DXY & Forex

According to Jin10 data, on May 29, Blerina Uruci, chief U.S. economist at T. Rowe Price, shifted her outlook, stating that markets may still be underestimating the Federal Reserve's potential for further monetary tightening. Uruci cited sustained Iran tensions since early May, elevated oil

According to Jin10 on May 29, Hong Kong Financial Secretary Paul Chan stated today that China's Ministry of Finance has issued RMB sovereign bonds in Hong Kong for 18 consecutive years, with cumulative issuance exceeding 465 billion yuan, providing international investors stable and reliable

According to Jin10 and CFETS-NEX data, China's FX market sentiment index reached 51 at 10:15 on May 29, up 1 point from 08:45. Among major segments, large banks posted 49, mid-size banks 52, and non-bank institutions 50, each rising 1 point. The index ranges from 0 to 100, with 50 marking neutral co

According to PANews, Intercontinental Exchange (ICE) founder and CEO Jeff Sprecher said on May 29 that he has met with the Hyperliquid team multiple times to discuss overlapping business areas and potential collaboration opportunities. Sprecher highlighted Hyperliquid's weekend oil

According to Jin10, China's central bank conducted 123 billion yuan in 7-day reverse repo operations today (May 29), resulting in a net liquidity drain of 30 billion yuan after 153 billion yuan in maturing repos. For the week, the central bank completed 908.9 billion yuan in reverse repo operations

The People's Bank of China conducted 123 billion CNY in 7-day reverse repurchase operations today (May 29), with bids and allotments both totaling 123 billion CNY at an operating rate of 1.40%, unchanged from the previous operation.

China's yuan strengthened to 6.8176 against the U.S. dollar today, marking the strongest level since February 14, 2023, according to the Chinese Foreign Exchange Trade System. The mid-price was up 64 basis points from the previous trading day's mid-price

According to Jin10 Futures, the CNEX Chinese yuan money market sentiment index rose to 50 as of 8:45 a.m. on May 29, up 2 points from 4 p.m. on May 28. The index, which ranges from 0 to 100 with 50 representing equilibrium and readings above 50 indicating tightness, also showed gains across

According to Jin10 data, Japan's Finance Minister Katsunobu Kato said Friday the government is prepared to take decisive action in response to foreign exchange market volatility. "As I have long stated, once we see exchange rate fluctuations or speculative moves, we can take decisive action," Kato s

Japan's Finance Minister Katayama Sakitatsu refused to comment on whether the government has intervened in the currency market today (May 28).

Japan's April retail sales fell to 13.217 trillion yen, down from 14.306 trillion yen in the previous month.

Japan's retail sales rose 1.3% month-on-month in April, beating expectations of 0.4% growth and matching the prior month's increase.

Japan's Tokyo unadjusted consumer price index (CPI) recorded a month-on-month increase of 0.3% in May 2026, down from 0.6% in the previous month, according to official statistics.

Japan's Tokyo consumer price index (excluding fresh food) fell to 1.3% year-over-year in May, below forecasts of 1.5% and down from 1.5% in the prior month, according to official data.

Japan's Tokyo core CPI, excluding fresh food and energy, slowed to 1.6% year-over-year in May, below the expected 1.8% and down from 1.9% in the prior month.

Japan's unemployment rate fell to 2.5% in April, beating the forecast of 2.7% and down from 2.7% in March.

According to Jin10, New Zealand Reserve Bank Deputy Governor Silk said on Friday that the RBNZ has not yet seen mid-term inflation pressures materializing but stands ready to respond aggressively if they do. "All options are on the table, including a more aggressive 50 basis point rate hike," Silk s

Hayley, an external member of the Reserve Bank of New Zealand, said on May 28 that rate hikes are "more likely to come earlier rather than delayed," though the pace and scale of any increases will depend on incoming

According to CME Fed Watch data released on May 29, the Federal Reserve has a 99.4% probability of maintaining interest rates at current levels in June, with only a 0.6% chance of a 25 basis point rate hike. For July, the probability of unchanged rates stands at 93%, with a 6.9% probability of a 25

On May 28, offshore yuan (CNH) closed at 6.7731 per dollar in New York, up 59 pips from the previous session. The currency traded within a range of 6.7883 to 6.7711 throughout the day. The offshore yuan approached several key technical levels, including the February 2, 2023 high of 6.7057 and the