DXY & Forex

In Beijing time in the early hours of July 30, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) released its latest interest rate decision, keeping the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marked the Fed’s fifth consecutive meeting since January this year in holding policy steady. However, the real focus for the market is not the “no rate hike” itself. After the decision was released, Bitcoin surged from about $63,700 to near the $64,700 intrad

Oxford Economics forecasts the Federal Reserve will maintain a prolonged interest rate freeze following the July Federal Open Market Committee meeting, according to a report issued on the 29th (local time). The institution cited cooling employment indicators and additional signs of slowing service p

According to Oxford Economics, following the July 29 Federal Open Market Committee meeting, the firm forecast the Federal Reserve will maintain interest rates on hold for an extended period. The forecast is based on cooling employment indicators and moderating services inflation. Oxford Economics at

According to Jeffrey Gundlach, CEO of DoubleLine Capital, the U.S. Treasury market is signaling that the Federal Reserve must raise interest rates, not merely maintain hawkish rhetoric, to achieve its 2% inflation target. Speaking on Wednesday following the Fed's latest policy announcement, Gundlach

According to Jeffrey Gundlack, CEO of DoubleLine Capital, on Wednesday, U.S. Treasury market is signaling that the Federal Reserve needs to raise interest rates to achieve its 2% inflation target. "If you really want to reach the 2% goal, I think you must hike rates," Gundlach said following the Fed

Fed Chair Kevin Warsh reaffirmed the Federal Reserve's commitment to its 2% inflation target at a post-FOMC press conference on the 29th (local time), stating there is no relaxed inflation goal. However, bond markets responded with skepticism: 30-year Treasury yields surged from approximately 5.1% t

According to Steve Sosnick, chief strategist at Interactive Brokers, on July 29 the U.S. 30-year Treasury yield surged to 5.22%, marking its highest level since 2007, while the 10-year yield climbed to 4.69%. This occurred after Federal Reserve Chair Kevin Walsh's FOMC meeting remarks reaffirming th

According to Philip Wee, senior FX strategist at DBS Group's Research, on July 30, the U.S. dollar may face pressure due to diverging forward guidance from the Federal Reserve and other central banks. The Fed's decision to remove forward guidance and hold rates unchanged has created volatility in

The USD-KRW exchange rate fell to its lowest level since late February, dropping 8.10 won to 1,438.60 won as of 9:25 AM on the 30th in the Seoul foreign exchange market, driven by month-end dollar selling pressure and dovish interpretations of the

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,438.60 won on July 30 morning, marking the lowest level since February. The decline was driven by month-end dollar selling, particularly from offshore markets, combined with dovish signals from the U.S. Federal Reserve's policy

The KOSPI pre-market indicator plunged 20.17% to 4520.93 at 8:50:10 AM on the morning of the 30th, alarming investors before the market opened 0.33% higher at 5681.77. The sharp drop in the pre-market indicator reflected overnight declines in US

Japanese stock indices showed mixed performance on July 30 morning trading, with the Nikkei 225 rising 366.31 points (0.60%) to 61,800.50 as of 9:17 AM while the Topix fell 28.46 points (0.72%) to 3,945.57, following a sharp overnight decline in US markets. US stocks dropped after the Federal Open M

According to market analysts including Steve Sosnick of Interactive Brokers, on July 29 the Federal Reserve held its benchmark interest rate unchanged at 3.5%-3.75% in a 9-3 vote, yet bond markets signaled deep skepticism of Chair Kevin Warsh's inflation-fighting commitment. The 30-year U.S.

According to Odaily, the U.S. Federal Reserve's policy committee voted 9-3 this week to maintain interest rates unchanged, with three members publicly supporting a 25 basis point increase. This marks the first instance of three dissenting votes in the same direction since 2016 and represents an

According to FOMC records released on July 29, the Federal Reserve voted 9-3 to maintain the federal funds rate target at 3.5%-3.75%. The three dissenting votes, which favored a 25-basis-point rate hike, represent the highest number of consistent dissents in a single policy decision since 2016,

Major investment banks assessed the Federal Reserve's July Federal Open Market Committee (FOMC) meeting as more dovish than expected, according to a report from the Bank of Korea's New York office on the 30th. Market participants evaluated Fed Chair Kevin Warsh's press conference as reducing the

Federal Reserve Chair Kevin Warsh held the July Federal Open Market Committee meeting, with major investment banks assessing the outcome as more dovish than anticipated, according to a report from the Bank of Korea's New York office on the 30th. The Fed maintained its policy rate unchanged, but

According to Citi economist Kim Jin-wook's report released today (July 30), Citi forecasts the Bank of Korea will raise its benchmark interest rate again in August despite the KOSPI's sharp decline. Kim noted that Bank of Korea Governor Shin Hyun-song prioritizes real economic indicators over

According to BlockBeats, on July 30, Federal Reserve Chair Powell's post-meeting remarks raised Wall Street concerns about his anti-inflation credibility after failing to clarify future policy direction. JPMorgan subsequently advanced its expectation for the Fed's first rate hike from H2 2027 to