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Foreign Exchange Market Update

Foreign Exchange Market Update

Please call the FX Department at 626-279-3235 for the most current rate.

October 9, 2026

Bar graph shows overnight changes in major currencies around the world

 

United States Consumer Sentiment Index Falls in October

Consumer sentiment in the U.S. has deteriorated in October, with its index falling from 48.1 in September to 46.3 in October. The decrease brought the consumer sentiment index to its lowest level since the record low of 44.8 in May. The current economic conditions index slumped from 50.9 in September to 44.7 in October, while the index of consumer expectations rose from 46.3 in September to 47.3 in October. 10/09/2026 - 10:22:00 (RTTNews)

 

Italy Industrial Production Declines

Euro traded at 1.1195 against USD at 9:00 AM PST

Italy's industrial production declined in August. Industrial output fell 1.3% in August, down from a 0.6% increase in July. Year-on-year, industrial production remained unchanged in August, following a 0.1% fall in July. On an unadjusted basis, industrial production grew 3.1%, following a 0.1% drop from the previous month. All components of industrial production, except energy, experienced contractions in August. Intermediate goods output fell the most, down 1.8%. This was followed by a 1.2% drop in consumer goods output and a 0.9% fall in capital goods production. 10/09/2026 - 05:43:00 (RTTNews)


This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.

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