The London session (Europe open · the liquidity hour) · updated 2026-09-29 08:00 UTC.
The dollar bid that wouldn't clock out is still on shift — EUR/USD (1.14691) and GBP/USD (1.33731) pinned near the bottom of their ranges, USD/JPY (157.482) leaning higher with H1 bands at their tightest in 120 bars, gold (4342.88) still boxed between 4333.73 and 4359.91, oil up 0.75% over the last 8h — while yields crank higher and the RBA just lifted its Cash Rate to 4.6%, signalling more hikes may follow. So today continues that story rather than reverses it.
No US releases land in this window, but the microphones stay busy: FOMC members Bowman, Cook and Barkin speak alongside ECB President Lagarde. The real event risk was the RBA — decision and Rate Statement done, Press Conference still to come — with UK money supply, mortgage approvals and a 10-year gilt auction rounding out a light calendar.
On the barometer, the stretched pairs are still stretched: EUR/USD neutral (H4 RSI 39.4, floor 1.14623 just below), GBP/USD neutral (H4 RSI 40.9), USD/JPY leaning bullish (H4 RSI 66.2). Gold's higher-timeframe read stays bearish; oil is the one stretching its legs. Watch whether the dollar bid extends or those pairs finally breathe — and whether the Fed speakers give it a nudge either way.
29 Sep 08:30 UTCGBP Low
29 Sep 08:30 UTCGBP Low
29 Sep 08:30 UTCGBP Low
29 Sep 09:33 UTCEUR Low
29 Sep 09:33 UTCGBP Low
29 Sep 10:00 UTCEUR Low
29 Sep 11:00 UTCEUR Medium