DXY & Forex

The US dollar declined on the 21st at 8:08 AM Eastern Time, with the Dollar Index (DXY) falling to 98.657, down 0.227 points or 0.230% from the previous close of 98.884. The dollar faced downward pressure as the euro and British pound strengthened following improved private sector activity data from

According to VanEck's Matt Seigel, short-term U.S. Treasury bills now account for 23% of tradable debt, surpassing the Federal Reserve's recommended range of 15–20%. This elevated reliance on short-term financing increases the cost of maintaining higher interest rates and exerts pressure on the U.S.

According to Yonhap Infomax, the U.S. Dollar Index (DXY) fell to 98.657 on Aug 21 at 8:08 a.m. ET, down 0.227 points or 0.23% from the previous close. The euro and pound strengthened amid signs of economic improvement in the eurozone and UK, with the eurozone's August composite Purchasing Managers I

According to JPMorgan Chase, Turkey's central bank will resume weekly repurchase auctions in September and cut rates by 100 basis points each in October and December, targeting a policy rate of 35%. The measures are expected to bring the effective funding rate down from 40% to 37%.

The World Bank projects Lebanon's inflation rate will rise to 17.5% in 2026, according to its latest economic forecast.

According to New York Federal Reserve data, the Secured Overnight Financing Rate (SOFR) reported 3.63% on August 20, up 1 basis point from 3.62% the previous day. The effective federal funds rate remained unchanged at 3.63%.

According to IRNA, Iran's parliamentary speaker Mohammad Baqer Galibaev vowed on August 21 to overcome U.S. sanctions, speaking at an event in Baghdad with Iranian and Iraqi business leaders. Galibaev stated that countries can now conduct trade using national currencies to counter U.S. dollar

Treasury Secretary Scott Bessent's expanded bond-buyback program may ease pressure in long-term debt markets without addressing the fundamental issue of rising U.S. government borrowing, according to JPMorgan. James Sullivan, JPMorgan's co-head of global fundamental research, said the strategy

According to Hyperliquid Policy Center, a new research report titled "Perpetual Futures as Complements to Dated Futures" found that perpetual contracts extend market risk management tools and enhance price discovery without cannibalizing traditional futures markets. The study analyzed Bitcoin and on

According to financial investment firms, as of August 21, five out of seven domestic and foreign securities companies have forecast a 25 basis point rate hike at the Bank of Korea's August monetary policy meeting. This marks a significant shift from expectations following the July meeting, when rate

According to Bloomberg, the U.S. Treasury announced this week an expansion of its long-term Treasury repurchase operations, doubling the buyback size. The dollar is currently at a three-month low and is on track to post its worst weekly performance of the month. Robin Brooks, senior fellow at

From 12:30 to 12:45 UTC on August 21, 2026, BTC surged rapidly over the 15-minute period, reaching a high of 77,438.4 USDT and ultimately closing above 77,000. Its return for the period was +0.97%, with prices ranging from 76,636.1 to 77,438.4 USDT and an amplitude of 1.05%. Market volatility intensified significantly, as safe-haven sentiment and short covering jointly drove the rapid rebound. The primary driver of this move was the sharp escalation in geopolitical risks. The U.S.-Iran conflict

According to ChainCatcher, Starbridge Capital's automated trading system triggered mass liquidations in London Gold (XAUUSD) derivatives on August 19 evening. The system generated large reverse short positions within 1-3 seconds, followed by a rapid rise in gold prices, resulting in collective

According to Gate market data, spot gold declined $20 short-term to trade at $4,566.49 per ounce. The U.S. Dollar Index (DXY) rose 10 points to 98.76.

U.S. Treasury markets steadied on Friday (August 21) after a volatile week, with the 10-year yield holding at 4.69%, according to analysts including Philip Marey of Rabobank and Gregoire Pesques of Amundi. The Treasury Department announced expanded bond buyback operations this week, which briefly

According to Bank of America strategist Michael Hartnett, the U.S. Treasury's bond buyback expansion announced this week is a "policy panic" measure that cannot lower yields but only cap them. BofA warned that if Treasury Secretary Scott Bessent fails to push 30-year U.S. Treasury yields below 5%

On August 21, UK 2-year gilt yields declined 5 basis points to 4.33%, extending losses in the British bond market.

According to TD Securities strategists, Federal Reserve Chair Kevin Wash will speak at the Jackson Hole Economic Symposium next week, potentially providing forward guidance that could offer investors some relief. However, disappointment risks remain high if Wash continues to avoid forward-looking di

India's foreign exchange reserves rose to $716.91 billion in the week of August 14, according to official data, gaining $9.905 billion week-over-week.

According to Bank of America strategist Michael Hartnett on August 21, if the U.S. Treasury's plan to keep 30-year bond yields below 5% fails, the dollar will face pressure and shorting activity on risk assets—including AI mega-cap stocks and private credit—will likely intensify ahead of November el