DXY & Forex

On August 5, China's Ministry of Finance issued 15 billion yuan in RMB-denominated government bonds in Hong Kong targeting institutional investors, receiving strong demand with a subscription ratio of 4.67 times. The issuance is part of efforts to meet international capital allocation needs and

According to CME Fed Watch data released on August 6, the Federal Reserve has a 54.4% probability of raising rates by 25 basis points in September, with a 45.6% chance of holding rates steady. For October, the probability of maintaining rates unchanged stands at 33.5%, while a 25 basis point

US Treasury prices posted a third consecutive daily gain on August 5 (US Eastern Time), though the rally remained modest. Oil price stabilization from Strait of Hormuz reopening expectations provided ongoing support, while an unexpected shift in Treasury issuance guidance language caught markets

On Wednesday (Aug 5), the U.S. Dollar Index fell to a seven-week low of 99.68, with USD/JPY hovering near 157.69 after the U.S. and Japan jointly intervened in the forex market earlier this week. U.S. Treasury Secretary Scott Bessent confirmed the joint action, marking the first coordinated interven

According to market data, on August 5, U.S. 10-year Treasury yields fell 6 basis points to 4.62%, while 2-year yields declined 7 basis points to 4.187%. The decline followed weaker-than-expected July private employment data: ADP reported 44,000 jobs added versus consensus of 70,000, marking the lowe

Brazil's Central Bank cut its benchmark interest rate by 25 basis points to 14% today (August 5).

On Wednesday (Aug 5) New York close, offshore yuan (CNH) traded at 6.7482 against the U.S. dollar, down 2 pips from Tuesday's close. The pair fluctuated within a range of 6.7449 to 6.7501 during the session.

US Treasury Secretary Scott Bessent on the 5th (local time) publicly criticized Wall Street Journal Federal Reserve reporters on X (formerly Twitter). Bessent accused journalists like WSJ's Nick Timiraos of being 'stenographers pretending to be journalists' who report Fed 'backroom gossip.' He

On August 5, U.S. Treasury Secretary Scott Bessent posted on X that WSJ reporter Nick Timiraos and other journalists covering the Federal Reserve lack independent analytical capability. In his post, Bessent said these reporters operate as "stenographers masquerading as journalists," relying

According to Jin10, the U.S. Dollar Index declined 0.18% on August 5, closing at 99.676 at the New York forex market close. The euro strengthened to 1.1553 against the dollar, up from 1.1533 the previous day, while sterling rose to 1.3469, compared to 1.3452 prior. The yen climbed slightly to 157.67

According to Jin10, Federal Reserve Governor Michelle Cook reaffirmed on August 6 that she is prepared to support a rate hike if inflation fails to decelerate. She warned that persistent inflation above the Fed's 2% target risks becoming entrenched in price and wage-setting behavior, making it

According to Jin10, Federal Reserve Governor Philip Cook stated that the current U.S. economic resilience remains strong and the expansion pace is steady.

On Wednesday, August 5, U.S. 2-year Treasury yields fell 0.84 basis points to close at 4.1833%, while 10-year yields rose 0.61 basis points to 4.6188%. The 2/10-year Treasury spread widened by 1.455 basis points to 43.338 basis points.

On Wednesday (August 5) in New York's close, the ICE U.S. Dollar Index declined 0.14% to 99.791 points. The Bloomberg Dollar Index fell 0.18% to 1,203.54 points. USD/JPY remained relatively flat at 157.74

Bank of America cut its year-end USD/JPY forecast to 149 on August 5, down from a previous projection of 152, following joint intervention efforts by the United States and Japan in the currency market.

On-shore Chinese yuan (CNY) traded at 6.7495 against the U.S. dollar in early Beijing time on August 5, up 15 pips from Tuesday's close. The trading volume reached $33.795 billion.

According to Federal Reserve data, Federal Reserve overnight reverse repurchase agreement (RRP) usage fell to $1.65 billion on Wednesday (August 5), down from $2.251 billion on the previous trading day. The operation involved 2

The USD-JPY exchange rate traded at 157.552 yen as of 9:37 AM Eastern Time on the 5th, down 0.216 yen (0.137%) from the previous session, according to Yonhap Infomax. The pair has remained in the 157 yen range for three days following a sharp drop triggered by joint US-Japan foreign exchange

On Wednesday (August 5), Germany's 2-year government bond yield rose 1.3 basis points to 2.730%, after surging intraday before retreating. The 10-year Bund yield advanced 0.4 basis points to 3.111%. Meanwhile, other eurozone sovereigns also gained: France's 10-year yield climbed 1.7bp to 3.901%,

On Wednesday (Aug 5), German two-year government bond yield rose 1.3 basis points to 2.730%, trading between 2.704% and 2.744% during the session. German 10-year bond yield gained 0.4 basis points to 3.111%.