DXY & Forex

According to Jin10, citing "Fed whisperer" Nick Timiraos, on September 17, more than half of the 17 Federal Reserve policymakers who submitted 2029 projections believe rates need to remain at 3.6% or higher to bring inflation back to 2%. Timiraos noted a significant shift in consensus: two years

JP Morgan CEO Jamie Dimon expressed doubt that inflation has been fully controlled during a Yahoo Finance interview on May 16 (local time), immediately following the Federal Reserve's decision to raise interest rates. Dimon stated he does not believe inflation has completely disappeared and finds

Moon Da-woon, a researcher at Korea Investment & Securities, stated on September 17 that the USD-KRW exchange rate rebounded after the September Federal Open Market Committee (FOMC) meeting, but this does not signal a trend reversal. The US Federal Reserve raised the base rate and will continue to i

Bitcoin (BTC) remains weak, trading at around $76,410 as of Sept. 17. The U.S. House of Representatives passed the “2026 American Reserve Modernization Act” by a vote of 28 to 21, seeking to provide legal protection for Trump’s Strategic Bitcoin Reserve. The U.S. House Ways and Means Committee passed the “Digital Asset Tax Clarity Act” and submitted it for consideration by the full House. Macro Events & Crypto Hotspots According to CoinTelegraph, U.S. lawmakers took action Wednesday to turn U.S.

According to the Hong Kong Monetary Authority, HKMA Chief Executive Eddie Yue warned on Sept 17 that uncertainty remains around U.S. interest rate trajectory, advising the public to carefully manage interest rate risk in financial planning. Yue forecasted the HKD-USD interest rate spread will

Jim Bianco, head of Bianco Research and Wall Street veteran, stated on the 16th (local time) via his X account that the Federal Reserve 'finally listened to market signals' regarding the September Federal Open Market Committee (FOMC) results. Bianco explained that the market had been warning for the

According to Jin10 Data, the People's Bank of China conducted 159 billion yuan in net liquidity injection today (September 17) through reverse repo operations, including 162 billion yuan in 7-day repos and 600 billion yuan in overnight repos, offset by 30 billion yuan and 600 billion yuan in

According to the People's Bank of China, on September 17, the central bank conducted 162 billion yuan in 7-day reverse repo operations via fixed-rate tender and 600 billion yuan in overnight reverse repos. The 7-day operations fully met the demand from primary

According to Jim Bianco, CEO of Bianco Research, on September 16, the Federal Reserve "finally listened to market signals" with its September FOMC decision. Bianco stated that markets have warned for two years that the Fed's policy was misguided. He noted that long-term interest rates rising after t

The Chinese yuan's midpoint exchange rate against the U.S. dollar strengthened yesterday by 48 basis points to 6.7580, marking its highest level since February 3, 2023.

According to Jin10, on September 15, Bank of China's Hainan branch successfully launched the multi-currency cross-border centralized fund management service for multinational enterprises, guided by the State Administration of Foreign Exchange (SAFE) Hainan branch. The service was provided to

Sept. 17: Bitcoin traded weakly at $76,250. The FED voted unanimously, 12–0, to raise the federal funds rate by one quarter-point (25 bps), from 3.50%–3.75% to 3.75%–4.00%, marking the first rate hike since July 2023. The dot plot showed a median year-end 2026 rate forecast of 4.1%, implying that there could be one more rate hike this year. FOMC Rate Hike Decision: Federal Funds Rate Raised to 3.75%–4.00% All 12 voting members of the FED voted unanimously, 12–0, at the September 16, 2026, meetin

The Bank of Korea raised its benchmark interest rate consecutively in July and August, tightening liquidity, while the government announced an 820.9 trillion won budget proposal for next year in September, marking a significant spending increase. Bank of Korea Governor Shin Hyun-song defended the

According to the U.S. Treasury Department's TIC data released on September 17, foreign investors' holdings of U.S. Treasury securities declined to $9.25 trillion as of end-July, down $50.4 billion from June and marking the lowest level since October 2025. Japan reduced holdings by $12.8 billion to

According to Swift data, China's yuan accounted for 3.26% of global payments in August, rising 0.16 percentage points from the previous month's 3.1%.

Fed Chair Kevin Waller did not submit his own dot plot projection at the latest FOMC meeting on September 17, continuing his practice of withholding individual forecasts while providing a reaction function framework for policy decisions. The dot plot median showed a 4.1% year-end policy rate project

The USD-KRW exchange rate completed a 5-trading-day consecutive rise through May 16, climbing from 1,336.10 won on May 9 to 1,368.60 won, marking the first such streak since the May 8-15 period. The 2.6% weekly depreciation of the Korean won against the US dollar—the largest among G10 and emerging m

According to Yonhapinfomax, Federal Reserve Chair Barsh did not submit his dot plot following the September 17 FOMC meeting, instead emphasizing the Fed's reaction function to inflation and labor market conditions. Barsh clarified that no predetermined policy path exists, with decisions contingent o

According to ChainCatcher, Hong Kong's Monetary Authority will test tokenization of over HK$1.3 trillion in foreign exchange fund bills by year-end, settling transactions via stablecoins. The authority also plans to implement CBDC settlement and 24/7 operations on the EnsembleTX platform by the end

According to Trump's social media statements today, the U.S. president called for American interest rates to be cut to 1% or lower, citing the nation's strong global credit position and current economic momentum attracting significant new investment. Trump also reiterated demands for the Federal