage, while Forexcom has framed bitcoin and gold as diverging on direction.

The next scheduled catalysts are concentrated in US data and Fed commentary. US Producer Price Index figures, both headline and core, on a year-on-year and month-on-month basis, are due today at 13:30 UTC. Fed's Bowman speaks today at 15:50 UTC, Fed's Daly follows today at 17:00 UTC, and Fed's Jefferson is scheduled for tomorrow at 00:00 UTC. London trading closes at 16:00 UTC, ahead of the Daly remarks. Readers can track how the pivots shift around these releases with the pivot point calculator or compare relative currency strength with the currency strength meter.

Bottom Line

Into the New York overlap, the dollar is broadly firmer across the majors in a pattern that holds across both daily and four-hour trends, even as gold and the major cryptocurrencies move on their own separate footing. USD/JPY's push toward its daily R1 near 160.124 and the PPI releases and Fed speeches still ahead today are the clearest reference points for how the session's pivots and ranges develop from here. Anyone mapping scenarios around today's data can review the mechanics with the economic calendar guide.