DXY & Forex

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.

Federal Reserve Chair Jerome Powell announced that the Federal Open Market Committee's meeting schedule will change next fall, with 2028 planned to feature 6 policy-setting meetings. Powell stated that holding 8 meetings per year is an appropriate frequency for the

According to Fitch Rating, global credit risks are deteriorating entering 2027, driven by artificial intelligence investment uncertainty, elevated energy prices, and a tightening financing environment. The agency expects the Federal Reserve's policy rate to reach 4.25% and remain there

The UK government's fiscal headroom fell to 15 billion pounds for the 2029-2030 fiscal year, down 8.6 billion pounds from the March forecast of 23.6 billion pounds, according to an Office for Budget Responsibility (OBR) report released May 28 local time. The reduction followed the autumn budget

According to the UK Office for Budget Responsibility, the government's fiscal headroom for the 2029-2030 fiscal year narrowed to 15 billion pounds on October 28, down 36.4% from the previous March forecast of 23.6 billion pounds. The 10-year gilt yield held relatively stable at 5.35%, while the poun

The Federal Reserve's Federal Open Market Committee held its benchmark interest rate unchanged on Oct. 28, maintaining the rate in a range of 3.75% to 4.00%. The decision aligned with market expectations. The FOMC announced the move in an official statement, leaving the U.S. benchmark rate

According to BlockBeats, on October 29, the Federal Reserve kept its benchmark interest rate unchanged in the 3.75%-4.00% range, in line with market expectations.

The Federal Reserve's Federal Open Market Committee (FOMC) will announce its interest rate decision in approximately 10 minutes.

According to CME FedWatch data reported by Jin10, Steven Vittinghoff, co-founder of CIO Group, said yesterday (Oct 27) that delaying rate hikes until December would 'prolong our pain.' He argued inflation remains too high and raising rates now 'may be better' than waiting. Market pricing shows

On Wednesday (Oct 28), German 2-year Bund yields rose 4.3 basis points to 3.131%, trading within a 3.097%-3.139% range throughout the session. The 10-year Bund yield climbed 1.1 basis points to 3.371%, fluctuating between 3.346% and 3.387%, while the 30-year yield fell 0.6 basis points to 3.686%. Th

The UK Treasury announced it will issue 12-month maturity treasury bills starting January next year, expanding beyond its current offerings of 1-month, 3-month, and 6-month bills. The Debt Management Office (DMO), under the Treasury, disclosed the new issuance plan alongside the introduction of a Tr

According to the UK Treasury, the Debt Management Office (DMO) will issue 12-month Treasury Bills beginning January 2027, marking the first time the UK has offered bills with this maturity. Historically, the DMO has only issued bills with 1-month, 3-month, and 6-month maturities. The Treasury also

On October 28, the Federal Reserve's overnight reverse repurchase agreement (RRP) saw usage decline to $176 million with 2 counterparties, down from $226 million on the previous trading day.

According to Governor Tiff Macklem, the Bank of Canada raised its overnight rate target by 25 basis points to 2.50% on October 28, marking the first increase since July 2023. The central bank indicated further rate hikes remain possible as it carefully monitors economic conditions amid heightened in

According to TD Securities, the Bank of Canada is expected to raise interest rates again in December.

Canada's 2-year government bond yield increased 7.2 basis points, reaching 3.441%, the highest level since August 2024.

According to Bloomberg, Brazil's real plunged 8% against the U.S. dollar on October 28 following President Lula's re-election, marking the currency's largest single-day decline in over 20 years. Wall Street banks diverged on their outlook for Brazilian assets. Citigroup closed bullish positions,