DXY & Forex

Rising hopes for a US-Iran ceasefire have spurred a global market rally, with stock indices hitting record highs and risk sentiment improving. As tensions ease, oil prices stabilize, the dollar weakens, and investor focus shifts to corporate earnings and growth amid declining inflation concerns.

Franklin Templeton's Sonar Desai asserts that the U.S. dollar will retain its status as the preferred global currency due to the size of the U.S. economy, market depth, and institutional credibility. He argues that no credible alternatives exist and that the dollar's current weakness is cyclical, not structural.

Singapore's business and government leaders have responded to U.S. trade investigations, warning that tariffs could disrupt interconnected supply chains. They emphasize fair trade, highlight significant trade surpluses with the U.S., and refute forced labor claims, showcasing compliance with import regulations.

The Australian dollar has reached a 30-year high against the Japanese yen, propelled by optimism over a US-Iran ceasefire and a global equity rally. The RBA's hawkish policy and positive links to equity markets enhance AUD's appeal, though risks remain due to potential volatility.

Trump threatens to fire Fed Chair Powell if he stays past May 2026, amid an ongoing Justice Department investigation into the Fed's renovations. Powell insists he will not resign before the investigation concludes, regardless of Trump's criticisms.

U.S. Treasury Secretary Bessent indicated that the Federal Reserve may lower interest rates further, emphasizing that rising oil prices have not impacted inflation expectations, as they remain detached from broader economic price pressures.

Nigeria's inflation rate fell to 20.12% in August 2025 from 21.88% in July, driven by a slowdown in food prices and central bank policies. Despite this drop, inflation remains high, requiring reforms in agriculture and infrastructure for sustained improvement.

Kevin Warsh, nominated by Trump for Federal Reserve chair, is the wealthiest candidate in recent history, with a net worth up to $209 million. His diverse investments include Silicon Valley, fintech, and AI. Despite potential conflicts, he has a modern view on digital assets.

《華爾街日報》報導指出，香港已成為伊朗資金流動的關鍵樞紐，透過空殼公司每年處理高達48億美元的石油收益，並協助採購軍事科技。雖美國制裁不斷，香港依然成為伊朗影子銀行的重要據點，並透過小型銀行及海上轉運，避免美國金融體系監管。香港政府拒絕配合單邊制裁，助長了地下資金流通。美國因此改變策略，試圖提高設立空殼公司的難度以阻止資金供應。

Shin Hyun-song, nominee for Bank of Korea governor, acknowledged the coexistence of CBDCs and stablecoins at a confirmation hearing. He proposed a three-pronged approach for the won's internationalization and pledged to divest foreign assets to prevent conflicts of interest.

耶倫在香港表示聯準會可能在今年晚些時候降息，儘管伊朗戰爭對通膨造成上行壓力。她強調這一情況取決於通膨走向，並警告川普對聯準會的政治施壓是前所未有的威脅，影響央行獨立性。

On April 15, Hong Kong dollar interbank offered rates (HIBOR) fell for most tenors, with the one-month and three-month rates declining, while longer-term rates saw slight increases.

Former Treasury Secretary Janet Yellen believes the Federal Reserve may cut interest rates this year, despite uncertainty from the Iran war and oil price volatility. She sees a broad supply shock impacting various sectors but suggests stable inflation expectations make rate hikes unlikely.

美國聯準會會議紀要顯示，聯邦基金利率仍維持在3.5%至3.75%不變，強調勞動市場穩定、AI投資影響有限及通膨壓力尚存等因素。全票一致性反映出貨幣政策穩定，對進一步降息持謹慎態度，需觀察通膨數據才能決定未來走向。

Hong Kong's Financial Secretary Paul Chan reported strong economic performance driven by exports, services, and goods trade, alongside steady consumption and rising private investment. He emphasized the city's robust stock market and the need for financial stability to enhance competitiveness.

億萬富翁蒂姆·德雷珀預測比特幣在18個月內將漲至25萬美元，主要因通膨壓力和美元貶值。他的預測雖具吸引力，但過去六年未達成，且個人持倉影響評估。需考量市場狀況及監管政策對價格的影響。

Gate News: According to the latest Gate TradFi data, USDINR (US Dollar vs Indian Rupee) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On April 14, the U.S. Dollar Index (DXY) fell by 0.25% to 98.124 as the dollar weakened against several major currencies, including the euro, British pound, yen, Swiss franc, Canadian dollar, and Swedish krona.

Gate News: According to the latest Gate TradFi data, USDINR (US Dollar vs Indian Rupee) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

US Treasury Secretary Scott Bessent expressed confidence in declining core inflation despite the Iran war, urging the Federal Reserve to cut rates. Rising consumer prices due to the conflict have impacted President Trump's approval ratings. Trump's Fed chair nominee, Kevin Warsh, faces nomination delays but may soon proceed.