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 Jin10 Futures, in recent trading, the U.S. dollar, gold, and crude oil have risen simultaneously, defying traditional economic correlations where dollar strength typically pressures commodity
According to UBS investment banking economists on July 23, UK inflation is expected to accelerate after slowing in June, potentially peaking at 3.3% in November. The economists project that utility bills will rise in July, pushing year-over-year headline inflation from June's 2.6% to
According to UBS investment banking economists, the probability of Bank of England rate hikes in coming months has declined, as sluggish economic growth and a weak labor market reduce the necessity for further tightening, according to Jin10 on July 23. However, the economists noted that rising oil p
According to Jin10, Zhu Hetao, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, attended the 31st Governors Meeting of the Executive Meeting of East Asia-Pacific Central Banks (EMEAP) on July 23. Central bank governors exchanged views on
According to Jin10, Turkey's central bank held its benchmark interest rate unchanged on July 23, marking the fourth consecutive decision to maintain policy unchanged. The decision came amid escalating Middle East tensions that have pushed Brent crude oil above $98 per barrel, fueling inflation
Germany's 10-year bond yield surged to 3.21% on July 24, marking the highest level since 2011, as rising oil prices and inflation expectations drove market bets on European Central Bank rate hikes. The yield rose 3 basis points during the day.
Traders currently expect the ECB to deliver
The People's Bank of China will conduct a 500 billion yuan Medium-term Lending Facility (MLF) operation on July 24, 2026, with a one-year maturity, according to the central bank's announcement. The operation will use fixed quantity, interest rate tender, and multiple price bidding methods to
According to Yonhapinfomax, on July 23, South Korea's interest rate swap (IRS) rates rose across all tenors. The 1-year IRS rate rose 0.25 basis points to 3.4775%, the 5-year climbed 1.00 basis point to 4.0925%, and the 10-year increased 1.00 basis point to 4.2175%.
Market dealers noted mixed
According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,466.80 Korean won today (July 23) in Seoul, marking its lowest level since May 7 and a sharp 13.30-won decline from the previous close. The currency has fallen approximately 94 won from its July 1 high of 1,559.20 won.
The decline
Stock markets are rising despite global uncertainties, driven by significant sector rotations and fundamental economic shifts. This year, software, auto, consumer goods, and apparel stocks have fallen, while energy and hardware sectors have gained as investors adjust to new market dynamics. The shif
According to Mitsubishi UFJ analyst Lee Hardman, on July 23, the Japanese yen hit a 40-year low and the Swiss franc touched an 11-month low against the U.S. dollar. Since the U.S.-Iran conflict escalated in late February, both low-yielding
According to Yonhap Infomax, on July 23, FX swap points in South Korea rose across all maturities, driven by increased demand for won-denominated funding. The 1-year maturity swap point closed at -13.60 won, up 0.10 won from the opening; the
KB Securities said on the 23rd that consecutive rate hikes in August are unlikely despite Q2 GDP exceeding forecasts, as growth momentum slows. Researcher Lim Jae-kyun noted that if the GDP-GDI gap peaked in Q2, July inflation will likely remain subdued. Q2 real GDP rose 0.6% QoQ and 3.7% YoY,
The onshore yuan closed at 6.7706 against the US dollar at 4:30 p.m. Beijing time on July 23, up 34 points from the previous trading day's official close and 44 points from the prior evening session close.
According to Francesco Pesole of ING on July 23, the euro is likely to decline in coming days despite potential European Central Bank signals of a September rate hike. The analyst forecasts the euro could fall to around $1.1380, citing the foreign exchange market's "dangerously complacent" stance to