DXY & Forex

According to the Bank of Japan's official policy announcement on June 16, the central bank raised its key interest rate from 0.75% to 1.0%—the highest level in 31 years—yet the Japanese yen still fell below ¥162 per U.S. dollar. Despite spending 11.7 trillion yen on currency interventions in April a

Germany's consumer price index declined 0.3% month-over-month in June, preliminary data showed, missing consensus expectations of 0% and marking a larger contraction from May's -0.2% reading.

Germany's preliminary consumer price index for June came in at 2.3% year-over-year, falling short of the expected 2.6% and marking a decline from May's 2.6% reading.

Germany's harmonized CPI rose 2.4 percent year-over-year in June, according to preliminary data released June 30, falling below the expected 2.5 percent and down from 2.7 percent in May.

GBP/USD extended its downtrend today, falling 0.3% to touch a daily low of 1.3215.

Chancellor Rachel Reeves announced in last year's budget that those under 65 would only be allowed to deposit £12,000 annually into Cash ISAs from April 6, 2027, down from the current £20,000 limit. The policy change, set to take effect in the 2027/28 tax year, aims to encourage investment in

According to Japan's Ministry of Finance, the country conducted no currency interventions during April 28-May 27, with intervention figures standing at 0 yen for the period.

The Ministry of Finance of Japan stated that it did not conduct any yen exchange rate interventions during the period from May 28 to June 26.

Gate News: According to the latest Gate TradFi data, USDHUF (US Dollar vs Hungarian Forint) has surged by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The Foreign Exchange Professionals Association has published new industry guidance clarifying how foreign exchange spread grids should be interpreted. The guidance, titled 'FXPA Guidance: The Role and Interpretation of FX Spread Grids,' argues that spread grids are designed to provide contextual

According to the Foreign Exchange Professionals Association (FXPA), the organization published guidance clarifying that foreign exchange spread grids should be interpreted as indicative reference tools rather than firm pricing commitments or measures of execution quality. The paper, developed by FXP

Italy's CPI (Consumer Price Index) came in at 0% month-over-month in June, falling short of the 0.2% forecast and marking a significant slowdown from the prior month's 0.4%.

On June 30 at 4:30 p.m. Beijing time, onshore yuan closed at 6.7852 against the U.S. dollar, gaining 77 basis points from the previous trading day's official close and rising 108 basis points from the previous day's evening close.

Intercontinental Exchange is launching economic indicator futures tied to central bank interest rate decisions and U.S. natural gas inventory data, scheduled for August 10 subject to regulatory approval. The cash-settled contracts will reference monetary policy decisions by the U.S. Federal

Intercontinental Exchange is introducing economic indicator futures linked to monetary policy decisions by the U.S. Federal Reserve, the European Central Bank, and the Bank of England, as well as U.S. natural gas storage data, set to launch on August 10, subject to regulatory approval. The

In June, Germany's unemployment fell by 0.1 thousand persons, falling short of the forecasted 0.5 thousand-person increase. The prior month saw a decline of 1.2 thousand persons.

According to CoinDesk, Bitcoin and the U.S. dollar/Japanese yen (USD/JPY) exchange rate recorded a 52-week rolling correlation of -0.90 on June 30, marking the most negative level since late 2022. TradingView data shows that approximately 81% of Bitcoin's weekly volatility can be explained by USD/JP

Germany is scheduled to release its seasonally adjusted June jobless figures and unemployment rate later today.

According to Jin10, eurozone government bond yields declined slightly on June 30, with German 10-year yields near 2.85%. Christoph Rieger, analyst at Commerzbank, noted that further significant declines in German bond yields may be limited, requiring lower inflation data and stable oil prices to

According to traders, hedge funds are reluctant to establish new long positions in U.S. dollar against Japanese yen at current levels, fearing Japan's finance ministry may intervene on Friday when U.S. markets close for the holiday. Traders noted that the Ministry has repeatedly warned of possible i