DXY & Forex

According to CCTV Finance, offshore Chinese yuan surpassed 6.80 against the U.S. dollar for the second consecutive day on May 9. Shanghai Finance and Development Lab director Zeng Gang noted the move reflects continued U.S. dollar weakness and China's sustained trade competitiveness. The onshore and

According to Gelonghui, the onshore Chinese yuan (CNY) strengthened to 6.8005 against the U.S. dollar at 03:00 Beijing time on May 9, rising 63 pips from Thursday's close. Trading volume reached $41.971

According to Gelonghui, offshore yuan (CNH) rose 116 pips against the U.S. dollar on May 8 (New York close), trading at 6.7971 on Friday morning Beijing time (04:59). The pair traded within a range of 6.8099-6.7955 during the

According to a report by Coinfomania on May 8 citing public information, the “Digital Asset Co-Creation Alliance” (DCC), with blockchain infrastructure company Progmat—an entity under the MUFG (Mitsubishi UFJ Financial Group) financial group—serving as the secretariat, launched working groups in May. The plan is to buy back and bring the market online by the end of 2026. The scale of Japan’s repo market is about $1.6 trillion, accounting for 10% of the global $16 trillion repo market. Consortium

According to Bank of America's Global Research division on May 8, the Federal Reserve will postpone interest rate cuts until the second half of 2027, citing elevated inflation and strong employment growth. BAC previously forecast two rate cuts in September and October 2026, but has now reversed

According to Japan's Finance Ministry, the country's total government debt reached 1,343.84 trillion yen as of end-March 2026, marking a 10-year consecutive record high. The debt increased by 20.13 trillion yen from the previous fiscal year. Japanese government bonds accounted for 1,207.22 trillion

China's exports to the United States rose 11.4% year-over-year to $36.76 billion in April, while imports from the U.S. increased 9.4% to $13.69 billion. The bilateral trade surplus reached $23.07 billion for the

China's exports in April rose 14.1% year-over-year in U.S. dollar terms, up significantly from 2.5% in the previous month, according to official trade data.

Overnight SHIBOR fell to 1.2240% overnight, down 3.10 basis points. Seven-day SHIBOR declined to 1.3180%, down 2.70 basis points, while three-month SHIBOR edged lower to 1.4140%, down 0.30 basis points.

As the situation in the Strait of Hormuz continues to escalate, multiple market institutions and analysts on May 9 pointed out that Wall Street traders are using a “NACHO (Not A Chance Hormuz Opens)” trading logic to replace the previously popular “TACO (Trump Always Chickens Out)” trading model. High oil prices are no longer a one-off short-term shock, but a new market environment. Military escalation in the Strait of Hormuz According to media reports, on May 7, 2026 (Thursday), fighting once a

China's April trade surplus reached $84.82 billion, according to official data, exceeding the forecast of $83 billion. The figure represents a significant increase from March's $51.13 billion.

China's exports grew 9.8% year-over-year in April, rebounding sharply from a 0.70% decline in the prior month.

According to the People's Bank of China, the central bank conducted a 500 million yuan 7-day reverse repurchase operation today, with successful bids matching the full amount. The operation rate was set at 1.40%, unchanged from the previous

According to a16z Crypto, tokenized real-world assets (RWA) have exceeded $300 billion in size, growing 10-fold over the past two years. U.S. Treasury bonds account for nearly half of the total, with the asset class expanding to include government debt, commodities, equities, and private credit on-c

The U.S. Dollar Index declined 0.17% today, closing at 97.900 at the New York forex market close. EUR/USD rose to 1.1778 from 1.1751, while GBP/USD climbed to 1.3622 from 1.3583.

According to Chicago Fed Chair Austan Goolsbee on May 9, all interest rate options remain on the table, not just rate cuts. The Federal Reserve held rates steady in late April, with three officials opposing language in dissenting statements that hinted at possible future rate cuts, instead

According to a Reuters survey, Colombia's economic growth forecast for 2026 was cut to 2.5% from 2.8%, while the 2027 forecast was lowered to 2.3% from 2.8%.

According to ECB governing council member Nagel on Friday (May 9), the central bank is "highly vigilant" regarding inflation risks driven by the Iran conflict and will take action as needed to prevent energy cost increases from spreading more broadly to prices. Nagel emphasized that policymakers

According to BlockBeats reporting, Federal Reserve official Austan Goolsbee said on May 8 that the employment report looks "quite stable," while inflation performance is weak and the trend is unfavorable. He noted there is not yet substantial evidence that the labor market is