DXY & Forex

According to Jin10, the U.S. Federal Reserve will announce its July interest rate decision on Thursday at 2:00 AM, with Fed Chair Jerome Powell holding a press conference at 2:30 AM. Meanwhile, Australia's latest inflation data came in below expectations, easing pressure for rate hikes from the Res

According to E Daily, the Korean won fell to 1,442.6 against the U.S. dollar on July 29, marking its lowest level in five months. The currency dropped approximately 20 won from the previous day's close, with intraday low reaching 1,442.6 won—the weakest since May 7. Bank of Korea Governor Shin

According to Standard Chartered, the bank's Chief Strategist Steve Englander stated on July 29 that the Federal Reserve has no urgent need to raise rates at its Wednesday meeting. The Fed will have more economic data—including labor force, CPI, and retail sales figures—to inform its September

According to Generali Investments, on July 29, the market expects the Federal Reserve to hold the federal funds rate unchanged, but investors will place greater emphasis on Fed signals regarding potential rate moves in September rather than the immediate rate decision itself. Senior economist

According to Yonhapinfomax, Bank of Korea Governor Shin Hyun-song said on July 29 that maintaining an interest rate hiking stance to contain core inflation increases is reasonable. He indicated that the timing

According to CoinDesk, Citadel, which manages $67 billion in assets, expects the Federal Reserve to raise rates by 25 basis points on Wednesday, while most crypto and traditional market analysts anticipate rates will remain unchanged. CME FedWatch data shows a 35.8% probability of a hike, up

Korean treasury bond yields declined during the morning session as the stock market experienced sharp corrections, triggering risk-off sentiment among investors. The 3-year benchmark yield fell 0.8 basis points to 3.822%, while the 10-year yield dropped 1.2 basis points to 4.280% as of 11:11 AM.

Bank of Korea Governor Shin Hyun-song emphasized on July 29 at the National Assembly that the central bank needs to continue its rate hike stance after raising the base rate to 2.75% in July. The timing and pace of additional rate increases will be determined by monitoring inflation pressure,

Australia's consumer price index rose 3.8% year-over-year in June, the Australian Bureau of Statistics (ABS) announced on the 29th, falling short of the market forecast of 4.0%. The below-expectation inflation reading weakened expectations for a Reserve Bank of Australia (RBA) rate hike,

According to Gibbs Brand, the U.S. Dollar Index (DXY) is currently trading at 101.32, down 0.09% intraday.

According to Yonhap Infomax, on July 29, Lee Geon-won, chairman of South Korea's Financial Services Commission, reiterated his position on limiting excessive real estate financing during a parliamentary hearing. Lee stated that while the government supports actual homebuyers, financial resources

EUR/USD rose to 1.14 today, up 0.13% in intraday trading.

On July 29, Woori Investment Securities raised deposit rates for individual customers by 0.05 to 0.30 percentage points in response to the base rate increase. The firm's commercial paper-based fixed deposits maturing in 1 year or 270–364 days now offer 3.80% annually on a pre-tax basis for individua

According to BNP Paribas Markets 360, on July 29, the bank expects the Federal Reserve to maintain interest rates at their current level, though a surprise rate hike cannot be entirely ruled out. The base case scenario is a single rate hike in December; however, the bank noted there is significant r

According to GPIF, the Japan Government Pension Investment Fund appointed three companies in May to manage Japanese government bonds, marking its first active management hirings in five years. The appointments were confirmed by the fund's

According to Jin10, offshore yuan Hong Kong Interbank Offered Rate (CNH HIBOR) showed broad increases on Wednesday, July 29. Overnight HIBOR rose 12 basis points to 1.37788%, marking its highest level since July 23. One-week HIBOR held steady at 1.40000%, two-week HIBOR rose to 1.43606%, and

According to Korean financial sources, yen exchange volume at the country's five major banks hit a 19-month high this month, with 31.5 billion yen exchanged between July 1–27 as the won-yen exchange rate fell to the 800 won-per-unit level. The surge reflects increased demand from both summer

On Tuesday (July 28), analyst Meredith Whitney, known for accurately predicting the 2007 financial crisis, warned that the U.S. economy will face a 'reckoning' in the fourth quarter as stimulus effects fade. High-frequency indicators have deteriorated, with credit card balance growth slowing

According to Allianz Investment, economist Paul Zanghieri recently expects the FOMC to maintain and potentially strengthen its hawkish stance amid persistent inflation and rising oil prices, with internal disagreements potentially opening the door to further tightening measures later this