DXY & Forex

Federal Reserve Chair Kevin Warsh drew a sharp contrast with New York Fed President John Williams on inflation policy following Warsh's August 28 Jackson Hole address. Warsh, who became Fed Chair in mid-2026 and held his first FOMC meeting in June, has maintained the federal funds rate target at 3.5

Federal Reserve Chair Kevin Warsh and New York Fed President John Williams have taken diverging stances on inflation following Warsh's August 28 Jackson Hole address. Warsh, who took the helm in mid-2026, has maintained the federal funds rate target at 3.5% to 3.75% and signaled there is

According to BlockBeats, on September 7, market expectations for a Federal Reserve rate hike in September intensified following strong U.S. August employment data. CME FedWatch data shows the probability of a 25 basis point rate increase to 3.75%–4% at the September FOMC meeting reached

According to BlockBeats, overseas investors held approximately $39 trillion in U.S. assets on September 7, hitting a record high. This represents an increase of about $16 trillion from the 2022 bear market low, up 70% year-over-year. U.S. equities drove the growth, with overseas holdings doubling to

The KRW/USD exchange rate fell to the 1330 won range intraday on September 7, marking its lowest level in 1 year and 11 months, and closed at 1340.5 won, down 9.9 won from the previous trading day. The decline was driven by increased demand from export companies converting their dollar holdings

The USD/JPY exchange rate dropped 1.28% to 154.223 yen as of 5:28 PM on September 7th, breaking below the 155 yen level. The decline accelerated during afternoon trading while US markets were closed for Labor Day. The drop marks the first time the pair has fallen below 155 yen since February,

According to Yonhap Infomax, the US dollar to Japanese yen exchange rate dropped sharply on September 7 afternoon, breaking below the 155 yen level to trade at 154.223 yen as of 5:28 PM—marking the lowest point since February and a 1.28% decline from the previous day. Market analysts attribute the

According to New York Federal Reserve research on September 7, the decline in the U.S. dollar's share of official foreign exchange reserves reflects operations by a minority of reserve managers, not broad de-dollarization. The dollar accounted for 56% of official currency reserves last year, down

According to FinanceFeeds, PineX Capital has added MetaTrader 5 to its evaluation and simulated funded-account programmes, expanding interface options for more than 20,000 traders already using its services. All PineX Trader Accounts operate in a simulated environment with no orders executed in

According to Cointelegraph, DBS Bank and Citibank completed cross-border U.S. dollar payments using tokenized deposits on September 7, leveraging Swift's blockchain-based ledger to enable instant, 24/7

Korean government bond yields rose on September 7, with long-term rates climbing more than short-term rates in a curve-steepening move. The 3-year benchmark yield increased 1.6 basis points to 3.900%, the 10-year rose 2.5bp, and the 30-year fell 0.5bp. Weakness was driven by rising bond yields in

According to Yonhapinfomax, on September 7, South Korea's 3-year government bond yields rose 1.6 basis points to 3.900%, while 10-year yields climbed 2.5 basis points to 4.385%. The 30-year yield declined 0.5 basis points to 4.631%, creating a steeper yield curve. The moves reflected weakness in U.S

According to Startale's blog, SBI Shinsei Trust Bank and SBI VC Trade have begun allocating 1 billion yen ($6.41 million) from JPYSC stablecoin reserves into short-term Japanese government bonds (JGB). The move follows recent regulatory policy adjustments in Japan that expanded stablecoin reserve

According to Yonhapinfomax, South Korea's 1-year FX swap points fell 0.10 won to -9.20 won on September 7, amid mixed market signals. The decline followed stronger-than-expected U.S. employment data released last week, with investors awaiting the U.S. Consumer Price Index (CPI) announcement on Septe

According to Yonhap Infomax, the USD-KRW exchange rate fell to 1,340.50 won on September 7, down 9.90 won from the previous session's close and marking its lowest level in nearly two years. The sharp decline, driven by stronger-than-expected U.S. employment data conflicting with reduced Federal

On the evening of September 4 Beijing time, the U.S. Department of Labor released the August NFP report. The data showed that seasonally adjusted nonfarm payrolls increased by 162,000 during the month, far exceeding the market expectation of 55,000, while the unemployment rate held steady at 4.1% and the labor force participation rate rose from 61.4% to 61.6%. This strong employment report triggered a Chain Reaction in financial markets. The CME FedWatch tool showed that the probability of a FED

Japanese stocks rose on September 7, driven by buying in semiconductor-related shares. The Nikkei 225 index closed at 66,399.84, up 1,378.90 points (2.12%) from the previous trading day, recovering the 66,000 level on a closing basis for the first time in five trading days since the 1st. The rally

According to Eurostat, eurozone employment growth in the second quarter (Q2) was confirmed at 0.5% year-over-year, matching the initial estimate released earlier.

According to Guru Club, Singapore's foreign exchange reserves reached $432.97 billion at the end of August.

According to Jin10, Japanese yen surged 1.1% to 154.56 on September 7, reaching its highest level since February and breaking above the peak touched after joint Japan-U.S. intervention. The rally was driven by rising market expectations for a Bank of Japan rate hike and speculation about potential s