DXY & Forex

According to Freddie Mac's latest report, the U.S. 30-year mortgage rate climbed to 6.76% this week, marking the highest level in 14 months. The rate rose from 6.71% last week and is the highest since June 2025. The increase is attributed to rising global bond yields, which have driven upward

According to Jin10, on September 11, Hungary's long-term domestic bond yields have declined over 50% of the way through their expected fall, driven by the country's planned convergence toward the euro. The 10-year forint bond yield has dropped more than 2 percentage points from its March peak,

According to CME's "Fed Watch," the Federal Reserve has a 69.4% probability of raising rates by 25 basis points in September, with a 30.6% probability of holding rates steady. The U.S. Labor Department will release August CPI data tonight (Beijing time 20:30), a key indicator for the Fed's rate

As of the week ending Sept. 4, India's foreign exchange reserves reached 785.71 billion dollars, marking an all-time high.

According to Jin10, on September 11, Egypt's Foreign Minister Badr Abdelatif expressed support for expanding local currency settlements among BRICS members. He stated that Egypt views BRICS as an important and growing economic cooperation model and backs increased use of local currencies for trade a

The U.S. dollar declined against the Japanese yen on September 11, falling 0.3% to 153.91, paring half of Thursday's rally.

According to Jin10, France's Finance Minister Laurent Lecornu on Friday (September 11) downgraded the government's 2026 economic growth forecast from 0.7% to 0.5%, stating that the country will also fail to meet its budget deficit target. Lecornu cited multiple challenges including domestic

The Russian Central Bank projected inflation to reach 6.0%-7.0% in 2026 based on its baseline scenario and current monetary policy stance, before declining to 4.0% in 2027 and stabilizing at target levels

The Russian Central Bank held its key interest rate at 14% on Sept 11, keeping policy unchanged. The decision matched both the market consensus forecast and the previous month's rate.

According to Yonhapinfomax, South Korea's interest rate swap (IRS) rates surged sharply on September 11, driven by a rise in U.S. Treasury yields and climbing international crude oil prices. The 1-year IRS rate climbed 4.00 basis points to 3.6525%, while the 3-year and 5-year tenors rose 10.50bp and

South Korean government bond yields surged on the 11th, with the 3-year yield climbing 8.4 basis points to 4.014% and the 10-year yield rising 8.7bp to 4.540%. The sharp increase followed overnight surges in US Treasury yields, driven by a spike in international oil prices and concerns over US gover

On September 11, Japan's Chief Cabinet Secretary Minoru Kihara said at a press conference that the government will closely monitor the country's bond market. Kihara expressed "very high" vigilance after Japan's 10-year government bond yield surged to 3%, pledging that Tokyo will implement

France's central bank governor Emmanuel Moulin said the current economic situation is concerning and called on the government and parliament to address the budget deficit issue. "The current situation is indeed worrying and unsatisfactory," said Moulin, who also serves as a member of the European

According to Jin10, on September 11, a significant gap emerged between economists and market expectations regarding the Federal Reserve's September interest rate decision. In a survey of 48 economists conducted between September 4-9, only 13 (27%) predicted a rate hike during the upcoming September

The USD-KRW exchange rate closed at 1,345.90 won at 3:30 PM on September 11, up 6.70 won from the prior Seoul session close, as exporter negotiation volumes and short betting limited upside despite external risk factors. The won strengthened intraday after South Korea's customs office reported Septe

According to Markets Pulse survey, on Sept 11, the 10-year Treasury yield rose to 4.96%, a three-year high. About 30% of 122 surveyed market participants said the yield reaching 5%-5.25% would trigger a 10% stock market correction from peaks, while 22% placed the threshold slightly higher

FX swap points declined across all maturities on September 11 as concerns over US interest rate hikes intensified following the release of August Producer Price Index data. The 1-year maturity FX swap point fell 0.60 won from the opening price to close at -9.40 won, while shorter maturities also

According to Yonhapinfomax, on September 11, South Korea's 1-year FX swap points fell to -9.40 won, down 0.60 won from opening, amid rising expectations of a U.S. Federal Reserve interest rate hike. The decline followed the release of August U.S. Producer Price Index (PPI) data and growing

Aswath Damodaran, known as Wall Street's 'Dean of Valuation,' called the Federal Reserve's interest-rate policy debate 'pointless' as U.S. debt exceeds $40 trillion and long-term Treasury yields hit two-decade highs. Damodaran said there is little Fed Chair Kevin Warsh or Treasury Secretary Scott

Aswath Damodaran, known as Wall Street's "Dean of Valuation," said through August that the Federal Reserve's interest-rate debate is "pointless," arguing Fed Chair Kevin Warsh and Treasury Secretary Scott Bessent have little ability to alter borrowing costs without a shift in inflation