DXY & Forex

BoE Governor Andrew Bailey said the recent decline in inflation has proceeded faster than expected, but prices are set to rise again later this year. Bailey stated the central bank will ensure any increase remains

The Bank of England's Monetary Policy Committee voted to raise interest rates on July 30, with three members voting in favor compared to two expected. The decision exceeded market consensus of two votes, signaling a slightly hawkish stance compared to prior

Following the Bank of England's rate decision announcement, sterling rose 13 pips against the dollar, with GBP/USD trading at 1.3394.

The Bank of England's Monetary Policy Committee voted to maintain interest rates unchanged on July 30, with 6 members supporting the decision against expectations of 7 votes, compared to 7 supporting votes in the previous decision.

The Bank of England will release its interest rate decision at 7 PM Beijing time today (July 30).

According to MUFG's Derek Halpenny on July 30, the Bank of England's rate decision could lift the pound if it strengthens market expectations for a September rate hike. The market currently reflects a 50% probability of a rate increase in September.

According to ING analyst Alexander Krueger on July 30, the European Central Bank is unlikely to consider raising interest rates above 2.50% from their current level of 2.25%, despite positive economic surprises in the second quarter. Krueger noted that the eurozone economy expanded 0.4%

According to the Australian Securities and Investments Commission (ASIC), the Supreme Court of New South Wales recently ordered the winding up of Capital Guard AU Pty Ltd following findings of alleged investment fraud. The company raised approximately A$17.4 million from around 80 investors

According to Yonhapinfomax, South Korean government bond yields rose across tenors on July 30 following the Federal Reserve's monetary policy decision overnight. The 3-year yield climbed 3.1 basis points to 3.831%, while the 10-year yield increased 5.4 basis points to 4.311%. The Fed maintained

Offshore Chinese yuan (CNH) touched intraday highs today not seen since February 2023, according to market data.

South Korean retail investors purchased $749.2 million in US bonds this month (1-29th), marking the largest monthly net buying of the year, according to Korea Securities Depository data released on the 30th. The surge reversed a net selling position of $166.58 million in the previous month, driven b

According to Korea Securities Depository, Korean retail investors purchased $749.2 million of U.S. Treasuries in July (through July 29), marking the largest monthly inflow this year and reversing June's net outflow of $166.58 million. The surge was driven by rising long-term U.S. Treasury yields, w

According to Jin10, British 30-year gilt yields climbed to 5.759%, a one-week high, on July 30 after the Federal Reserve maintained interest rates unchanged. The Fed provided no forward guidance on future policy actions, heightening market uncertainty. Tickmill Group analyst Patrick Munnelly noted t

According to Yonhapinfomax, the Bank of Korea completed real-transaction testing for Project Agora on July 30, with participation from 28 institutions across 6 currencies including Korean won, U.S. dollar, euro, British pound, Swiss franc, and yen. Domestically, the BOK and five commercial banks par

According to the Federal Reserve announcement on July 29, the FOMC held the federal funds rate at 3.50% to 3.75% in a narrow 9-3 vote, with three regional Fed presidents—Beth Hammack, Neel Kashkari, and Lorie Logan—dissenting in favor of a 25 basis point hike, marking the first coordinated hawkish d

Italy's unemployment rate reached 5.7% in June, exceeding analyst expectations of 5% and the prior month's rate of 5%.

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,437.40 won on July 30, down 9.30 won from the previous day's close of 1,446.70 won, marking its lowest level since February 26. The decline was driven by month-end demand for won purchases from exporters like SK Hynix and Samsung

The Eurozone's unemployment rate reached 6.3% in June, exceeding the forecasted 6.2% and rising 0.1 percentage points from May's 6.2%.

FX swap points in South Korea's foreign currency funding market closed mostly flat on July 30 amid mixed supply and demand. The 1-year maturity FX swap point ended unchanged at minus 12.50 won, while shorter-term instruments showed limited movement. Market participants attributed the range-bound

According to Yonhapinfomax, on July 30, South Korea's FX swap points closed mostly flat across most tenors. The 1-year maturity settled at -12.50 won versus opening levels, while the 6-month and 3-month maturities ended at -5.70 won and -2.45 won respectively. Short-term maturities showed mixed