DXY & Forex

Gate News message, April 27 — The escalating conflict in the Persian Gulf has disrupted global oil flows, with Brent crude briefly surging above $119 per barrel and WTI spiking sharply from pre-conflict levels. While both benchmarks have retraced, crude prices remain near $100 per barrel, forcing ma

Gate News message, April 27 — Moody's International Credit Rating Company maintained China's A1 sovereign credit rating and upgraded its outlook to stable, according to China's Ministry of Finance. The decision reflects Moody's recognition of China's macroeconomic resilience, fiscal strength, and hi

Gate News message, April 27 — Volkmar Baur, an analyst at Commerzbank, warned that if the Bank of Japan holds interest rates steady on Tuesday (April 29) and maintains a cautious stance on future rate hikes, the yen could weaken significantly. The market is anticipating clear signals from the Bank o

BOJ’s April meeting maintained 0.75%, and the market expects another rate hike in June. The yen is around 159.5. Oil prices are rising and pushing up Japan’s import costs, increasing growth pressure. The Middle East situation and rising prices are the main risks. For Taiwanese investors: there are both offsets and benefits, with respect to how much Japanese stocks and yen-related costs and travel demand are helped. If the Middle East situation eases and oil prices fall by mid-June, the BOJ may raise rates to 1.0% within the year—this is the turning point.

Gate News message, April 27 — UK Chief Secretary to the Treasury Darren Jones warned on April 27 that global trade will face an eight-month lag in recovery even after the Iran war is resolved, meaning British families could experience economic consequences until Christmas. The Strait of Hormuz, a cr

Gate News message, April 27 — Five major central banks—the Bank of Japan, Bank of Canada, U.S. Federal Reserve, Bank of England, and European Central Bank—will hold policy meetings this week, with monetary policy decisions expected to be the primary market driver, according to Asger Wilhelm

Gate News message, April 27 — The crypto market slipped 0.5% to $2.59 trillion as investors braced for several major U.S. economic releases this week that could shape Bitcoin and altcoin price direction. Bitcoin traded near $77,800, while the Crypto Fear & Greed Index has recently moved toward the m

The Australian dollar reached its strongest level against the Singapore dollar in a year as of April 24, 2026, trading at approximately 0.9112 Australian dollars per Singapore dollar, just below a one-year high of 0.9152 reached on April 17, according to Bloomberg data. The currency strength is

Gate News message, April 27 — Ibrahim Azizi, chairman of Iran's Islamic Parliament's Committee on National Security and Foreign Policy, said on April 26 that transit fees for the Strait of Hormuz must be settled in Iranian rial, Iran's official currency. Azizi also stated that vessels and cargo

The Chair of the Federal Reserve (Fed), Jerome Powell, will host his final press conference for the Federal Open Market Committee (FOMC) on April 29 (Wednesday) to conclude his eight-year tenure as chair. After President Trump’s nominee, Kevin Warsh, takes over, he will face a policy environment of a 6.7 trillion dollar Fed balance sheet and a rebound in inflation.

This week, central banks around the world announced their interest-rate decisions, and the market expects the Federal Reserve to keep rates unchanged. The conflict in the Middle East has escalated; shipping through the Strait of Hormuz has been disrupted, pushing up energy and raw material prices and increasing global inflation pressure. As a result, central banks are taking a cautious wait-and-see approach. The estimated U.S. GDP is 2.2% annualized, and PCE has risen, indicating that economic resilience and inflation are coexisting. The market generally believes that the Fed will maintain interest rates. Powell may be hosting for the last time during his tenure, and the Warsh appointment path is also affected by the DOJ incident.

Gate News message, April 27 — The ongoing US-Israeli conflict with Iran is expected to trigger a sharp rise in global business failures, with credit insurer Allianz Trade forecasting worldwide insolvencies could surge 6 percent in 2026, up 2 percentage points from pre-war projections. The war, which

Gate News message, April 27 — Iran has proposed a new initiative to the United States prioritizing an agreement on reopening the Strait of Hormuz and lifting maritime blockades, while postponing nuclear negotiations to a later stage, according to AXIOS citing a U.S. official and two informed sources

Gate News: According to the latest Gate TradFi data, USDBRL (US Dollar vs Brazilian) has dropped by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The Trump Treasury Department is accepting donations from Americans to help reduce the US national debt, which has reached $39 trillion according to the department's official website. This comes as interest payments on federal borrowing have surpassed spending on Medicare and the defense budget. Th

Gate News: According to the latest Gate TradFi data, USDBRL (US Dollar vs Brazilian) has dropped by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, April 26 — According to CME FedWatch, the probability of the Federal Reserve holding rates steady in April stands at 100%. Looking ahead to June, the odds of a cumulative 25-basis-point rate cut are just 4.7%, while the probability of maintaining rates unchanged is 95.3%. The dat

Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell, clearing the way for the Senate to confirm Kevin Warsh as the incoming central bank chair. U.S. Attorney for the District of Columbia Jeanine Pirro

Gate News message, April 26 — Next week brings a super central bank week and earnings season, with the Federal Reserve, Bank of Japan, Bank of England, European Central Bank, and Bank of Canada all set to announce interest rate decisions. The Federal Reserve will release its rate decision at 2 a.m.

The U.S. Department of Justice announced that it is withdrawing the criminal investigation into Fed Chair Powell, handing the matter over to the Fed’s Inspector General for follow-up, and temporarily removing the Senate’s obstacle to Warsh’s appointment. The market reacted immediately: U.S. Treasury yields fell and the stock market rose; Democrats questioned the timing. Pirro said this is a phased arrangement, and that if evidence is needed, the investigation could be restarted. Powell’s term runs until 2026, and whether he remains in office will affect subsequent nominations, underscoring the gray area of Fed independence under political pressure.