DXY & Forex

Swap market pricing shows a 100% probability of the Bank of England increasing rates by 51 basis points by year-end, the first upward revision since July 14, up from Wednesday's forecast of 44 basis points. This reflects strengthened market expectations for prolonged tight monetary conditions as

The European Central Bank (ECB) held all three policy rates steady at its July 23 monetary policy meeting. The deposit rate remained at 2.25%, the main refinancing rate at 2.40%, and the marginal lending rate at 2.65%. The ECB stated it is monitoring the impact of its June rate hike, when it

According to its official statement, the European Central Bank held all three key policy rates unchanged on July 23, following a 25 basis point increase across all rates in June. The deposit rate remains at 2.25%, the main refinancing rate at 2.40%, and the marginal lending rate at 2.65%. The ECB ci

According to Morgan Stanley, leveraged investors have reduced funding in U.S. Treasury basis trading by over $200 billion in recent months, with total capital currently standing at around $1 trillion. Basis trading, which exploits price differences between Treasury futures and spot bonds, has lost a

The US dollar strengthened on the 23rd, with the Dollar Index rising to 101.297 as of 8:03 AM Eastern Time, up 0.175 points or 0.173% from the previous close of 101.122, according to Yonhap Infomax. The currency gained as shipping disruptions in the Strait of Hormuz and Red Sea coincided with

According to Yonhap Infomax, on July 23, the U.S. Dollar Index (DXY) rose to 101.297, up 0.175 points (0.173%) from the previous close of 101.122, as shipping disruptions in the Red Sea and Strait of Hormuz drove up international oil prices. Pro-Iran Houthi forces claimed responsibility for

According to Yonhapinfomax, the USD/KRW exchange rate weakened to 1,472.80 Korean won on July 23, down 7.30 won from the previous close. South Korea's surprise stronger-than-expected Q2 GDP growth of 3.7% year-over-year provided support for the won, while foreign investors' net purchase of 2.13

Canadian Prime Minister Carney stated that Canada enters the trade dispute from a position of strength and will take all necessary measures to defend its interests.

From 13:45 to 14:00 (UTC) on July 23, 2026, BTC fell 0.32% over 15 minutes, with the price touching the $64,864.8–$65,145.1 range and the amplitude of 0.43%. Over the past 24 hours, BTC has cumulatively fallen by about 1.66%, with an intraday low of $64,820. Market attention has clearly risen, and volatility has increased. The main driver behind this unusual move is the continued escalation of the military conflict between the US and Iran compounded by rising expectations for a Fed rate hike in

According to Federal Reserve Bank of New York data, the secured overnight financing rate (SOFR) rose to 3.62% on July 22, up 1 basis point from 3.61% the previous day. The effective federal funds rate remained unchanged at 3.63%.

According to ECB President Christine Lagarde, the European Central Bank has not detected second-round effects from recent inflation pressures. While the central bank continues to monitor closely for such risks, Lagarde confirmed that direct and indirect impacts—such as effects on transportation

ECB President Christine Lagarde stated today (July 23) that there is no pressure for interest rate increases.

ECB President Christine Lagarde stated today (July 23) that there was no discussion on minimum reserve requirements during the bank's proceedings.

According to Jin10, ECB President Christine Lagarde said on July 23 that inflation risks are tilted to the upside. Energy shocks could intensify further, with broader price and wage impacts potentially exceeding current expectations, she said. Persistent high energy prices increase the likelihood

South Africa's repo rate came in at 7% on July 23, below the expected 7.25% and unchanged from the previous 7.00%.

ECB President Christine Lagarde stated today that conditions have remained relatively stable since the June monetary policy decision.

According to Jin10, U.S. Treasury yields reached year-to-date highs today (July 23). The 2-year yield rose approximately 4 basis points to 4.34%, marking the highest level since early 2025, while 10-year yields also surged to year-to-date peaks. Market participants increasingly expect the Federal

The South African Reserve Bank raised its core CPI forecast for 2026 to 3.8 percent from 3.7 percent, according to its latest official statement. The 2027 core CPI forecast was held unchanged at 3.7 percent.

South Africa's central bank forecasts oil prices will reach $100 per barrel in 2026 under an updated negative scenario, with inflation expected to remain above its target throughout the year. The central bank stated that it needs to implement additional interest rate increases this year to address p

On July 23, U.S. 10-year Treasury yield surged to 4.707%, hitting its highest level since January 2025, driven by geopolitical tensions in the Middle East and a stronger-than-expected labor market. Brent crude futures jumped 5% to nearly $99 per barrel following reports of a tanker attack off