DXY & Forex

The US Treasury has shifted its debt funding strategy toward short-term bills rather than long-term bonds, issuing $413 billion in net new short-term debt through July — 15% more than the entire amount issued in 2025. The change comes as 30-year Treasury yields reached 5.23%, the highest level

For the week ending July 31, U.S. mortgage purchase applications fell 3.6% and refinance applications declined 1.9%, as rising interest rates weighed on demand. The 30-year mortgage rate increased 5 basis points to 6.81%, hitting its highest level in over a year. The surge in mortgage rates

According to Bloomberg analysis, the U.S. Treasury has significantly increased short-term debt issuance, with net new bill offerings reaching $413 billion through July—15% higher than the entire 2025. The shift reflects rising long-term borrowing costs, as 30-year Treasury yields reached 5.23%, the

Gold and silver markets attracted approximately $600 billion in capital inflows within a 4-hour period, with gold rising 1.8% ($511 billion) and silver gaining 2.5% ($86 billion). The movement followed reports that the United States, Iran, and Oman neared an agreement to reopen the Strait of

US factory activity reached its highest level in over four years with new orders expanding for seven consecutive months, according to statements highlighting manufacturing momentum. Goods exports surpassed $200 billion for five consecutive months with annual projections reaching approximately $2.5 t

Italy's June trade surplus came in at €4.232 billion, down from €4.793 billion in the previous month.

Italy's trade surplus with the European Union reached 1.577 billion euros in June, up from 845 million euros in May, according to official trade data.

US Treasury Secretary Bessent attributed Japan's rising inflation to yen weakness and elevated energy prices driven by the Iran situation. The Bank of Japan forecasts inflation reaching 2.5% this year while maintaining its policy rate at 1.00%, a decision supported by an 8-1 vote at the July

Predictions of an imminent dollar collapse have repeatedly failed to materialize despite years of warnings. The persistence of dollar strength coexists with dollar strain and record stock market valuations as separate but interconnected phenomena. Global capital continues flowing into US assets,

USD/JPY has decoupled from its traditional correlation with US-Japan 10-year yield spreads since April 2025. The yen continues weakening despite the yield differential narrowing by 1.0 percentage point to approximately 2.0 percentage points, near its lowest level since 2021. Analysts attribute the d

According to the latest statement from the Reserve Bank of Australia (RBA), the country's labor market remains tight and is likely to remain stable in the near term before experiencing gradual softening

The Reserve Bank of Australia forecasted today that the official cash rate will be at 4.4% in Q4 2026, 4.5% in Q4 2027, and 4.4% in Q4 2028.

According to the Reserve Bank of Australia, the Australian economy is projected to rebalance in 2027, somewhat earlier than previously anticipated.

The Reserve Bank of Australia (RBA) forecasts trimmed mean inflation at 3.3% for the fourth quarter of 2026, declining to 2.6% for Q4 2027 and 2.4% for Q4 2028, according to its latest monetary policy update.

According to Mitsubishi UFJ, USD/JPY rebounded above 159 this week after joint Japan-US intervention, suggesting the effects of the coordination may not be durable. Market participants' appetite for yen buying remains likely subdued in the near term, with some traders potentially returning to

According to Nikkei Asia, listed Japanese companies posted a 70% profit surge for the April to June quarter, driven by a weak yen and increased AI spending. Despite a combined $100 billion intervention by the US and Japan, the yen remained weak, bolstering export competitiveness and lifting

Taiwan's overnight interbank rate opened unchanged at 0.805% overnight, holding steady from the prior session.

According to The Economist, the organization introduced the Big Mac index 40 years ago as a playful thought experiment. What began as a lighthearted exercise has since evolved into a widely-used informal measure of purchasing power parity across

On August 11, U.S. 30-year Treasury yields rose to 5.25%, reaching levels not seen since the eve of the 2007 financial crisis. Simultaneously, the nation's total national debt officially surpassed $40 trillion for the first time in history, with the debt expanding from $39 trillion to $40 trillion i

According to Financial Times, Hong Kong is considering including trading firms in its upcoming tax reforms. The reported measure aims to broaden the scope of entities subject to tax policy updates, though specific implementation details and timeline were not