DXY & Forex

On August 31, USD/JPY broke through 160 per dollar, moving closer to intervention watch levels as strategists identify 161 as the first threshold for potential official response, followed by 162-163 where U.S. and Japanese authorities previously intervened in late July. The pair had recovered only m

According to CME FedWatch data as of 11:40 a.m. ET on August 31, the Federal Reserve's Federal Open Market Committee (FOMC) has a 66% probability of raising the federal funds rate target range by 25 basis points to 3.75%–4.00% at its September

On August 31 (New York close), the Bloomberg Dollar Index declined 0.22% to close at 1195.98, with an August monthly loss of approximately 0.9%. The ICE Dollar Index fell 0.29% to 99.416, posting a monthly decline of about 0.50%, with an August trading range of 100.083–98.557

Offshore yuan (CNY) hit 6.7195 against USD at 03:00 Beijing time today, appreciating 112 points from Friday's close. Trading volume reached 26.081 billion USD.

According to Reuters, on August 31, U.S. Treasury Secretary Scott Bessent stated during the G20 Finance Ministers meeting in Asheville, North Carolina, that he believes Japan's government and the Bank of Japan will take action to strengthen the yen. Bessent indicated he possesses information the

U.S. stock markets opened lower on Monday, August 31, as surging oil prices and rising Treasury yields revived inflation concerns. The S&P 500 declined 0.18% to 7,697.52, while the Dow Jones Industrial Average fell 97.4 points to 53,462.6. The Nasdaq Composite slipped 0.17% to 26,358.56. Brent

The average rate on the 30-year fixed mortgage jumped to 6.87% on Monday, the highest level since June 2025, according to Mortgage News Daily. The increase follows renewed hostilities in the Iran war that pushed oil prices higher, driving bond yields up and mortgage rates along with them. This

According to Mortgage News Daily, the average 30-year fixed mortgage rate jumped 6 basis points to 6.87% on Monday, marking its highest level since June 2025, as renewed hostilities in the Iran war pushed oil prices higher and drove bond yields up. The rate has climbed 12 basis points since

From 17:30 to 17:45 UTC on August 31, 2026, BTC rose 0.47% over the short term, trading in a range of 78,538.6–79,000.0 USDT, with an amplitude of 0.59%. The 24-hour loss narrowed to 0.56%, while the price remained near $78,743.5, moving sideways within the $77,000–$79,200 range amid a clear standoff between bulls and bears. The primary driver of this volatility was the direct escalation of the US-Iran military conflict. The US launched airstrikes against rocket launchers on Iran’s Larak Island

According to Treasury Secretary Scott Bessent in a CNBC interview on August 31, the U.S. Treasury expanded buyback operations for longer-dated bonds from a maximum of $2 billion to at least $4 billion. Bessent stated that August was the best-performing month for U.S. Treasury bonds, with 30-year

The Federal Reserve's overnight reverse repurchase agreement (RRP) facility saw usage reach $67.26 billion across 4 counterparties on August 31, a significant increase from $1.75 billion on the previous trading

Goldman Sachs analyzed the effectiveness of government interventions in yen currency markets and the outlook for carry trade strategies in a report released on the 31st local time. Strategist Kamakshya Trivedi stated that while intervention effects are gradually weakening, relative value carry strat

According to Goldman Sachs strategist Kamakshya Trivedi on Aug 31, carry trade is maintaining effectiveness despite diminishing results from Japanese and U.S. authorities' intervention in the yen market. Goldman noted the strategy is on track for its best performance since 2010 data collection

The MSCI Emerging Markets Index rose 3.3% in August, marking its best performance for the month since 2004. The rally was driven by broadening gains beyond top artificial intelligence stocks, supported by a commodities rally fueled by dollar weakness. Global investors have increased allocations to e

According to CME Fed Watch data on September 1, the Federal Reserve has a 67.9% probability of raising interest rates by 25 basis points in September, while the probability of holding rates unchanged stands at 32.1%.

Germany's 2-year and 10-year bond yields climbed on August 31, with the 2-year rate rising 3.2 basis points to 2.937% and approaching its June 2024 peak of 2.996%. Over August, the 2-year yield gained 11.6 basis points, while the 10-year rate added 11.8 basis points to 3.324%. Across the eurozone,

According to Yonhap News, Federal Reserve Chair Kevin Walsh described the current era as an age of "secular growth" and "global investment surge" on August 31 during a G20 finance ministers and central bank governors meeting in Asheville, North Carolina. Walsh noted that "secular stagnation" is