DXY & Forex

U.S. core retail sales fell 0.2% month-over-month in June, missing the expected decline of 0.1%. The prior month's figure was revised upward to 1% from the initially reported 0.8%.

According to Federated Hermes fund manager Karen Manna in a report on July 16, the institution believes the Federal Reserve will likely hold steady while inflation remains one of the most unpredictable macroeconomic variables. The shift from the low-inflation environment after the 2008-09

According to Turkey's central bank data, the country's total foreign exchange reserves reached $67.12 billion as of July 10, up from $61.95 billion a week earlier, an increase of $5.17 billion.

According to Reuters survey, all 74 economists expect the European Central Bank to maintain its deposit rate at 2.25% on July 23.

According to a Reuters survey, 52 out of 74 economists expect the European Central Bank to raise interest rates once more in 2026.

According to Barclays economist Son Beom-gi on July 16, the Bank of Korea may execute consecutive rate hikes in August if upcoming economic indicators exceed expectations, following the central bank's July rate increase. The economist identified upside risks to the baseline forecast, which assumes a

Korea Investment & Securities analyst Choi Ji-wook forecast on July 16 that the Bank of Korea (BOK) will raise the base interest rate once more in August. Choi maintained the year-end base rate forecast at 3% but changed the timing of the additional hike from October to August, projecting the

According to Yonhapinfomax, South Korea's Ministry of Economy and Finance announced on July 16 that it will not issue treasury bonds through the subscription method this month. The decision was made considering recent treasury bond issuance performance and market supply-demand

According to Yonhap Infomax, interest rate swap (IRS) rates in Seoul's bond market fell across all tenors on July 16, led by gains in shorter-dated segments. The 1-year IRS rate fell 2.50 basis points to 3.4350%, while the 5-year segment dropped 2.00bp to 4.0325% and the 10-year declined 1.50bp to 4

On July 14, the U.S. Bureau of Labor published June 2026 CPI data. June’s CPI year over year, not seasonally adjusted, rose 3.5%, below the market expectation of 3.8% and significantly down from the prior value of 4.2%. Core CPI rose 2.6% year over year, also below the expectation of 2.8% and the prior value of 2.9%. Seasonally adjusted CPI fell 0.4% month over month, the largest one-month drop since April 2020, and the first time in six years that CPI has shown negative month-over-month growth.

The South Korea government is preparing amendments to the Korea Investment Corporation Act to enable KIC to invest in domestic won-denominated assets. The legislative changes will establish a separate domestic strategic investment account within KIC by year-end, transforming the institution into a '

According to Citibank, South Korea's central bank is expected to raise its benchmark rate by 25 basis points in both July and August (today July 16), citing robust Q2 GDP growth and sustained demand-side inflation pressures. Citibank economist Kim Jin-wook raised the central bank's Q2 GDP forecast t

According to Yonhapinfomax, on July 16, the one-year FX swap point in South Korea rose 0.20 won to -13.90 won amid a narrowing Korea-U.S. rate differential. The six-month maturity climbed 0.10 won to -7.10 won, while the three-month increased 0.15 won to -3.15 won. The move reflected

According to Jin10, the Eurozone's May trade deficit widened to €50 billion (seasonally adjusted), marking the largest deficit since January 2023, driven by surging energy imports and weakening export growth. Energy trade deficit reached €303 billion in May, significantly above the pre-conflict

The eurozone's seasonally adjusted trade balance turned to a deficit of €4.97 billion in May, compared with a surplus of €1.3 billion in the prior month.

Italy's trade surplus reached EUR 4.793 billion in May, up from EUR 4.293 billion in the previous month, according to official data.

The Bank of Korea raised its benchmark interest rate on the 16th for the first time in 3 years and 6 months, marking the start of a formal rate hike cycle. The bond market responded in the opposite direction, with short-term bonds showing notable strength as concerns over potential back-to-back rate

From 08:15 to 08:30 (UTC) on July 16, 2026, BTC rose modestly by 0.33% over 15 minutes. The trading range was 63,890.3–64,166.4 USDT, with a swing of 0.43%. Despite the small short-term gain, BTC is still down about 0.53% over the past 24 hours. The current quote is $64,250, and overall the market is clearly under pressure. The key drivers behind this unusual move are the sharp escalation in the US–Iran military conflict. The US has reinstated a maritime blockade against Iran and, for the first

Onshore yuan against the U.S. dollar closed at 6.7678 as of 16:30 Beijing time on July 16, up 33 pips from the previous trading day's official close and 19 pips from the previous night session close.