DXY & Forex

According to Kitco, spot gold was trading near $4,332.20 per ounce, up 0.07%, while spot silver rose 1.31% to $68.725 in early U.S. trading on Monday. Friday's May employment report—showing 172,000 jobs added and unemployment steady at 4.3%—kept rate-cut expectations under pressure, weighing on gold

The South Korean won rallied 2% against the U.S. dollar on Monday, June 8, closing at 1,526.98 KRW after sustained gains throughout the day. This marks a recovery from Friday's (non-farm payroll day) intraday low of 1,562.29 KRW, which marked the weakest level since

The onshore yuan closed at 6.7842 against the U.S. dollar early today (June 8) at 03:00 Beijing time, strengthening 36 pips from Friday night's close. Daily trading volume reached 467.76 billion dollars.

On June 8, UK gilt yields climbed across the curve during European late trading. The 10-year gilt yield rose 4.0 basis points to 4.943%, while the 2-year yield increased 4.0 basis points to 4.378%. The 30-year and 50-year yields gained 3.7 and 3.4 basis points

On June 8 during European market close, German government bond yields broadly rose. The 10-year yield climbed 2.2 basis points to 3.060%, trading within a 3.034%-3.073% range intraday. The 2-year yield rose 1.4 basis points to 2.706%, while the 30-year yield advanced 2.2 basis points to

On June 11, the Italian Treasury will auction up to €4 billion in bonds, according to its planned calendar.

On June 8, the U.S. 3-month Treasury bill auction resulted in a winning bid ratio of 6.48%, up from the previous 44.66%.

U.S. 3-month Treasury bill auctions concluded on June 8 with a winning bid rate of 3.64%, up 1 basis point from the previous 3.63%.

The U.S. 6-month Treasury bill auction on June 8 recorded a bid-to-cover ratio of 2.75, down from 2.84 in the previous auction.

The U.S. 6-month Treasury bill auction today (June 8) saw the discount rate rise to 3.69%, up from 3.67% in the previous auction.

The bid-to-cover ratio for the U.S. 3-month Treasury auction on June 8 reached 2.79, up from 2.69 in the previous auction, indicating stronger investor demand.

According to Jin10, the Federal Reserve Bank of New York held U.S. 3-year inflation expectations unchanged at 3.1% on June 8. The 5-year inflation expectations were also held steady at 3.0%.

According to New York Fed data, 1-year inflation expectations declined to 3.46% in May from 3.64% previously, marking a decrease of 18 basis points.

U.S. 10-year Treasury yields rose today, nearing 4.54%. Asia-Pacific markets earlier reached a daily high of 4.5801%, while U.S. stock market opened at a daily low of 4.5145%.

According to KBRA senior director Ken Egan on June 8, further interest rate increases by the European Central Bank could push the eurozone into unnecessary stagflation. Egan noted that while some tightening may be warranted to stabilize expectations, interest rates are a blunt tool for addressing

According to Collin Martin, Senior Director of Fixed Income Research & Strategy at Schwab Center for Financial Research, the Federal Reserve's threshold for raising interest rates is declining. Martin cited a resilient labor market and persistent

This week (June 8–12), markets await key economic data and central bank decisions. The European Central Bank is expected to raise rates by 25 basis points to 2.25% on June 11, according to market pricing, while Canada's central bank is likely to hold rates at 2.25% on June 10. In the U.S., May

According to New York Federal Reserve data, the secured overnight financing rate (SOFR) rose to 3.63% on June 5, up 1 basis point from 3.62% the prior day. The effective federal funds rate remained unchanged at 3.62%.

According to Morgan Stanley strategists cited by Jin10, the U.S. dollar may weaken in coming months if the Federal Reserve avoids raising interest rates and market risk appetite improves. The strategists noted that positive risk sentiment works against the dollar, though stronger U.S. economic

According to BlockBeats, on June 8, President Trump's approval rating on economic issues hit record low this term, weighed down by escalating Middle East tensions and resurging inflation pressures. Market analysts expect U.S. inflation could return to 4% for the first time since 2023 due to Iran con