DXY & Forex

According to Capital.com analyst Daniela Hathorn on June 24, upcoming U.S. economic data will determine whether the dollar's current rally has further upside. If inflation and labor market data continue supporting the narrative of sustained higher interest rates, the dollar should remain

U.S. current account deficit widened to $226.8 billion in the first quarter of 2026, missing consensus expectations of $210.6 billion and expanding from the prior quarter's deficit of $190.7 billion.

According to MillTech analyst Nick Wood, the UK Chancellor is likely to be replaced following Prime Minister Starmer's resignation this week. The selection of the next Finance Minister is expected to drive sterling and gilt movements, making the choice as critical to market confidence as the

U.S. Treasury Secretary Scott Bessent criticized the Federal Reserve's dot plot on Wednesday, stating that no one should publish it. Bessent revealed that during his time managing his own investment business, his firm operated a trading model specifically designed to bet against the dot plot, as it

In February, U.S. Treasury Secretary Bessent projected that the inflation rate would approach 2% by mid-summer, according to his public statement.

Capital.com secured two regulatory approvals from South Africa's Financial Sector Conduct Authority, establishing operations as both an Over-the-Counter Derivatives Provider and a Category 1 Financial Services Provider. The dual licenses authorize the broker to offer CFDs across equities,

According to Jin10, U.S. Treasury Secretary Bessen stated that the U.S. is prepared to take appropriate measures to maintain dollar strength.

Capital.com has secured two regulatory approvals from South Africa's Financial Sector Conduct Authority, authorizing the broker to operate as both an Over-the-Counter Derivatives Provider and a Category 1 Financial Services Provider. The dual licenses permit Capital.com to offer CFDs across

According to the Mortgage Bankers Association, for the week ending June 19, U.S. 30-year fixed mortgage rates fell to 6.59% from 6.60% the previous week.

The People's Bank of China will conduct a 500 billion yuan Medium-term Lending Facility (MLF) operation on June 25, 2026, with a one-year maturity. The operation will use fixed quantity, interest rate bidding, and multiple-price tender

The European Parliament's Committee on Economic and Monetary Affairs approved the digital euro package today (June 24), with 43 votes in favor and 14 against. The approval advances negotiations between the European Parliament and the EU Council, bringing the eurozone closer to its first central

According to QCP Group's latest macroeconomic report, the Iran-U.S. Memorandum of Understanding (MOU) has been formally signed, with Brent crude falling below $80 per barrel. Market focus is shifting from initial deal relief to execution risks, as the 60-day technical negotiation window opens, with

According to QCP Capital's June 24 market update, the Federal Reserve kept rates unchanged at 3.50%-3.75% but raised 2026 dot-plot estimates to 3.8%, strengthening the "higher for longer" policy signal. The central bank also lifted its 2026 inflation forecast to 3.6% from 2.7%, citing persistent

Sterling fell 0.4% against the U.S. dollar to 1.3156 today, reaching its lowest level since November 26, 2025.

According to CoinDesk, Federal Reserve Chair Kevin Warsh will testify before Congress on July 14 at 10 a.m. ET for the first time in his tenure. Traders are closely monitoring his remarks on stablecoins, banking custody arrangements, and potential signals regarding the Fed's interest rate

Onshore yuan closed at 6.8052 against the U.S. dollar at 4:30 p.m. Beijing time on June 24, declining 187 pips from the previous trading day's official closing price and 114 pips from the previous evening's close.

German 10-year government bond yields dropped to their lowest level since March 18 intraday on June 24, declining nearly 2 basis points to 2.899%.

The euro declined 0.4% to 1.1338 against the U.S. dollar, marking its lowest level since May 2025.

According to Kento Minami, chief economist at Daiwa Securities, the Bank of Japan is expected to take a neutral stance on economic risks in its quarterly forecast to be released in July, representing a shift from April's downside-leaning assessment. While downside risks to the economy have

According to Reuters, on June 24, Japan is studying how to optimize the management of approximately $1.3 trillion in foreign exchange reserves to boost investment returns. A growth strategy draft reviewed this week showed the government plans to evaluate public asset management methods, including a