DXY & Forex

Track the US Dollar Index (DXY) and major currency pairs to analyze how dollar strength, liquidity expectations, and interest rate spreads impact BTC, stablecoins, and global crypto pricing.
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Oil Prices Rise—Japan Inflation Re-Emerges! The Yen Weakens; The Finance Minister Vows to Defend Intervention

Japan’s core inflation rebounded for the first time in five months in March, driven mainly by higher energy prices sparked by geopolitical tensions. As inflationary pressure gradually becomes more apparent, the market is closely watching the Bank of Japan’s upcoming rate decision meeting. At present, most institutions expect the BoJ to keep interest rates unchanged, but it may issue guidance that leans toward a hawkish monetary policy stance. At the same time, the yen has remained weak, prompting the Japanese government to be highly alert to speculative trading. Japan’s Ministry of Finance has made it clear that if necessary, it will take intervention measures at any time to stabilize the currency market. Energy prices boost Japan’s core inflation According to CNBC, Japan’s March core inflation rate excluding fresh food rose to a year-on-year rate of 1.8%, higher than February’s 1.6%. This is the first acceleration in this data in five months, mainly because the Middle East conflict has pushed energy prices higher. However, inflation excluding energy and food edged down slightly to 2.4%. According to a BoJ survey, more than 80%…
ChainNewsAbmedia·04-24 00:44
Oil Prices Rise—Japan Inflation Re-Emerges! The Yen Weakens; The Finance Minister Vows to Defend Intervention

TradFi Rise Alert: USDZAR (USD/ZAR) Rises Over 1%

Gate News: According to the latest Gate TradFi data, USDZAR (USD/ZAR) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews·04-23 19:38
TradFi Rise Alert: USDZAR (USD/ZAR) Rises Over 1%

Fed Rate Cut Delayed to Late 2024, Reuters Survey Shows

According to a recent Reuters survey of economists conducted April 17-21, the Federal Reserve is expected to wait at least six more months before cutting interest rates in 2024. The postponement reflects inflationary pressures stemming from the Middle East war, which has lasted approximately two mon
CryptoFrontier·04-23 10:53
Fed Rate Cut Delayed to Late 2024, Reuters Survey Shows

Trump Says US Considering Currency Swap with UAE as Part of Support for Gulf Ally

Trump floated a US-UAE currency swap to help UAE amid potential Iran-related stress; UAE informal request to exchange dirhams for dollars; UAE and US emphasize strong ties; swap line would ease dollar shortages, with Fed as lender. Abstract: President Trump indicated the United States may offer a currency swap with the UAE to shore up its Gulf ally if Iran-related economic strain emerges. The UAE privately requested dollar liquidity; a Fed swap line would exchange dirhams for dollars and back under agreed terms, reinforcing a long-standing US-UAE partnership.
GateNews·04-23 03:54
Trump Says US Considering Currency Swap with UAE as Part of Support for Gulf Ally

US Dollar Hits Record 51.1% Share of Global Trade, Up from 49.2% in February

SWIFT data indicate the US dollar accounted for a record 51.1% of international transactions in March, up from 49.2% in February and the highest level since 2023. The euro was around 21%, with sterling and yen behind, and the dollar's rise aligned with tensions in the Middle East. SWIFT data show the US dollar share of international transactions rose to 51.1% in March from 49.2% in February, a peak since 2023, with the euro around 21% and sterling and yen trailing.
GateNews·04-23 03:32
US Dollar Hits Record 51.1% Share of Global Trade, Up from 49.2% in February