DXY & Forex

Cleveland Federal Reserve Chair Beth Harker advocated for smaller, more frequent policy adjustments to keep inflation expectations stable, during a speech on Monday at the National Association for Business Economics annual conference. Harker stated she generally prefers making smaller adjustments

Cleveland Fed President Beth Hammack said on October 12 that additional interest-rate increases are necessary to bring inflation back to the Federal Reserve's 2% target. Hammack told Barron's the current level of monetary-policy tightening remains insufficient even after the recent rise in bond

Fitch Ratings warned France on October 12 (local time) that its credit outlook could be changed to negative if the country fails to make significant progress in reducing its fiscal deficit amid ongoing political divisions. The credit rating agency stated that further substantial increases in

According to Fitch on October 12, the international credit rating agency warned that France's credit outlook could shift to negative if the country fails to make significant progress in reducing its fiscal deficit amid ongoing political divisions. Fitch currently rates France at A+ with a stable out

India's central bank introduced a facility allowing major state-owned oil companies to purchase dollars through designated banks instead of the spot market, redirecting an estimated $10 billion to $12 billion in monthly demand. The Reserve Bank of India (RBI) also tightened foreign exchange

According to RBI announcements, the Indian rupee surged 1% on Monday (October 14), its strongest rally since April, following the central bank's move to redirect approximately $10 billion to $12 billion in monthly dollar demand away from the spot market. The RBI introduced a special facility

On October 12, France's 10-year government bond yield rose 4.7 basis points to 4.9% during European market close. Italy's 10-year yield increased 0.1 basis point to 4.573%, while Spain's rose 0.7 basis points to 4.102% and Greece's climbed 0.4 basis points to 4.419%.

Cleveland Federal Reserve President Hamac, a voting member of the Federal Open Market Committee in 2026, is scheduled to deliver remarks in minutes.

On Monday (October 12) during European afternoon trading, UK 10-year gilt yield fell 0.5 basis points to 5.439%, hitting a daily low of 5.399% earlier in the session. The 30-year yield dropped 2.3 basis points while the 50-year yield also fell 2.3 basis points, signaling strength in longer-dated gil

According to Guru Club, the Euro-to-U.S. Dollar exchange rate touched its lowest level since May 2025 on Oct 12, declining 0.38% to 1.1159.

According to reports on October 12, Kazakhstan's central bank announced plans to reduce the proportion of gold in its total foreign exchange reserves by approximately 3 percentage points. The shift marks a transition from being one of the world's largest gold buyers to a seller. Central bank First

On Oct. 12, according to Australia's Securities and Investments Commission (ASIC), the regulator proposed renewing its contracts for difference (CFD) consumer protection order for another decade to 2037, with coverage expanded to include products with similar economic characteristics and risks

The US dollar index rose for a second consecutive trading session on October 12, gaining 0.187% to reach 102.420 as of 7:57 AM Eastern Time in New York forex markets. The dollar strengthened amid escalating conflict between Saudi Arabia and Yemen's Iran-backed Houthi rebels, which drove

According to Reuters survey, Argentina's inflation forecast for 2026 averaged 32.1%, revised down slightly from 32.3% in the July survey. For 2027, inflation is expected to reach 22.8%, down from 22.3% previously. Economic growth is projected at 1.9% for 2026 and 2.6% for 2027, both down from the 3.

According to New York Federal Reserve data, the secured overnight financing rate (SOFR) fell to 3.87% on October 8, down from 3.88% the previous day. The effective federal funds rate remained flat at 3.88%.

B2PRIME Group secured an additional credit line with its Tier-1 prime broker and expanded relationships with major banks following substantial growth in trading income and volumes. The institutional liquidity provider reported client trading income of €52.8 million for 2025, a 165% year-on-year

According to PANews, on October 12, U.S. Treasury market traders are awaiting the latest CPI data and Federal Reserve Chair Walsh's remarks to assess the pace of future rate hikes. October's nonfarm payroll report showed employment growth slowing significantly, prompting traders to expect the Federa

According to FinanceFeeds, B2PRIME expanded access to Tier-1 prime brokerage credit and strengthened relationships with major banks and financial institutions, supported by substantial growth in trading income and volumes. The company reported trading income of €52.8 million for 2025, up 165% year-o

According to the Russian Central Bank, Russia recorded a trade surplus of $11.74 billion in August.