DXY & Forex

US stock indices closed mixed on Friday as the S&P 500 rose 0.17% and Nasdaq gained 0.39% while the Dow fell 0.18%. The session coincided with triple witching day when futures and options expired simultaneously, with Citadel Securities reporting a near-record $7 trillion in expiring options

According to Business Insider, DoubleLine Capital Chief Investment Officer Jeff Gundlach warned recently that rising U.S. Treasury yields pose significant risks to the economy and financial markets. The 10-year yield recently broke above 5% for the first time in years, and Gundlach cautioned it

The Philadelphia Semiconductor Index rose 2.78% following a prior 3.14% gain, sustaining a rally despite US 10-year Treasury yields surpassing 5%. Approximately $100 million flowed into semiconductor call options on Thursday, with similar volumes on Friday targeting Micron, SanDisk, and Marvell

According to CME FedWatch, as of September 20, market pricing indicates a 56.5% probability of a 25 basis point rate hike at the October FOMC meeting, with a 43.5% chance of no change. Looking further ahead, through December, markets price in a 46.6% probability of cumulative 25bp hikes, a 33.3% pro

Twenty foreign exchange experts surveyed by Seoul Economic Daily recommend the Korean won strengthen from its current level of 1383.3 won per dollar (closed on the 18th) to the 1300-range to stabilize inflation and boost household purchasing power. Fourteen of the 20 experts (70%) assessed won stren

According to an emergency survey by Seoul Economic of 20 foreign exchange experts on September 20, the 1,300-1,350 KRW/USD range was identified as the optimal exchange rate, with 7 experts citing this band as most appropriate. Fourteen of the 20 respondents (70%) assessed won strength as positive fo

On September 20, Minneapolis Federal Reserve President Neel Kashkari stated that U.S. inflation remains elevated and pressures have broadened beyond oil price impacts from Middle East conflicts, extending across multiple economic sectors. According to Kashkari, the Fed is increasingly concerned that

US Treasury Secretary Scott Bessent on local time refuted reports that foreign investors are pulling back from US assets, stating that the dollar was involved in 89.2% of global foreign exchange transactions. Bessent emphasized that foreign investors still hold massive amounts of US assets. The

According to Yonhap Infomax, U.S. Treasury Secretary Scott Bessent stated on September 20 that the dollar accounts for 89.2% of global foreign exchange transactions, reaffirming the currency's central role in international finance. Bessent emphasized that foreign investors continue to hold

Fed Vice Chair Austan Goolsbee will deliver remarks on September 21 at 18:30, while Bank of Canada Governor Tiff Macklem will attend an event at 23:20. Scheduled remarks from central bank officials typically influence market expectations regarding monetary

According to the Financial Times, U.S. debt markets are bracing for approximately $1 trillion in short-term debt issuance as borrowing costs continue to climb. Wall Street anticipates heightened Treasury bill issuance amid elevated lending

Kevin Warsh became Federal Reserve Chair on May 22, 2026, following Senate confirmation on May 13, and has since implemented a less interventionist policy approach favored by Oaktree Capital Management co-chairman Howard Marks. In September 2026, the Fed raised the federal funds rate by 25 basis

The emerging-market local-currency bond market delivered returns between 9% and 19% in USD terms across major indices in 2025. This marked the best performance since 2019. Dollar-denominated sovereign debt from developing nations struggled under elevated US Treasury yields. The outperformance

On September 15, Treasury Secretary Scott Bessent told the House Financial Services Committee that foreign holdings of US Treasuries reached approximately $9.3 trillion, representing roughly 30-32% of all publicly held debt. Foreign investors have been flowing into US equities at an average rate of

JPMorgan announced the launch of its GBI-EM Edge frontier local-currency government bond index by the end of September 2026. The index will track approximately $330 billion in debt across 26 emerging-market countries, with Africa representing around 45% of the weighting. The average nominal yield on

According to Xinhua News Agency, Chinese and U.S. trade teams began economic negotiations in New York on September 20, local time.

According to PANews, Federal Reserve officials, including Kashkari, stated today that the Fed's mission is to bring inflation back to its 2% target. Inflation remains elevated beyond oil price factors alone. Strong investment demand typically exerts upward pressure on interest rates, the official

According to U.S. Treasury Secretary Scott Bessent on Sept 20, Treasury debt buybacks are intended to increase market liquidity and manage debt duration structure, not to control the over $30 trillion U.S. Treasury market. Bessent noted that the U.S. dollar remains on one side of 89.2% of global

According to Jin10, next week (September 23-29, 2026) will see intense communication from U.S. Federal Reserve officials. FOMC permanent member and New York Fed President John Williams is scheduled to deliver speeches on multiple occasions, including at the 2026 U.S. Treasury Market Conference and a