DXY & Forex

China's yuan midpoint rate against the U.S. dollar strengthened 46 pips yesterday to 6.8157, marking the highest level since February 14, 2023.

According to China's interbank foreign exchange market, the yuan weakened against the U.S. dollar on June 5, with the USD/CNY midpoint rate falling to 6.8157, down 46 basis points. Among other major currency pairs, the pound sterling weakened to 9.1231 (down 67 points), the Canadian dollar to 4.8843

According to Reuters, on June 4, Jeffrey Schmid, president of the Federal Reserve Bank of Kansas City, stated the Federal Reserve faces a choice between maintaining patience and keeping rates steady or raising rates further to combat inflation that has remained above the 2% target for over five

According to Guru Club, the Korean won fell to 1,541.4 against the U.S. dollar today (June 5), marking its lowest level since March 2009.

According to Jin10 Futures, China's CFETS-NEX yuan funding sentiment index rose to 51 as of 08:45 on June 5, up 4 points from 16:00 the previous day. By institution type: large banks reported 49 (up 4), mid-size banks 52 (up 4), and non-bank institutions 50 (up 4).

According to Reuters, on June 4, U.S. Trade Representative Jamieson Greer pledged to respect the 15% tariff cap on most EU and Japanese goods agreed under prior trade deals, stating "an agreement is an agreement." The U.S. Trade Representative's Office (USTR) simultaneously announced new tariffs ta

According to data released by Japan's Finance Ministry on Friday, Japan's holdings of overseas securities fell by $75.6 billion in May compared to April, as the government deployed these assets to fund its foreign exchange interventions. Japan's total foreign exchange reserves declined to $1.09

Japan's Finance Minister Katayama Kousatsu said on June 5 that yen volatility has remained very high since February, with speculative trading accounting for a significant portion of the fluctuations.

Japan's Finance Minister Katayama stated today that the Japan-U.S. joint statement enables Japan to take decisive foreign exchange action when necessary.

According to Japan's Ministry of Health, Labour and Welfare, real wages rose 1.9% year-on-year on June 5, marking the fourth consecutive monthly increase and the longest streak in four years. The increase exceeded economist expectations of 1.7%. Nominal wages grew 3.5%, also surpassing the market co

Japan's foreign exchange reserves declined to $130.59 billion in May from $138.30 billion in the previous month, reflecting a decrease of $7.71 billion.

Japan's all households spending declined 0.5% year-over-year in April, beating the forecasted decline of 1.5% and marking a significant improvement from the previous month's -2.9% contraction, according to official economic

Japan all households spending rose 1.6% month-on-month in April, beating the market expectation of 0.8% and rebounding from a 1.3% decline in March.

Japan's workers' cash earnings rose 3.5% year-over-year in April, exceeding the forecast of 3.1% and marking an acceleration from the previous reading of 2.7%.

According to the Bank of Korea, the country's current account surplus in April reached the second-highest level on record.

According to Jin10, the U.S. Dollar Index, which measures the greenback against six major currencies, fell 0.11% to close at 99.419 on June 5. The euro strengthened to 1.1614 per dollar, up from 1.1598 the previous trading day, while sterling rose to 1.3425 per dollar from 1.3416.

According to CME FedWatch on June 5, the probability of the Federal Reserve maintaining interest rates unchanged in June stands at 96.4%, with a 3.6% chance of a 25-basis-point rate cut. For July, the probability of unchanged rates is 88.5%, compared to an 8.2% probability of a 25-basis-point rate h

On Thursday (June 4), the U.S. dollar weakened as investors ditched safe-haven demand following Israel and Lebanon's ceasefire agreement, with the Dollar Index (DXY) declining 0.1% to 99.45. The agreement, contingent on Hezbollah's full withdrawal south of the Litani River, revived hopes for

On Thursday, June 4 at 4:59 a.m. Beijing time, offshore Chinese yuan (CNH) traded at 6.7769 yuan per dollar, up 34 points from Wednesday's New York close. Intraday range: 6.7803-6.7701 yuan per dollar.

According to Argentina's Central Bank market expectation survey, the central bank projects GDP growth of 2.9% for the end of 2026, up 0.1 percentage point from previous forecasts, while inflation is expected to