DXY & Forex

According to BlockBeats, on May 1, global central banks entered a holding pattern without providing clear guidance on future policy direction. The U.S. Q1 GDP growth slowed to 2%, below expectations, while March PCE inflation rose to 3.5%, marking the highest level in nearly three years.

According to Crypto Rover, the Federal Reserve injected $8.26 billion into overnight markets today (May 1), marking one of the largest liquidity injections since the COVID-era interventions. The move was executed through overnight funding operations to stabilize short-term funding markets and

According to ChainCatcher, citing 金十, Federal Reserve official Kashkari stated in March that he previously believed inflation could decline and rate cuts may be necessary this year. However, recent developments in March were insufficient to warrant changes to the policy

According to analysis of Bank of Japan accounts, Japan intervened in currency markets on Thursday with approximately $34.5 billion (5.4 trillion yen) to support the yen, marking its first intervention since July 2024. The move came after Finance Minister Sayuri Yamamoto warned of "decisive action" e

According to Yunfeng Finance's official announcement, Yunfeng Finance Group (00376.HK) has completed a strategic investment in WooshPay, a global cross-border payment platform. The investment amount was not disclosed. WooshPay is regulated by the UK Financial Conduct Authority (FCA) and Hong Kong

According to Jin 10, the U.S. dollar briefly dropped over 100 pips against the Japanese yen intraday before a modest rebound, now trading at 156.06.

According to Standard Chartered, the European Central Bank is expected to raise rates by 25 basis points in June, shifting from the bank's previous forecast of unchanged rates.

The Trump administration claims that the April ceasefire ended the war with Iran, pausing the authorization clock for 60 days, and that before the May 1 deadline it can be exempt from congressional authorization. Experts say the text contains no “pause-the-clock” mechanism, and the dispute remains; Collins and other Republicans also voted in favor, showing that this interpretation faces challenges. If a court or Congress accepts it, future presidents may be able to use a ceasefire to end hostilities and evade authorization. Oil prices remain elevated, the Japanese yen is strengthening, and geopolitical risks in the Middle East have not been resolved.

According to BlockBeats, on May 1, President Trump stated he does not care whether Jerome Powell remains as a Federal Reserve governor after his term as chairman ends on May 15, emphasizing instead his focus on ensuring Kevin Warsh becomes the next Fed chairman. Powell's governorship extends

According to CME FedWatch data, the Federal Reserve has a 95% probability of holding rates unchanged in June, with a 5% chance of a 25 basis point cut. For July, the probability of maintaining current rates stands at 87.9%, while a 25 basis point cut has an 11.7% probability and a 50 basis point cut

The U.S. Dollar Index declined 0.91% on April 30, closing at 98.054 at the end of New York trading, according to forex market data. The euro strengthened to 1.1729 against the dollar, up from 1.1682 the previous day, while the British pound rose to 1.3583, compared to 1.3483

Geopolitical supply disruptions and synchronized central bank hawkishness are sustaining elevated energy prices and inflation pressures across global markets. WTI crude oil remains firmly above the $100 threshold at approximately $101.45, driven by ongoing US naval blockade of Iranian ports and

According to the Federal Reserve's official release, the central bank held its benchmark interest rate at 3.5% to 3.75% on April 29, as policymakers weighed inflation and economic uncertainty. The Federal Open Market Committee voted 8 to 4 to maintain rates steady, with dissenting votes from Stephen

According to Jin Shi, USD/CAD fell below 1.36 intraday on April 30, declining 0.61% during the session.

Gate News: According to the latest Gate TradFi data, USDJPY (USD/JPY) has dropped by 2.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

ECB4/30 kept the deposit rate at 2% for the third consecutive time with no change; inflation rose to 3%, but based on data, it did not commit to a rate cut in June. The BoE held at 3.75% with a vote of 8:1, though Pill argued for raising it to 4%, pointing to how energy prices are affected by the Iran war, making it difficult for monetary policy to directly ease the situation. Both central banks believe that energy inflation and slower growth are occurring together, limiting the path forward; market expectations for rate cuts have been pushed back, and the June meeting will be key.

The U.S. Bureau of Economic Analysis (BEA) of the Department of Commerce released on April 30 both its Q1 2026 GDP estimate report and the March personal consumption expenditures (PCE) price index. The Q1 GDP annualized growth rate was only 2.0%, below market expectations of 2.2-2.3%, but it rebounded significantly from Q4 2025’s 0.5%. The core PCE year-over-year growth rate in March was 3.2%, with a month-over-month increase of 0.3%, reaching a 3-year high. The Iran war has driven up energy prices, becoming the main factor behind the warming of inflation, forcing the Federal Reserve into a tougher situation. Q1 GDP at 2.0% below expectations: investment, exports, and government spending all contribute, while consumption slows BEA’s Q1 advance estimate shows that real GDP annualized growth in Q1 2026 was 2.0%, compared with 0

According to Japanese media on April 30, Japan's government and central bank implemented foreign exchange intervention measures after the yen weakened past 160 per dollar. The authorities bought yen and sold dollars to support the currency, according to unnamed government officials cited by Japanese

According to ECB officials, on April 30, policymakers reached consensus that rate hikes in June are highly likely. Policy makers discussed the necessary degree of tightening on Thursday, with multiple officials stating that at least two rate increases are needed unless the war ends and Brent crude p

According to Caixin, on April 30, White House National Economic Council Director Hassett stated that Federal Reserve Chair Jerome Powell's reappointment to the Federal Reserve Board could influence the central bank's interest rate