--- title: Syz The Moment | Forex description: Forex | Syz The Moment --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thoughts](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thoughts) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 2 Oct 2026 - - - #### U.S. Dollar Index $DXY jumps to highest level since April 2025 Source: Barchart [#Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) ![U.S. Dollar Index $DXY jumps to highest level since April 2025](https://blog.syzgroup.com/hubfs/1790888907354.jpg) ![U.S. Dollar Index $DXY jumps to highest level since April 2025](https://blog.syzgroup.com/hubfs/1790888907354.jpg) 24 Sep 2026 - - - #### DXY keeps squeezing higher, catching many off guard. The index is breaking above the top of its broad range, while the longer-term moving averages are starting to turn up. The breakout puts 101.50 in focus. Source: TME, LSEG [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) ![DXY keeps squeezing higher, catching many off guard.](https://blog.syzgroup.com/hubfs/1790226948029.jpg) ![DXY keeps squeezing higher, catching many off guard.](https://blog.syzgroup.com/hubfs/1790226948029.jpg) 18 Sep 2026 - - - #### The Turkish lira hit a new all time low against USD almost daily over past year, 219 out of 260 trading days. Source: Bull Theory [#Food for Thoughts|](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thoughts) [#Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) ![The Turkish lira hit a new all time low against USD almost daily over past year, 219 out of 260 trading days.](https://blog.syzgroup.com/hubfs/1789680035861.jpg) ![The Turkish lira hit a new all time low against USD almost daily over past year, 219 out of 260 trading days.](https://blog.syzgroup.com/hubfs/1789680035861.jpg) 11 Sep 2026 - - - #### Japan's currency defense just triggered the largest monthly drop in its FX reserves EVER: Japan's foreign currency reserves plunged -$94.6 billion, or -8.7%, in August, the largest monthly drop in history, to $995 billion, driven by the Ministry of Finance's intervention to support the Yen. Over the 4 months from May through August, spanning multiple rounds of intervention, reserves have fallen a combined -$174 billion, or -14.9%. Most of this decline came from securities holdings, mostly US Treasuries, which dropped -$87.8 billion in August alone, to $840 billion, while foreign currency deposits fell a smaller -$6.9 billion, to $155 billion. No wonder the US is getting more involved in Japan's currency policy. Source: Global Markets Investor [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) ![Japan's currency defense just triggered the largest monthly drop in its FX reserves EVER:](https://blog.syzgroup.com/hubfs/1789010425284.jpg) ![Japan's currency defense just triggered the largest monthly drop in its FX reserves EVER:](https://blog.syzgroup.com/hubfs/1789010425284.jpg) 9 Sep 2026 - - - #### There is a record $8.29 trillion in money market funds right now. Source: Koyfin [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) ![There is a record $8.29 trillion in money market funds right now.](https://blog.syzgroup.com/hubfs/1788897507131.jpg) ![There is a record $8.29 trillion in money market funds right now.](https://blog.syzgroup.com/hubfs/1788897507131.jpg) 9 Sep 2026 - - - #### Short positions on the Japanese Yen remain near the largest in history Source: Bloomberg, Barchart [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) ![Short positions on the Japanese Yen remain near the largest in history](https://blog.syzgroup.com/hubfs/1788935020396.jpg) ![Short positions on the Japanese Yen remain near the largest in history](https://blog.syzgroup.com/hubfs/1788935020396.jpg) 8 Sep 2026 - - - #### Chinese yuan officially surges to its STRONGEST level against the U.S. dollar, since early 2023. Nearly 10% in 20 months. More than +4% this year alone. Three forces are driving the surge despite efforts to slow it: - China’s massive trade surplus is driving demand for yuan - Exporters are converting dollar earnings into yuan, adding more pressure - A weaker U.S. dollar has amplified the move Beijing is already leaning against the rally. The PBOC has repeatedly set its fixing weaker than markets expect, while state banks have reportedly bought dollars to limit further gains. Source: coinbureau [#Forex|](https://blog.syzgroup.com/syz-the-moment/tag/forex) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![Chinese yuan officially surges to its STRONGEST level against the U.S. dollar, since early 2023.](https://blog.syzgroup.com/hubfs/1788811142031.jpg) ![Chinese yuan officially surges to its STRONGEST level against the U.S. dollar, since early 2023.](https://blog.syzgroup.com/hubfs/1788811142031.jpg) 8 Sep 2026 - - - #### Japanese Yen hits strongest level against the U.S. Dollar since February Source: Barchart [#Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) ![Japanese Yen hits strongest level against the U.S. Dollar since February](https://blog.syzgroup.com/hubfs/1788837985857.jpg) ![Japanese Yen hits strongest level against the U.S. Dollar since February](https://blog.syzgroup.com/hubfs/1788837985857.jpg) [1](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/4) [5](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/5) [❯](https://blog.syzgroup.com/syz-the-moment/tag/forex/page/2) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/25?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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