DXY & Forex

According to a Reuters survey, 42 of 45 economists expect the Reserve Bank of Australia to maintain its cash rate at 4.35% at its June 16 decision. For the September quarter, 26 of 44 economists forecast the cash rate will remain at 4.35%, while 18 expect it to rise to 4.60% or

According to ABC, on June 6, Treasury Secretary Scott Bessent warned that Iran will face escalating economic consequences if it continues attacks on U.S. Gulf allies, with the U.S. potentially using over $100 billion in frozen Iranian assets to repair damages. Bessent stated on social media that

According to PIMCO management, bond investors will focus on next week's Federal Reserve meeting to gauge how incoming Chair Kevin Warsh imprints his policy style. Richard Clarida, former Federal Reserve Vice Chair and global economic advisor at PIMCO, noted that investors are assessing how Warsh wil

According to Jin10, USD/CHF fell 0.5% during trading today, now trading at 0.896.

The Australian dollar rose 0.5% intraday on June 11, trading at 0.7038 against the U.S. dollar.

According to Nomura economists, the European Central Bank raised rates 25 basis points this week and is expected to hike three more times by March 2027, bringing the deposit rate to 3%. The forecasts follow the ECB's newly released baseline

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to The Kobeissi Letter, the U.S. Producer Price Index (PPI) for May reached 6.5% year-over-year yesterday, surpassing expectations of 6.4% and marking its highest level since November 2022. Core PPI came in at 4.9% annually, versus expectations of 5.4% and the previous month's

On June 11, the Korean won fell 0.71% against the U.S. dollar, closing at 1,531.91 won. The currency declined throughout the trading session.

According to BlockBeats, on June 12, the market postponed Federal Reserve rate hike expectations from December 2026 to January 2027, with traders no longer fully pricing in the possibility of a rate increase this

According to data released yesterday (June 10), the US Consumer Price Index came in at 4.2%, more than double the Federal Reserve's 2% target. JPMorgan Chase analyzed that May's CPI is approaching the peak of the current inflation cycle, with Chief Global Strategist David Kelly stating the Fed is

According to Jin10, the U.S. Dollar Index declined sharply intraday, falling over 30 points to 99.84. Non-USD currency pairs rallied during the move.

On June 11, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $460 million across 3 counterparties, up from $387 million on the previous trading day.

The U.S. 30-year Treasury auction on June 11 saw a winning bid yield of 5.02%, down from the previous auction's 5.046%.

On June 11, the U.S. 30-year Treasury auction recorded a bid-to-cover ratio of 2.33, compared to 2.3 in the previous auction, indicating slightly stronger demand.

On June 11 during eurozone close, German 10-year Bund yields fell 4.5 basis points to 3.032%, paring earlier intraday gains after the European Central Bank announced a rate hike at 20:15 Beijing time. The 2-year yield dropped 4.0 basis points to 2.679%, while the 30-year fell 4.2 basis points to 3.5

On Thursday (June 11), the UK 10-year gilt yield fell 2.6 basis points to 4.905% during European market close, according to market data. The two-year gilt yield declined 2.4 basis points to 4.341%. The decline followed the European Central Bank's rate decision announced at 20:15.

According to Freddie Mac, the average interest rate for 30-year fixed-rate mortgages in the U.S. was 6.52% for the week of June 11, up from 6.48% the previous week.

Sucden Financial reported higher revenue and stronger net assets for 2025 as volatility across commodities, foreign exchange, and fixed income markets continued driving institutional trading activity. The London-based execution, clearing, and liquidity provider generated £88.1 million in net revenue

The European Central Bank raised interest rates by 25 basis points, increasing the deposit facility rate to 2.25%, the main refinancing operations rate to 2.40%, and the marginal lending facility rate to 2.65%. The rate hike follows upward revisions to inflation forecasts, driven by higher energy