DXY & Forex

US 30-year fixed mortgage rates reached 6.69% for the weekly period ending July 31, 2025, according to Freddie Mac data, marking the highest level since the July 31, 2025 weekly period. The rate rose 0.03 percentage points from the previous week's 6.66%, driven by sustained market expectations of

According to Freddie Mac, the average interest rate on U.S. 30-year fixed-rate mortgages reached 6.69% this week, up 3 basis points from the prior week and marking the highest level since July 2025. The mortgage rate typically tracks the 10-year Treasury yield

According to Webull, South Korea recorded a record current account surplus of approximately 70 trillion won in June. Goods exports reached $112.37 billion with a trade surplus of $47.89 billion, while primary income balance showed a $3.27 billion surplus driven by increased dividend income from

Bloomberg reported that President Trump has held periodic phone calls with Federal Reserve Chair Scott Waller since May, according to sources. The discussions centered on economic conditions and Waller's economic outlook, with the White House asserting that Waller maintains his independence. The

According to Financial Times reporting on comments from unnamed sources, Federal Reserve Governor Kevin Warsh indicated he would be prepared to support a rate hike at the September meeting if forthcoming inflation data comes in stronger than expected and markets reprice higher future borrowing

Invesco assessed that the Federal Reserve is not behind the curve in monetary policy, estimating the neutral interest rate range at 3.5% to 4.0% while the current policy range stands at 3.50% to 3.75%. The investment firm's analysis is based on the view that current rates remain restrictive or at ne

U.S. prediction markets shifted on August 11 to 55% odds favoring the Federal Reserve holding interest rates steady in September, signaling investor sentiment has turned less hawkish on near-term rate hikes.

According to IMF, on August 6, gold acquired through domestic purchases can be classified as monetary gold and included in reserve assets if it meets purity standards of 99.5% or higher and other reserve asset criteria, the International Monetary Fund stated to Seoul Economic Daily. South Korea's c

Carry trade investors absorbed recent coordinated yen intervention by Japan and the United States without triggering the emerging market disruptions seen in August 2024. The Bloomberg Emerging Market FX Carry Risk Premia Index fell approximately 1% following Japan's direct market intervention,

According to the Morning Briefing, on August 6, U.S. stocks delivered mixed results, with the Dow rising 0.49%, Nasdaq falling 0.83%, and semiconductor index SOX declining 1.40%. The 10-year Treasury yield held at 4.6150%, the dollar traded at 99.72, VIX stood at 15.48, and high-yield spreads

According to Bloomberg, on August 5, emerging market carry trade exposure fell only 1% following US-Japan intervention to support the yen, compared to a 4% decline during the August 2024 crisis. Investors are mitigating risk by diversifying funding sources, borrowing euros and Swiss francs instead o

Spot gold prices rose 3% to $4,196.29 per ounce today (Aug 11) amid broader dollar weakness, with the U.S. Dollar Index (DXY) trading below the 100 level. Concurrently, the S&P 500 extended its rally to five consecutive trading days, reaching an all-time high. The simultaneous rise in both

The U.S. Treasury maintained its existing language on coupon bond issuance guidance in its Quarterly Refunding Announcement (QRA), keeping the phrase 'at least for the next several quarters' unchanged. Markets interpreted this decision as signaling no increase in coupon bond issuance until after

The onshore Chinese yuan (CNY) closed at 6.7457 against the U.S. dollar on August 11 at 4:30 PM, down 15 pips compared to the previous trading day.

France's 30-year government bond yield recently climbed to 4.8004%, marking its highest level since October 2008. The yield rose 3 basis points in the latest session.

Wall Street institutions remain divided on the Federal Reserve's September interest rate decision, with CME FedWatch data showing a near-even split between holding rates steady at 49% and implementing a 25 basis point hike at 47%. The uncertainty stems from conflicting assessments of labor market st

The Iranian Foreign Ministry spokesperson referenced the geographic characteristics of a shipping route through the Hormuz Strait agreed upon between Iran and Oman. The statement follows earlier proposals to separate vessel traffic, with entry routes on the Iranian side and exit routes on the

According to Federal Reserve Governor Lisa Cook, she voted to hold rates steady last week based on expectations that tariffs, the war, and AI buildout could reduce price pressures. However, Cook signaled a low bar for potential rate hikes, stating: "If I do not see signs of continued disinflation

India is reviewing a 42 billion USD funding plan to expand its strategic petroleum reserves through a levy system on gas consumers. The proposal under consideration would collect approximately 1.5 billion USD annually from LPG and LNG levies. The expansion responds to supply vulnerabilities

Federal Reserve Vice Chair Kashkari softened his policy stance following the August FOMC meeting, stating the central bank is not demanding rapid rate hikes, in contrast to his earlier call for gradual increases. He emphasized the goal is to lower inflation to 2%, not to slow the economy. At the mee