DXY & Forex

According to Allianz chief economist Mohamed El-Erian, the U.S. Treasury yield curve flattened today, with the 2-10 year spread narrowing 7 basis points and the 2-30 year spread narrowing 10 basis points. El-Erian attributed the moves to hawkish repricing in fixed income markets following recent

According to Deutsche Bank on August 29, the bank's economists predict the Federal Reserve will raise rates by 25 basis points in both September and December. Federal Reserve Chair Powell emphasized in his Jackson Hole speech the need to bring inflation back to the 2% target, signaling a hawkish

Offshore yuan (CNH) fell 114 pips to 6.7308 against the U.S. dollar on Friday (August 28), trading within a range of 6.7176–6.7328 during the session. The currency declined approximately 0.15% for the

According to Grayscale's research team, the "debasement trade" is benefiting Bitcoin, as uncontrolled government debt growth weakens fiat currency credibility and prompts investors to seek alternative stores of value. The report, led by research head Zach Pandl, noted that U.S. public debt has

According to the Securities and Futures Commission on August 28, the Hong Kong regulator added SBCFX, Star Bridge Capital Group, Star Bridge Capital Pty Limited and Topical Wealth International Ltd to its alert list, warning that none of the entities is licensed or registered to conduct regulated

According to LPL Financial's chief economist Jeffrey Roach, Fed Chair Warsh's Jackson Hole speech today may offer limited new details in the main text, but footnotes and citations could reveal important clues about policy direction. "Listen for discussions on Fed credibility, productivity growth, a

According to Jin10, the U.S. Dollar Index rose 0.55% on August 28, closing at 99.703 in New York forex trading. The euro weakened to 1.1580 per dollar from 1.1649, while sterling declined to 1.3531 per dollar from 1.3589.

According to the U.S. Commodity Futures Trading Commission (CFTC), for the week ended August 25, the Japanese yen held net short positions of 63,298 contracts, while the euro stood at 36,352 contracts. The British pound recorded net short positions of 44,524 contracts, and the Swiss franc at 19,946

On Friday (August 28), USD/JPY rose 0.45% to 160.11 in New York's closing trade. The pair gained 0.73% for the week and traded within the 158.56-160.20 range, moving closer to July 30's high of 163.74. EUR/JPY fell 0.12% to 185.44, while GBP/JPY dropped 0.11% to 216.647.

The ICE U.S. Dollar Index rose 0.54% to 99.698 on Friday, August 28, with a weekly gain of 0.90%, according to market data. The index initially dipped to 99.098 when Federal Reserve Chairman Jerome Powell's Jackson Hole speech was released at 10:00 p.m. Beijing time, then rapidly rebounded to

According to Kenneth Rogoff, Harvard economics professor and former chief economist of the International Monetary Fund, at the Jackson Hole economic policy symposium, the U.S. government's worsening fiscal crisis will likely require a major shock to voters before reforms occur. Rogoff stated that un

Federal Reserve Chair Kevin Warsh warned on Aug. 28 that the central bank could have more work ahead if inflation pressures fail to ease. Speaking at the Fed's annual Jackson Hole symposium, Warsh said underlying inflation needs to show clear progress toward the central bank's 2% target. Warsh

According to TheStreet, Federal Reserve Chair Kevin Warsh warned on August 28 at the Jackson Hole Economic Symposium that underlying inflation must show "clear progress" toward the Fed's 2% target, otherwise "we have work to do." Warsh emphasized that recent data do not indicate meaningful

Grayscale Research Head Zach Pandl analyzed Bitcoin's market behavior as the cryptocurrency surged above $80,000 in recent days. Pandl identified a significant shift in Bitcoin's correlations: its 90-day correlation with gold rose from near zero at the beginning of the year to over 50%, while its co

According to Barclays Bank and Societe Generale, both institutions expect the Federal Reserve to raise interest rates in September and December. The forecasts reflect expectations for further monetary policy tightening by the U.S. central bank over the coming

According to U.S. Treasury Secretary Scott Bessent's statement on August 27, the U.S. and Japan's rare joint intervention to support the yen in July was intended to prevent disorderly market moves that could force liquidations and threaten global financial stability, ultimately raising U.S.

U.S. Treasury Secretary Scott Bessent defended recent currency interventions on Friday, arguing that yen market volatility could transmit to the United States and push up American interest rates. Bessent stated that yen market disorder may trigger forced liquidations, disrupting global markets and r

On Friday, Aug 28, Federal Reserve overnight reverse repo (RRP) usage fell to $175 million with one counterparty, down from $456 million on the previous trading day.

According to Bloomberg television interview, Bank of England Governor Andrew Bailey downplayed second-round inflation risks ahead of the central bank's September 17 rate decision. Bailey stated at the Jackson Hole Economic Symposium

According to BlockBeats, on August 29, Federal Reserve Governor Goolsbee stated that inflation caused by overheated demand is difficult to resolve, and inflation persistence has exceeded expectations. He emphasized that monitoring whether inflation remains temporary remains the key focus,