DXY & Forex

MSCI Emerging Market Currency Index is on pace to record its tenth consecutive weekly gain this week, which would mark the longest rally streak since 2007. The index is currently up 0.4% with a projected weekly gain of 0.7%. The rally was initially pressured by stronger-than-expected U.S. non-farm p

According to Yelena Shulyatyeva, senior economist at The Conference Board, the Federal Reserve's September policy decision depends on next week's inflation data. A "large group" of officials is waiting for the data to confirm whether inflation continues to decline toward the Fed's 2% target. "If

On Friday (September 4), German 2-year debt yields fell 0.9 basis points to 2.949%, with weekly gains narrowing to 4.3bp. Yields initially spiked to 2.990% when the U.S. non-farm payroll report was released, then quickly reversed to test the daily low of around 2.945% by late European

On September 4, 2026, from 12:00 to 16:00 (UTC), BTC traded within a narrow range over four hours, ultimately closing up 0.02%, with a price range of 81,134.8–81,268.4 USDT and an amplitude of 0.16%. Over the past 24 hours, BTC fell from a high of around $82,278 to approximately $78,885, down 2.03%, as the market entered a brief consolidation after the NFP data release but continued to trend lower overall. The main driver of this move was the U.S. August NFP data, which far exceeded expectations

On September 4, UK 2-year gilt yields rose 1.2 basis points to 4.531%, surging to 4.575% following the U.S. nonfarm payroll report released at 8:30 p.m. Beijing time. The 2-year yield climbed 17.3 basis points for the week. UK 10-year gilt yields fell 0.1 basis points to 5.133% in European

From 12:00 to 16:00 on September 4, 2026 (UTC), ETH formed a doji candlestick, rising slightly by 0.06% to close at 2,522.67 USDT. Its price ranged from 2,520.81 to 2,525.40 USDT, with an amplitude of just 0.18%. Trading activity was light, and sentiment was highly cautious. The primary driver of this move was the continued pressure on risk Assets from hawkish expectations surrounding the FED. The market expects the FED to maintain its hawkish stance and delay rate cuts, while a stronger Dollar

According to the Bureau of Labor Statistics, the US added 162,000 nonfarm payrolls in August, roughly triple the forecasted 56,000, with unemployment holding at 4.1% and labor force participation rising to 61.6% from a five-year low of 61.4%. This reversed July's narrative—when a revised gain of 21,

Statistics Canada reported on September 4 (local time) that Canada lost 42,000 jobs in August, defying market expectations of a 15,000-job gain. The decline occurred as trade uncertainty with the United States drove higher layoff rates in export-dependent industries. Statistics Canada stated that in

According to Canada Statistics Bureau, Canada's employment fell by 42,000 in August, contrary to market expectations of a 15,000 gain, with the unemployment rate holding at 6.4%. The decline was driven by job losses in sectors dependent on U.S. export demand, as Canadian exporters face new 50%

According to Bloomberg survey data and CoinGecko, Bitcoin fell 2.8% on September 4 to touch $79,197, quickly reversing gains from the previous day as U.S. August nonfarm payroll employment increased 162,000 jobs, exceeding all economist forecasts surveyed by Bloomberg. The unemployment rate held

The U.S. economy added 162,000 jobs in August, nearly triple the 53,000 economists expected, while unemployment held at 4.1%, according to the Bureau of Labor Statistics report released Friday. Bitcoin fell from a four-month high of $82,240 to near $79,300 following the data release, as fed

From 14:30 to 14:45 (UTC) on September 4, 2026, BTC fell from 79,463.1 USDT to 78,828.4 USDT within 15 min, with Return % at -0.43% and Ampl at 0.80%. The price declined rapidly, market attention surged, and volatility expanded significantly compared with normal levels. The primary driver of this move was macro risk-off sentiment triggered by escalating geopolitical conflict. On September 3, Iran launched missile and drone attacks against U.S. Air Force bases in Kuwait and the UAE, with the Iran

According to Jin10, India's central bank will conduct a 7 trillion rupee (approximately $74.1 billion) reverse repo auction on Monday with a 30-day tenor, an extension from the previous 15-day period. The move aims to manage record liquidity surplus by locking excess cash held by banks outside the f

According to Citi, on Sept 4, the bank adjusted its forecast for Federal Reserve rate cuts, now expecting the central bank to cut rates by 25 basis points each in June, September, and December 2027. This marks a significant shift from Citi's previous prediction of cuts occurring in October and Decem

President Trump on August 19 threatened to stop doing business with countries where the US runs a trade deficit if the Federal Reserve refuses to cut interest rates. The statement directly targeted Switzerland and referenced roughly 60 nations Trump claims benefit from lopsided trade

White House senior adviser Kevin Hassett stated that raising interest rates is under consideration, emphasizing the importance of respecting the Federal Reserve's independence in decision-making processes. The federal funds rate has remained between 3.50% and 3.75% throughout 2026. Market

According to BlackRock's mid-2026 investment outlook, portfolio manager Jeffrey Rosenberg says a 25-basis-point Federal Reserve rate hike would not meaningfully threaten risk assets, citing strong corporate earnings driven by artificial intelligence investments. BlackRock's modeling forecasts a 2.5%

On August 19, President Trump proposed that the US should stop trading with countries where it runs a trade deficit if the Federal Reserve refuses to cut interest rates. Trump cited a rate gap, with the US federal funds rate at roughly 3.5-3.75% versus

According to Federal Reserve data, the secured overnight financing rate (SOFR) rose to 3.66% on September 3, up from 3.65% the previous day. The effective federal funds rate held steady at 3.63%, unchanged from the prior trading day.

White House National Economic Council Director Hassett said yesterday evening that he spoke with President Trump, clarifying that Trump did not provide any recommendations to the Federal Reserve.