DXY & Forex

Kevin Warsh, the new Federal Reserve Chair, testified to Congress last week and confirmed plans to reduce the Fed's forward guidance and communication transparency, marking a sharp departure from predecessor Jerome Powell's approach. Warsh stated that providing forecasts for upcoming meetings

Kevin Wash, the new Federal Reserve Chair, announced a significant shift in the Fed's communication strategy during Congressional testimony last week, stating the central bank will adopt a more cautious approach by reducing forward guidance and eliminating the dot plot. This marks a departure from t

According to Jin10, on July 20, the People's Bank of China left one-year and five-year loan prime rates (LPR) unchanged at 3% and 3.5% respectively, marking the 14th consecutive month of no change.

China's one-year loan prime rate (LPR) remained at 3% as of July 20, unchanged from the previous month. The rate matched market expectations of 3.00%.

China's five-year loan prime rate (LPR) stood at 3.5% on July 20, unchanged from the previous reading and in line with market expectations.

According to Jin10 Futures, the CFETS-NEX renminbi funding sentiment index rose to 55 on July 20 (as of 08:45), up 4 points from the previous day's close. By institution type, large banks reported 55 (up 5 points), mid-size and small banks reported 58 (up 6 points), and non-bank institutions reporte

Seoul bond market participants adopted a cautious stance on July 20, monitoring international oil prices and semiconductor manufacturer stock movements following escalating geopolitical tensions and central bank policy signals. Iran officially announced over the weekend it would no longer fulfill

According to Bank of Korea Governor Shin Hyun-sung, on July 20, the central bank left open the possibility of consecutive rate hikes, with Q2 GDP data due on July 23 expected to be a decisive factor. Shin emphasized that core inflation's convergence to the 2% target depends on how monetary policy re

China's one-year Loan Prime Rate (LPR) will be released on July 20, according to the announcement. The rate is expected to be published within ten minutes.

SK Hynix is conducting a bidding process among domestic and international financial institutions to allocate approximately ₩40 trillion raised through its Nasdaq American Depositary Receipt (ADR) listing. The company plans to distribute the funds across foreign exchange, bonds, and deposits based on

According to China Foreign Exchange Trade System (CFETS), on July 17, the RMB exchange rate index rose 0.07 points on a weekly basis to 102.42.

China's central bank has 1.9635 trillion yuan in reverse repurchase agreements (reverse repos) scheduled to mature this week. Maturities are distributed across the week as follows: Monday 224 billion yuan, Tuesday 236.5 billion yuan, Wednesday 426.5 billion yuan, Thursday 626 billion yuan, and

From 00:00–00:15 (UTC) on July 20, 2026, BTC saw a slight gain of 0.46% within 15 minutes, with a price range of 64,573.4–65,051.0 USDT and an amplitude of 0.74%. By comparison, BTC’s price change over the past 24 hours was only -0.02%, with an intraday volatility range of just 64,278–64,970 USDT; overall, it showed extremely low volatility. The market is narrowly consolidating around $64,500, waiting for a directional catalyst. The core driver behind this round of BTC’s tight range is the conti

According to Kobeissi Letter, the auction yield on U.S. 30-year Treasury bonds rose to 5.06% on July 20, marking the highest level since 2007. The increase pushes long-term Treasury yields above the 5% threshold, up from approximately 2% in early 2022. Rising risk-free rates are expected to increase

According to financial investment industry sources, on July 16, the Bank of Korea's Monetary Policy Committee raised the base rate by 0.25% to 2.75%, the first increase in 3.5 years. Analysts project the rate hike will have limited direct impact on securities firms' debt securities holdings, as

According to Yonhapinfomax CP and short-term bond issuance statistics, 22 securities firms issued a combined 11.19 trillion Korean won (KRW) in commercial papers and short-term bonds during the week of July 13-17. Korea Investment Securities led issuances with 3.694 trillion KRW, followed by Mirae A

New Zealand's 12-month trade deficit worsened to NZD 37.5 billion in June, according to official trade statistics. The previous reading was revised downward to NZD 36.1 billion from an initially reported NZD 33.67 billion.

New Zealand's imports for June reached 8.07 billion NZD, according to official trade data. The prior month's reading was revised to 8.07 billion NZD from the previously reported 8.08 billion NZD.

New Zealand's exports reached NZD 8.09 billion in June, down from NZD 8.65 billion in May (previously reported as NZD 8.88 billion). The prior month figure was revised downward following the release of revised

New Zealand's trade balance recorded NZD 0.23 billion in June. The statistics agency revised the prior month's trade balance to NZD 5.77 billion, down from the previously reported figure of NZD 8 billion.