DXY & Forex

According to Taiwan's Central News Agency (CNA), the US dollar-Taiwan dollar exchange rate hit 32.464 on July 17, the strongest level since April 25, 2025. On July 20 morning, the rate briefly surpassed the 32.40 level, reaching 32.390 by 1:41 PM local time. The surge followed massive foreign

According to Yonhapinfomax, on July 20, the USD/KRW exchange rate stood at 1,479.10 won at 1:50 PM KT, up 0.60 won from the previous trading day's close of 1,478.50 won. The pair earlier reached 1,490 won in the morning before retreating as global dollar weakness offset demand from ongoing

According to Jin10 Futures, on July 20 at 14:30, the CFETS-NEX China FX sentiment index fell 2 points to 50. Large banks, small and mid-sized banks, and non-bank institutions reported sentiment indices of 49, 51, and 49 respectively, each down 2 points.

According to Jin10, seven foreign exchange options contracts, each with notional values exceeding $1 billion, are set to expire on July 20 at 10 p.m. Beijing time. The expiring contracts involve the euro, Swiss franc, Australian dollar, New Zealand dollar, and Japanese

According to Commerzbank rate strategist Rainer Guntermann, rising oil prices are expected to lock in a European Central Bank rate hike in September, with markets already fully pricing in this expectation. ECB President Christine Lagarde may adopt a hawkish tone on inflation risks. However, as

Gate News: According to the latest Gate TradFi data, USDTHB (United States Dollar vs Thai Baht) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to Royal Bank of Canada, Japan's government is encouraging investors to rotate toward yen assets, with GPIF currently maintaining 26.9% allocation to domestic bonds against a maximum 31% allowed under existing targets. Senior officials including the Prime Minister and Finance Minister

Yuto Kanzaki, a financial commentator who claims to be an anonymous Bank of Japan insider, posted on Saturday that Japan will unwind the yen carry trade, stating 'Japan's wealth is returning to its homeland. By any means necessary. The Bank of Japan has so decided.' The claims, made on social

According to Guru Club, the Reserve Bank of India sold US dollars in both offshore and onshore markets today (July 20).

According to financial commentator Yuto Kanzaki, on Saturday a Bank of Japan insider claimed the central bank has decided to unwind the yen carry trade, a mechanism that allows investors to borrow cheap Japanese capital and deploy it in higher-yielding foreign markets. Kanzaki posted: "Japan's

On July 20, China's Loan Prime Rate (LPR) held unchanged for the 14th consecutive month, with the 1-year rate remaining at 3% and the 5-year-plus rate at 3.5%. The decision came as mainland Chinese equity markets rallied on July 20, with the Shanghai Composite Index and ChiNext Index both rising

According to Yonhap Infomax, South Korea's government bond yields surged on July 20 morning. The 3-year benchmark yield rose 5.6 basis points to 3.908%, the 10-year yield climbed 4.0bp to 4.340%, and the 30-year yield increased 4.6bp to 4.522%. The gains were driven by escalating U.S.-Iran

On July 20, the USD-KRW exchange rate traded at 1,482.60 won in Seoul morning session, according to Yonhapinfomax, down from an intraday high of 1,490.60 won reached at 9:02 a.m. The currency pair was up 4.10 won from the prior close of 1,478.50 won. The retreat was driven by risk-off sentiment

The Bank of Korea's Monetary Policy Committee raised the base rate to 2.75% on the 16th and indicated the current level falls within the neutral rate range, sparking debate over the terminal rate target. The policy statement declared a need to 'continue the rate hike stance,' a phrase previously

OCBC released a second-half global economic outlook report on local time July 19, identifying persistent geopolitical risks as a major market misjudgment in the first half of the year. The US-Iran military conflict escalated beyond initial market expectations of a short-term event, with the

According to Meritz Securities on July 20, Bank of Korea Governor Shin Hyun-song did not rule out an August rate increase, though a second consecutive hike appears unlikely if July inflation slows as expected. The analyst noted that July consumer prices are projected to decline month-over-month

According to Jin10, on Monday July 20, offshore CNH HIBOR rates mostly declined. The one-year HIBOR fell to 1.71485%, the lowest level since June 23. Overnight HIBOR rose 1 basis point to 1.43939%, one-week HIBOR held steady at 1.45000%, and two-week HIBOR dropped to 1.46485%.

According to Jin10, hedge funds' net short positions on the New Zealand dollar surged to 29,582 contracts by July 14, up 1,907 from the prior week, marking a record high since 2006. The Commodity Futures Trading Commission (CFTC) data shows traders are betting against the NZD amid concerns over the

According to the Bank of Korea's lending attitude survey released on July 20, domestic banks' composite lending attitude index fell to -7 in the third quarter, tightening from -2 in Q2. Household lending saw the most significant tightening, with mortgage lending at -11 and general household lending

According to SHIBOR data on July 20, overnight SHIBOR reported 1.4120%, up 1.49 basis points. The 7-day rate declined to 1.4310%, falling 0.40 basis points, while the 3-month SHIBOR held flat at 1.4300%.