DXY & Forex

The European Central Bank hiked its main refinancing rate to 2.65% on 10 September, citing inflation above target. The euro made modest gains against most major currencies except the dollar. The ECB's inflation forecast for 2026 remains at 3%, while growth projections for 2026 and 2027 were

UK 5-year gilt yields surged 14 basis points intraday to 4.94% on September 10, marking the largest single-day gain since July 8.

FCA-regulated forex and CFD broker Valutrades has denied reports that it is shutting down or withdrawing from markets, describing recent client restrictions as part of a strategic portfolio review. The London-based broker said it continues to operate across its global footprint and characterized

According to a Reuters survey, the U.S. 2-year Treasury yield is projected to fall to 4.20% within three months, 4.12% in six months, and 4.00% within a year. These projections represent upward revisions from August's survey, which had forecast 4.07%, 3.92%, and 3.80% respectively at the same

According to a Reuters survey, 55% of bond strategists expect U.S. 10-year Treasury yields could reach 5% within the next three months.

According to a Reuters survey, the U.S. 10-year Treasury yield is expected to decline to 4.67% within three months, 4.65% within six months, and 4.55% within one year. The latest forecast represents an upward revision compared to August's survey, which projected yields at 4.50%, 4.50%, and 4.34% for

U.S. producer prices jumped to 5.4% annually in August as the European Central Bank raised rates 25 basis points to 2.5% on Thursday. The monthly Producer Price Index increase of 0.4% was driven primarily by a 4.2% jump in producer energy prices, reinforcing concerns that inflation pressures are int

According to New York Fed data, the secured overnight financing rate (SOFR) held steady at 3.64% on September 9, unchanged from the previous day. The effective federal funds rate also remained flat at 3.63%.

According to Gate data, USD/JPY pulled back to 154.0 as of today (September 10), currently trading at 153.989 with a 24-hour gain of 0.5%.

According to Eurizon's fixed income chief Massimo Spadotto, speaking on September 10, the European Central Bank may raise its deposit rate to 2.75% in one of its final two policy meetings this year. Spadotto noted that one additional rate hike should be considered the base case scenario, driven

According to Jin10, on September 10, Nick Timiraos, known as the Fed's 'mouthpiece,' noted that Federal Reserve Chair Powell's Jackson Hole speech increased market expectations for interest rate hikes, though Powell did not specify what would trigger such a move. Markets filled this information

According to Carsten Brzeski, chief economist at ING, on September 10, if the European Central Bank raises rates further from the current 2.5%, it would signal the need for restrictive monetary policy. Brzeski noted that while eurozone economies have shown resilience this year, this does not

According to ECB President Christine Lagarde, recent inflation has fallen below expectations, with food prices declining particularly. The remarks reflect softer-than-anticipated price pressures in the eurozone amid ongoing monetary policy

According to Jin10, a trade official from Germany's Chamber of Commerce and Industry (DIHK) warned on September 10 that while European Central Bank rate hikes are justified given persistent inflation, many companies will face significant challenges digesting their impact. The official urged the Germ

According to JPMorgan Chase macro strategist Patrick Ernst, the European Central Bank's rate cut of 25 basis points today (Sept 10) provided limited new market information for the EUR/USD exchange rate. Following better-than-expected U.S. August PPI data, the euro fell 0.2% to 1.1607 against the

According to ECB President Christine Lagarde, on September 10, the central bank's discussion focused on today's policy decision and did not address future interest rate paths.

According to ChainCatcher, European Central Bank President Christine Lagarde stated today that inflation will remain above the ECB's target level until the first half of 2027.

According to Gate data, USD/JPY broke above 154.5 to 154.550, up 0.7% in the last 24 hours.

According to Jin10 data and CME FedWatch, following the August U.S. PPI release on September 10, the probability of the Federal Reserve raising rates by 25 basis points in September reached 74%. For October, the probability of a 25bp hike stands at 59.1%, while the probability of a 50bp increase

According to Russian Central Bank data, the country's gold and foreign exchange reserves totaled $75.35 billion as of the week ending Sept. 4, down from $77.42 billion in the prior week, representing a decline of approximately $2.07 billion.