DXY & Forex

According to CME FedWatch Tool data released on September 18, the probability of the Federal Reserve raising interest rates by 25 basis points at its October meeting is 55.4%, with a 44.6% chance of maintaining rates at 3.75%-4.00% unchanged. Looking ahead to December, CME data shows a 12.6% probab

The U.S. dollar paused a six-day winning streak on Thursday, September 17, as the Federal Reserve raised its benchmark interest rate to 3.75%-4.00% as widely expected, lifting it from 3.50%-3.75%. The dollar index (DXY), which tracks the greenback against six major currencies, retreated to 100.23

Offshore Chinese yuan (CNH) traded at 6.7041 against the US dollar during late New York session on Thursday, September 17, up 84 points from Wednesday's close. The currency ranged between 6.7140 and 6.7026 during the session, approaching its January 16, 2023 intraday high of 6.6975 and nearing

Canada sold CAD 3 billion (approximately USD 2.1 billion) in 30-year government bonds maturing June 1, 2059, at an average yield of 4.201% on Thursday. This marks the highest yield for a Canadian 30-year bond auction since July 2007, reflecting rising global borrowing costs as inflation pressures

According to FCA statements and court filings, the UK Financial Conduct Authority opened a criminal investigation in June 2026 into Euro Exchange Securities UK Ltd over potential money laundering offences. The investigation covers activity between February 1, 2020 and June 4, 2026, examining

According to the U.S. Treasury Department, on September 17, the agency purchased only $2.385 billion of the targeted $4 billion in medium-term Treasury securities at auction. The department received $9.74 billion in sell orders for the 7-10 year maturity bonds, achieving a bid-to-cover ratio of 4.08

According to BOE Governor Andrew Bailey, the Bank of England held its base rate unchanged on September 17, with August consumer price inflation rising 3.1% year-on-year, well above the central bank's 2% target. Bailey said that while global energy cost increases have had limited impact on UK inflati

According to FinanceFeeds, on September 16, the Federal Reserve raised its policy rate by 25 basis points to 3.75%-4.00% in a unanimous 12-0 vote, the first increase since July 2023. The 10-year Treasury yield hit 5.01% at the decision, its highest close of 2026, then fell to 4.93% by Thursday

According to Moody's Analytics Chief Economist Mark Zandi, the Federal Reserve raised interest rates for the first time in three years on Sept 16 and signaled potential further hikes. The policy shift is expected to strengthen the U.S. dollar while putting downward pressure on other currencies,

According to Jin10, the U.S. Dollar Index closed at 100.248 on Sept. 18, marking a decline in the previous trading session. At the close of New York forex markets, the euro strengthened to 1.1475 against the dollar, up

According to KKR & Co., the U.S. private equity firm has raised its forecast for the 10-year U.S. Treasury yield to 5.1% by the end of 2026, up from its previous estimate of 5.0%. The firm also increased its projection for the end of 2027 to 4.9%, from 4.7% previously. KKR cited concerns over

According to the U.S. Treasury, the 10-year Treasury Inflation-Protected Securities (TIPS) auction held on September 17 settled at a yield of 2.653%, marking the highest level since October 2008. The yield rose 21.5 basis points from the previous auction in July (2.438%). The $19 billion reopening a

On Thursday (September 17), at the New York close, USD/JPY fell 0.16% to 156.01 yen with an intraday range of 156.32–155.34 yen. GBP/JPY declined 0.35%, while JPY/CNH (offshore Chinese yuan) edged up 0.02%.

On Sept 17 at New York close, the ICE Dollar Index fell 0.02% to 100.227, trading between 100.367 and 100.022 during the session. The Bloomberg Dollar Index declined 0.06% to 1202.89, with intraday range of 1204.78 to 1200.82.

Onshore yuan closed at 6.7060 against the dollar at 3:00 AM Beijing time on September 17, strengthening 41 pips from the previous session's close. Trading volume reached 45.29 billion U.S. dollars.

According to reports, U.S. President Trump and Mexico's President Sheinbaum spoke on Wednesday (Sept. 16) about a potential trade agreement, with officials offering conflicting assessments of the call. An informed source described the conversation as "generally" productive but noted disagreement eme

The Dow Jones stock market rebounded Thursday, recovering part of a 631-point decline as falling oil prices and Treasury yields provided relief following the Federal Reserve's first rate hike in more than three years. The Dow Jones Industrial Average gained roughly 300 points, or 0.6%, in

The Dow Jones Industrial Average gained roughly 300 points, or 0.6%, on Thursday, with the S&P 500 climbing about 1.1% and the Nasdaq Composite rising 1.6%, as falling oil prices and lower Treasury yields provided relief following the Federal Reserve's first rate hike in more than three years. The

The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points to 3.75-4.00% on September 16, marking the first rate increase since July 2023. The move responds to persistent inflation driven by surging oil prices amid US-Iran conflict, with Fed Chair Kevin Warsh stating inflati

The Federal Reserve's overnight reverse repurchase agreement (RRP) usage fell to $276 million with three counterparties on Thursday (September 17), down sharply from $5.375 billion in the previous trading