DXY & Forex

According to Bank of Japan Governor Ueda Kazuo, the central bank cannot rule out the possibility of large-scale supply chain disruptions, which would have significant impacts on Japanese manufacturing activity. Ueda stated the BoJ will carefully assess whether Japan's economy has sufficient

Bank of Japan Governor Kazuo Ueda said on June 3 that consumer price inflation may rise significantly, particularly during fiscal year 2026. The governor's remarks signal the central bank's expectations for increased price pressure in the coming

Bank of Japan Governor Ueda Haruo stated that Japan's economic environment has undergone significant changes compared to four years ago, with deflationary mindset eliminated and enterprises adopting more active wage and pricing behaviors. The central bank also noted that rising crude oil prices

The onshore Chinese yuan closed at 6.7720 against the U.S. dollar on June 3 at 4:30 PM, declining 98 basis points from the previous trading day.

According to Jin10, Bank of Japan Governor Kazuo Ueda stated that the central bank's fundamental stance is to continue raising its policy interest rate in response to developments in the economy, prices, and financial

According to official data, UK official reserves declined by $537 million in May, reversing the prior month's gain of $1.26 billion.

Hyperliquid is emerging as a weekend and after-hours venue for perpetual futures trading, drawing attention from Wall Street traders as digital asset market structure moves toward continuous trading. The decentralized exchange allows users to trade perpetual contracts around the clock, covering

According to Scotiabank report cited by Jin10 on June 3, Canada's labor market shows weakness as May employment is expected to rise modestly by 10,000, with unemployment holding at 6.9%. The bank noted that in the first four months of 2026, Canada shed over 100,000 net jobs across three months and e

According to Jin10, the People's Bank of China (PBOC) reduced its reverse repo operations to zero on June 3, continuing its recent tightening trend amid sufficient market liquidity. The 1-year interbank certificate of deposit (AAA-rated) yield hit a record low of 1.4275% on June 1 and remained at th

The USD/JPY exchange rate declined 0.14% during intraday trading on June 3. Japanese Prime Minister Takayaki Koichi stated the government will take appropriate measures on exchange rates as needed and deepen international cooperation with the U.S. and other nations on the

According to Russian Savings Bank First Deputy Chairman, the country's central bank is expected to cut its base rate by over 50 basis points at the board meeting scheduled for June 19.

According to Jin10, the OECD expects central banks to raise interest rates by 50 to 75 basis points if economic turbulence persists.

According to Jin10, the Organization for Economic Co-operation and Development (OECD) has signaled that central banks may pause quantitative tightening and potentially resume quantitative easing policies.

According to the OECD, the eurozone's economic growth is forecast at 0.8% for 2026 and 1.2% for 2027, unchanged from its previous predictions.

According to Jin10, nine foreign exchange options contracts with strike prices of 1 billion yuan or above are set to expire at 22:00 Beijing time on June 3, 2026. The expiring contracts involve euro, Japanese yen, Australian dollar, and British pound options.

According to Jin10, eurozone inflation exceeded 3% for the first time since 2023 on June 3, strengthening market expectations for European Central Bank rate hikes in June. Separately, the ECB's foreign exchange reserves increased by €1.8 billion to €344.2 billion. Additionally, the Indonesian

According to Jin10, on June 3, Indonesia's stock market tumbled to its lowest level in five years, with the Jakarta Composite Index plunging 5.2% to its lowest since May 2021. The Indonesian rupiah also hit a historic low, falling 0.5% against the U.S. dollar and leading losses across Asian

According to the European Bank for Reconstruction and Development, inflation rose 1.2 percentage points between February and April. The institution indicated the increase could remain elevated above its previous forecast for an extended

According to Jin10, at least 10 emerging market central banks have raised interest rates since late February as Iran-related tensions reignited inflation concerns, moving faster than most developed economies. Indonesia, Rwanda, South Africa, and Sri Lanka tightened policy in the past two weeks,

According to the Financial Times, European Central Bank policymaker Burkhard Visco said yesterday (June 3) that a U.S.-Iran peace agreement reached before next week's ECB meeting would not undermine the case for a rate hike. Visco indicated support for a 25 basis point increase at the June 11 policy