DXY & Forex

According to EY-Parthenon, the Federal Reserve is likely to maintain interest rates through year-end, despite the upcoming July employment report due Friday. The consultancy expects 83,000 non-farm jobs to be added in July, but said the labor market remains stable and is unlikely to shift the Fed's

According to Odaily, Wells Fargo will launch tokenized deposit services for corporate customers this fall, with the initial phase supporting USD to GBP transactions. The service integrates with the bank's existing payment platform and enables eligible transactions to automatically use tokenized depo

According to Nippon News, Japan is assessing adjustments to proprietary trading position limits in response to a significant rise in trading volumes.

The USD/JPY exchange rate rose to 157.889 yen as of 10:27 AM ET on the 6th, marking three consecutive days of gains. The currency pair increased 0.166 yen (0.105%) from the previous session, driven by buying interest at lower levels despite potential additional intervention from the US and Japan. Th

According to Yonhap Infomax, on August 6, USD-JPY rose to the early 158 yen range, extending a four-day rally and marking the first time it has breached this level since the U.S. and Japan jointly intervened in forex markets last week. At 10:27 a.m. ET, the pair traded at 157.889 yen, up 0.166 yen f

SWIFT introduced Swift Ledger, a platform designed to make liquidity visible in real time and enable 24/7 cross-border payments. The initiative aims to eliminate friction in traditional cross-border payments, which depend on pre-funded nostro and vostro accounts that lock up capital and slow

According to CME FedWatch data as of August 7, the probability of a 25-basis-point rate hike in September is now 56.5%, while the probability of holding rates steady stands at 43.5%. The shift reflects ongoing expectations tied to upcoming inflation data

On Thursday evening (August 6), eurozone sovereign bond yields rallied sharply, with late-session selling pressure intensifying from Beijing time 22:30 onward. Germany's 10-year Bund yield rose 2.9 basis points to 3.140%, while French 10-year yields climbed 3.2bp to 3.933%, Italian yields added 3.6b

The US Dollar Index (DXY) hit 100 intraday on August 6, gaining 0.31% during the trading session.

US Treasury yields rose across maturities on the 6th as ongoing tensions over the Strait of Hormuz drove international oil prices up approximately 2%, triggering inflation concerns. The 10-year Treasury yield climbed 3.00 basis points to 4.650% as of 9:11 AM Eastern time, while the 2-year yield

On Thursday, August 6, UK gilt yields rose across the curve during European afternoon trading. The 2-year gilt yield climbed 4.3 basis points to 4.285%, while the 10-year yield gained 3.7bp to 4.927%. The 30-year and 50-year yields advanced 3bp and 3.3bp

According to Freddie Mac, U.S. 30-year mortgage rates rose to 6.69% last week, marking the highest level since July 2025, up from 6.66% in the previous week.

On August 6, the U.S. 4-week Treasury auction achieved a bid coverage ratio of 72.82%, up from 50.42% in the previous auction.

On August 6, the U.S. 4-week Treasury auction recorded a bid-to-cover ratio of 2.68, down from the prior week's 2.8.

U.S. 8-week Treasury bills settled at a yield of 3.71% in auctions on Aug 6, up from 3.675% at the previous auction.

The U.S. Treasury today auctioned 4-week Treasury bills at a yield of 3.640% with a bid-to-cover ratio of 2.68, and 8-week bills at 3.710% with a bid-to-cover ratio of 2.74.

USD/JPY intraday gains expanded to 0.5% on August 6, reaching its highest level since July 31.

According to Guru Club, the Japanese yen fell 0.3% against the U.S. dollar today (August 6), hitting an intraday low of 158.29.

According to the U.S. Department of Labor, second-quarter unit labor costs rose 1.3% on an annualized, seasonally adjusted basis, falling short of the 2.1% market expectation. Hourly compensation increased 2.7%, while labor productivity grew 1.4% during the same period. The labor income share of

On August 6, the Korean won strengthened to the 1,410 level against the US dollar, marking its highest point in approximately 10 months. The won closed at 1,423.8 per dollar for the week, up 106.5 won from July 6 when it was trading at 1,530.3 per dollar. The appreciation was attributed to