Asian Markets Wobble as Wall Street Slips and Commodities Pause Rally

https://web.brid.gy/r/https://dailytimes.com.pk/1381761/asian-markets-wobble-as-wall-street-slips-and-commodities-pause-rally/

The US dollar index (DXY) hovered around 98.9 on Thursday, holding near a 2-month high after gaining 0.9% over the previous three sessions, supported largely by weakness in other major currencies.

https://dmarketforces.com/us-dollar-index-hovers-at-2-month-high-in-fresh-rally/

#USDollar

The People's Bank of China set the yuan's reference rate 0.06% lower at 7.1102 per dollar, signaling continued depreciation pressure amid global market volatility.
#YonhapInfomax #Yuan #People'sBankOfChina #ExchangeRate #Depreciation #USDollar #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84870

Despite concerns over U.S. tariffs and global trade disruptions, the dollar remains dominant in global finance, with the Chinese yuan gaining ground but still far from challenging its supremacy. https://www.japantimes.co.jp/commentary/2025/10/08/the-us-dollar-is-not-dead/?utm_medium=Social&utm_source=mastodon #commentary #usdollar #forex #currencies #useconomy #globaleconomy

The US dollar extended its gains for a third day, buoyed by weakness in the euro and yen, as investors sought safety amid global uncertainty and the ongoing US government shutdown.
#YonhapInfomax #USDollar #DollarIndex #Euro #Yen #SafeHavenAsset #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84827

Chủ tịch Ngân hàng Trung ương châu Âu (ECB) cho rằng EU đang có một "cơ hội độc nhất" để thay thế sự thống trị của đồng đô la Mỹ (USD). Lời kêu gọi này nhấn mạnh tham vọng của khối trong việc nâng cao vai trò của đồng euro trên trường quốc tế và tăng cường quyền tự chủ chiến lược về kinh tế.

#KinhTế #ChâuÂu #Euro #ĐôLaMỹ #TàiChính #ECB
#Economy #EU #Euro #USDollar #Finance #Geopolitics

https://www.euractiv.com/news/eu-must-seize-unique-opportunity-to-supplant-us-dollar-dominance-says-ecb-presi

The British pound slides versus the U.S. dollar amidst the American government shutdown. GBP/USD declined after failing to clear 1.3464, and the US dollar registered gains amid the ongoing US government shutdown.

https://dmarketforces.com/british-pound-as-dollar-rebounds-amidst-u-s-govt-shutdown/

#Britishpound #USDollar

Tick tock

> The #BRICS plan to replace the #USdollar leverages the bloc’s control of 72% of #rareEarth metal reserves, which is significant. Rather than launching a traditional #fiat #currency from scratch, the #BRICSnewcurrency approach builds on resource dominance and a #goldstandard that’s backed by real assets. With 68% of trade already bypassing the #dollar and the #petroDollars experiencing its worst decline since 1973

https://watcher.guru/news/brics-just-unveiled-the-plan-to-replace-us-dollar-worldwide

#bitcoin #dedollarization #finance #money

The US dollar surged past key levels as political instability in France pressured the euro and Japan’s likely new prime minister signaled aggressive fiscal policy, sending the dollar-yen rate above 150.
#YonhapInfomax #USDollar #Euro #JapanPrimeMinister #FiscalPolicy #DollarYenRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84730

No red warning lights flashing at all.
None.
Because they're all been unscrewed for being annoying months ago.

https://edition.cnn.com/2025/10/03/business/trump-coin-treasurer-250-anniversary

#USpolitics #Trump #TrumpCoin #USD #USdollar

Gold futures fell nearly 1% in New York as a stronger US dollar and hawkish Federal Reserve comments weighed on prices, with the Dollar Index hitting 98.131.
#YonhapInfomax #GoldPrices #FederalReserve #USDollar #Futures #InflationConcerns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84625

The US dollar’s share of global central bank foreign exchange reserves fell to 56.32% in Q2 2025, the lowest in 30 years, as a sharp dollar decline boosted the value of non-dollar assets, according to IMF data.
#YonhapInfomax #USDollar #IMF #ForeignExchangeReserves #Euro #DollarIndex #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84434

South Korea's daily FX market turnover reached $85.7 billion in April 2025, accounting for 0.7% of global volume and ranking 14th worldwide, as global FX trading surged 28.5% over three years, driven by a sharp rise in spot transactions and continued dominance of the US dollar.
#YonhapInfomax #ForeignExchange #BankOfKorea #TradingVolume #USDollar #SpotTransactions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84337

China’s state-owned banks are increasingly intervening in the FX market by buying US dollars instead of the central bank, with funds now flowing into equities and other dollar assets rather than US Treasuries, according to former Goldman Sachs FX chief Robin Brooks.
#YonhapInfomax
#China #StateOwnedBanks #ForeignExchangeReserves #CurrentAccountSurplus #USDollar
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84332

Gold futures surged 1.3% to a record high on COMEX as US government shutdown fears and a weaker dollar fueled safe-haven demand, with the dollar index dropping to the high 97 range.
#YonhapInfomax #GoldPrices #COMEX #USDollar #GovernmentShutdown #SafeHavenDemand #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83975

The US dollar starts the new week on the softer side after solid gains last week as the greenback defends positions against its major trading partners across currency markets.

https://dmarketforces.com/dollar-switches-to-defend-position-amidst-u-s-shutdown-risks/

#USDollar

South Korea's won closed at a four-month high of 1,412.40 per dollar as the KOSPI tumbled and the US dollar remained strong, signaling increased market volatility.
#YonhapInfomax #DollarWon #KOSPI #ExchangeRate #USDollar #MarketVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83687

Citibank forecasts the stablecoin market could surge to $4 trillion by 2030, likening its rapid growth to a ‘ChatGPT moment’ for blockchain, with dollar-based stablecoins set to dominate global digital transactions.
#YonhapInfomax #Stablecoin #Citibank #Blockchain #USDollar #$4Trillion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83676

South Korea’s resident foreign currency deposits soared to $107.64 billion at end-August, the highest in 2 years and 7 months, driven by increased dollar and corporate deposits.
#YonhapInfomax #ForeignCurrencyDeposits #BankOfKorea #USDollar #CorporateDeposits #August2025Highs #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83637