DXY & Forex

According to Jin10, on June 29, the Chinese yuan weakened against major currencies in the interbank forex market. The USD/CNY midpoint rate climbed to 6.8175, up 9 pips, while EUR/CNY rose to 7.7564, up 159 pips, marking significant moves in the currency

According to Jin10, as of 08:45 on June 29, the CFETS-NEX China RMB funding sentiment index rose to 48, up 1 point from the previous day's 16:00 close. The sentiment index for large banks, mid-size banks, and non-bank institutions stood at 47, 50, and 47 respectively, each up 1 point. The index

According to CFETS, on June 26, China's RMB exchange rate index rose 0.8 points to 102.57 on a weekly basis.

According to China Citic Securities, the People's Bank of China announced overnight repurchase operations on June 29, focusing on pricing relative to the 7-day repo rate of 1.4%. The bank will monitor whether this tool signals broader monetary accommodation and whether it becomes a routine

Japan's retail sales grew 1.9% month-over-month in May, beating expectations of a 0.5% decline, compared to a 1.3% increase the previous month.

Japan's May retail sales surged 5.3% year-on-year, significantly exceeding the forecast of 3.2%. Additionally, the prior month's figure was revised upward to 2.8% from the initial reading of 2.1%.

According to Jin10, Australia's central bank may raise official rates further in August due to persistent domestic inflation concerns, according to Matthew Hassan, Westpac's head of Australian macroeconomic forecasting. Hassan noted that the normalization of oil and natural gas supply will be a

According to an Invesco survey, 61% of central banks believe U.S. debt levels negatively impact the long-term status of the dollar as a reserve asset.

On Jun 28-29, major central banks and institutions are set to release key economic data and hold policy speeches. The European Central Bank's forum in Sintra runs through July 1. Earlier today, Australia's RBA Assistant Governor Kent speaks at 07:30 Beijing time, followed by Japan's May retail

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has dropped by 3.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to the People's Bank of China, PBOC Governor Pan Gongsheng attended the Bank for International Settlements (BIS) governors' meeting and annual general meeting in Basel, Switzerland, on June 27-28. Central bank governors discussed international economic and financial conditions, measuring s

According to Bank of America Securities Chief Strategist Michael Hartnett on June 28, three conditions could trigger a broad market risk-off this summer: Mag7 ETF falling below $60, USD/JPY dropping below 110, and yield curve inversion. None have been triggered yet, though warning signals are

According to Steven Blitz, chief economist at GlobalData TS Lombard, Fed Chair Kevin Warsh's hawkish commitment to the 2% inflation target eased the U.S. Treasury market on Friday, June 26. The 10-year yield fell to 4.37%, a five-week low, after Warsh signaled he will not cut rates to appease the

According to ChainCatcher, gold, silver, and bitcoin experienced steep synchronized declines this week as the broader "currency debasement trade" collapsed. Gold broke below $4,000, down approximately 28% from its January 2025 peak of $5,600; silver fell over 50% from its $120 high; bitcoin

According to Gavekal Research, the scenario that was widely feared in 2025—where former President Trump would undermine Federal Reserve independence, force rate cuts, and push inflation above the Fed's 2% target—is now unlikely to occur. Recent developments over the past seven months have shifted th

X Money has reportedly rolled out to Premium+ users with fiat payment functionality, supported by Cross River Bank for backend account management and transaction processing. Cross River Bank provides the technical infrastructure enabling fiat transactions within the X Money platform. The

DTCC selected Chainlink Runtime Environment as orchestration middleware for its forthcoming Collateral AppChain, according to reports based on official source material. The AppChain is targeted for Q4 2026. Chainlink infrastructure is also tied to Project Pangea, a 50-bank foreign exchange

According to Iran's official data, the country's inflation rate surged to 88.6% year-over-year in June, driven by the impact of Middle East tensions, according to reports on June 27-28.

On June 26, Serbia hosted the RMB Forum in Belgrade, focusing on RMB cross-border settlement, RMB internationalization trends, and high-level opening of Chinese capital markets. The forum brought together approximately 120 participants from Serbian government departments, commercial banks, and

According to CME FedWatch data, as of June 27, the probability that the Federal Reserve maintains interest rates unchanged in July stands at 70.1%, while the probability of a 25 basis point rate hike is 29.9%.