Oil Rally Weakens Euro: What It Means for Your Money
Oil rally weakens euro as Mideast tensions and Ukraine strikes lift crude, sending EUR/CAD lower. Here's what it means for savers, travelers and borrowers.
Thursday, October 22, 2026
London and New York open · Sydney opens Oct 23 01:34 IST
Delayed FX: ECB fix Oct 21 · Futures: 19:15 IST
Cross-asset moves, session drivers and market reaction.
| Instrument | Price | Change | % |
|---|---|---|---|
| AUD/USD | 0.7034 | +0.0049 | +0.70%up |
| GBP/USD | 1.3402 | +0.0055 | +0.41%up |
| EUR/USD | 1.1234 | +0.0019 | +0.17%up |
| USD/JPY | 157.88 | −0.25 | −0.16%down |
| USD/CHF | 0.8239 | +0.0003 | +0.04%up |
| USD/CAD | 1.4046 | −0.0005 | −0.04%down |
| Instrument | Price | Change | % |
|---|---|---|---|
| Silver | 55.31 | −2.11 | −3.67%down |
| Brent | 111.91 | +3.12 | +2.87%up |
| WTI Crude | 99.23 | −2.56 | −2.51%down |
| Gold | 4,077.70 | −72.30 | −1.74%down |
| Copper | 6.431 | −0.112 | −1.71%down |
| Natural Gas | 2.798 | +0.008 | +0.29%up |
| Bank | Rate | As of |
|---|---|---|
| Federal ReserveUS | 3.75–4.00%+0.25 | |
| ECBEuro area | 2.50%+0.25 | |
| Bank of EnglandUK | 3.75%−0.25 | |
| Bank of JapanJapan | 1.25%+0.25 | |
| Swiss National BankSwitzerland | 0.00%−0.25 |
Source: Bank for International Settlements, daily central bank policy rate series. The figure beside each rate is its last change.
Currencies: ECB reference rates, updated each business day; dollar index calculated from them. Commodities and yields: front-month futures, delayed about 15 minutes. Not for trading.
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