DXY & Forex

U.S. mortgage rates remained elevated on Friday, Aug. 7, with the average 30-year fixed mortgage rate rising to 6.69% as of Aug. 6 in Freddie Mac's latest weekly reading, up from 6.66% the previous week. The increase reflects elevated Treasury yields, which have kept borrowing costs high despite the

According to Bloomberg, BlackRock said the U.S. decision to sell euros and support the yen without prior notice to European policymakers heightens geopolitical risk and weakens long-term government bond appeal. James Turner, BlackRock's global head of fixed income for Europe, Middle East and

CME Group's Mexican peso and Brazilian real futures and options generated a record $2.94 billion in average daily volume during the first half of 2026, according to figures released by the exchange. Mexican peso futures accounted for $2.2 billion a day, up 38% from the previous year, while Brazilian

According to CME Group, average daily volume in Mexican peso and Brazilian real futures and options reached a record $2.94 billion during the first half of 2026. Mexican peso futures accounted for $2.2 billion daily, up 38% year-over-year, while Brazilian real futures reached $740 million, an

South Korea's interest rate swap (IRS) rates rose on August 7, driven by uncertainties surrounding the opening of the Strait of Hormuz. The 1-year IRS rate increased 2.00 basis points to 3.4325% as of 4:30 PM, while 3-year and 5-year rates climbed 1.75bp and 2.25bp respectively. A bond dealer at a s

According to Yonhapinfomax, South Korea's 1-year interest rate swap (IRS) rose 2.00 basis points to 3.4325% on August 7 afternoon. Three-year and five-year rates increased by 1.75bp and 2.25bp respectively, as uncertainties surrounding the Hormuz Strait weighed on market

According to Yonhap Infomax, South Korea's 1-year FX swap points closed 0.30 won higher at -12.40 won on August 7. The 6-month maturity ended at -6.00 won, up 0.10 won, while the 3-month maturity closed at -2.25 won, also up 0.10 won. Overnight

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,416.10 won on August 7, down 7.70 won from the previous close of 1,423.80 won, marking the lowest closing level since October 2 last year. Exporter redemptions and offshore investor selling drove the decline. Semiconductor firms

According to BlockBeats, on August 7, when asked whether Federal Reserve Chair Kevin Powell should avoid raising rates before the midterm elections, Trump stated that rate decisions are not entirely up to Powell. "It depends on him in some respects, but not completely," Trump said, noting that Powel

The US dollar declined against most major currencies except the yen in recent days as traders reduced expectations for two rate hikes by the Federal Reserve before year-end. The decline followed news on 6 August that Iran and Oman agreed to establish a shipping corridor through the Strait of

According to market analysis, the US dollar weakened against major currencies on August 6–7 following a deescalation in Middle East tensions and reduced Federal Reserve rate hike expectations. On August 6, Iran and Oman agreed to establish a shipping corridor through the Strait of Hormuz, boosting r

According to BlockBeats, the U.S. July unemployment rate and non-farm employment data will be released tonight at 20:30 Beijing time on August 7. Most financial institutions surveyed forecast the unemployment rate between 4.2% and 4.3%, with the consensus leaning toward 4.2%. Some institutions

From 08:30 to 08:45 (UTC) on August 7, 2026, BTC rose slightly by 0.28% over the 15-minute period, trading within a range of $64,448.1–$64,668.4 USDT, with an Ampl of 0.34%. BTC is currently trading at approximately $64,618, down slightly by 0.47% over the past 24 hours. It has been moving broadly sideways within the narrow $64,000–$65,000 range, with an intraday candlestick Change % of just 0.02%, reflecting consolidation in a low-volatility environment with extremely limited actual price fluct

SwitchOne, a global asset tech firm, recently hired Min Kyung-seop as Managing Director and established an internal trading team, the company announced on the 7th. Min, former head of Nextsecurities' FX management center, is recognized as one of South Korea's longest-serving forex dealers with

According to Yonhap Infomax, global asset-tech firm Switchone appointed Min Kyung-seop, a former head of Next Securities' forex management center, as executive director and established an internal trading team on August 7. Min is recognized as one of South Korea's longest-serving forex dealers,

Onshore Chinese yuan closed at 6.7501 against the U.S. dollar at 4:30 PM Beijing time on August 7, up 14 pips from the previous trading day's official close and up 16 pips from the previous night's close.

According to Jin10 data, India's foreign exchange reserves surged by $10.5 billion for the week ending July 31, reaching $692.9 billion, marking the largest weekly gain since January. The surge brings reserves within striking distance of the all-time high of $728.5 billion set in February. Since

China's foreign exchange reserves reached $341.878 billion in July, up $2.52 billion from $341.626 billion in June.

The Philippine Statistics Authority reported on August 5 that inflation in the Philippines eased to 6.2% in July, down from 6.4% in June, marking the third consecutive month of slower inflation since a peak of 7.2% in April. The deceleration reflects easing price pressures across multiple

According to Jin10, at 22:00 Beijing time on August 7, major foreign exchange options expiring across EUR/USD, USD/JPY, AUD/USD, and USD/CAD pairs, with 4 strike prices representing positions valued over $100 million each. Market participants are advised to manage risk