DXY & Forex

The Federal Reserve faces its September rate decision amid overwhelming market expectations for a hike, yet rate hold expectations persist according to expert analysis. Adam Posen, President of the Peterson Institute for International Economics, stated his confidence in a rate hold has diminished so

According to Moody's Analytics chief economist Mark Zandi, the Federal Reserve risks committing a "serious policy error" if it raises rates this week (September 16), as multiple prominent economists warn the move could trigger economic recession. Zandi cautioned that without rate increases,

The UK will release three key labor market indicators shortly: July's three-month ILO unemployment rate, August's jobless claims count, and August's unemployment rate.

According to Daily Telegraph, the Bank of England announced plans to reform its bond sale program in response to market volatility, with the central bank halting the sale of 20-year and 30-year government

Michael Burry, the investor known as the real-life protagonist of the film 'The Big Short,' recommended shorting the U.S. dollar and investing in premium Bordeaux wine in a recent blog post. Burry warned that artificial intelligence (AI) and quantum computing will threaten digital assets in the

According to Yonhapinfomax, investor Michael Burry, known as the real-life protagonist of the film 'The Big Short,' recently recommended short-selling the U.S. dollar and investing in premium Bordeaux wine on his blog. Burry warned that artificial intelligence and quantum computing will threaten

According to multiple media outlets, U.S. 10-year Treasury yields briefly touched 5% on September 14, a psychological level last seen in October 2023 and the highest since July 2007 if sustained. Strategists including ING Americas' Padhraic Garvey and Deutsche Bank's Matthew Raskin noted that

According to Jin10 on September 15, Japan is weighing setting its medium-term defense spending target at 3.5% of GDP, aligning with NATO standards and other U.S. allies, amid concerns over potential market impacts. Japanese defense officials indicated willingness to significantly increase defense

According to CME FedWatch data, the Federal Reserve will decide interest rates on September 17, 8am KST (September 16, 2pm ET) following an FOMC meeting. Market participants currently price in a 93.6% probability of a rate hike, as the decision comes amid rising crude oil prices driven by Middle

According to BlockBeats, the U.S. 10-year Treasury yield reached 5.0210% on September 15, marking the highest level since mid-2007.

According to BlockBeats, Japan's 10-year government bond yield touched 3.025% on September 15, marking the highest level since September 1996.

According to Reuters, Vietnam's Finance Ministry is considering issuing dollar-denominated sovereign bonds for the first time since 2014, people familiar with the matter said.

According to Guru Club, the Taiwan dollar weakened to 31.836 against the U.S. dollar today, marking the lowest level since August 26.

According to Guru Club, the Indonesian rupiah declined for the fourth consecutive trading day on September 15, with USD/IDR rising 0.2% to 17,677. The streak marks the longest dollar appreciation stretch since late July, driven by rising oil prices and broad U.S. dollar strength. President Prabowo S

According to Financial Times, the European Central Bank staff committee urged management on September 15 to clarify whether President Christine Lagarde will leave before the end of her term. In a letter to the ECB Executive Board, staff representatives warned that leadership instability could

According to Jin10, on September 15, Thailand's deputy finance minister Santitarn Sathirathai stated that the Thai baht's recent 8% depreciation since reaching a five-year high in January will boost the country's exports and tourism—two key economic drivers. The currency weakness, which has

According to The Wall Street Journal's Nick Timiraos, Federal Reserve Chair Jerome Powell faces competing pressures this week as markets price in a 90% probability of a rate hike. A higher-than-expected August CPI report has narrowed Powell's policy options: raising rates risks political conflict

According to Jin10, offshore yuan Hong Kong interbank offered rates (Hibor) moved higher on Sept 15, with most tenors posting gains. The one-year Hibor rose to 1.66985%, marking its highest level since Sept 1. Overnight Hibor climbed 1 basis point to 1.34705%, while the one-week tenor edged up to 1.

On September 11, the Reserve Bank of India borrowed 1.69 billion rupees through its Marginal Standing Facility, a tool used to inject short-term liquidity into the banking system.

According to Reuters, Japan's central bank is widely expected to raise interest rates by 25 basis points this week, marking the fastest rate hike of its current tightening cycle. Markets have nearly fully priced in the rate increase. Japan's potential inflation rate is approaching 2%, creating