DXY & Forex

On Oct. 9, U.S. 10-year Treasury yields rose 1.10 basis points to 5.2378%, declining 3.28 basis points for the week. The 2-year yield gained 2.93 basis points to 4.7869%, down 3.78 basis points weekly. The 10-year has been testing support at the 5.2% level since late September, with recent

On Friday (October 9), offshore Chinese yuan (CNH) broke through the September 21 close at 6.6929 and approached the July 8, 2022 low of 6.6862, trading at 6.6927 against the US dollar at New York close (Beijing time 04:59), up 108 pips from Thursday's close. CNH traded within a range of 6.7046–6.69

According to Bitcoin Magazine, Bitcoin fell below $81,000 on Thursday morning, October 8, down 3% in 24 hours and 4% over seven days. The decline was driven by surging Brent crude prices following renewed tanker attacks in the Strait of Hormuz, which raised expectations of higher U.S. interest

On Friday, October 9, Gold ETF surged 1.57%, leading major U.S. asset class ETFs, followed by Real Estate ETF up 1.45% and Emerging Markets ETF up 1.06%. The Dow ETF, U.S. Investment Grade Corporate Bond ETF, S&P 500 ETF, Brent Oil Fund, Soybean Fund, Nasdaq-100 ETF, U.S. 20+ Year Treasury ETF, and

According to the U.S. Commodity Futures Trading Commission (CFTC), asset managers shifted to a bearish stance on the Mexican peso during the week of October 6, marking their first bearish positioning in 18

The US 10-year Treasury term premium has continuously exceeded 90 basis points (bp) this month, according to the New York Federal Reserve Bank's model, with the latest data as of the 8th showing 91.98bp. The premium surpassed 90bp on the 1st of this month and reached 98.48bp on the 7th, marking the

According to New York Federal Reserve data released on October 8, the 10-year U.S. Treasury term premium reached 91.98bp, marking its highest level in over 12 years since July 2014. The premium has remained above 90bp throughout October, approaching 100bp on October 7 at 98.48bp. Term premium

According to ICE data, the dollar index rose 0.09% to 102.230 on Friday, October 9, with the weekly gain reaching 0.29%. Bloomberg's dollar index climbed 0.17% to 1226.15, up 0.32% for the week.

According to Jin10, the U.S. Dollar Index rose 0.08% to 102.216 on October 9, closing at the end of New York forex trading. Against major currencies, the euro weakened to 1.1202 USD from 1.1209 USD; the British pound strengthened to 1.3241 USD from 1.3225 USD. The dollar gained against the

According to CFTC data as of the week ending October 6, the British pound held the largest net short position at 97,611 contracts, followed by the euro at 99,332 contracts. The Swiss franc had a net short position of 23,740 contracts, while the Japanese yen maintained a net long position of 62,325 c

Nearly 20% of US households were delinquent on loan payments at some point during the three years through 2025, marking the highest level since 2010, according to a Federal Reserve household survey released on October 9. The delinquency rate rose approximately 8 percentage points from roughly 12% re

European Central Bank governing council member Kazaks stated that 2.5% represents the upper limit of the ECB's neutral interest rate.

According to Bank of America's October survey, fund managers cut euro currency exposure by a record monthly margin, with sentiment shifting back to bearish from the previous month's bullish positioning. Strategist Ralf Preusser noted that euro positioning and sentiment showed a marked decline, re-en

According to Reuters, U.S. 10-year Treasury yields climbed to 5.23% this week, marking their highest level in over 20 years, while 30-year yields rose to 5.614%. Since February, 10-year yields have increased approximately 135 basis points; 30-year yields have surged roughly 110 basis points from the

On Friday (October 9), French 10-year government bond yields fell 4.2 basis points to close at 4.853% in European trading. The 2-year French bond yield dropped 9.5 basis points to 3.643% for the week. Among other eurozone sovereigns, Italian 10-year yields fell 3.0 basis points to 4.572%, while

Former Deutsche Bank trader Christian Bittar had his Euribor-rigging conviction overturned by London's Court of Appeal on Friday, October 9, marking a significant extension of reversals in the UK Serious Fraud Office's post-financial-crisis benchmark manipulation prosecutions. Bittar pleaded guilty in 2018 to conspiracy to defraud over attempts to manipulate the Euro Interbank Offered Rate and was sentenced to five years and four months in prison. The conviction was quashed because Bittar's guil

On Friday, October 9, London's Court of Appeal overturned the Euribor-rigging conviction of former Deutsche Bank trader Christian Bittar, who had pleaded guilty in 2018 and was sentenced to five years and four months in prison. Bittar is the first defendant in UK Libor and Euribor cases to have a co

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage fell to $300 million with one counterparty on Friday, October 9, down from $335 million recorded the previous trading day.

On October 8, Nobel Prize-winning economist Paul Krugman warned that France's worsening public finances are on an "unsustainable path" and could trigger a debt crisis across the eurozone. In an article published the same day, Krugman stated that France's situation is concerning and poses a risk

On Friday, the yield spread between France and Italy's benchmark 10-year government bonds reached a record high of 30 basis points. Investors are now demanding higher compensation for holding French debt over Italian debt—a reversal from last year, when Italy was considered the higher-risk