DXY & Forex

According to ChainCatcher, the U.S. Dollar Index rose 0.22% on May 4, closing at 98.377 in forex trading. Among major currency pairs, the euro weakened to 1.1692 per dollar from 1.1731, while the yen strengthened to 157.24 per dollar from 157.02. The British pound declined to 1.3534 per dollar from

According to Jin Shi, Federal Reserve Vice Chair John Williams stated on May 4 that there is currently no need to consider raising interest rates.

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to ChainCatcher, ECB Governing Council member Negrel stated that the central bank may raise rates in June if the inflation outlook does not improve.

Fed Chair Jerome Powell's colleague Williams stated that tariffs and energy are primary drivers of inflation, while core inflation remains stable overall. He noted that well-anchored inflation expectations represent a positive signal, according to reports.

According to BlockBeats, U.S. 30-year Treasury yield broke above 5.01% on May 4, marking the highest level since July last 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

According to Gate market data, on May 4, the Dow Jones Index closed down 557.37 points (-1.13%) to 48,941.9. The S&P 500 index fell 29.37 points (-0.41%) to close at 7,200.75, while the Nasdaq Composite declined 46.64 points (-0.19%) to 25,067.8.

According to U.S. Treasury Secretary Bessent on May 4, the United States controls the Strait of Hormuz, and global oil supply will be "very well supplied" despite current conflicts. Bessent stated the global oil deficit caused by ongoing conflict is approximately 8 million to 10 million barrels per

South Korea is pushing a won-pegged stablecoin after $115B flowed into dollar-backed tokens, raising FX and policy concerns. The Bank of Korea favors a bank-led rollout with strict oversight, warning of risks to monetary stability and reporting compliance. Competing KRW stablecoin

According to Barclays, the bank now expects the Federal Reserve to keep interest rates unchanged throughout 2026, reversing its previous forecast of a 25 basis point rate cut in September.

According to FinanceFeeds, on May 4, President Trump's announcement of "Project Freedom"—a military operation to guide neutral vessels through the Strait of Hormuz—escalated U.S.-Iran tensions, triggering a classic flight to safety. Iran condemned the move as a ceasefire violation and threatened mil

According to ChainCatcher citing Jinshi, USD/JPY fell below 156 intraday on May 4, declining 0.68% during the session.

According to sources cited by Odaily, Federal Reserve Chair Jerome Powell plans to remain as a board member after stepping down from his position in May 2026. The decision, described as historically uncommon, is aimed at maintaining monetary policy continuity and ensuring the Fed's institutional

According to Odaily, South Korea's central bank deputy governor Ryoo Sangdai said it is time to consider raising interest rates. Ryoo, a member of the monetary policy committee, cited stronger-than-expected economic resilience following Middle East tensions and rising inflation pressures. The centra

On Monday (May 4), US stock futures rose as improving risk sentiment was buoyed by prospects of shipping resuming through the Strait of Hormuz and progress toward a US-Iran deal. S&P 500 Index futures gained 0.2% after the underlying gauge closed at a record high on Friday. Brent crude declined 2% i

According to CME FedWatch, as of early May 2026, the Federal Reserve has a 92.8% probability of keeping rates unchanged in June, with only a 7.2% chance of a 25 basis point rate cut. For July, the probability of holding rates steady stands at 88.8%, with a 10.9% probability of a 25 basis point cut a

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

According to journalist Nick Timiraos, the Federal Reserve's interest rate policy discussion has reached a critical turning point, with the central bank shifting from a dovish to a more neutral stance. Three regional Fed presidents—Dallas Fed President Lorie Logan, Cleveland Fed President Beth Hamma

According to WSJ, Federal Reserve officials have shifted their internal discussion from when to cut rates to when rate hikes might be necessary. Three regional Fed presidents publicly opposed maintaining guidance suggesting further cuts are likely. Dallas Federal Reserve President Lorie Logan