CWG Market Update: US Dollar Index Breaks Above 100 After Fed Decision, Gold Rebounds Toward 4,300; Markets Focus on the Future Policy Path
At the 09:08 Beijing cutoff, gold bid was 4,299.10 and delayed DXY was 100.33. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1472, 1.3382, 0.7090, 156.07. Times and sessions differ; not a synchronized
Market overview
At the 09:08 Beijing cutoff, gold bid was 4,299.10 and delayed DXY was 100.33. EUR/USD, GBP/USD, AUD/USD and USD/JPY were 1.1472, 1.3382, 0.7090, 156.07. Times and sessions differ; not a synchronized snapshot.
Key takeaway
Verified Thursday-morning references show mixed markets after the Fed hike: DXY rose to 100.33 and gold bid rebounded to 4,299.10; EUR/USD, GBP/USD and AUD/USD edged higher, while USD/JPY fell. Quote times differ, so this is not a synchronized snapshot. [S1-S6/S19]
Core market data
| Asset | Latest | Change | Interpretation |
|---|---|---|---|
| XAU/USD | 4,299.10 | +36.10 (+0.85%) | spot gold bid; support 4,234.80; resistance 4,366.30.
[S1] 2026-09-17 09:06 Beijing Time (2026-09-16 21:06 EDT) · verified
|
| DXY | 100.33 | +0.08 (+0.08%) | delayed DXY cash index; support 100.22; resistance 100.35.
[S2] 2026-09-17 09:08 Beijing Time (2026-09-16 21:08 EDT) · verified
|
| EUR/USD | 1.1472 | +0.0008 (+0.07%) | spot FX reference quote; support 1.1457; resistance 1.1475.
[S3] 2026-09-17 07:53 Beijing Time (2026-09-16 19:53 EDT) · verified
|
| GBP/USD | 1.3382 | +0.0003 (+0.02%) | spot FX reference quote; support 1.3374; resistance 1.3398.
[S4] 2026-09-17 08:34 Beijing Time (2026-09-16 20:34 EDT) · verified
|
| AUD/USD | 0.7090 | +0.0004 (+0.06%) | spot FX reference quote; support 0.7083; resistance 0.7096.
[S5] 2026-09-17 09:06 Beijing Time (2026-09-16 21:06 EDT) · verified
|
| USD/JPY | 156.07 | -0.22 (-0.14%) | spot FX reference quote; support 156.05; resistance 156.32.
[S6] 2026-09-17 07:53 Beijing Time (2026-09-16 19:53 EDT) · verified
|
Market review
The FOMC raised rates by 25 basis points to 3.75%-4.00%. August retail sales rose 1.2% m/m, while import and export prices rose 0.7% and 0.6%. Latest H.15 September 15 closes were 4.67% for 2Y, 5.00% for 10Y and 5.36% for 30Y. [S7/S19-S21]
Fed decision
The FOMC voted 12-0 to raise the target range by 25 basis points to 3.75%-4.00%. [S19]
Dollar and FX
DXY rose 0.08%; EUR, GBP and AUD edged higher, while USD/JPY fell 0.14%. Quotes are non-synchronous. [S2-S6]
Market dynamics
Gold rebounds
Gold bid rose 0.85% to 4,299.10 within 4,234.80-4,366.30. Any break requires live confirmation. [S1]
U.S. data
August retail sales rose 1.2% m/m; import prices rose 0.7% and export prices rose 0.6%. [S20-S21]
Tonight's calendar
Watch initial claims, housing starts and the Philadelphia Fed survey at 20:30 September 17; actuals and forecasts were not inserted early. [S10]
Economic calendar - confirmed times only
| Beijing time | Region | Confirmed event | Status |
|---|---|---|---|
| 09-17 20:30 | US | U.S. Initial Claims, Housing Starts and Philadelphia Fed Survey | Time verified; pending at cutoff |
| 09-18 21:15 | US | U.S. Industrial Production and Capacity Utilization | Time verified; pending at cutoff |
| 09-21 23:00 | US | New York Fed SCE Household Spending Survey | Time verified; pending at cutoff |
Cross-asset verified comparison
Technical levels
Levels use only the latest verified references. Recheck live prices and spreads before acting.
| Asset | Reference | Resistance | Support | Invalidation |
|---|---|---|---|---|
| DXY | 100.33 | 100.35 | 100.22 | Below 100.22 |
| EUR/USD | 1.1472 | 1.1475 | 1.1457 | Below 1.1457 |
| GBP/USD | 1.3382 | 1.3398 | 1.3374 | Below 1.3374 |
| USD/JPY | 156.07 | 156.32 | 156.05 | Below 156.05 |
| AUD/USD | 0.7090 | 0.7096 | 0.7083 | Below 0.7083 |
| XAU/USD | 4,299.10 | 4,366.30 | 4,234.80 | Below 4,234.80 |
Released data
| Federal Open Market Committee decision - September 2026 | The FOMC raised the federal funds target range by 25 basis points to 3.75%-4.00% in a 12-0 vote. | [S19] |
| U.S. Advance Retail Sales - August 2026 | Retail and food services sales were $773.9 billion, up 1.2% m/m and 6.0% y/y. | [S20] |
| U.S. Import and Export Price Indexes - August 2026 | Import prices rose 0.7% m/m; export prices rose 0.6% m/m. | [S21] |
| Empire State Manufacturing Survey - September 2026 | Manufacturing activity increased modestly; the headline general business conditions index was 7.6. | [S18] |
Conditional scenarios
| Trigger | Confirmation | Invalidation | Path |
|---|---|---|---|
| DXY above 100.35 | Gold below 4,234.80 and EUR/USD below 1.1457 | DXY below 100.22 | A firmer dollar may pressure gold and non-dollar currencies. |
| DXY below 100.22 | Gold above 4,366.30 and EUR/USD above 1.1475 | DXY back above 100.35 | A softer dollar may allow gold and non-dollar currencies to recover. |
Not a trading instruction. Confirm all triggers with live platform data.
Hot markets: charts and key ranges
Four panels cover XAU/USD, EUR/USD, GBP/USD, AUD/USD and position each reference within its verified day range; they do not depict an intraday path.
