DXY & Forex

The US dollar strengthened on the morning of the 28th, with the dollar index (DXY) rising 0.105% to 101.109 as of 7:30 AM EDT, following President Donald Trump's rejection of Iran's 7-day ceasefire proposal over the weekend. Iran had demanded at least $120 billion in frozen overseas asset

European Central Bank President Christine Lagarde is set to deliver remarks in approximately 10 minutes from the current time.

According to Capitas Macroeconomics economist James Reilly, recent US Treasury selloffs are driven by changing interest rate expectations. The 10-year Treasury yield, now near 2007 highs, reflects rising oil prices and strong U.S. economic growth rather than AI-related debt issuance or fiscal

According to Jin10, ECB President Christine Lagarde said on Monday that eurozone inflation remains on a "middle path" requiring moderate rate hikes. She stated: "We believe that adopting a measured response is the appropriate action to control inflation, despite the magnitude of this shock." Lagarde

According to a Citi/YouGov survey, British public inflation expectations for the coming year rose to 4.5% in September, up from 3.9% in August.

Nvidia announced a $150 billion stock buyback program Monday, the largest in U.S. corporate history, with shares climbing over 2% in premarket trading. Across Asia-Pacific markets, the Bank of Japan's July meeting minutes signaled continued rate hikes remain appropriate with potential for faster in

The CEO of Hungary's debt management agency announced that the country will not issue foreign currency bonds for the rest of 2026.

According to BlockBeats, on September 28, Bill Ackman warned that the Federal Reserve's 25 basis point rate increase to 3.75%-4.00% may be counterproductive. Ackman argues that the AI arms race is driving tech giants to maintain massive capital expenditures on data centers and computing power

According to CNBC, U.S. Treasury Secretary Bessent recently hired David Zervos, a Wall Street economist, to serve as an advisor at the Treasury Department.

Federal Reserve Governor Christy Bowman is set to deliver remarks shortly, in approximately 10 minutes.

According to Yonhapinfomax, on September 28, South Korea's Finance Ministry announced the launch of an offshore won settlement system pilot, effective September 21, with full operations beginning January 2027. The system allows foreign investors to conduct won transactions through overseas

According to Jin10, on September 28, Bank of England Deputy Governor Ramsden said he would be prepared to support rate hikes if upward inflation pressures continue. The remarks echo concerns raised last week by fellow Deputy Governors Breeden and Lombardelli regarding potential wage-price spirals

According to ING analyst Francesco Pesole, the U.S. dollar may struggle to maintain its recent strength unless Friday's U.S. non-farm payroll report significantly exceeds expectations. The dollar index (DXY) rose 0.1% to 101.101 on September 28, but Pesole noted the currency appears overvalued

According to Bonbast tracking data, the Iranian rial fell to 2.4 million per U.S. dollar on Monday, marking a new record low. The currency has depreciated 2.3% since Saturday, when U.S. President Trump rejected Iran's latest

The crypto market fell -2% to about $2.9 trillion on Sunday and into Monday, September 28, after President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz. Bitcoin slipped to near $82,000 after briefly topping $85,000, Ethereum traded near $2,650, and XRP stayed just

Asian stocks showed mixed performance on September 28, with Japanese and Chinese markets declining while Hong Kong stocks gained. Japan's Nikkei225 fell 486.58 points (0.73%) to 65,877.62 as rising Japanese government bond

CMC Markets has launched a read-only ChatGPT integration for UK CFD clients, allowing users to retrieve account balances, positions, pending orders, product information, prices and historical market data through conversational prompts. The integration cannot place, amend or cancel orders, transfer f

According to BlockBeats and BIT data, U.S. 10-year Treasury yields rose to 5.234% on September 28, marking the highest level since mid-2007. The 30-year Treasury yield also climbed to 5.542%, the highest since 2004.

Bank of England Deputy Governor Paul Ramsden said in September that the central bank's quantitative tightening adjustment has been well understood and positively received by the market.

U.S. Treasury Secretary Bessent called on the Federal Reserve to maintain an open stance when assessing inflation and interest rate paths this month, arguing that productivity gains from artificial intelligence and regulatory easing could expand U.S. economic supply capacity and help curb price