DXY & Forex

According to Bank of America strategists Oliver Levingston and Ralf Preusser, the financial market is underpricing risks from the forthcoming El Niño phenomenon on global food supply chains, and the bank recommends buying the New Zealand dollar (NZD) as a hedge. The strategists said the cyclical

According to Politico, President Trump is weighing whether to delay tariffs on Canada.

U.S. stocks fell Tuesday Aug. 18 as the S&P 500 dropped about 0.6%, the Nasdaq Composite declined roughly 1.4%, and the Dow Jones Industrial Average remained close to flat. The selloff was driven by a sharp semiconductor selloff and another surge in long-term Treasury yields, which outweighed

As of Tuesday, the 10-year U.S. Treasury yield broke above 4.7%, driven by a selloff in long-dated U.S. government bonds, with the yield curve steepening as investors reassess expectations for economic growth, inflation, and fiscal risk. The surge directly pressures U.S. households through

According to sources cited by Jin10, U.S. negotiators have downgraded expectations for a last-minute deal with Canada to avert new tariffs taking effect on Wednesday (August 20). Insiders indicated the probability of reaching an agreement by midnight Tuesday is "50-50 or lower." Canadian goods

According to Bloomberg, the U.S. deliberately weakened expectations about reaching a trade agreement with Canada on Tuesday, according to sources familiar with the matter.

Prediction markets assign 67-71% odds to the Federal Reserve holding interest rates unchanged at its September 15th-16th meeting. Traders on Kalshi and Myriad platforms expect the central bank to maintain its target rate range at 3.50%-3.75%. The market sentiment follows weaker-than-expected jobs

On Tuesday (August 18), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage fell to $155 million, down sharply from $2.55 billion recorded in the previous trading day. The facility had only 6 counterparties participating in the

On Tuesday European close, Germany's 10-year Bund yield rose 3.8 basis points to 3.259%, marking the highest level since 2011. The yield has advanced for three consecutive trading days, accumulating a 12.8 basis point gain. Germany's 2-year yield climbed 5.0 basis points to 2.853%, while the 30-year

According to Nikkei, Japan is preparing for demands that Donald Trump may raise before the U.S. midterm elections, specifically on defense spending and the yen issue.

According to Yonhapinfomax, on August 18 at 8:57 a.m. ET, U.S. 10-year Treasury yields rose 1.30 basis points to 4.738%, extending a three-day rally. The 2-year yield gained 1.60bp to 4.198%, while 30-year yields reached 5.317%, marking their highest level since 2007. The selloff reflects growing c

On August 18, the U.S. 6-week Treasury bill auction settled at a yield of 3.645%, down from 3.67% in the prior auction.

Trading Technologies announced it will add connectivity to Kalshi and Crypto.com's OG.com exchange, enabling institutional traders to access CFTC-regulated prediction markets and margin-based crypto futures directly from its platform. Kalshi integration is targeted for Q3 2026, while OG.com's crypto

According to the U.S. Labor Department, import prices fell 0.4% month-over-month in July, defying market expectations of a 0.1% increase. This marks the largest monthly decline since May last year. Year-over-year, import prices rose 5.9%. AI-related computer and electronic product imports

According to MTS, the U.S. 30-year inflation-protected Treasury (TIPS) real yield—which reflects the true interest return after adjusting for inflation—rose to 3% on Aug 18, marking the highest level since the Great Recession. MTS cited fiscal deficits, inflation, and Federal Reserve policy as

According to a Reuters survey, the Bank of England is expected to maintain interest rates at 3.75% before the first quarter of 2027. The median forecast from the central bank's latest projections indicates no rate changes are anticipated during this

According to a Reuters survey, 56 of 64 economists expect the Bank of England to maintain interest rates at 3.75% through 2026. The survey result reflects economist consensus on the central bank's likely policy stance for the remainder of the

According to Yonhapinfomax, the dollar index (DXY) was quoted at 99.641 on August 18 at 8:12 AM ET, down 0.059% from the previous close. U.S. Treasury yields surged amid inflation concerns and fiscal uncertainty, with the 30-year yield rising to 5.3390% during London trading—the highest level

Kay Herr of JPMorgan suggested the U.S. Federal Reserve should increase interest rates quickly and move past the current phase of uncertainty, according to a Bloomberg Markets report. The effective federal funds rate currently stands between 3.50% and 3.75%, unchanged since July 2026. Herr's

According to Bloomberg Markets, JPMorgan's Kay Herr urged the U.S. Federal Reserve to increase interest rates quickly on August 18, 2026, amid signs of market dissatisfaction with the Fed's lack of forward guidance. The effective federal funds rate remains unchanged at 3.50%-3.75% since July 2026. M