United States API Weekly Crude Oil Stock fell from previous 1.019M to -2.1M in October 2

Oct 6, 2026

Chinese Yuan: Gradual upside within defined bands – UOB

United Overseas Bank strategists Quek Ser Leang and Lee Sue Ann expect USD/CNH to edge lower intraday while staying confined to a narrow 6.7000–6.7100 band. Over the coming one to three weeks, they maintain a range-trading view between 6.6950 and 6.7270. On a one to three month basis, they see USD/CNH continuing to drift lower as long as it remains below the cloud resistance near 6.7815.

The Pound climbs back to the top of its range as bond yields ease

Tuesday's rise in GBP/USD came from the Dollar side. The pair was flat through Bank of England (BoE) external member Mann's warning on inflation, then gained at the same two points in the session as EUR/USD, leaving EUR/GBP close to unchanged.