DXY & Forex

Gate News: According to the latest Gate TradFi data, USDINR (US Dollar vs Indian Rupee) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On May 25 at the close of New York trading, the ICE Dollar Index fell 0.26% to 98.977, with intraday trading range between 99.106 and 98.915.

On May 25, the South Korean won strengthened 0.39% against the US dollar, closing at 1,511.65 won per dollar.

Billionaire investor Ray Dalio warned in a podcast episode published Sunday, May 24, that a sequence of 13 steps will lead to Americans saving in U.S. dollars losing 40% of their savings. Dalio identified Iran's recent decision to accept tolls and sell oil in Chinese yuan rather than USD as

According to Ray Dalio in a podcast published on May 24, the billionaire investor outlined a 13-step process leading to a 40% depreciation of savings for USD holders, warning that the world is currently between steps 9 and 10. Dalio pointed to Iran's recent acceptance of tolls in the Strait of

According to SEB's report, since the US-Iran conflict erupted on February 27, UK interest rate expectations have risen 106 basis points—the largest adjustment among G10 economies. In the same period, US expectations rose 78 basis points, the eurozone 69 basis points, and Norway 70 basis points.

According to Reuters, Bank of Israel Deputy Governor Andrew Abir recently stated that while inflation has been successfully controlled at around 2%, ongoing geopolitical risks—particularly the threat of renewed conflict with Iran—require the central bank to maintain a gradual pace for future

According to Jin10, on May 25, 2026, People's Bank of China Governor Pan Gongsheng met French Central Bank Governor François Villeroy de Galhau to exchange views on global and Chinese economic conditions, China-France and China-Europe financial cooperation, and global economic governance. Pan

According to Macroeconomics Office analyst Thomas Matthews, most major economies are unlikely to cut interest rates in 2026 even if the Middle East conflict ends, according to research cited by Jin10. If the war's conclusion sparks a bond market rally, the scale of gains will vary by region based on

According to the Bank of Israel, the central bank cut its benchmark interest rate to 3.75% today (May 25), in line with market expectations.

According to BlockBeats, Kevin Warsh, personally appointed by President Trump, was sworn in as Federal Reserve Chair on May 25. The shift marks Trump's first full assumption of political responsibility for U.S. economic and inflation performance, following his prior attribution of high rates, weak h

According to a joint statement issued on May 25, China and Serbia agreed to strengthen financial cooperation and re-sign their bilateral currency swap agreement. The two countries will encourage their financial institutions to use renminbi swap funds to support trade and investment activities, and p

Germany's 10-year government bond yield fell to its lowest level since April 8, hitting 2.943% today (May 25), down 9 basis points intraday.

According to Brazil's central bank survey, economists raised their 2026 inflation forecast to 5.04%, up from the previous estimate of 4.92%.

According to a survey by Brazil's central bank, economists forecast the SELIC rate will remain at 13.25% by the end of 2026, unchanged from their previous estimate.

According to a Central Bank survey, Brazilian economists expect the real to trade at 5.17 per U.S. dollar by the end of 2026, down from their previous forecast of 5.20, signaling a slightly more optimistic outlook for the

According to CME FedWatch data, futures markets are bracing for a 25-basis-point rate rise by December. For all the praise Warsh has received for his views on financial innovation and CBDCs, experts have cautioned that digital assets might still face

According to BlockBeats on May 25, BlackRock's Asia-Pacific head of global fixed income Navin Saigal said the Fed may have sufficient reason to support a rate cut rather than a hike under new Fed Chair Waller. Saigal stated, "If I had to choose between a rate hike and a rate cut, I think there are a

The transfer of power at the Federal Reserve has never been as theatrically charged as it has been in May 2026. When Kevin Wachs was confirmed by a narrow margin of 54 votes in favor and 45 against in the Senate, and then officially took the oath of office as the 17th chair of the Federal Reserve on May 22, the market’s pricing logic for rate cuts had already been completely rewritten. Wachs is not a traditional “outsider” to the Federal Reserve. He served as a Federal Reserve governor from 2006

German two-year government bond yields fell 9.7 basis points intraday on May 25, declining to 2.543%.