DXY & Forex

According to Shanghai Observer News, Shanghai will announce an offshore finance action plan aimed at establishing an offshore financial system compatible with an international financial center. The plan includes pilot programs for offshore bonds, offshore reinsurance, and offshore renminbi

According to Jin10, Reserve Bank of Australia Deputy Governor Brad Jones warned on Wednesday (June 17) that Australian institutions must be prepared to handle a more shock-prone financial system as geopolitical tensions reshape financial and economic ties. Jones noted that Australia's fixed income m

According to Jarden economists, the Reserve Bank of Australia cannot use interest rate adjustments to speed up the natural decline of inflation. In a research report released on June 17, they forecast core inflation will remain above 3% until the second half of 2027. The economists attributed the

According to a Wall Street Journal survey of economists, 10 of 12 expect the Philippine Central Bank to raise its policy rate by 25 basis points to 4.75% on Thursday. Two economists forecast a larger increase of 50 basis points. Capitalink macroeconomic analysts cited that the Philippines is among A

According to Guangda Futures (via Jin10), Japan's central bank raised its benchmark rate by 25 basis points to 1% on June 16, marking the highest level since 1995. The central bank also announced it will pause the reduction of Japanese government bond purchases starting April 2027. Media reports in

According to Jin10, the People's Bank of China announced on June 17 that it will auction 40 billion yuan of 6-month central bank bills on June 22. The bills carry a fixed coupon rate, with a settlement date of June 24, 2026, and maturity on

According to Gate's latest data, silver prices rose to $70.173 per ounce, up 0.71% intraday on June 17. Gold prices climbed to $4,337.19 per ounce, up 0.22%. Bitcoin volatility index (BVIX) fell 3.23% to 38.71, while Ethereum volatility index (EVIX) dropped 4.39% to 54.5. USD/CNH declined 0.03% to 6

The People's Bank of China conducted 423 billion yuan worth of 7-day reverse repo operations today (June 17) at an interest rate of 1.40%, holding steady from the previous operation. The bid amount and successful bid amount both totaled 423 billion yuan.

China's central bank conducted 420.3 billion yuan of 7-day reverse repo operations today (June 17), with a net injection of 261.3 billion yuan at an operating rate of 1.40%, unchanged from the previous day. Reverse repo operations totaling 159 billion yuan matured today.

On June 17, the Chinese yuan midpoint against the U.S. dollar strengthened to 6.8096, up 12 points from the previous trading day's midpoint of 6.8108. Onshore yuan closed at 6.7574, with night session settlement at 6.7575.

According to Japan's Ministry of Finance, the country's exports to the European Union grew 14.5% year-over-year in May 2026.

According to Japan's Finance Ministry, Japan's exports to the United States grew 12.5% year-over-year in May.

Japan's unadjusted merchandise trade balance in May came in at -378.6 billion yen, beating market expectations of -547.6 billion yen. The reading reflects a shift from April's surplus of 301.9 billion yen to a deficit

Japan's goods exports posted a year-on-year growth rate of 17% in May, exceeding economist expectations of 16.5% and up from the previous month's 14.80%.

Japan's unadjusted merchandise trade balance for May came in at -3.787 trillion yen, beating expectations of -5.476 trillion yen. The previous month's figure was revised to 299.3 billion yen from an initially reported 301.9 billion yen.

New Zealand's current account deficit narrowed to NZD 1.008 billion in the first quarter of 2026, beating forecasts of a NZD 1.11 billion deficit and marking a significant improvement from the prior quarter's NZD 5.984 billion

Options traders are divided on the Federal Reserve's near-term rate path, with positions ranging from rate cuts to rate hikes, according to market participants. Swap market pricing indicates the Fed is highly likely to hold rates steady at its Wednesday meeting. Chair Kevin Walsh's first press

According to CME FedWatch, as of June 17, the Federal Reserve has a 99.5% probability of maintaining interest rates unchanged at its June meeting, with a 0.5% chance of a 25 basis point rate cut. For July, the Federal Reserve has a 92% probability of holding rates steady, a 7.9% probability of a 25