DXY & Forex

According to Odaily, Nick Timiraos (the Wall Street Journal's Federal Reserve reporter) wrote on July 23 that the Federal Reserve's July policy meeting will be the most difficult to predict in recent years. Rising oil prices, escalating U.S. tariff policy risks, and some officials' shift toward

According to Jin10, Morgan Stanley expects the European Central Bank to raise rates in September following the central bank's rate hold on Thursday. The ECB reiterated it remains well-positioned to address energy price shocks. Morgan Stanley analysts indicated that if energy prices remain

Spot gold and silver posted gains in late-afternoon U.S. trading Wednesday, with gold trading near $4,136.60 an ounce, up 1.47%, and silver near $59.72, up 1.80%. Technical buying and defensive demand lifted metals despite higher crude oil prices, firmer Treasury yields, and a choppy U.S. equity

According to Jin10, Ed Hutchings, head of developed market rates at Aviva Investors London, on July 23 signaled that market expectations for further European Central Bank rate hikes may have gone too far. While Hutchings noted that the ECB's current priority of addressing inflation makes continued r

ECB President Christine Lagarde is set to hold a monetary policy press conference later today (July 23).

According to Jin10, Zhejiang's local rate-setting mechanism issued a notice on July 22 instructing city commercial banks and rural commercial banks to cut deposit rate ceilings by 5 basis points across two-year, three-year, and five-year tenors. The adjustment took effect on July 22. Dong Xmiao,

Canada's retail sales grew 1% month-on-month in May, matching expectations and improving from the prior month's 0.5% gain.

The European Central Bank's marginal lending rate remained unchanged at 2.65% on July 23, matching both market expectations and the prior rate.

The European Central Bank maintained its deposit facility rate at 2.25% on July 23, in line with expectations. The rate remained unchanged from the previous level.

The European Central Bank's main refinancing rate remained at 2.4% on July 23, in line with both market expectations and the previous rate of 2.4%.

According to Guru Club, USD/JPY hit 163.64 on July 23, marking a 40-year high. The pair was up 0.3% at the latest reading.

According to Guru Club, GBP/USD fell 0.3% to 1.3340 on July 23, marking its lowest level since July 8.

According to Jin10 Futures, in recent trading, the U.S. dollar, gold, and crude oil have risen simultaneously, defying traditional economic correlations where dollar strength typically pressures commodity

According to UBS investment banking economists on July 23, UK inflation is expected to accelerate after slowing in June, potentially peaking at 3.3% in November. The economists project that utility bills will rise in July, pushing year-over-year headline inflation from June's 2.6% to

According to UBS investment banking economists, the probability of Bank of England rate hikes in coming months has declined, as sluggish economic growth and a weak labor market reduce the necessity for further tightening, according to Jin10 on July 23. However, the economists noted that rising oil p

According to Jin10, the U.S. 10-year Treasury yield rose to 4.689% today (July 23), marking the highest level since January 2025.

According to Jin10, Zhu Hetao, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, attended the 31st Governors Meeting of the Executive Meeting of East Asia-Pacific Central Banks (EMEAP) on July 23. Central bank governors exchanged views on

According to Jin10, Turkey's central bank held its benchmark interest rate unchanged on July 23, marking the fourth consecutive decision to maintain policy unchanged. The decision came amid escalating Middle East tensions that have pushed Brent crude oil above $98 per barrel, fueling inflation

Turkey's one-week repo rate stands at 37% as of July 23, matching the prior week's level and aligning with market expectations.

Germany's 10-year bond yield surged to 3.21% on July 24, marking the highest level since 2011, as rising oil prices and inflation expectations drove market bets on European Central Bank rate hikes. The yield rose 3 basis points during the day. Traders currently expect the ECB to deliver