DXY & Forex

Offshore yuan (CNH) closed at 6.8006 against the U.S. dollar on Monday, June 29 (Tuesday 04:59 Beijing time), up 43 pips from Friday's close. Intraday trading ranged between 6.8074 and 6.7933.

On June 29, Latin American markets faced pressure from dollar strength and geopolitical caution following tensions between the U.S. and Iran amid a fragile Middle East ceasefire. Bolivia's central bank reported its official exchange rate at 9.73 bolivianos per dollar, marking a 29% devaluation.

On June 29, U.S. 10-year Treasury yield fell 0.20 basis points to 4.3666% at the New York close, trading within a narrow range of 4.3646%–4.3882% throughout the day. The 2-year yield rose 0.62 basis points to 4.0983%, while the 30-year yield declined 1.28 basis points to 4.8513%. The 2/10-year yield

ECB President Lagarde stated on Monday that the eurozone economy has built greater resilience to economic shocks, allowing the central bank more flexibility to raise interest rates without triggering financial stress. Lagarde noted that as the 21-member currency union faces potential inflation shoc

On June 29, the ICE Dollar Index fell 0.24% to 101.112 at New York close, while the Bloomberg Dollar Index declined 0.13% to 1221.43, with both indices trading lower throughout the session.

On Monday (June 29) at the New York close, the ICE Dollar Index declined 0.24% to 101.112, with intraday trading ranging from 101.394 to 101.071. The Bloomberg Dollar Index fell 0.13% to 1221.43, trading between 1223.93 and 1221.36 during the

Onshore Chinese yuan (CNY) closed at 6.7960 against the U.S. dollar as of 3:00 AM Beijing time on June 29, up 18 pips from Friday's night session close. Trading volume stood at 44.907 billion U.S. dollars.

According to Jin10, ECB President Christine Lagarde stated on June 30 that the 25-basis-point rate hike in June was a prudent decision based on economic and inflation conditions at the time, not a preventive measure against future risks. Without the hike, inflation would have remained above the 2% t

According to Jin10, ECB President Lagarde warned that the eurozone may face shocks in coming years that could push inflation away from the European Central Bank's target.

According to Galaxy Digital CEO Mike Novogratz, Bitcoin's decline to around $60,000 is a "MicroStrategy-led breakdown in confidence" rather than a random market event, he said in a recent podcast discussion with Anthony Scaramucci. MicroStrategy is sitting on roughly $14 billion in unrealized

According to The Wall Street Journal's analysis on June 29, the U.S. Supreme Court ruled that President Trump cannot remove Federal Reserve Board member Cook, reaffirming congressional protections for Fed officials' tenure. The 5-4 decision limits the president's ability to pressure the Fed by

According to Federal Reserve data, the overnight reverse repurchase agreement (RRP) usage fell to $3.546 billion on June 29, with 4 counterparties participating. This compares to $6.426 billion on the previous trading

Mortgage rates declined on Monday, June 29, with the 30-year fixed mortgage falling to 6.44%, down from 6.48% the previous week, according to the Mortgage Research Center. The modest drop reflects continued stabilization in borrowing costs as the Federal Reserve maintains its benchmark interest rate

According to the Mortgage Research Center, the average 30-year fixed mortgage rate fell to 6.44% on Monday, June 29, down 0.04 percentage points from 6.48% the previous week. At this rate, a borrower financing a $100,000 mortgage would pay approximately $628 per month in principal and interest.

According to NY Federal Reserve data, SOFR (Secured Overnight Financing Rate) fell to 3.62% on June 26, down from 3.64% the previous day. The effective federal funds rate held steady at 3.63% on the same

According to Rabobank analyst Jane Foley, the euro may struggle to rebound without significant improvement in eurozone economic activity data, as reported by Jin10 on June 29. Foley noted that market sentiment toward the euro has shifted considerably, with geopolitical tensions dampening growth

According to Jin10, the USD/JPY exchange rate surged to 161.95 on June 29, marking its highest level since December 1986. The pair rose 0.1% during the session, breaking through its previous resistance level.

According to Bank of America Securities, as reported by Jin10 Data on June 29, the bank forecasts U.S. non-farm payrolls will increase by 110,000 in June, driven by moderate initial jobless claims and strong ADP employment data. BofA added that a robust employment report could reinforce market

According to Amundi, the Federal Reserve is likely to hold rates steady through the coming months as monetary policy has returned to a neutral stance, the investment research firm said on June 29. The firm noted that rate hike risks could rise if energy costs spread to broader prices and economic

In the final week of June 2026, the Middle East situation once again experienced intense volatility. The US military struck 10 Iranian military targets, and Iran subsequently retaliated against 8 US military facilities. Within days, the two sides quickly shifted from military confrontation to diplomatic negotiations, agreeing to a ceasefire and scheduling a meeting in Doha, the capital of Qatar, on June 30. Although this round of conflict was brief, its impact on global financial markets—especia