DXY & Forex

According to Financial Ten, ECB Governing Council member Nagel recently signaled that the base case scenario includes two rate hikes.

UK 30-year gilt yields rose to 5.794% today, reaching their highest level since May 1998, according to market data. The yield increased 11 basis points during the session.

UK 20-year government bond yields rose to 5.734% today (May 12), marking the highest level since July 1998. The yield gained 12 basis points during the session.

According to Treasury Secretary Bessent, global bond yields are rising as markets price in inflation. The comments reflect broader concerns about inflation dynamics affecting fixed-income markets globally.

According to Golden Ten Data, on Tuesday, May 12, UK government bond prices fell sharply following local election losses for Prime Minister Keir Starmer's Labour Party. The 10-year gilt yield surged 10 basis points to 5.10%, as growing calls from Labour politicians for Starmer's resignation fueled i

According to U.S. Treasury Secretary Bessent, on May 12 he did not raise any requests regarding monetary policy with Japanese Prime Minister Takayaki Koizumi. Both the U.S. and Japan agreed that excessive volatility in foreign exchange markets is

Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Japan's Ministry of Finance declined to comment on market speculation regarding currency intervention checks today, according to the official statement.

Federal Reserve Chair Williams, a permanent FOMC voting member and president of the New York Federal Reserve, will participate in a monetary policy panel discussion in 10 minutes.

The Australian dollar declined 0.50% intraday on May 12, trading at 0.7209 against the U.S. dollar.

Sterling declined 0.50% during today's trading session, with GBP/USD now trading at 1.3542.

According to Jin10, foreign exchange options including EUR, AUD, and JPY with nine strike prices of over 1 billion each will expire today (May 12) at 22:00 Beijing time. Market participants are advised to manage associated

According to Golden Ten Futures, China's CFETS liquidity sentiment index rose to 47 as of 14:30 on May 12, up 1 point from 10:15. By institution type, large banks reported 47, mid-sized banks 48, and non-bank institutions 47, each up 1 point. The index ranges from 0 to 100, with 50 representing

UK interest rate futures pricing showed the Bank of England's policy rate is expected to tighten by approximately 68 basis points through December, up from around 56 basis points forecast on Monday (May 11).

Money market pricing currently reflects expectations that the European Central Bank will raise interest rates three times in 2026.

According to the Norwegian government's latest economic forecast released on May 12, non-oil GDP growth for 2026 is projected at 1.7%, down from the 2.1% estimate issued in October 2025. Core inflation expectations for 2026 were simultaneously raised to 3.2% from the previous forecast

Norway's government projects a structural non-oil budget deficit of 579 billion Norwegian kroner (NOK) for 2026, down slightly from the 579.4 billion NOK estimated in October 2025.

Germany's consumer price index rose 2.9% year-over-year in April, matching both the preliminary reading and market expectations.

Major macroeconomic events will unfold this week, including a US-China summit on May 14 (Korea time) and the end of Federal Reserve Chair Jerome Powell's term on May 16, according to the source article. Both developments are expected to significantly influence global markets. US-China Summit: May

According to Jin Ten Data, offshore Chinese yuan interbank offered rates (CNH HIBOR) on May 12 showed mixed movements. Overnight HIBOR rose 11 basis points to 1.41136%, while one-week HIBOR fell to 1.43606% and two-week HIBOR declined to 1.43606%. One-year HIBOR dropped to 1.69333%, marking a new