Track the US Dollar Index (DXY) and major currency pairs to analyze how dollar strength, liquidity expectations, and interest rate spreads impact BTC, stablecoins, and global crypto pricing.
According to BOK Governor Shin Hyun-sung, the Korean won is very likely to strengthen against the U.S. dollar in the future, given South Korea's strong economic fundamentals. "From a fundamental perspective, the Korean won is very likely to regain strength," Shin said when asked about the won's
According to Yonhapinfomax, the USD/KRW exchange rate rose to 1,501.40 on July 9 morning, up 2.90 won from the previous Seoul session close of 1,498.50 won, as escalating U.S.-Iran military tensions following Iran's tanker attack heightened market anxiety. The won briefly recovered to 1,496.80 won,
According to Today News, the US dollar-won exchange rate dropped sharply on July 9 as SK Hynix's ADR (American Depositary Receipt) listing heightened dollar supply expectations. The currency touched the 1,400 won level after rising to 1,600 won forecast earlier. Foreign stock net selling also
Japanese stocks rose on the 9th, with the Nikkei 225 index climbing 1,144.04 points (1.71%) to 67,963.09 as of 9:17 AM, driven by overnight buying in US technology stocks. The rally followed US President Donald Trump's decision to soften his rhetoric on Iran after initially
According to the Federal Reserve's official FOMC minutes released on June 8, Fed Chair Kevin Warsh reduced the published June meeting minutes to 15 pages compared to former Chair Jerome Powell's standard 18-page format. The substance of the minutes also shifted in presentation style, making it
According to Wall Street Journal reporter Nick Timiraos on July 9, the Federal Reserve's June meeting minutes reveal that disagreements among officials stem primarily from divergent inflation forecasts rather than fundamental conflicts over rate policy. The Fed has identified two scenarios: if infla
According to Jin10 Futures, the CFETS-NEX sentiment index for the yuan interbank funding market reported 47 as of 10:15 on July 9, unchanged from 08:45. By institution type, the sentiment indices were: large banks 46, mid-sized and smaller banks 48, and non-bank institutions 46, all flat. The index,
South Korean government issued €1.7 billion in euro-denominated foreign exchange stabilization bonds on the 9th, marking the largest euro bond offering in the country's history. The dual-tranche issuance comprised €700 million in 3-year bonds and €1 billion in 7-year bonds, both achieving
According to South Korea's Finance Ministry, the country raised 1.7 billion euros in foreign exchange stabilization bonds today (July 9) at historic low spreads. The issuance marks a benchmark for the nation's external debt
Seoul foreign exchange dealers expect the USD-KRW exchange rate to face slight upward pressure this day, driven by rebound demand after the previous day's 29.70 won drop to 1,498.50 won and Middle East geopolitical developments. US President Donald Trump stated 'we don't want a long war,'
Bitcoin (BTC) retraced its early-week gains, currently around $62,420 on July 9. EU officials plan to revise the Markets in Crypto-Assets Regulation (MiCA) to include non-EU stablecoin issuers. Russia proposes criminal penalties for illegal crypto exchanges, with a maximum sentence of five years imprisonment. Macro Events & Crypto Hotspots According to CoinTelegraph, EU officials are planning to amend the MiCA framework amid the US implementing stablecoin legislation. European news outlets repor
According to Yonhap Infomax, on July 9, South Korea's 1-year interest rate swap (IRS) fell 2.75 basis points to 3.4450%, marking the third consecutive trading-day decline. Offshore investors and local securities firms have been aggressively selling short-term positions ahead of next week's central b
According to the People's Bank of China, the central bank conducted a 10 billion yuan 7-day reverse repo operation today (July 9). The operating rate was set at 1.40%, unchanged from the previous level. Both the bidding amount and successful bid matched at 10 billion yuan.
According to Jin10, on Wednesday, former Bank of Japan official Watanabe Tsutomu said the central bank may accelerate rate hikes later this year and eventually raise its benchmark rate above 2% to contain inflation. Watanabe stated that the terminal rate will be around 2% or slightly higher than
According to Citi economist Jin-Wook Kim, South Korea's central bank is expected to raise its benchmark rate from 2.50% to 2.75% at next week's policy meeting, then signal a gradual hiking pace of 25 basis points per quarter throughout the second half of 2026. Citi forecasts rate increases in July a
China's interbank foreign exchange market reported on July 9 that the USD/CNY midpoint weakened 41 points to 6.8036, reflecting yuan appreciation.
Other major currency pairs also shifted: EUR/CNY strengthened 82 points to 7.7696; GBP/CNY rose 239 points to 9.1098; AUD/CNY advanced 8 points to 4.715
China's yuan fixed midpoint strengthened by 41 basis points to 6.8036 against the U.S. dollar yesterday (July 8), reaching its strongest level since February 10, 2023.