DXY & Forex

According to Jin10 data, on August 20, the U.S. dollar index rose 0.06%, closing at 98.894 in the forex market. EUR/USD moved to 1.1676 from 1.1674 the previous day, while GBP/USD advanced to 1.3628 from 1.3607. USD/JPY climbed to 159.14 from 158.32, reflecting continued dollar strength against

U.S. Treasury yields climbed sharply in 2026, with the 30-year Treasury yield recently moving above 5.2% and the 10-year yield remaining around 4.7%. The selloff reflects a mix of rising government debt, persistent inflation concerns, heavy bond issuance and weaker demand for long-dated U.S. debt. T

According to a Forbes analysis, an old video of U.S. Vice President JD Vance has revived debate over whether the dollar's role as the world's dominant reserve currency benefits the U.S. economy. Vance, then a senator, argued that global dollar

St. Louis Federal Reserve President Alberto Mussalam stated on local time 20th that gradual interest rate increases are preferable to larger, potentially more abrupt hikes, describing them as more desirable and less disruptive. In a CNBC interview, Mussalam said he maintains an open mind heading int

According to a CNBC interview on August 20, Alberto Musalem, president of the Federal Reserve Bank of St. Louis, said gradual interest rate increases are preferable to larger, potentially sharper hikes later, as they are less disruptive. Musalem noted that monetary policy is currently neutral or

According to the Investment Company Institute (ICI), U.S. money market assets reached $7.93 trillion in the week ending August 20.

On Thursday (August 20), the ICE Dollar Index rose 0.08% to close at 98.908 in New York afternoon trading, with an intraday range of 98.557-98.934. The Bloomberg Dollar Index gained 0.09% to 1193.26, trading within a 1190.11-1193.65 range.

Onshore yuan (CNY) closed at 6.7260 against the U.S. dollar on August 20 at 03:00 Beijing time, up 42 pips from Wednesday's night session. Trading volume reached 455 million USD.

According to market analysts and Federal Reserve officials, U.S. Treasury Secretary Bessent's expansion of long-term bond buyback operations this week sparked 30-year Treasury yields to drop sharply before rebounding, raising concerns the intervention may force the Fed to raise rates instead of

According to Argentina's statistics bureau, the country recorded a trade surplus of $21.15 billion in July, exceeding the market expectation of $18.50 billion.

US Treasury Secretary Scott Bessent announced plans to unveil Iran sanctions on the 24th during a CNBC interview on the 20th (local time). Bessent stated the measures aim to apply maximum economic pressure as an alternative to large-scale military action. The sanctions represent what Bessent

According to a CNBC interview on August 20, US Treasury Secretary Scott Bessent announced plans to unveil sanctions against Iran on August 24. Bessent stated the measures would involve coordinated economic pressure with allied nations and described the effort as "the greatest coordinated economic

The US Treasury Department concluded a 30-year Treasury Inflation-Protected Securities (TIPS) auction on May 20 (local time), with the securities awarded at a yield of 2.973%. The $8 billion reopening auction attracted strong demand, with the bid-to-cover ratio reaching 2.82 times, the highest

US Treasury Secretary Scott Bessent announced on August 20 (local time) that the Treasury will increase its regular bond buyback program beyond $4 billion per session, more than doubling previous limits for long-term securities. The expansion targets 10-30 year maturity bonds in response to

Federal Reserve's overnight reverse repurchase agreement (RRP) stood at $225 million with one counterparty on Thursday (August 20), up from $155 million on the previous trading day.

According to CME FedWatch data on August 21, the probability of the Federal Reserve maintaining interest rates unchanged in September stands at 65.4%, while the probability of a 25 basis point rate increase is 34.6%.

According to Citi's currency strategist team, on Thursday, the bank downgraded its three-month USD index forecast to 98.34 from 102.12. Strategist Daniel Tobin cited the U.S. Treasury's plan to double its 10–30 year Treasury buyback program in November as a key driver. The expanded buybacks are

USD/JPY broke above the 159 level on August 20, rising 0.54% intraday.

According to Mexico's central bank (Banxico) monetary policy meeting minutes released on August 6, the central bank held interest rates steady, determining that maintaining the current level remains appropriate. Despite recent moderation in inflation, board members noted that upside inflation

On Thursday (August 20), German 10-year Bund yields fluctuated between 3.241% and 3.276%, closing at 3.259%, as U.S. Treasury Secretary Bessent's comments on bond buyback sizes triggered volatility. The 2-year yield fell 1.2 basis points to 2.854%, while the 30-year yield remained flat at 3.761%.