DXY & Forex

According to Jin10, the People's Bank of China conducted 11 billion yuan in 7-day reverse repo operations on June 1, while 258 billion yuan in maturing 7-day reverse repos came due, resulting in a net liquidity drain of 247 billion yuan for the day.

The People's Bank of China (PBOC) conducted 11 billion yuan (approximately $1.5 billion) in 7-day reverse repo operations today (June 1, 2026) at a fixed rate of 1.40%, unchanged from the previous day. Additionally, 258 billion yuan in existing reverse repos matured today.

China's central bank set the yuan midpoint rate at 6.8167 against the U.S. dollar today, up 9 pips from the previous trading day's midpoint of 6.8176. The previous day's official closing rate was 6.7685, with the night trading session closing at 6.7663.

According to BOK Governor Shin Hyun-song, on June 1, South Korea's central bank introduced Project Hangang during the BOK Conference 2026. The project represents a tokenized wholesale central bank money initiative designed to serve as the next-generation model for a two-tier monetary system, built o

According to Bloomberg, on June 1, Isabel Schnabel, member of the European Central Bank's Executive Board, stated that stablecoins pose multiple risks to financial stability and monetary policy transmission. Schnabel emphasized that the ECB's best response is to ensure public currency remains the

According to Jin10 Futures, as of 08:45 on June 1, CFETS-NEX yuan sentiment index fell 2 points to 49, dropping below the neutral level of 50 and indicating tightening liquidity conditions. Breakdown by institution: large banks reported 47 (down 2 points), mid-sized banks 50 (down 2 points), and

According to Fed communications reporter Nick Timiraos, former Federal Reserve Chair Jerome Powell warned on Sunday evening that if any government removed Fed officials solely due to policy disagreements, the institution could not survive. Powell, now serving as a Federal Reserve Governor,

According to BlockBeats, on June 1, U.S. President Trump said a ceasefire agreement with Iran is close to being reached, demanding Iran abandon its nuclear weapons capability and open the Strait of Hormuz. Iran denied it has approved the final agreement text and emphasized that disagreements

In May, South Korea's imports grew 20.8% year-over-year, below the forecasted 21.5%, according to latest economic data. The reading represents a slowdown from the prior month's 16.70% growth rate.

China's central bank will have 908.9 billion yuan in reverse repurchase agreements (repos) maturing this week, according to public market data. The maturities are distributed across the week as follows: Monday through Friday will see 258 billion yuan, 249 billion yuan, 177.6 billion yuan, 101.3 bill

According to CME FedWatch, the Federal Reserve has a 99.3% probability of holding rates steady in June, with only a 0.7% chance of a 25-basis-point rate hike. For July, the probability of maintaining current rates stands at 94%, compared to 5.9% odds of a rate

According to CFTC data, as of the week ending May 26, speculators increased net short positions in U.S. Treasury futures by 20,577 contracts, reaching a total of 199,251 contracts.

The policies of global oil markets affect the stability of the worldwide economy and determine its inflation patterns. Oil choices have spillover effects across all large industries because production and transport incur costs that are influenced by energy prices. Financial markets are changing

According to a Reuters survey, the Russian ruble is forecast to trade at 83.85 against the U.S. dollar within the next 12 months, compared to 89 in the previous survey.

According to a Reuters survey, Poland's central bank (Narodowy Bank Polski) is expected to keep its benchmark interest rate unchanged at 3.75% next week.

According to Federal Reserve Governor Bauman, on May 29, it is premature to assess the impact of the Iran-Israel conflict on inflation. She supports maintaining language in the Federal Reserve's post-meeting statement that suggests further rate cuts remain possible. Bauman stated that policymakers s

Alvaro Santos Pereira, a European Central Bank policymaker and governor of Portugal's central bank, called for the ECB to act decisively on inflation, saying early action is preferable to later intervention to avoid larger secondary effects. Pereira emphasized concerns about potential inflationary s

According to CME Fed Watch data, on May 31, the probability of a federal funds rate hike by year-end declined to 48%, while the likelihood of holding rates steady through December stands at 51.8%. The probability of a 25 basis point rate cut remains minimal at 0.2%.

According to Guru Club, offshore Chinese yuan (CNH) appreciated against the U.S. dollar, gaining approximately 680 pips in May with a 0.99% increase. As of Friday's New York close on May 29, CNH traded at 6.7635 per dollar, up 96 pips from the previous day.

According to Jin10 Data Center, the CFTC non-commercial forex positioning report has been updated for the week ending May 26.