DXY & Forex

The Bank of Canada raised its policy rate by 25 basis points to 2.50% from 2.25% on October 28, marking the first increase since 2023. The central bank stated the move was intended to reduce the risk that high energy prices would spread broadly to the prices of other goods and services, adding that

According to New York Fed data, the secured overnight financing rate (SOFR) rose to 3.95% on October 27, the day the Federal Reserve's monetary policy meeting opened, up 2 basis points from the previous day's 3.93%. The effective federal funds rate remained steady at 3.88%.

The US dollar rose modestly on the 28th, with the dollar index (DXY) reaching 102.376 at 7:32 AM Eastern Time, up 0.077 points or 0.075% from the previous close of 102.299. The gain reflected upward pressure from rising international oil prices amid tensions between Saudi Arabia and Yemen's

According to the Bank of Canada, the central bank forecasts average inflation of 2.9% for 2026, down from 2.5% expected in July. Economic growth is projected at 1.0% for 2026, compared to the 0.7% forecast in July.

According to Yonhapinfomax, the US dollar index (DXY) rose to 102.376 on October 28 at 7:32 a.m. ET, up 0.077 points or 0.075% from the previous close. The dollar showed limited directional movement ahead of the Federal Reserve's policy rate decision. CME FedWatch data indicated a 90.6%

According to Yonhap Infomax, USD-KRW rose to 1,340.80 won on October 27, up 17.10 won from the previous session. The rally was driven by a record-scale influx of foreign investor buying in dollar futures contracts, with foreign investors making net purchases of approximately 144,300 dollar futures c

According to JPMorgan Chase analysts, the U.S. Treasury will likely increase its short-term borrowing when announcing its quarterly refunding plan next week. The bank projects net borrowing for private investors will reach $2.038 trillion in 2026 and rise to $2.202 trillion in 2027. Privately held s

US Treasury bonds have recovered from their early-October selloff as investors shift capital from artificial intelligence infrastructure investments to government debt, driven by concerns about AI companies' ability to finance expensive data centers and computing infrastructure. The recovery

According to the Federal Reserve, the Federal Open Market Committee (FOMC) meeting proceeded as scheduled on Wednesday morning at 9 a.m.

The Bank of Canada is expected to raise its benchmark rate to 2.5% this week, according to market expectations. Analysts will monitor the central bank's assessment of escalating U.S.-Canada trade tensions and tariff measures, as well as any signals regarding future rate paths and updated forecasts f

According to U.S. Treasury and State Department data cited by ChainCatcher, net purchases of U.S. Treasuries by allied nations totaled $174.3 billion in the first eight months of 2026, down more than 60% year-over-year. Japan recorded net purchases of only $389 million, while South Korea posted net

According to researchers at George Washington University and Stanford University, an AI-driven simulation called Sim Fed completed seven voting rounds on the Federal Reserve's upcoming October decision, with five simulations favoring a rate pause and two supporting a rate hike. The system,

Global central banks are navigating conflicting monetary policy pressures as oil prices surged above $100 per barrel on 28 October 2026, driven by escalating Middle East geopolitical tensions. The US Federal Reserve is widely anticipated to hold interest rates steady at 3.75%-4.00%, while the Bank o

On October 28, the UK 10-year government bond yield fell 1.4 basis points to 5.34% following remarks delivered by the UK Chancellor of the Exchequer.

US Treasury yields climbed back above 5% on Wednesday, October 28, as investors awaited the Federal Reserve's interest rate decision. The benchmark 10-year yield reached approximately 5.01%, according to Trading Economics, up from around 5.00% in the previous session. The move comes after yields

The U.S. goods trade deficit expanded to $134.9 billion in September, exceeding economist expectations of $129 billion and widening from $132.6 billion in August.

According to Sumitomo Mitsui Banking Corporation (SMBC), ahead of the November 3 U.S. midterm elections, different election outcomes would have limited impact on U.S. Treasury yield markets. However, if Democrats gain full control of both chambers of Congress, they could push Treasury yields

According to Odaily, Federal Reserve officials are divided over whether financial conditions have tightened enough to combat inflation, a debate that will shape decisions on future rate increases. While some policymakers argue that stock prices, credit supply, and corporate investment suggest financ

In US Stock Market News, the Federal Reserve's policy decision on October 28 at 11:30 PM IST (1:00 PM ET) drew investor attention as markets widely expected rates to remain unchanged, though traders sought clues on a possible December rate hike. Persistent inflation, a strong dollar, and the

According to the Brazilian Center for Advanced Studies in Applied Economics (Cepea), arabica and robusta coffee prices in Brazil remain supported by USD strength against the real on October 28. Despite declines in international markets, favorable weather conditions in production regions have