DXY & Forex

According to market pricing, the Federal Reserve is expected to have approximately a 50% probability of raising interest rates in September.

According to the U.S. Bureau of Labor Statistics, preliminary benchmark revisions for nonfarm payrolls through March 2026 showed a downward adjustment of 79,000 jobs. The final benchmark revision will be released in February 2027 alongside the January employment

According to Jin10, USD/JPY rose 0.3% to 159.86 on August 28, reaching its highest level since July 31.

According to Fed Chair Kevin Walsh's prepared remarks for the Kansas City Federal Reserve's economic symposium on Friday, the central bank reaffirmed its 2% inflation target measured by the Personal Consumption Expenditures (PCE) price index as a firm and immovable goal. "There should be no

The U.S. two-year Treasury yield rose to 4.286%, marking its highest level since July 31.

According to BlockBeats, Federal Reserve Chair Walsh stated on August 28 that forward guidance should have a limited role in monetary policy. Market participants should focus on real economic information rather than forward-looking guidance based on outdated or inaccurate data. Walsh also noted that

According to PANews, Federal Reserve Chair Jerome Powell stated today that inflation data has not shown a significant improvement in trend, and the Fed's current primary focus remains on prices.

The U.S. Dollar Index (DXY) dropped 20 pips to a low of 99.06 earlier today, August 28, and has since rebounded to 99.28.

According to BlockBeats, on August 28, the U.S. 10-year Treasury yield slid lower, dropping 1.4 basis points intraday to hit a daily low of 4.6604% ahead of Federal Reserve Chair Powell's speech.

According to the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) stood at 3.64% on August 27, unchanged from the previous trading day. The effective federal funds rate was 3.63%, also unchanged from the day

According to CME Fed Watch data as of August 28, the probability of the Federal Reserve maintaining interest rates unchanged in September stands at 64.3%, while the probability of a 25 basis point rate hike is 35.7%. Fed Chair Kevin Powell is set to deliver his first Jackson Hole speech at 10:00

On August 28, President Trump signaled potential sanctions on Chinese banks engaged in transactions with Iran, replying "Who said I'm not?" when reporters asked why he has not yet imposed such measures from the Oval Office. The remark followed Treasury Secretary Scott Bessent's August 25

According to Odaily, Federal Reserve official Christopher Waller said the Fed should raise interest rates, as waiting would only bring pain. Waller also stated he does not believe financial conditions are in a restrictive state.

According to ChainCatcher, Federal Reserve official Hammack stated the Fed should take rate-hiking actions on August 28, warning that further delays would only bring pain. Hammack also noted he does not believe financial conditions are in a restrictive state.

According to BlockBeats, on August 28, Federal Reserve official Hammack advocated for a rate hike, stating that delay would only bring pain.

On Friday morning, U.S. stock index futures showed mixed movements and oil prices retreated, as markets awaited Federal Reserve Chair Powell's speech for policy guidance. South Korea's central bank delivered a hawkish rate hike, pushing the won to a 13-month high, with the central bank governor

The Federal Reserve Bank of New York received no bids in its overnight repurchase operations on August 28.

According to Jin10 data, on Friday, August 28, the US dollar held near one-week highs as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole Global Central Bank Conference. Traders have priced in expectations for at least one 25-basis-point rate hike this year, given t

According to Jin10, Allianz Chief Advisor Mohamed El-Erian stated on August 28 that Fed Chair Powell's upcoming Jackson Hole speech presents a delicate challenge in balancing market expectations. El-Erian noted that some expect Powell to follow tradition by providing forward guidance and detailing t

According to Trump's remarks on August 25, the U.S. Treasury announced Operation Economic Outcast, a sweeping expansion of secondary sanctions against Iran designating over 60 entities across five sectors: digital assets, technology, gold, aviation, and shipping. Trump hinted at potential sanctions