DXY & Forex

According to MFS Investment Management, on July 29, UK 10-year gilt yields rose 2.6 basis points to 4.985%, primarily driven by geopolitical considerations rather than domestic concerns. Benoit Anne, an analyst at MFS, noted in a report that investors are closely monitoring the government's

According to Jin10, over the past 24 hours, Trump asserted that Iran does not control the Strait of Hormuz and only the U.S. can determine which ships pass through. He called on Iran to formally commit to remaining non-nuclear and stated U.S.-Iran negotiations are progressing well, warning of

According to Yonhapinfomax, South Korea's foreign exchange swap points declined on July 29 due to month-end balance sheet adjustments and offshore forward currency sales. The 1-year maturity FX swap point fell 0.40

According to Seoul bond market data on July 29, South Korea's interest rate swaps (IRS) declined across all tenors. The 1-year IRS fell 2.50 basis points to 3.4225%, while the 5-year contracted 4.75bp to 3.9675% and the 10-year dropped 4.50bp to 4.0825%. SOFR-based rates also declined, with the 1-ye

In Q2, Hermès stock fell over 10%, reaching its lowest level since 2023. According to its Q2 financial results, the luxury brand's revenue beat expectations; however, currency fluctuations resulted in a negative impact of over €360 million on

According to Yonhapinfomax, the Korean won fell to 1,446.70 against the U.S. dollar on July 29, down 15.80 won from the previous close, marking its lowest level since Feb. 27. The decline was driven by large-scale foreign currency conversion related to SK Hynix's American depositary receipts

According to Peter Kinsella at UBS, Japanese yen will likely continue weakening on July 29, as the Bank of Japan is unlikely to signal accelerated policy tightening this week. Kinsella noted that Japan's real interest rates (adjusted for inflation) remain in negative territory. Without a strong

According to Berenberg analyst Andrew Wishart, the Bank of England is expected to maintain its key rate at 3.75% on Thursday (July 29), though it may warn of potential rate hikes if energy prices surge significantly. However, Wishart noted such warnings do not signal a high likelihood of actual

According to Sberbank of Russia, the country's inflation is forecast at 6.5%-7% for 2026.

At 12:00 a.m. on July 30 (Beijing time), the Fed will release its July FOMC meeting decision. This will be the second FOMC meeting since Fed Chair Kevin Wosch took office, and it may well be the most difficult to predict in recent years. The CME FedWatch tool shows that, as of July 29, the probability that the market is pricing in the Fed keeping the policy rate unchanged in the 3.50% to 3.75% range is 70.6%, and the probability of a 25-basis-point rate hike is 29.4%. This probability structure

According to Ebury analyst Matthew Ryan, the Bank of England is set to assess its quantitative tightening (QT) program at Thursday's policy meeting on July 29. However, Ryan notes that the evaluation may have limited impact on UK assets, as investors are likely focused on inflation guidance and

Onshore Chinese yuan closed at 6.7655 against the US dollar on July 29 at 4:30 p.m., up 19 basis points from the previous trading day.

The UK's M4 money supply grew at an annual rate of 5% in June, up from 4.30% in the prior month. M4, a broad measure of money supply tracked by the Bank of England, reflects growth in cash and deposits held by households and

The UK's M4 money supply grew 0.8% month-on-month in June, up significantly from 0.10% in May, according to official data.

The Federal Reserve announced today (July 29) that it is holding the federal funds rate steady at 3.50%-3.75% for a fifth consecutive meeting, according to the Federal Reserve's announcement. Market expectations show a 95-98% probability of unchanged rates, per CME FedWatch data. TD Securities

According to Macquarie Group on July 29, the U.S. Federal Reserve is unlikely to adjust rates at its current meeting, but statement wording is expected to shift in a hawkish direction. Market pricing implies roughly 35% probability of a rate hike. The next policy action is most likely to be a rate i

From 04:00 to 08:00 UTC on July 29, 2026, BTC traded within the range of 63,598.9–63,765.5 USDT. The volatility was 0.26%, and the return % slipped slightly by 0.01%. Despite tighter short-term fluctuations, BTC is still up about 1.47% over the past 24 hours, bouncing from a $62,744.9 low to around $64,433.4 as the market tries to balance risk-off sentiment with expectations for macro policy. The main driver behind this move is the escalation in the U.S.-Iran conflict. Iran’s “raids-style” missi

According to Jin10, Evergrande's 2027 dollar bonds rose 1.8 cents per dollar to 47 cents on July 29, marking the largest gain since May 11, 2026. The company's 3.975% coupon bonds surged as market conditions

According to T. Rowe Price portfolio manager Vincent Chung cited by Jin10, Japan's central bank is expected to keep interest rates unchanged on Friday but may signal a faster hiking pace than the previously suggested once every six months. Chung stated the bank needs to tighten monetary policy

According to Ebury analyst Matthew Ryan, the Bank of England is expected to hold interest rates unchanged on Thursday (July 31), with voting splits likely to determine sterling's direction. A 7-2 vote supporting a rate hold, combined with dovish rhetoric downplaying inflation risks from energy