DXY & Forex

According to Morgan Stanley Chief Investment Officer Mike Wilson, this week the market has already moved past concerns about the Iran conflict. Although oil prices surged during the war, they remained below the peak reached when Russia-Ukraine conflict erupted. "The market has crossed this war," Wil

On June 17, Germany's 2-year government bond yield rose 2.0 basis points to 2.586% during European market close, while the 10-year bund yield declined 0.3 basis points to 2.927%. The 2/10-year yield spread fell 2.210 basis points to +33.995 basis points.

On Wednesday, June 17, UK 10-year gilt yields fell 3.8 basis points to 4.750%, closing the day in negative territory after trading around 4.745% for most of the session. The 2-year gilt yield declined 4.0 basis points to 4.143%, touching a daily low of 4.117% earlier before recovering.

According to George Saravelos, global head of FX research at Deutsche Bank, if Fed Chair Kevin Wasch succeeds in avoiding policy guidance on 2026 monetary policy, the dollar will likely weaken and summer carry trade opportunities will open up. In a Wednesday report to clients, Deutsche Bank stated t

The U.S. Treasury's 4-month bill auction on June 17 drew a high yield of 3.67%, matching the previous auction result.

According to Oxford Economics, Canada's core inflation rate is expected to remain below 2% through the end of 2026. Economist Michael Davenport attributed the forecast to excess idle capacity in the economy, slower population growth, and uncertainty related to U.S. trade policy, Middle East

US Congress passed the "21st Century Housing and Roads Act" in June 2026, which includes a provision preventing the Federal Reserve from issuing central bank digital currencies (CBDCs) until 2030. The legislation, primarily focused on housing finance and infrastructure investments, marks a

According to Tradeweb data, the UK 10-year gilt yield fell to 4.750% on June 17, down 5.5 basis points. The decline comes after inflation data came in below expectations, pushing the yield to a two-month low of 4.734% earlier in the day. HSBC's UK rates strategist Daniela Russell expects the yield t

Crypto markets remained cautious as new Federal Reserve Chair Kevin Warsh addressed his first Federal Open Market Committee (FOMC) meeting after taking office in May. The decision was announced at 2:00 p.m. ET, with the CME FedWatch Tool indicating about a 99% chance that interest rates would remain

U.S. President Donald Trump stated today that the India-U.S. trade agreement is very close to being finalized.

According to Bank of Rabobank analyst Jane Foley, sterling may decline if the Bank of England signals a cautious stance on rate hikes amid softer-than-expected UK inflation data released Wednesday (June 17). Political uncertainty from Thursday's

According to New York Fed data, on June 16, the secured overnight financing rate (SOFR) declined to 3.63% from 3.69% the previous day, while the effective federal funds rate held steady at 3.63%.

Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan stated at the 2026 Lujiazui Forum on June 17 that international capital is now concentrating on Asia, with China's tech innovation rise becoming a top choice rather than an option for global investors. Chan emphasized that under rising

According to Jeff Buchbinder, chief equity strategist at LPL Financial, the U.S. 10-year Treasury yield is currently trading around 4.43%. Buchbinder noted that Federal Reserve Chair Powell's initial policy stance will be closely watched by investors to assess his views on inflation, unemployment, a

According to PANews citing Cailian Press, on June 17, Hong Kong Securities and Futures Commission Chief Executive Leung Fung-yee stated at the 2026 Lujiazui Forum that the regulator will support the Hong Kong Exchanges and Clearing Limited (HKEX) in launching additional RMB foreign exchange

Financial markets are in a holding pattern ahead of the Federal Reserve's policy meeting on 06/17/2026, marking the debut of new Fed Chair Kevin Warsh. The consensus expectation is that interest rates will be held steady, with volatility anticipated from the release of the updated Summary of

The Federal Reserve announced that the FOMC meeting will resume as scheduled on Wednesday, June 18 at 9 a.m.

According to Kapital Economics analyst Jack Allen-Reynolds on June 17, eurozone inflation is unlikely to rise significantly further. May's inflation was driven by fuel prices, which should moderate in the near term. Reynolds noted that if oil and natural gas transportation through the Strait of

U.S. retail sales excluding automobiles rose 0.8% month-over-month in May, exceeding the forecast of 0.6% and the prior month's reading of 0.7%.

According to Nordea analyst Torbjorn Isaksson, Sweden's central bank held its key interest rate at 1.75% unchanged on Wednesday, with the institution unlikely to raise rates in the remainder of 2026 despite signaling a 50% probability of a 25-basis-point hike in the second half. The combination of s