DXY & Forex

France's trade deficit stood at €5.64 billion in April, improving from €6.864 billion in the previous month, according to official data.

France's current account deficit narrowed to 200 million euros in April, compared with a deficit of 1.2 billion euros in the previous month, according to official economic data.

According to Jin10, major forex options expiries are set for June 5 at 22:00 Beijing time, with 9 strike prices carrying notional values exceeding $1 billion each. The expiring contracts span the euro, Japanese yen, Australian dollar, and British

According to Odaily and Jin10, the U.S. May non-farm payroll report will be released tonight (June 5) at 8:30 PM ET, marking the first such report under newly appointed Federal Reserve Chairman Wessel. Market expectations have edged lower, though the earlier ADP private employment report came in

The Office of the U.S. Trade Representative (USTR) released a report determining that Brazil's Pix instant payment system burdens or restricts U.S. commerce, citing Section 301(b) of the Trade Act as grounds for potential tariff actions. The USTR claims Pix's preferential treatment imposes costs on

According to a June report from the U.S. Trade Representative (USTR), Brazil's Pix instant payment system burdens or restricts U.S. commerce by imposing costs on U.S. services providers and forcing them to promote their Brazilian competitor without compensation. The USTR determined the acts and

According to Jin10, on June 5, India's central bank kept its benchmark interest rate unchanged while announcing currency support measures to combat rupee depreciation, as Governor Sanjay Malhotra signaled the RBI's

According to Thailand's Commerce Ministry data released on June 5, the country's consumer price index rose 2.79% year-over-year in May, decelerating from 2.89% in April and remaining within the central bank's target range. The slower inflation eases pressure for rate adjustments. The Bank of Thaila

The U.S. dollar index trades at 99.41, down 0.03% intraday as of June 5.

According to Jin10, offshore yuan Hong Kong interbank offered rates (Hibor) on June 5 showed most key tenors holding steady, with the one-year Hibor edging down to 1.65000%, matching the record low set on Tuesday. The two-week Hibor fell to 1.31394%, while overnight Hibor rose 4 basis points to 1.27

President Trump said on Thursday that the U.S. and India are expected to finalize a long-awaited trade deal this week following the latest round of negotiations. Under the proposed agreement, Indian exports would be subject to an 18% tariff, down from the 50% rate announced previously. Earlier negot

According to Thai Commerce Minister Suthapon, Thailand is seeking a reciprocal trade agreement with the United States by the end of June that could help reduce proposed tariff rates to 10%. Thailand has approximately 25 outstanding issues that need to be resolved to reach a final agreement.

According to Jin10, on June 5, China's central bank conducted 215 billion yuan in 7-day reverse repo operations. With 123 billion yuan in maturing repos, the day achieved a net liquidity injection of 92 billion yuan. For the week, the central bank conducted 226.2 billion yuan in reverse repo operati

China's central bank conducted a 7-day reverse repo operation of 215 billion yuan today, with all bids accepted at an operating rate of 1.40%, unchanged from the previous operation.

China's yuan midpoint rate against the U.S. dollar strengthened 46 pips yesterday to 6.8157, marking the highest level since February 14, 2023.

According to China's interbank foreign exchange market, the yuan weakened against the U.S. dollar on June 5, with the USD/CNY midpoint rate falling to 6.8157, down 46 basis points. Among other major currency pairs, the pound sterling weakened to 9.1231 (down 67 points), the Canadian dollar to 4.8843

According to Reuters, on June 4, Jeffrey Schmid, president of the Federal Reserve Bank of Kansas City, stated the Federal Reserve faces a choice between maintaining patience and keeping rates steady or raising rates further to combat inflation that has remained above the 2% target for over five

According to Guru Club, the Korean won fell to 1,541.4 against the U.S. dollar today (June 5), marking its lowest level since March 2009.

According to Jin10 Futures, China's CFETS-NEX yuan funding sentiment index rose to 51 as of 08:45 on June 5, up 4 points from 16:00 the previous day. By institution type: large banks reported 49 (up 4), mid-size banks 52 (up 4), and non-bank institutions 50 (up 4).

According to Reuters, on June 4, U.S. Trade Representative Jamieson Greer pledged to respect the 15% tariff cap on most EU and Japanese goods agreed under prior trade deals, stating "an agreement is an agreement." The U.S. Trade Representative's Office (USTR) simultaneously announced new tariffs ta