DXY & Forex

According to CME Fed Watch data, the Federal Reserve has a 69.0% probability of holding rates steady in July and a 31.0% probability of raising rates by 25 basis points. For September, the probability of unchanged rates stands at 31.1%, with a 51.9% chance of a 25 basis point increase and a 17.0% pr

The U.S. Dollar Index (DXY) declined 0.1% to 100.99 on Wednesday (July 8), as dovish Federal Reserve minutes offset safe-haven flows from U.S.-Iran tensions. According to the Fed's June meeting minutes released Wednesday, policymakers expressed deep uncertainty about the path of interest rates,

Federal Reserve Chair Jerome Powell will testify before the U.S. Senate Banking Committee on July 15.

The Korean won strengthened below 1500 per dollar for the first time in 37 trading days, closing at 1498.5 won, while foreign investors turned net buyers in the KOSPI market for the first time in 14 trading days with a 3390억원 net purchase. The won's appreciation was driven by dollar weakness and

According to Financial News, South Korea's KOSPI index dropped 5.35% to close at 7246.79 on July 8, with circuit breakers triggered for a second consecutive day. The Korean won strengthened to 1498.5 per U.S. dollar, marking the first time the exchange rate fell below 1500 won in 37 trading days

On Wednesday (July 8), offshore Chinese yuan (CNH) closed at 6.8063 against the U.S. dollar in New York trading, down 28 pips from the previous close. During the session, CNH traded within a range of 6.7983

According to ICE, the dollar index fell 0.07% to 100.956 on Wednesday, July 8, after briefly rallying to a one-week high of 101.275 at 23:42 Beijing time. The intraday trading range was 101.275–100.950. The Bloomberg dollar index declined 0.06% to 1220.12 for the day. Meanwhile, the dollar

The US Treasury conducted a $39 billion reopening auction of 10-year notes on May 8 (local time), with the yield settling at 4.580% amid solid demand from global investors. This marked the highest 10-year yield at auction since February last year, rising 4.2 basis points from the previous month's 4.

According to Jin10, Federal Reserve communications officer Nick Timiraos said on July 9 that even the most hawkish Fed officials did not actively push for action in June. According to meeting minutes, some participants believed a rate increase was warranted at the June meeting but supported

On Wednesday, July 8, U.S. 10-year Treasury yields rose 1 basis point to 4.5611%, with intraday trading ranging from a low of 4.5371% to a high of 4.5952%. Two-year Treasury yields increased 1.46 basis points to 4.1994%, and the 2/10-year yield spread narrowed 0.248 basis points to 35.963 basis poin

According to Jin10, the U.S. Dollar Index fell 0.03% on July 9, closing at 100.990 as measured against six major currencies. At the close of New York FX trading, the euro strengthened to 1.1426 U.S. dollars from 1.1419 the previous session, and the British pound rose to 1.3400 from 1.3363. The

On July 8 at 3:00 AM Beijing time, the onshore Chinese yuan fell 110 points against the U.S. dollar, closing at 6.8052 CNY per USD. Trading volume reached 48.695 billion USD.

According to the Wall Street Journal, Iraq has agreed to a U.S. request to stop providing dollar funding flows to Iran-backed militia groups. The move marks a shift in Iraq's financial support mechanisms for the armed

According to Jin10, the Federal Reserve's June meeting minutes, released July 9, show all officials voted to maintain interest rates unchanged despite growing inflation concerns. Some officials argued for immediate rate increases, but the broader discussion revealed divided views: most officials

According to Federal Reserve meeting minutes released recently, most participants expressed the desire to remove the 'accommodative bias' language from the policy statement, reflecting potential shifts in the central bank's forward

According to Jin10, the Federal Reserve's June meeting minutes highlighted multiple concerns, including whether the central bank maintains a hawkish stance on interest rate path and views on forward guidance and the balance sheet. The minutes also addressed inflation, employment, and the impact

The Federal Reserve will release its monetary policy meeting minutes in 10 minutes. The minutes are expected to provide insight into the central bank's recent deliberations and economic outlook.