DXY & Forex

Global fund managers including Vontobel, Allianz Global Investors, and BNP Paribas Asset Management have recently increased holdings of longer-dated Japanese government bonds. The shift comes amid signs of recovering domestic demand and a more supportive policy environment. The 30-year Japanese gove

According to Odaily, per Gate data, USD/CNH (USDCNH) fell to 6.660, currently trading at 6.65963, down 0.1% over the past 24 hours.

According to U.S. Treasury Secretary Bessent reported by Jin10 on October 29, AI-related debt yields have risen to double digits, but financing risks do not yet constitute a major problem as cloud service providers represent only a limited share of the AI sector, and fundraising transactions

The ICE US Dollar Index fell 0.19% to 102.124 on Wednesday (Oct 28), with intraday trading range of 102.491-102.046. The benchmark index rose following the Federal Reserve's decision to hold rates steady, then declined sharply during Fed Chair Powell's press conference opening remarks. The

Federal Reserve Chair Kevin Walsh announced on October 28 that the FOMC will maintain eight annual meetings. Starting fall 2027, one session will focus exclusively on monetary policy strategy without a policy vote or statement, while the remaining seven will involve policy decisions. Walsh stated th

According to the Federal Reserve, on October 28, the Fed held its benchmark interest rate target steady at 3.75%-4% but faced two dissenting votes. Federal Reserve Governor Lisa Cook and Cleveland Federal Reserve President Beth Hammack opposed maintaining rates unchanged, both advocating for a

According to Yonhapinfomax, the Federal Reserve's policy committee voted 10-2 on October 28 to maintain the federal funds rate target range at 3.75%-4.00%. Dissenting voters Lisa Cook and Beth Hammack preferred a 0.25 percentage point rate increase at the

According to U.S. Treasury Secretary Bessen, Iran cannot access U.S. dollars and funding for the country's proxy forces is declining, reflecting the tightening of U.S. economic sanctions against the Iranian

According to Jin10 on Oct 29, Ronald Gestiehr, wealth management director at Luttner Financial, said the Federal Reserve's decision to hold rates is correct. The U.S. economy remains resilient, though inflation poses significant concerns amid energy price volatility and Middle East developments. The

Kevin Warsh, chair of the Federal Reserve, stated that political considerations played no role in the central bank's interest-rate decision, as reported by Cointelegraph on October 28. Warsh said the Fed will closely assess how geopolitical developments and rising oil prices affect monetary

Onshore Chinese yuan (CNY) strengthened to 6.6660 against the U.S. dollar at Beijing open on October 28, up 10 points from Tuesday's close, with trading volume reaching 44.294 billion U.S. dollars.

The Federal Reserve announced a live press conference with Chairman Warsh to discuss monetary policy communication. The announcement was shared via the Federal Reserve's Twitter account. The press conference is part of the Fed's ongoing efforts to communicate its policy stance to market

Federal Reserve Chair Jerome Powell delivered key policy messages on October 28. Powell reaffirmed the Fed's unwavering commitment to delivering price stability with no "soft inflation target," explicitly anchoring the goal at 2% as measured by the Personal Consumption Expenditures (PCE) price

According to BlockBeats, Fed official Powell said on Oct 29 that he is closely monitoring South Korea's economy, stating his level of attention to Korea may exceed expectations.

According to ChainCatcher, Federal Reserve Chair Jerome Powell stated that the balance sheet working group's recommendations will be submitted to the Federal Open Market Committee (FOMC) in early 2027. The timeline marks a key step in the Fed's review of balance sheet

According to ChainCatcher, Federal Reserve Chair Powell recently stated that investors should not trust forward guidance unless a crisis occurs.

According to ChainCatcher, Fed Chair Powell announced at a press conference that starting autumn 2025, the FOMC will hold 8 meetings in 2027, with 1 dedicated to monetary policy strategy discussions without a federal funds rate vote or policy statement. The remaining 7 will be regular policy

The Canadian Imperial Bank of Commerce (CIBC) announced on October 28 that it is raising Canada's prime lending rate to 4.70%, effective from October 29, 2026.

Fed Chair Kevin Warsh announced the Federal Reserve will revamp its Federal Open Market Committee meeting schedule starting next fall, with the central bank projected to hold six rate-decision meetings in 2028. Walter Bloomberg reported the announcement on October 28. The FOMC meetings determine the

According to Jin10, the U.S. Dollar Index (DXY) fell over 30 points to 102.18 on October 29, with short-term losses expanding. Non-dollar currencies rallied broadly, as EUR/USD and GBP/USD each gained approximately 40 points, while USD/JPY dropped nearly 40 points.