DXY & Forex

Apple unveiled its first foldable smartphone, the iPhone Duo, at new CEO John Turnus's inaugural product launch event. The device marks Apple's first departure from the flat-screen design the company has maintained since the original iPhone in 2007. Priced at $1,999 for the 256GB model (3.29

According to a Reuters survey, 74% of economists said Japan's fiscal 2027 budget request has heightened concerns about fiscal discipline.

According to a Reuters survey, 97% of economists expect the Bank of Japan to raise interest rates to 1.25% on September 18, a significant increase from the 57% who held the same expectation in August's survey.

On Wednesday, the U.S. Treasury announced it will repurchase $6 billion of Treasury bonds maturing between 10 and 20 years, below market expectations of at least $10 billion. Following the announcement, Treasury

On Wednesday (September 9), the U.S. dollar index rose 0.1% to close at 98.83, with the yen emerging as the strongest performer among major currencies. The Japanese yen has surged 4% since the start of September, pushing USD/JPY down 0.2% to 153.63 and approaching a seven-month high, ahead of

US stocks declined on a specific date as three major indices fell simultaneously for the third consecutive trading session. The Dow Jones Industrial Average dropped 405.4 points (0.77%) to close at 52380.66, while the S&P 500 declined 37.16 points (0.48%) to 7636.36 and the Nasdaq fell 168.07 points

Former Federal Reserve Chair Janet Yellen and nearly 50 economists argued to an appeals court that President Trump improperly invoked the "balance of payments" provision to justify tariffs imposed earlier this year. The economists warned that accepting the government's legal rationale would grant th

According to Bloomberg, as U.S. Treasury yields hit multi-year highs amid inflation concerns and fiscal deficits, traders are hedging against further rate increases through options purchases. In response, dealers counterparty to these positions are being forced to unwind derivatives risk through

According to the U.S. Treasury, on September 9, the department purchased the full $12.5 billion target in a cash management buyback auction for Treasury securities with maturities ranging from one month to two years. The auction received $28.027 billion in bids, with a bid-to-cover ratio of

US mortgage rates approached 7% in early September as Treasury yields climbed amid inflation concerns and rising oil prices. The average 30-year fixed mortgage rose to 6.85% in the week ended Sept. 4, its highest level since June, according to Reuters, while Freddie Mac reported 6.71% for the week e

According to Reuters, U.S. 30-year fixed mortgage rates rose to 6.85% in the week ended Sept. 4, their highest level since June 2025. Freddie Mac's survey showed a slightly lower 6.71% for the week ended Sept. 3, up from 6.66% a week prior. Rising Treasury yields have been the main driver, with the

According to the U.S. Treasury Department, the 10-year Treasury note auction held on September 9 resulted in a yield of 4.834%, up 15.1 basis points from 4.683% in the previous month's auction and marking the highest level

According to forex market data, on September 9, the U.S. Dollar Index rose 0.03% to close at 98.817. At the close of the New York forex market, the euro traded at 1.1630 dollars (versus 1.1629 on the previous

According to ICE data, the ICE Dollar Index rose 0.06% to 98.844 during U.S. market close on September 9, with intraday range of 98.599-98.900 points. The Bloomberg Dollar Index declined 0.02% to 1187.06, trading between 1187.75-1184.82 during the same

Onshore yuan closed at 6.7071 against the U.S. dollar at 3:00 AM Beijing time on September 9, up 32 pips from Tuesday's night session close. Trading volume reached 39.747 billion U.S. dollars.

The US Treasury announced on the 9th a 60 billion USD limit for buyback operations targeting bonds with 10-20 years remaining maturity, to be conducted on the 10th. The buyback size tripled the previous maximum of 20 billion USD but fell short of market expectations, with some Wall Street firms

According to Yonhap Infomax, on September 9, U.S. 10-year Treasury yields surged to 4.85%, marking the first breakthrough above this level since November 2023. In the same session, 30-year Treasury yields climbed 4 basis points to 5.304%, breaking through the 5.30% threshold for the first time since

Saturn Credit upgraded its USDat stablecoin from 0% APY to a 3% APR, effective immediately. The change is linked to underlying T-Bill exposure, according to an announcement highlighted by CryptoTwitter commentator @pendle_fi. Saturn Credit operates in the decentralized finance space, providing

On September 9, Federal Reserve overnight reverse repurchase agreement (RRP) operations totaled $432 million with 6 counterparties, down from $626 million on the previous trading day.

According to the U.S. Treasury Department, the department will execute a buyback of up to $6 billion in outstanding Treasury bonds with remaining maturities of 10 to 20 years on September 10. The buyback involves repurchasing Treasury securities currently trading in the market before their