DXY & Forex

According to Jin10, the People's Bank of China Shanghai Branch held a meeting on Sept. 24 to advance offshore bond market development. Financial institutions were instructed to expand issuance scale, broaden investment channels by leveraging Foreign Trustee of Unit (FTU) policies to attract global i

According to a statement released by the People's Bank of China on September 24, the central bank unveiled its 2026 renminbi internationalization report, announcing plans to improve foundational institutional arrangements for cross-border yuan use. The PBOC outlined support for expanding offshore re

According to Gate data, USD/JPY rose to 158.567, breaking the 158.5 level with a 24-hour gain of 0.4%.

According to the People's Bank of China, the monetary policy committee held its third-quarter meeting on September 19, assessing that monetary policy transmission efficiency has strengthened and social financing costs have reached historically low levels. The committee noted that the loan prime

On September 24 afternoon trading in Seoul, the USD/KRW exchange rate rose to 1,366.00 won at 3:30 p.m., up 7.60 won from the previous close, hitting an intraday high of 1,376.00 won. Strong U.S. dollar momentum and rising

According to Jin10, on September 19, China's People's Bank conducted its third-quarter monetary policy meeting, calling for enhanced policy effectiveness by combining incremental and existing measures. The committee recommended strengthening policy foresight, flexibility, and precision, while

According to ING's FX strategist Francesco Pesole, on September 24, the euro fell to 1.1367 USD, reaching an eight-week low as the currency remained under pressure. Pesole stated that the euro has entered a notably undervalued zone following the break below 1.14 USD, driven entirely by dollar

According to Bank of America, the ECB is expected to raise interest rates by 25 basis points in December 2026, reversing the bank's previous expectation of no policy change.

According to Caixin and Hong Kong's Securities and Futures Commission, the RMB trading channel for Stock Connect will be launched by July 1, 2027, allowing mainland investors to directly trade Hong Kong stocks in Chinese currency. Meanwhile, Hong Kong Monetary Authority Chief Executive Eddie Yue an

According to Jin10 on September 24, former Dallas Fed President Robert Kaplan said bond markets are pricing in more Federal Reserve rate hikes than justified by economic data. Kaplan noted that while the Fed's September rate hike was appropriate and a December hike may be reasonable, a pause in

From 08:15 to 08:30 on September 24, 2026 (UTC), BTC plunged 0.73% over 15 min, falling from 84449.9 USDT to 83783.9 USDT, with a 0.79% range. The overall market came under clear pressure, with the buy-to-sell depth ratio at only 0.20. Asks significantly outweighed bids, and the short-term trend was weak. The main driver of this move was the systemic pressure on risk assets from hawkish FED signals combined with a stronger Dollar. FED Governor Michael Barr explicitly stated that further rate hik

French government bond yields surged past key thresholds on the 18th and the 23rd as the country's national debt interest burden escalated, intensifying political conflict over the 2027 budget proposal. The 10-year OAT yield surpassed 4.5% on the 18th for the first time since 2008 and traded at 4.53

According to Jin10, on September 24, the 30-year U.S. Treasury yield rose to 5.44%, marking the highest level since 2004, amid broad bond market weakness. The yield advanced 4 basis points following Brent crude oil's sharp climb. Columbia Threadneedle portfolio manager Ed Al-Hussainy noted that

According to CNBC, on September 24, France's 10-year bond yield surged to 4.53%, breaching the 4.5% level for the first time since 2008. The spread between French and German 10-year bond yields exceeded 100 basis points, marking the highest level since the 2012 eurozone debt crisis. Prime

According to Yonhap Infomax, Japan's Nikkei 225 index closed up 495.04 points, or 0.76%, at 65,513.99 on September 24, while the Topix index fell 15.84 points, or 0.39%, to 4,075.30. The gains were driven by delayed strength in artificial intelligence and semiconductor stocks following the market cl

On September 24 at the 4:30 p.m. close, onshore Chinese yuan closed at 6.7131 against the US dollar, down 66 points from the previous trading day.

According to the State Administration of Foreign Exchange, China's foreign exchange market recorded total transactions of 26.28 trillion yuan (3.87 trillion USD) in August 2026. The figure comprises 4.30 trillion yuan (0.63 trillion USD) in the bank-to-customer market and 21.99 trillion yuan (3.24 t

On September 23, 2026, preliminary U.S. September PMI data released by S&P Global exceeded market expectations across the board, immediately triggering a Chain Reaction across global risk assets. The CME FedWatch tool shows that the probability of the Fed keeping rates unchanged at 3.75%-4.00% at its October meeting is 29.1%, while the probability of a 25-bps rate hike is 70.9%. Meanwhile, according to data from Gate 行情, 比特币 was trading near $84,138 as of September 24 Beijing time, down approxim

According to the People's Bank of China, on September 24, the central bank conducted a medium-term lending facility (MLF) operation worth 800 billion yuan. Separately, data compiled by Jin10 shows global