DXY & Forex

BNP Paribas expects the U.S. Federal Reserve to raise interest rates three times beginning in December 2026. The French bank's forecast reflects expectations for monetary policy adjustments as economic conditions

According to the Federal Reserve Bank of New York, SOFR (secured overnight financing rate) rose to 3.62% on June 4, up 1 basis point from 3.61% the previous day. The effective federal funds rate remained unchanged at 3.62% on the same

According to Russian President Vladimir Putin, the ruble currently accounts for approximately 65% of Russia's export settlement transactions. The statement reflects Russia's ongoing efforts to reduce dependence on foreign currencies in international

According to Jin10 and Citi strategist Noah Buffam, U.S. nonfarm employment grew stronger than expected on June 5, lifting the dollar index to its strongest weekly gains since April 8. The dollar index rose 0.6% this week, marking its largest weekly advance in three months. Unemployment remained

According to Jin10, in April, three Federal Reserve officials dissented on the policy statement, seeking to remove language reflecting accommodation. Their positions align with the Fed's current policy

According to Brandywine Global Investment Management portfolio manager Tracy Chen, on June 5, inflation rates are nearly approaching the unemployment rate of 4.3% in May, and the Federal Reserve may have already fallen behind the curve. Traders expect July CPI to exceed 4.2%, according to inflation

According to Nick Timiraos, the Federal Reserve official nicknamed the Fed's "mouthpiece," on June 5, a rebound in spring hiring will provide more evidence for Fed officials concerned about inflation and viewing current interest rates as insufficient to curb renewed price pressures. The latest

On June 5, White House National Economic Council Director Kevin Hassett stated that the Federal Reserve should not raise interest rates and has room to cut them. "The Fed has consistently lagged behind the situation, and there remains substantial room for rate cuts," Hassett said following better-th

According to Goldman Sachs, the asset management firm's multi-strategy fixed income chief Lindsey Rossner stated that recent economic data shows the Federal Reserve need not worry about labor market concerns and will focus on inflation. The duration of the Iran conflict will ultimately determine the

According to Jin10, the U.S. dollar surged against the Japanese yen intraday, breaking above the 160 level with USD/JPY climbing 0.06% to 160.2.

The spread between U.S. 2-year and 10-year Treasury yields narrowed to 38.5 basis points, marking the flattest level since March. The yield curve compression reflects ongoing market expectations regarding interest rate dynamics and economic growth

The U.S. 2-year Treasury yield rose 10 basis points in a single trading session to hit its highest level since the start of 2026.

EUR/USD broke below the 1.16 level in intraday trading on June 5, declining 0.08% during the session.

According to Jin10 data on June 5, analyst Anstey noted that recent U.S. employment figures show a marked rebound in the labor market. The analyst highlighted that 2025 was significantly weaker, with average monthly job gains of only 26,000 compared to 117,000 in 2024. However, the current trend

Traders now expect the Federal Reserve to raise rates by late January 2027, earlier than their previous forecast of late March 2027. The shift reflects market participants' updated assessment of monetary policy

According to BlockBeats, on June 5, markets are pricing in a U.S. Federal Reserve rate hike for January 2027, moving up the expected timeline from March 2027 prior to the nonfarm payroll data release.

Canada's 2-year government bond yield rose 9.1 basis points to 2.903% following the release of employment data from both the U.S. and Canada.

U.S. interest rate futures data shows the probability of a Federal Reserve rate hike in December has climbed to 63% from 48%, reflecting increased market expectations for tighter monetary policy later this

According to Guru Club, on June 5, U.S. 10-year Treasury yields surged over 4 basis points to 4.520% following the release of non-farm payroll data. Spot gold declined, trading at 4,447.73 per ounce.

According to the U.S. Department of Labor, the U.S. economy added 177,000 seasonally adjusted non-farm jobs in May, significantly exceeding the forecast of 85,000. The prior month's figure was revised upward to 179,000 from an initially reported 115,000, indicating stronger-than-expected