DXY & Forex

According to Jin10, China's central bank conducted zero reverse repo operations today (June 4), with 10.13 billion yuan in 7-day reverse repos expiring, resulting in a net liquidity withdrawal of 10.13 billion yuan from the money

The People's Bank of China announced today that its 7-day reverse repurchase agreement operations reached zero, citing no demand from primary dealers.

On June 4, China's interbank foreign exchange market adjusted the yuan midpoint rates. The USD/CNY mid-rate climbed to 6.8203, up 19 pips, indicating CNY weakness. The EUR/CNY rate fell to 7.8920, down 70 pips. Among other major pairs, JPY/CNY declined 12 pips to 4.2540, while CNY/RUB rose 870 pips

On June 4, New York Federal Reserve President John Williams stated current monetary policy is appropriately positioned with no clear need for rate increases or cuts, while Dallas Federal Reserve President Lorie Logan warned that rate hikes may be needed later this year to bring inflation back to

During the week ending May 29, foreign investors purchased 1.2458 trillion yen worth of Japanese bonds, according to official data. The prior week's figure was revised upward to 1.3502 trillion yen.

For the week ending May 29, Japan's net purchases of foreign bonds totaled -184.8 billion yen, a reversal into net selling. The prior week's figure was revised upward to 12.9 billion yen from an initially reported 10.3 billion yen.

According to CME FedWatch Tool data, the Federal Reserve has a 98.4% probability of holding rates steady in June and a 1.6% probability of cutting by 25 basis points. For July, the probability of maintaining current rates stands at 90.2%, with an 8.4% chance of a 25 basis point rate increase and a 1

According to Guru Club, offshore Chinese yuan (CNH) fell 180 points against the U.S. dollar to 6.7803 on Wednesday (June 3) New York close. The currency traded within a daily range of 6.7612-6.7817 yuan per dollar.

On June 3, Latin American stocks and currencies declined sharply as investors withdrew from risk assets amid renewed Middle East conflict concerns and fresh worries over potential U.S. tariffs targeting major regional economies. The MSCI Latin America Index fell 2.6%, marking its lowest level in ove

South Korea's foreign exchange reserves totaled $426.99 billion in May, down from $427.88 billion in the previous month, according to official data. The month-on-month decline was $0.89 billion.

According to Jin10, Federal Reserve official Logan stated that the current monetary policy is neutral or even accommodative, and policymakers should maintain a slightly restrictive stance to address prevailing

According to Brazilian news agency, President Lula said today (June 3) that Brazil will seek alternative commercial partnerships to offset negative impacts from U.S. trade policies. "If the U.S. doesn't want to buy, we will sell to those who want to," Lula stated during a ministerial meeting at the

According to Jin10, Federal Reserve Governor Neel Kashkari Logan indicated on June 4 that the Fed may need to raise interest rates later this year to bring inflation back to its 2% target. Logan noted the U.S. labor market is "broadly balanced," with robust investment in artificial intelligence

Federal Reserve official Logan recently expressed growing concern about the possibility of raising interest rates later this year.

On June 3, at the close of New York trading, the U.S. 10-year Treasury yield rose 4.53 basis points to 4.4887%, trading within a range of 4.4433%-4.5005%. The 2-year yield climbed 3.72 basis points to 4.0803%, while the 30-year yield gained 3.32 basis points to 4.9887%. The 2/10-year yield spread w

On Wednesday (June 3) as U.S. trading closed, the ICE U.S. Dollar Index rose 0.31% to 99.529, while USD/JPY climbed 0.07% to 160.02 yen, breaking through the 160 level. The Dollar Index traded within a range of 99.191-99.552 points during the

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

The U.S. Department of Labor will release May non-farm payrolls (NFP) on June 5 at 8:30 a.m. ET. NFP, which tracks employment changes across all sectors except agriculture, is the most closely watched labor indicator. The release comes as U.S.-Iran ceasefire negotiations have stalled, and

Bahrain issued $1 billion in U.S. dollar-denominated international bonds with a yield of 7.125% within hours after the country came under missile attack. The transaction marks the first sovereign debt offering by a Gulf nation in the public markets since the U.S. and Israel launched military

The Dow Jones Industrial Average fell roughly 318 points, or 0.62%, as of writing on Wednesday, while the S&P 500 dropped 0.38% and the Nasdaq Composite declined 0.45%. The declines followed a surge in oil prices after U.S. military forces conducted strikes on Iran's Qeshm Island in response to