New York Open Briefing: Monday, October 26, 2026
New York traders begin the week with a generally positive tone observed in global equity markets. The DE40 advanced 0.87%, the USTEC gained 0.81%, and the JP225 rose 0.70% since the reference point. This comes as the FXC Risk Meter registers at +0.09, indicating a slight risk-on sentiment. The US Dollar has shown strength, with USDJPY up 0.44% and USDCHF gaining 0.34%, while NZDUSD declined 0.35%.
Over the past 24 hours, the US Dollar leads currency strength at +0.19%, followed by the Canadian Dollar at +0.13%. The Japanese Yen is the weakest at -0.26%, with the New Zealand Dollar also notably weaker at -0.14%. This aligns with the observed price movements.
Regarding market positioning, the crowd shift on XAUUSD shows the book moved 9 points toward short in the last 24 hours. Retail books currently show a 23-point disagreement on USDJPY and a 20-point disagreement on GBPUSD, indicating varied sentiment among participants.
Looking ahead, the primary scheduled event for the session is the 2-Year Note Auction for the US Dollar, set for Monday at 17:00 UTC. The previous auction yielded 4.787%.
Traders will likely focus on the outcome of the 2-Year Note Auction as the session progresses.
| At a glance | |
|---|---|
| Biggest moves since the previous session | DE40 +0.87%, USTEC +0.81%, JP225 +0.70% |
| Currency strength, 24h | USD strongest at +0.19%, JPY weakest at -0.26% |
| Risk meter | +0.09 (mildly risk-on) |
Scheduled this session (High and Medium impact)
| Time | Ccy | Event | Impact | Consensus |
|---|---|---|---|---|
| 17:00 UTC | USD | 2-Year Note Auction | Medium | – |
Times are UTC. This brief describes measured market state and the published schedule. It is not financial advice and nothing in it is a trade recommendation.