DXY & Forex

South Korea's Seoul Foreign Exchange Market will replace its current Market Average Rate (MAR) methodology with a Time Weighted Average Price (TWAP) system for calculating the USD-KRW base exchange rate from January 1, 2027. The

On Tuesday (July 28), the U.S. dollar retreated from a month-high, with the Dollar Index (DXY) declining 0.1% to 101.42. Oil prices fell for a second consecutive day, easing inflation concerns as the U.S. and Iran maintained a ceasefire that began over the weekend. Market focus now turns to the

According to CME data, federal funds futures open interest surged to a record 967,136 contracts on Monday, ahead of the Federal Reserve's rate decision on Wednesday. The previous record was set in October 2024, when market expectations around the Fed decision were similarly divided. Data showed open

UK households showed reduced inflation concerns in July according to the Citi/YouGov survey released on July 28. One-year-ahead inflation expectations fell to 3.4% from 3.8% in June, while five-year expectations declined to 3.7% from 3.9%. The cooling trend arrives days before the Bank of England's

According to the Citi/YouGov survey released on July 28, British households' one-year-ahead inflation expectations fell to 3.4% from 3.8% in June. Long-term expectations, measured over a five-year horizon,

From 19:45 to 20:00 (UTC) on July 28, 2026, BTC saw a slight rebound of 0.33% within 15 minutes. The price ranged from 63,900.3 USDT to 63,675.4 USDT, with an amplitude of 0.35%. The candlestick volume was about 1,031 BTC; there was no breakout on rising volume. Overall, the market remains in a tight range consolidation, with intense back-and-forth between buyers and sellers around $63,860. The main drivers behind this modest uptick come from two areas. First, the Israel–Iran conflict reached a

According to CME FedWatch, the Federal Reserve announces its rate decision on Wednesday, July 29, with markets pricing a 31.5% probability of a rate hike and 68.5% odds of holding rates steady. Bitcoin (BTC) has drifted lower ahead of the announcement, trading near $63,683, down 1.87% over 24

According to Evernorth, XRP is designed to serve as a settlement rail for modern finance, enabling institutions to move value across borders faster and more efficiently. Evernorth Chief Business Officer Sagar explained that XRP functions as infrastructure for real-time transactions, allowing

According to Jin10, the U.S. Dollar Index fell 0.12% on July 28 to close at 101.417 at the end of New York trading. EUR/USD rose to 1.1387 from 1.1368; GBP/USD climbed to 1.3289 from 1.3288; USD/JPY advanced to 163.86 from 163.78.

On Tuesday, July 28, the U.S. dollar rose 0.05% against the Japanese yen to 163.81 at the New York close, trading within a range of 163.64-163.95 for the session. The euro gained 0.24% against the yen, while the British pound rose 0.08%.

The US Treasury completed a $44 billion 7-year note auction on the 28th (local time), with the final yield set at 4.473%, the highest level since December 2024 and 21.3 basis points above last month's 4.260%. The auction drew steady demand with a bid-to-cover ratio of 2.49 times, matching the six-au

According to ICE data, the U.S. Dollar Index fell 0.14% to 101.396 points in New York late trading on Tuesday (July 28), with an intraday range of 101.640-101.258 points. The Bloomberg Dollar Index declined 0.07% to 1221.38 points, trading between 1223.69-1220.08 points.

According to the U.S. Treasury Department, on July 28, the 7-year Treasury auction set a yield of 4.473%, up 21.3 basis points from the previous month's 4.260% and marking the highest level since December 2024. The $44 billion auction saw a bid-to-cover ratio of 2.49 times, consistent with the six-a

According to Bloomberg, on July 28, Peru's dollar bonds rallied significantly during Keiko Fujimori's presidential inauguration, becoming one of the best-performing sovereign debts in emerging markets. The nation's 2050-maturity dollar bonds rose 0.6 cents per dollar face value, with trading

On Tuesday, July 28, as the Federal Reserve opened its FOMC policy meeting, U.S. Treasury yields declined across the curve. The 10-year yield dropped 5.06 basis points to 4.5981%, while the 2-year yield fell 5.17 basis points to 4.2706%, and the 30-year yield declined 4.58 basis points to 5.0907%.

Onshore yuan (CNY) traded at 6.7710 against the U.S. dollar at Beijing time 03:00, down 85 pips from Monday night close. Trading volume reached 30.995 billion U.S. dollars.

According to market expectations, the Federal Reserve faces a 40% probability of a rate hike as the FOMC convenes this week, with 3 to 4 committee members potentially supporting an immediate increase. However, Chair Kevin Warsh shows no immediate urgency to act, citing concerns about supply-side