DXY & Forex

On October 12 at 4:30 p.m., the onshore Chinese yuan closed at 6.6930 against the U.S. dollar, down 9 points from the previous trading day.

According to Jin10, the State Administration of Foreign Exchange announced on October 12 that Zhou Hesheng, Vice President of the People's Bank of China and Director of the State Administration of Foreign Exchange, will attend the opening ceremony of the 2026 Financial Street Forum and deliver a

According to Jin10, two major foreign exchange options contracts on euro and Japanese yen are set to expire on October 12 at 22:00 Beijing Time, with strike prices exceeding 1 billion yuan each.

Former Bank of Korea Governor Lee Chang-yong spoke at the IMF-World Bank Annual Meetings in Bangkok on October 12 (local time). He identified government integrity during the Park Chung-hee era and the post-1997 transition to a private-sector economy as Korea's key success factors.

According to Yonhapinfomax, Lee Chang-yong, former governor of the Bank of Korea, highlighted today at the IMF and World Bank annual conference in Bangkok that South Korea's economic success was rooted in government integrity and the 1997 financial crisis-driven transition from state-led to

According to Yonhapinfomax, on Oct 12 in Asian trading, the U.S. dollar index fell then recovered to 102.200, down 0.01% from the previous close. WTI crude for November delivery declined 2.09% to $89.92 per barrel, while Brent crude for December delivery fell 1.81% to $102.82 per barrel. The decline

Seoul's bond market posted strong gains in the post-holiday trading session as yields on 10-year Korean Treasury Bonds (KTBs) plunged 11.1 basis points to 4.301%, marking the lowest intraday level since August 31. Foreign investors drove the rally by purchasing over 25,000 contracts

According to the Seoul Bond Market, South Korea's 10-year government bond yield fell 11.1 basis points to 4.301% today, marking the lowest intraday level since August 31. The 3-year yield declined 7.9 basis points to 3.918%. Foreign investors drove the rally, purchasing 25,246 contracts of 3-year bo

Polish central bank official Wnorowski said on October 12 he is considering the possibility of a rate hike in November. The official did not provide additional details on the decision timeline or magnitude of a potential

According to Jin10, the International Monetary Fund (IMF) and World Bank held their annual meeting in Bangkok this week, with central bank leaders from multiple countries in attendance. A new World Economic Outlook report is scheduled for release on Tuesday, with IMF Managing Director Kristalina

According to Jin10 Data, President Trump announced on October 12 the formation of an investigation committee to review whether there are grounds to remove Federal Reserve Governor Cook from office.

According to Bank of America, U.S. 10-year Treasury yields climbed to 5.36% in October, with 30-year rates reaching their highest level since 2002, while French-German bond spreads widened to 140 basis points. BofA strategist Michael Hartnett warned that elevated rates are forcing markets to

According to Edoardo Campanella, head of investment research at UniCredit, announced on October 12, Europe's efforts to enhance strategic autonomy will likely require higher government borrowing, increased taxes, and expanded government spending rather than simple budget reallocation from social

In US Stock Market News, the S&P 500 posted its eighth consecutive weekly gain, marking its longest weekly winning streak since 2023. The Dow Jones Industrial Average rose more than 2% during the week, while the S&P 500 gained over 1%. The tech-heavy NASDAQ Composite advanced 0.5% during the

According to Deutsche Bank analysis, Singapore's core inflation is expected to remain at 2.0%-2.5% year-on-year over the next 12 months, above the Monetary Authority of Singapore (MAS) informal target of below 2%, potentially prompting the central bank to allow further appreciation of the Singapore

According to Jin10, Bank of Korea Governor Shin Hyun-sung stated on October 12 that inflation trajectory is "most important" in monetary policy decisions. Speaking at a National Assembly budget committee session in Seoul, Shin emphasized that high interest rates disproportionately impact

From 04:30 to 04:45 (UTC) on October 12, 2026, BTC posted a slight short-term gain of 0.49% over 15 minutes, with a price range of 83,698.0 to 84,137.3 USDT and an amplitude of 0.52%. Recent trading volume has remained depressed, with only 186 BTC traded over the past hour, indicating limited participation and an overall passive, rally-following pattern. The main driver of this move was spillover from broader macro risk aversion. Geopolitical tensions in the Middle East remain high as the joint

According to Robeco Asset Management, Colin Graham, head of multi-asset, said on October 9 that while elevated bond yields—with U.S. 10-year Treasury rates climbing to 5% or above—raise hurdles for stock investing, they have not sealed equities' fate. Graham noted that if inflation remains

Bank of Korea Governor Shin Hyun-song stated on October 12 that the central bank manages its foreign exchange reserves with a focus on stability and liquidity, while emphasizing that governance, independence, and expertise are critical for pension fund management. Shin made the remarks during a

According to Seoul bond market data, South Korea's 10-year benchmark government bond yields fell sharply to 4.323% on October 12, down 8.9 basis points from the previous day's mid-market rate. The 3-year yields declined 5.5bp to 3.942%, while 30-year yields fell 4.0bp to 4.417%. Foreign investors