DXY & Forex

According to Golden Ten, Federal Reserve official Mosallam recently stated that a 2% inflation rate would mean interest rates could be further reduced.

According to BlockBeats, Federal Reserve Vice Chair Mussallem stated on May 6 that there are reasonable scenarios in which interest rates need to remain stable for an extended period.

Tenora Financial Group has received authorisation from the Financial Conduct Authority as an electronic money institution in the United Kingdom, while Macquarie has increased its shareholding to 33% through its Commodities and Global Markets division. The dual developments combine regulatory

According to CME Fed Watch, the Federal Reserve has a 94.2% probability of keeping interest rates unchanged in June, with a 5.8% chance of a 25 basis point rate cut. For July, the probability of holding rates steady stands at 84.1%, with a 15.3% probability of a cumulative 25 basis point cut.

According to BlockBeats, on May 6, the U.S. ADP employment for April came in at 109,000, beating expectations of 99,000 and rising from 62,000 in March.

Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

At the time of writing, Bitcoin broke above $82,000 to reach its highest level since late January, driven by $2.44 billion in spot ETF inflows during April and over $300 million in short liquidations in 24 hours. BTC traded near $82,300, up approximately 14% from early April lows. BlackRock's IBIT a

According to Odaily, the U.S. April ADP employment data will be released today (May 6) at 20:15 UTC+8, with market expectations at 99,000 new jobs versus prior 62,000.

According to 10jqka, South Korea's April consumer price index reached its highest level in nearly two years, driven by rising oil prices stemming from Middle East tensions. This increases the likelihood of the Bank of Korea raising rates in the second half of 2026 to combat inflationary pressures. E

According to Golden Ten, the U.S. dollar weakened against the Japanese yen today, with USD/JPY dropping over 1.5% to trade at 155.49.

According to Gate data, the U.S. dollar index (DXY) fell below 98 today, declining 0.5% intraday.

According to Jinshi, USD/JPY dropped 60 pips intraday today with a decline exceeding 0.5%, currently trading at 157.06.

Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

During China's May Day holiday from April 30 to May 6, global equity indices posted gains, with Nasdaq up 2.65%, S&P 500 up 1.73%, and Dow Jones up 0.89%. In commodities, base metals strengthened across the board: London aluminum rose 3.16%, nickel up 1.97%, and zinc up 1.50%. Agricultural

According to swap contracts linked to Federal Reserve policy decisions, bond traders are increasingly betting that the central bank's next move will be a rate hike rather than a cut. Market expectations show a greater than 50% probability of a Fed rate hike before April 2027, according to data

According to ChainCatcher and Gate market data, the USD index rose 0.07% on May 6, closing at 98.441. EUR/USD strengthened to 1.17 from 1.1692; GBP/USD climbed to 1.3551 from 1.3534; USD/JPY advanced to 157.88 from 157.24; USD/CHF weakened to 0.7827 from 0.7836; USD/CAD increased to 1.3618 from 1.36

The U.S. Department of Labor will release April non-farm payroll (NFP) data on May 8 at 9:30 PM Korean time (8:30 AM ET), amid heightened inflation pressures from the Middle East conflict. NFP is the primary employment indicator measuring total job gains and losses excluding the agricultural

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

On May 5, Chiara Scotti, deputy governor of the Banca d’Italia (Bank of Italy), urged the EU to assess the development of a “tokenized version” of the SEPA (Single Euro Payments Area) system, and to address how private tokenized money (tokenized e-money, bank digitized tokenized deposits) could erode the traditional banking system. Cointelegraph compiled the report’s details, with Scotti noting that infrastructure designed to make “public-sector and private-form currencies interoperable” is a key priority for central banks to maintain control over money without hindering innovation. What is SEPA? The infrastructure for cross-border payments in the EU SEPA (Single Euro Payments