DXY & Forex

According to Gate data, USD/JPY rebounded to 159.0 intraday on July 31, trading at 158.796 with a 24-hour decline of 3.0%.

According to KB Kookmin Bank, the bank successfully conducted its first FX trades through the IPS Pro electronic trading platform on July 31, becoming the first domestic financial institution to execute such transactions. The trades involved Korean won

According to Yonhapinfomax, on July 31, South Korea's 1-year foreign exchange (FX) swap point rose 0.20 won to close at -12.30 won, while longer-dated tenors showed strength. The 6-month contract remained flat at -5.70 won, the 3-month rose 0.10 won to -2.35 won, and the 1-month gained 0.15 won to -

According to Jin10, USD/JPY rebounded on July 31, recovering to 159.43 after dropping to an intraday low of 158.53, a decline of over 150 pips. The currency pair recovered all losses with gains of approximately 0.04% during the day.

ECB governing council member Koehl said the ECB will make decisions in autumn based on latest economic data to bring eurozone inflation back to its 2% target sustainably.

According to Eurostat, Eurozone core consumer price inflation (excluding energy and food) declined to 0% in July on a month-over-month basis, down from 0.2% in the previous month.

Eurozone July CPI month-on-month initial reading came in at 0.2%, beating economist expectations of 0.10%. The prior month saw a reading of -0.10%.

Italy's July consumer price index (CPI) came in at 2.8% year-over-year, matching the median forecast. The reading represents a decline from the previous month's 3.0%, signaling easing price pressures.

Eurozone core harmonized CPI for July came in at 2.5% year-over-year on an initial reading, according to preliminary data. This exceeded economist expectations of 2.4% and rose from the previous month's 2.4%, marking an uptick in core inflation

Eurozone consumer price inflation reached 2.9% year-on-year in July, according to preliminary data, matching the consensus forecast and rising from 2.8% in June. The reading indicates a modest uptick in price growth across the 20-nation currency

USD/JPY fell sharply, dropping roughly 150 points to 158.6 as traders monitor the yen's sudden strength. The move has prompted caution in the market regarding potential policy intervention.

Eurozone core consumer price index (inflation excluding energy and food) came in at 2.2% year-on-year in July, below the expected 2.3% and up from 2.1% in June.

Foreign investors continued selling short-term Korean government bonds on the 31st, marking seven consecutive trading days of net selling through the previous day, according to bond market participants. The selling intensified as rising swap rates eliminated arbitrage incentives that previously

According to Seoul bond market participants, foreign investors extended their selloff of short-term government bonds on July 31, liquidating positions worth over 1 trillion won across multiple maturities. The sustained unwind reflects the collapse of carry trade incentives, as swap rate spreads

According to Jin10, China's State Administration of Foreign Exchange released new guidelines on July 31 to refine the management of domestic foreign currency loans. The notice introduces three major reforms: establishing dedicated account management for foreign currency loans, with export-backed loa

According to the State Administration of Foreign Exchange, China's foreign exchange market recorded total turnover of 28.00 trillion yuan (equivalent to 4.11 trillion U.S. dollars) in June 2026. Bank-to-customer market transactions reached 5.18 trillion yuan, while interbank market transactions tota

On July 31, the U.S. 30-year Treasury yield broke through the 5.2% mark, marking its highest level since 2007. The surge reflects ongoing concerns about long-term inflation expectations and fiscal policy in the world's largest bond

According to the Bank for International Settlements (BIS), bank credit to emerging markets and developing economies increased by $148 billion in Q1 2026, with the growth concentrated in Africa, the Middle East, and emerging Europe. BIS global liquidity indicators showed that both U.S. dollar and

According to Yonhapinfomax, South Korea's government bond short-term yields fell on July 31 afternoon following the Bank of Japan's decision to hold its benchmark rate at 1.0% as expected. The 3-year yield declined 6.5 basis points to 3.762%, while the 10-year yield dropped 5.0bp to 4.261%.

Germany's seasonally adjusted unemployment increased by 6,000 in July, surpassing the forecast of 5,000 and reversing the prior month's decline of 1,000.