DXY & Forex

According to MarketWatch, the Federal Reserve is expected to resume rate hikes next week, with market odds for one rate increase at approximately 86%, as the U.S. core consumer price index (CPI) for August came in above expectations. The 2-year Treasury yield rose approximately 8 basis points to 4.6

European Central Bank President Christine Lagarde stated on the 11th that conflicts in the Middle East and between Russia and Ukraine have led to rising energy costs, which in turn have pushed up all prices. In an interview with French newspaper Ouest-France published on the 11th, Lagarde

According to ECB, on September 10, the European Central Bank raised its three main policy rates by 25 basis points. ECB President Christine Lagarde stated that energy cost increases stemming from Middle East tensions and Russia-Ukraine conflict have driven persistent inflation, with the eurozone

According to Yonhap News, the Federal Reserve's policy meeting (FOMC) this week (September 15-16) is widely expected to result in an interest rate increase, with futures markets reflecting over 85% probability as of September 11. Recent economic data supports higher rates: August's core consumer

According to Jin10, Indonesia's central bank governor Destri Damayanti emphasized on September 12 during the BRICS summit in New Delhi that BRICS nations should develop cross-border local currency payments to protect their economies against geopolitical risks. During a meeting with India's central b

According to Axios on September 13, the United States is gradually losing its position as the default option for other countries to purchase weapons and store funds. The report also noted that the U.S. is declining in attractiveness to foreign

US President Donald Trump stated on the 12th (local time) in Dublin that the end of the war with Iran is "very close, probably right after the midterm elections." Trump told reporters Iran is trying to hold out as long as possible to complicate the election, but believes people understand this.

BaFin declared Bank Sepah's Frankfurt branch insolvent on September 10. The Iranian state-owned bank's branch could no longer repay customer deposits after EU sanctions severed its access to European payment infrastructure, triggering a formal liquidation under German deposit-protection law. A Frankfurt court appointed an insolvency administrator the same day to oversee the wind-down of roughly €50 million in assets and settle claims for 11 depositors. The closure follows two decades of Western

Bond traders are favoring French bank covered bonds over French government bonds as sovereign risk concerns escalate in 2026. The spread between French 10-year OATs and German Bunds reached 90 basis points on September 9, 2026, the widest gap since 2012, while French covered bonds have been

According to ChainCatcher, the Federal Reserve, Bank of Japan, and Bank of England will announce their monetary policy decisions this week. Markets are focused on whether the Fed will raise interest rates for the first time in three

According to Guru Club, Mozambique's Business Confederation (CTA) president Alvaro Massinger stated on September 12 that foreign currency shortages, particularly insufficient U.S. dollar supply, and fuel crisis are constraining the country's business environment in the second quarter

The US Supreme Court ruled 6-3 in February 2026 that President Trump's tariffs imposed under the International Emergency Economic Powers Act were unconstitutional, triggering $166 billion to $175 billion in refund obligations for the federal government. The court determined that taxing authority

According to Jin10 Data, on Saturday (September 12), Trump expressed optimism about resolving the trade dispute with Canada, stating an agreement could be reached "very soon," though he did not confirm whether formal negotiations have resumed between the two countries. At a meeting with Ireland's

According to BlockBeats, on September 12, Wall Street economists raised their August core PCE inflation forecast after the latest CPI data release. Multiple banks upgraded predictions to between 0.25% and 0.3%, with Barclays revising to 0.25% from 0.22%, Goldman Sachs to 0.26% from 0.24%, and Bank o

According to Jin10, Liz Miller, founder and president of Summit Place Financial Advisors, stated today that despite widespread market expectations for a Federal Reserve rate hike next week, further policy tightening is fundamentally unnecessary given the overall economic stability. Miller noted that

According to Jin10, on Sept 11, People's Bank of China Deputy Governor and State Administration of Foreign Exchange Director Zhu Hexin met with Hong Kong Securities and Futures Commission Chair Wong Tin Yau and Chief Executive Officer Leung Fung Yi. The two sides discussed strengthening Hong Kong's

The Federal Reserve is expected to implement a series of interest rate hikes, according to a Wall Street Journal report. Market participants anticipate a rate increase at the upcoming meeting, with projections for at least three more hikes by June and multiple increases by mid-2026. The

According to CITIC Research, U.S. August CPI rose 3.4% year-over-year and 0.4% month-over-month on September 12, slightly above market expectations. Core CPI increased 2.4% annually and 0.3% monthly, driven by rising energy prices, telecom tariffs, and AI-related inflation pressures. CITIC Research