DXY & Forex

Fed Chair Kevin Warsh held interest rates steady during his first FOMC meeting on June 17, following his swearing-in on May 22, 2026. The decision came as US Treasury yields surged, with the 2-year hitting 4.17% and the 10-year climbing to 4.48% in early July 2026. Rising oil prices and elevated

Fed Chair Warsh held rates steady at his first FOMC meeting on June 17, 2026, following his May 22 appointment. U.S. Treasury yields surged in early July, with the 2-year climbing to 4.17% and the 10-year reaching 4.48%, as markets priced in persistent inflation and higher-for-longer rates. Warsh's

According to ING analyst Francesco Pesole, on July 27, the Bank of England is likely to maintain interest rates unchanged on Thursday, which could extend sterling's decline against the euro. Pesole stated that given the BoE is unlikely to raise rates this year, the pound faces near-term downside

According to Citi rates strategist John Davies, the U.S. 10-year Treasury yield may return to around 5%, a level last seen in October 2023. Davies noted current market conditions resemble the debt selloff period from July to October 2023, with concerns over Bank of Japan policy accommodation and

The Trump administration announced new tariffs of 10% to 12.5% on over 60 trading partners on the 26th (local time). The measures replace expiring temporary levies and cover more than 99% of US imports. University of Michigan Professor Justin Wolfers criticized the policy as a legal repackaging

According to Benzinga, the Trump administration announced on July 26 new tariffs ranging from 10% to 12.5% on approximately 60 trading partners, with over 80 countries covered when EU member states are counted individually. The new tariffs cover over 99% of U.S. imports. Countries deemed

According to the Financial Investment Association Bond Information Center, South Korea's 30-year and 50-year government bond yields reached historic highs as of July 24, intensifying uncertainty in the domestic bond market. The country's securities industry is facing a dual challenge: mounting

The onshore yuan-to-dollar rate closed at 6.7674 on July 27 at 16:30 Beijing time, rising 70 pips from the previous trading day's official close and 28 pips from the previous night's close.

According to Francesco Pesole, ING's foreign exchange strategist, as of July 27, the euro faces renewed downside risk despite oil price declines following the U.S.-Iran ceasefire. Pesole stated that the euro's rise above 1.14 appears "somewhat overly optimistic" given the lack of clear signs of de-e

According to Jin10, on July 27, AT&T launched a five-part debt offering comprising four euro-denominated bonds and one sterling-denominated bond. The euro bonds carry maturities of 4, 8, 12, and 19 years, while the pound bond has a 26-year maturity. The bonds are expected to be priced later today.

According to BlockBeats, this week (July 27–August 2) will bring dual tests of macroeconomic data and corporate earnings. The Federal Reserve will announce its latest interest rate decision on Thursday at 2 a.m. Beijing time, with Fed Chair Powell holding a press conference at 2:30 a.m. The Bank of

According to Jin10 Futures, the CFETS-NEX yuan funding sentiment index stood at 56 as of 16:00 on July 27, up 3 points from 14:30. By institution type, large banks, mid-sized banks, and non-bank institutions reported sentiment indices of 55, 58, and 55 respectively, each up 3 points. The index

ECB Governing Council member Peter Kazimir recently signaled that at least one more interest rate hike is needed, according to his latest policy statement.

The USD/INR one-year implied rate dropped 10 basis points to 2.82% during today's trading session. Traders attributed the decline to potential swap market operations by the Reserve Bank of India, though no official confirmation has been

In June, eurozone M3 money supply increased 3.3% year-over-year, matching expectations. The figure improved from 3.2% in the prior month.

IBK Industrial Bank reported a consolidated net profit of 689.5 billion won for Q2, down 0.7% from 694.4 billion won in the same period last year, the bank announced on July 27. The decline was attributed to expanded foreign exchange valuation losses due to sharp currency fluctuations and

According to Naka Matsuzawa, Chief Strategist at Nomura Securities, Japan's Prime Minister Sanae Takichi's approval rating has recently declined to its lowest level since taking office, which may prompt the government to adopt more expansionary fiscal and tax policies. Though the approval rating

FX swap points for short-term tenors are rising sharply on the 27th following large-scale dollar supply related to SK Hynix. The 1-month FX swap point rose to the 'par (0.00 won)' level and further increased in the afternoon to show 0.05 won, marking the first time the 1-month tenor has entered

According to Yonhapinfomax, South Korea's FX swap market surged today (July 27) as SK Hynix's substantial dollar inflow from its American Depositary Receipt listing triggered a rush to convert dollars into won. The one-month swap point contract rose to 0.05 won, marking the first time it entered pos

US 30-year Treasury yields remained above 5% for 15 consecutive trading days as of local time May 27, marking the longest such streak since 2007, according to Yonhap Infomax overseas interest rate data. CCB International Chief Economist Zhao Cliff and Global Strategist Zhang Bella stated that