DXY & Forex

According to Jin10 Futures, as of 08:45 on June 18, the CFETS-NEX whole-market renminbi funding sentiment index stood at 52, up 2 points from 4:00 PM the previous day. The three-tier indices showed: large banks at 51 (up 2 points), mid-sized and small banks at 54 (up 3 points), and non-bank

According to Huatai Securities, the Federal Reserve maintained its policy rate at 3.5%-3.75% on June 18 morning (Beijing time), with the dot plot indicating a possible preventive rate hike in 2026. The research firm forecasts that the Fed will keep rates unchanged through September, with a

According to Bank of Korea, the central bank said on June 18 it will monitor potential market volatility amid risks from Middle East tensions, oil prices, and shifting monetary policies among major economies.

According to Goldman Sachs analyst Kay Haigh (via Jin10), today's Federal Reserve rate decision confirms the central bank's recent hawkish shift is not solely tied to energy prices. Despite recent oil price declines, half of FOMC members now expect rate hikes as early as this year, reflecting

According to CME FedWatch, after the Federal Reserve decision on June 18, market pricing for rate hikes shifted significantly. For July, the probability of the Fed maintaining rates held at 64%, down from 91% pre-decision, while cumulative rate hike

Foreign investors sold a net 531 billion yen worth of Japanese government bonds during the week of June 12, compared with 1,038.5 billion yen in outflows the previous week, according to Japan Securities Dealers Association

According to official Japanese data, Japanese investors net sold 418.3 billion yen in foreign stocks for the week ended June 12, an improvement from the prior week's net outflow of 943.6 billion yen.

Japan net purchased 382.6 billion yen of foreign bonds during the week of June 12, according to official data. This compares with 197.5 billion yen purchased in the prior week.

According to CNBC, Jeffrey Gundlach, chief executive of DoubleLine Capital, said that Fed Chair Kevin Warsh's recent remarks reveal a more hawkish approach than many investors anticipated. Warsh emphasized the central bank's commitment to price stability and returning inflation to the 2% target,

Fed Chair Walsh announced the formation of five specialized working groups focused on monetary policy reform during a post-meeting press conference on June 18 (Beijing time early morning). Walsh, who positions himself as a reformer, unveiled the initiative at his first press conference as the new Fe

According to the Federal Reserve, the central bank held the federal funds rate target range at 3.5%-3.75% on June 18, with the policy statement passing on a unanimous 12-0 vote. This marks the first time since mid-2025 that no dissenting votes were cast. Fed Chair Powell's successor presided over th

According to the Brazilian Central Bank, the Copom monetary policy committee unanimously decided to reduce the benchmark Selic rate by 25 basis points to 14.25%. The move marks the third consecutive rate cut and reaches the lowest level since

On June 17, the Federal Reserve held its benchmark rate at 3.5%-3.75% unchanged while signaling that officials expect a possible rate hike later this year to address persistent inflation pressures. The U.S. Dollar Index (DXY), which tracks the greenback against six major currencies, climbed

Gold futures ended slightly higher but gave up gains after-hours as the Federal Reserve held interest rates steady while signaling a potential rate hike later this year, lifting the U.S. dollar higher.

Bitcoin pushed toward $67,000 early-week before cooling back toward the mid-$65,000s, as traders weighed market reaction to a preliminary US-Iran memorandum of understanding announced around the G7 Summit regarding the Strait of Hormuz. The preliminary agreement, with formal signing still pending, c

On June 17, following the Federal Reserve's decision to hold interest rates unchanged, the U.S. 10-year Treasury yield rose 4.74 basis points to 4.4869%, with intraday swings ranging from 4.4217% (hit shortly before the Fed announcement) to 4.4968% (reached after Fed Chair Powell's press

According to a Bloomberg survey conducted Wednesday, 90% of 44 economists predict the Bank of Japan will raise its benchmark interest rate from the current 1% by the end of 2026, following the central bank's recent hike to its highest level since 1995. December is the most favored timing, with 52% o

According to market data, offshore Chinese yuan (CNH) depreciated to 6.7762 per US dollar on Wednesday (June 17) in New York afternoon trading, down 196 points from Tuesday's close and trading within a range of 6.7539 to 6.7816. The currency accelerated its decline after the Federal Reserve

The MSCI Emerging Markets Currency Index declined over 0.4%, marking its worst single-day performance in the past month.

Citigroup has delayed its expectations for when the Federal Reserve will raise interest rates by one month, now projecting the hike to occur in October.