DXY & Forex

On Tuesday, August 4, UK gilt yields declined across the curve during late European trading. The 2-year gilt yield fell 7.4 basis points to a daily low of 4.232%, while the 10-year yield dropped 5.9 basis points to 4.893%.

According to Jin10, China's central bank announced it will conduct 500 billion yuan worth of outright reverse repo operations on August 5, with a 3-month maturity. Meanwhile, data from Japan's central bank indicated that it likely did not intervene in the foreign exchange market on Monday. U.S.

According to Jin10, market pricing no longer reflects expectations for a 25 basis point rate hike from the Bank of England this year. Traders have shifted their positioning away from this scenario.

According to BlockBeats, on August 4, traders no longer expect the Bank of England to hike rates by 25 basis points for the remainder of the year.

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The U.S. 1-year Treasury auction yield reached 3.88% on August 4, up 2 basis points from the previous auction's 3.86%.

Today, the U.S. 1-year Treasury auction saw its acceptance rate configuration percentage decline to 12.98%, down from 17.61% in the prior auction, according to Treasury Department data.

According to the U.S. Treasury Department, the 6-week bill auction today (August 4) drew a high yield of 3.640% with a bid-to-cover ratio of 2.93. The 52-week bill auction yielded 3.880% with a bid-to-cover ratio of 3.62.

According to CNBC on August 4, U.S. Treasury Secretary Scott Bessent warned that a weaker yen will cause other currencies to follow suit, citing excessive volatility observed in the Korean won. Bessent said the U.S. will take all necessary measures to support yen stability, emphasizing that a

Wells Fargo announced plans to launch a tokenized deposit service on its blockchain platform next year to handle corporate customer fund transfers. The service will initially focus on cross-border payments between the U.S. dollar and British pound, with plans to expand to additional customers,

According to the New York Federal Reserve, SOFR stood at 3.65% on August 3, down 1 basis point from the previous trading day's 3.66%. The effective federal funds rate remained unchanged at 3.63%.

According to China Futures Monitoring Center, equity held by offshore traders in China's futures market hit a record high recently, surging approximately 60% from the end of 2025. The market currently offers 37 specific futures contracts to international participants, while qualified foreign

US Treasury Secretary Scott Bessent explained on Tuesday why the United States bought Japanese yen in coordination with Japan. Japan's Finance Minister Satsuki Katayama confirmed on Monday that Tokyo bought yen "in coordination with the U.S. Department of the Treasury" on Friday. The intervention

According to Treasury Secretary Scott Bessent, the U.S. and Japan coordinated purchases of Japanese yen on Friday to prevent excessive currency weakness. Bessent told CNBC on Tuesday the move aimed to stabilize the yen, which had weakened to its lowest level since 1986. Japan's Finance Minister

According to Odaily, Federal Reserve Chair Powell said recently that the central bank cannot currently provide interest rate guidance but remains open to forward-looking approaches. He noted forward guidance is appropriate when rates are at zero, expressed hope for further progress on core

According to Guru Club on August 4, Morgan Asset Management recommended reducing or avoiding exposure to Japanese government bonds relative to global bond benchmarks. Myles Bradshaw, head of the firm's business operations, stated that the Bank of Japan is moving too slowly on policy normalization an

According to U.S. Commerce Department data released August 4, the U.S. goods and services trade deficit narrowed 5.6% month-over-month in June to $73.3 billion. Imports declined 1.8% in June, marking the first decrease since the start of the year, while exports fell 0.9%. The import decline

According to Jin10, Federal Reserve Chair Powell said on August 4 that the Fed currently cannot provide interest rate guidance but remains open-minded. The chair added that forward guidance is appropriate when rates are at zero and expressed hope to see more progress on underlying

Canada's June trade balance reached CAD $3.86 billion, exceeding the CAD $3 billion forecast but declining from CAD $4.24 billion in May.

The U.S. trade deficit in June widened to $73.3 billion, exceeding the forecast of $73.0 billion but showing improvement from May's $77.6 billion deficit.