DXY & Forex

According to Jin10, Standard Bank Namibia officially launched the Cross-border Interbank Payment System (CIPS) on August 10, becoming the first bank in Namibia to offer the service. The move enables faster settlement and lower foreign exchange risk for businesses conducting operations with China, St

The bid-to-cover ratio for the U.S. 6-month Treasury bill auction declined to 2.85 on August 10, down from 2.98 in the previous auction. The metric, which measures demand by dividing total bids received by the amount of securities offered, fell as investor appetite for short-term government debt

The U.S. Treasury's 3-month bill auction on August 10 recorded a bid-to-cover ratio of 82.94%, compared to 10.13% in the previous auction.

On August 10, the U.S. 3-month Treasury note auction settled at a yield of 3.735%, down from the previous auction's 3.75%. The decline of 1.5 basis points reflects shifting market conditions in short-term government

From 14:45 to 15:00 on August 10, 2026 (UTC), BTC pulled back slightly over the 15-minute period, with a return of -0.31%, a price range of 64,606.1–64,856.5 USDT, and an amplitude of 0.39%. Market trading was subdued, with overall sideways consolidation, while the 24-hour change was -0.62%. The main driver of this market move was a wait-and-see sentiment amid multiple macro factors offsetting one another. On the one hand, the US-Iran conflict in the Strait of Hormuz continued to escalate, with

US Treasury Secretary Scott Bessent executed three policy interventions in late July and early August as the 30-year Treasury yield reached 5.27%, its highest closing level since 2007, and the 10-year yield hit 4.75%. The actions included a joint yen purchase with Japan on July 31, a language

According to Nigel Green, CEO of deVere Group, Treasury Secretary Bessent made three policy moves in late July and early August as the 30-year Treasury yield finished at 5.27%, its highest level since 2007. On July 31, the U.S. and Japan jointly purchased yen after the currency weakened to

According to Bloomberg, the Japanese yen fell 0.8% to 159.06 on Tuesday (August 10), erasing more than half the gains from a historic joint intervention by the U.S. and Japan initiated in early August. The yen had plunged to near 164—a 40-year low—before the two countries launched their first

According to Goldman Sachs, yen depreciation pressures are likely to reappear as the fundamental factors driving currency weakness remain unchanged. Despite intervention warnings from Tokyo and Washington, the widening interest rate differential between the U.S. and Japan, concerns over Japan's

According to Bloomberg, on Monday, traders executed two notable purchases in SOFR options markets positioning for Federal Reserve rate cuts through late 2026 and early 2027. In December 2026 expiring contracts (SFRZ6), traders bought 20,000 call spreads (96.50–97.00 strike) at 1 point, targeting a 3

ARK Invest CEO Cathie Wood stated that widespread adoption of AI-powered commerce could create significant opportunities for Bitcoin and stablecoins. Wood identified Bitcoin and stablecoins as the two digital assets positioned to benefit most from agent commerce, where AI agents handle purchases,

According to Cathie Wood, ARK Invest CEO, AI-powered commerce—where AI agents autonomously handle purchases and payments—could create significant opportunities for Bitcoin and stablecoins as programmable payment methods on a global scale. Wood noted that Bitcoin's value stability relative to gold

UK 10-year gilt yield rose to 4.988%, marking a six-day high.

According to Gate data, USD/JPY broke through 159.0 and is now trading at 159.015, up 0.8% from the previous trading session close.

According to New York Federal Reserve data, SOFR (Secured Overnight Financing Rate) fell to 3.62% on August 7, down 3 basis points from 3.65% the previous day. The effective federal funds rate held steady at 3.63% on both

On Monday (August 10), U.S. stock indices traded near flat as stalled negotiations over reopening the Strait of Hormuz pushed Brent crude oil up 1.83% to $85.08 per barrel and boosted U.S. 10-year Treasury yields to 4.67%, according to market data. Hope for a lasting U.S.-Iran accord has dimmed,

According to Crowdfund Insider, Germany is considering supporting Bundesbank President Joachim Nagel's candidacy for European Central Bank leader, as speculation mounts about Christine Lagarde's possible early departure. Finance Minister Lars Klingbeil backs the move, though Chancellor Friedrich

According to Wind data, onshore Chinese yuan hit its highest level against the US dollar since February 6, 2023, on August 10. As of 4:30 PM local time, the yuan closed at 6.7442 per dollar, up 59 basis points from the previous close, with an intraday high of 6.7432. The advance reflects continued e

According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed mortgage rate reached 6.69% as of August 6, up from 6.66% a week earlier and marking its highest level since July 2025. The 15-year fixed rate slipped to 6.01% from 6.04%. The 10-year Treasury yield eased to around 4.65% in

According to Japan's Kyodo News, on July 31, the Japanese and U.S. governments implemented a coordinated yen-buying intervention—the first such joint action in 28 years. The move was prompted by BOJ Governor Ueda Kazuo's strong signal during that day's press conference that the