DXY & Forex

South Korea's Financial Supervisory Service (FSS) announced on August 20 the extension of margin exchange guidelines for non-cleared over-the-counter (OTC) derivatives transactions, effective from September for a one-year period. The extension applies to 143 companies for initial margin

The U.S. dollar against offshore Chinese yuan (CNH) fell to 6.73082 on Wednesday, August 19 at New York close (4:59 AM Beijing time Thursday), declining 155 points from Tuesday's close and marking a new low for the

According to sources, the Trump administration plans to reduce tariffs on Canadian vehicle imports from 25% to 15% as part of a broader trade agreement. The deal would require Canada to withdraw retaliatory trade measures against the U.S. The new 15% tariff will continue to apply to non-U.S.

According to Citi, the U.S. Treasury's expansion of 10–30 year debt buybacks this week pushed long-term bond yields lower and weakened the dollar to its lowest level since mid-May. Citi strategist Dirk Willer noted that efforts to suppress yields carry a main cost: currency weakness. In response, Ci

According to Jin10, on August 20, former President Trump urged the Federal Reserve to cut interest rates, stating that U.S. interest rates are too high. He claimed that each 1 percentage point rate cut would reduce costs by approximately $600 billion and criticized the current rate system as

President Trump stated today that the U.S. may reduce tariffs on Canada to levels applied to other nations, noting that Canada currently faces higher tariff rates.

The US Treasury auctioned $16 billion in new 20-year bonds at a yield of 5.204% on August 19 local time, according to the Treasury Department. The auction attracted weak demand, with the yield settling above market expectations. The 20-year bond remains the least popular and least traded among

President Trump stated that farmers will not need to pay tariffs under the Canada trade arrangement, according to the statement.

According to the U.S. Treasury, the 20-year bond auction held on August 19 settled at a yield of 5.204%, up 4.1 basis points from July's 5.163% and the highest level since October 2023. The bid-to-cover ratio fell to 2.53x from 2.64x the prior month, marking the lowest since February. Indirect

According to Jin10, the U.S. Dollar Index fell 0.83% on August 19, closing at 98.833 in New York forex trading. The euro strengthened to 1.1674 per dollar from 1.1576, while sterling rose to 1.3607 per dollar from 1.3534. The dollar weakened against the yen to 158.32 from 159.60, and against the

Iran and Iraq will resolve banking issues within weeks, Iran's central bank governor said on August 19. Iraq has agreed to provide guarantee letters for Iranian contractors using Iran's bank assets in Iraq as collateral, aiming to accelerate bilateral economic

Federal Reserve officials indicated additional rate hikes may be necessary if inflation fails to move toward the 2% target, per minutes from the July 28–29 FOMC meeting released Wednesday. The Fed held its benchmark rate at 3.50%–3.75% at that meeting. The minutes revealed a more hawkish debate

Iran's Central Bank head stated that as of now, no funds frozen under the agreement framework have been unfrozen. The official made no indication of progress toward asset release.

According to Federal Reserve meeting minutes released Wednesday, the FOMC voted 9-3 in July to maintain benchmark rates at 3.5%-3.75%. Three officials—Logan, Hammack, and Kashkari—dissented, advocating for a 25 basis point rate increase. Two regional Fed presidents without voting rights at the

According to Jin10, the Federal Reserve's latest meeting minutes reveal that many policymakers believe maintaining higher interest rates may be necessary if inflation fails to continue declining.

According to Federal Reserve meeting minutes released recently, multiple officials noted that financial markets are transmitting part of the Fed's monetary policy tightening effects.

The Federal Reserve's latest meeting minutes indicated the central bank made no decision on the number of policy meetings, with Fed Chair Wosh confirming the 2026 meeting schedule remains unchanged.

According to Federal Reserve meeting minutes, Fed Chair Jerome Powell announced that the central bank will hold policy meetings six times per year, approximately every two months. Powell noted that this frequency allows for more information to accumulate between consecutive meetings.

According to Brazil's Central Bank, Brazil received net capital inflows totaling $1.504 billion in August through August 14. The previous week saw $851 million in net inflows.

According to the U.S. Treasury, the department announced Wednesday it will at least double the size of liquidity-support buybacks for 10- to 30-year securities beginning Sept. 9, raising the maximum operation size from $2 billion to at least $4 billion. The move pushed longer-dated Treasury prices h