DXY & Forex

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,

The U.S. dollar rose 0.5% against the Japanese yen today (August 28), reaching 160.19.

According to Fed chair Powell's Jackson Hole speech, on Friday, August 28, Germany's 2-year bond yield surged 4.2 basis points to 2.906%. Powell's newly disclosed remarks signaled a hawkish tone, significantly expanding the yield gain after initial market moves. Germany's 10-year bond yield

According to analysts and market reactions, Fed Chair Kevin Warsh reaffirmed the 2% inflation target at the Jackson Hole economic symposium on Friday (August 28), stating that if inflation does not decline quickly enough, the Fed "still has work to do." Markets interpreted the speech as hawkish,

The US 5-year Treasury yield climbed to 4.48%, marking its highest level since February 2025. The move reflects ongoing market dynamics in the fixed-income space.

U.S. mortgage rates are holding near elevated levels as of Aug. 27, with the average 30-year fixed rate at 6.66% and the 15-year rate at 5.98%, according to Freddie Mac. Treasury yields remain high, with the 10-year U.S. Treasury yield near 4.68% early Friday, keeping pressure on borrowing costs.

On August 28, UK 2-year gilt yield rose 4.8 basis points to 4.405%, marking its weekly gain. According to the trading data, the yield dipped to a daily low of 4.351% at 22:00 Beijing time when Federal Reserve Chair Powell's remarks were released, then rebounded sharply. Meanwhile, the 10-year gilt y

According to Masahiko Loo, senior fixed income strategist at State Street Global Advisors, the Bank of Japan may conduct another round of FX market intervention before its earliest possible rate hike in

The U.S. Dollar Index (DXY) gained 0.50% during intraday trading on August 28, reaching 99.62.

Federal Reserve Chair Kevin Warsh reaffirmed the Fed's 2% inflation target and pushed back on the idea that inflation is beaten in his first Jackson Hole keynote on Friday. Speaking on his 100th day in the job, Warsh said the Fed's preferred inflation gauge, the PCE index, is running at 3.7%

Between 15:30 and 15:45 UTC on August 28, 2026, BTC plunged 0.68% in 15 minutes, trading between 78,777 and 79,354 USDT, with a price amplitude of 0.73%. Market volatility intensified, and clear short-term selling pressure emerged. The move was primarily driven by a combination of bearish macroeconomic factors. First, Fed Chair Warsh sent hawkish signals at the Jackson Hole meeting, suggesting that inflation remains elevated and that further rate hikes may be necessary, directly pressuring risk-

Three economists from Circle, Cornell University, and Arizona State University published a paper arguing that digital currencies could strengthen U.S. dollar dominance in global finance. Gordon Liao, Eswar

Two-year U.S. Treasury yield climbed 10 basis points to 4.33% intraday on August 28.

USD/JPY rose to 160 for the first time since July 31, marking a move to fresh highs in the yen weakness trend.

According to a Bloomberg survey of 31 economists, eurozone inflation is expected to rise to 3.3% year-over-year in August, the highest level since 2023, up from 2.9% in July. The increase is primarily driven by rising energy costs stemming from ongoing Middle East tensions. Data from major eurozone

ECB Governing Council member Dolenc indicated on August 28 that a rate hike in September is highly likely. The remarks suggest the central bank may continue its tightening cycle in the coming month.