DXY & Forex

USD/CAD fell 0.50% during intraday trading on August 7, currently trading at 1.3941.

According to Yonhapinfomax, the U.S. Dollar Index (DXY) fell to 99.875 on August 7 (U.S. Eastern Time), down 0.068 points from the previous close of 99.943. The decline coincided with falling oil prices, with WTI crude for September delivery trading around $77 per barrel, down roughly

According to The Globe and Mail, Canada is negotiating trade concessions with the United States in exchange for partial tariff relief. Sources said the discussions are aimed at reducing tariffs through bilateral trade

According to Federal Reserve data from the New York Fed, the overnight secured financing rate (SOFR) rose to 3.65% on August 6, up one basis point from the previous day's 3.64%. The effective federal funds rate held steady at 3.63%, unchanged from the prior trading

US July employment data released showed non-farm payrolls decreased by 23,000, sharply missing the consensus forecast of an 83,000 increase, according to the Bureau of Labor Statistics. The unexpected contraction triggered immediate market reactions: 2-year Treasury yields fell approximately 8

According to Nick Timiraos of the Wall Street Journal, on August 7, July's employment report will be difficult to interpret for the Federal Reserve. While the lack of new evidence of labor market acceleration could reduce the urgency for a rate increase next month, the outcome depends on inflation d

Gold and silver posted their strongest week of 2026, with gold climbing roughly 7% and silver gaining about 14%, while Bitcoin managed just 0.7% over 24 hours. The rally followed a joint US-Japan yen intervention on July 31, estimated at up to $85 billion over two days, which strengthened the yen

GBP/USD broke through 1.35 today, rising 0.35% during the trading session on August 7.

According to BlockBeats, on August 7, U.S. stock index futures rallied sharply following the release of nonfarm payroll data. Nasdaq-100 futures rose 0.79% intraday, S&P 500 futures gained 0.39%, and Dow Jones futures

After the nonfarm payroll data release, the Canada-U.S. 2-year Treasury yield spread narrowed 9.3 basis points to about 122 basis points.

According to Guru Club, the US dollar fell below 157 against the Japanese yen today (Aug 7), declining more than 1% during the session.

According to PANews on August 7, U.S. interest rate futures market pricing shows interest rate hike expectations have declined to 28 basis points by December, down from 32 basis points before July employment data release. Weak July non-farm employment figures triggered a surge in U.S. Treasury

According to Japanese Finance Minister Keiichi Katayama, Japan and the United States have reached a consensus that the foreign exchange market is being influenced by movements driven by non-fundamental factors rather than actual economic demand. U.S. Treasury Secretary Bessent shares this

Germany's 2-year Bund yield fell 0.5 basis points to 2.73% following the release of U.S. non-farm payroll data, reversing earlier gains.

Canada's employment participation rate came in at 65.1% in July, exceeding the expected 65.0% and rising from 65.0% in the previous month.

Canada added 75,100 people to its workforce in July, significantly surpassing the forecasted gain of 20,000 and accelerating from June's 18,200 increase.

According to Odaily, former President Trump has significantly shifted his approach toward Federal Reserve Chair Waller, displaying rare tolerance compared to his previous criticism of Powell over delayed rate cuts. When asked whether Waller should pause rate increases before the November midterm

On August 7 at 20:30 Beijing time, the U.S. Department of Labor will release July nonfarm payroll data, including total employment, unemployment rate, and average hourly wages. Canada's July employment report is also scheduled for release at the same time.