New York Open Briefing: Thursday, September 10, 2026

The New York session opens with a generally risk-on tone, indicated by the +0.34 Risk Meter reading. The US Dollar shows strength, up +0.38% over 24 hours, while the Japanese Yen is the weakest, down -0.31%. This has contributed to USDJPY gaining +0.57%. Gold, XAUUSD, is down -0.83%.

Earlier, the European Central Bank held its main refinancing rate at 2.65%, matching consensus, with the marginal lending facility rate at 2.9% and the deposit facility rate at 2.5%. The ECB Monetary Policy Press Conference is scheduled for 12:45 UTC. In the US, Initial Jobless Claims registered 206K, slightly above the 205K consensus. Brazil’s Services Volume showed a significant miss, with the year over year figure at 0.9% against a 1.7% consensus, and the month over month figure at 0% against 0.1%.

Looking ahead for the New York session, Existing Home Sales m/m is due at 14:00 UTC, with consensus at 0.1%. Later, EIA Crude Oil Stocks Change is expected at 16:00 UTC, with consensus at 7.559M, alongside EIA Cushing Crude Oil Stocks Change. The US Treasury will also conduct a 30-Year Bond Auction at 17:00 UTC. Retail positioning data indicates a 9pt shift towards long on GBPJPY and an 8pt shift towards long on USDCHF in the last 24 hours. Disagreement among retail books is notable on USDCHF at 21 points and on AUDUSD at 24 points.

Traders will closely monitor the ECB Monetary Policy Press Conference for further insights into central bank policy.

Scheduled this session (High and Medium impact)

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.