DXY & Forex

Eurozone is due to release key economic data on July 30, including second-quarter GDP year-on-year initial reading, June unemployment rate, and July industrial confidence and economic sentiment indices. The data releases are scheduled for later

The Federal Reserve held the federal funds rate at 3.50% to 3.75% on July 29 in a 9-3 vote, with three regional Fed presidents—Beth Hammack, Neel Kashkari, and Lorie Logan—dissenting in favor of a 25 basis point hike. Policymakers cited persistent inflation around 4.1% and resilient economic

According to Jin10, the IMF forecasted on July 30 that U.S. government debt will reach $40.7 trillion in 2026, maintaining the world's highest absolute debt level, while Japan's debt-to-GDP ratio stands at 204%, the highest globally. China's Central Committee called for accelerating fiscal

Following Fed Chair Kevin Warsh's comments at the FOMC press conference on July 29, market concerns about the Fed's inflation-fighting credibility prompted a sharp repricing. The 30-year Treasury yield surged 10 basis points to 5.21%, marking the highest level since June 2007, while the 2-year yield

According to Jin10 Futures, as of 4 p.m. on July 30, the CFETS-NEX China FX Sentiment Index stood at 48, unchanged from 2:30 p.m. The index for large-sized banks, mid-to-small banks, and non-bank financial institutions were reported at 47, 49, and 47 respectively, all stable. The index ranges from 0

According to sources, India's central bank sold approximately $7 billion on Friday (July 28) to defend the Indian rupee. This represents one of the largest direct interventions by the central bank in recent

According to Yonhapinfomax, South Korea's 10-year government bond futures fell 53 ticks to 105.31 on July 30 afternoon, while 3-year futures declined 3 ticks to 103.06. The decline was driven by a sharp rise in U.S. Treasury

According to Jin10, on July 30, UK government bond yields climbed ahead of the Bank of England's interest rate decision. The 10-year gilt yield rose 1.4 basis points to 5.033%. Market participants widely expect the BoE to hold rates steady at 3.75%.

Spain's Consumer Price Index rose to 3.5 percent year-on-year in July on a preliminary basis, exceeding the forecast of 3.4 percent and rising from 3.2 percent in the prior month.

Traders said India's central bank may sell dollars to stem rupee weakness as oil prices rise. The Indian rupee fell 0.1% to 95.73 against the dollar on July 30, earlier reaching a high of 95.5775.

South Korea's National Pension Service disclosed that its fund assets reached 1,849 trillion won as of the end of May, according to an announcement on the 30th. The fund's asset allocation consisted of 29.4% in domestic stocks, 35.2% in foreign stocks, 15.7% in domestic

According to Deutsche Bank's foreign exchange research team on July 30, the U.S. dollar index fell and the euro rose after the Federal Reserve held interest rates steady with notable internal dissent. Three officials dissented, favoring a 25 basis point hike, underscoring concerns about persistent i

According to Christian Hoffmann, head of fixed income at Xiong Bo Investment Management, the Federal Reserve's decision to keep interest rates unchanged represents a 'disturbing inaction' rather than an inevitable outcome. The move comes as oil prices surge again amid heightened geopolitical

According to Jin10, foreign exchange options across EUR/USD, USD/JPY, GBP/USD, and AUD/USD will expire on July 30 at 22:00 Beijing time. A total of 16 strikes valued at 1 billion yuan or above are set to expire, warranting risk management

On Wednesday, the Federal Reserve voted 9 to 3 to hold its benchmark rate at 3.5% to 3.75%, with regional presidents from Cleveland, Minneapolis, and Dallas dissenting in favor of a hike. The split marked the most contested vote under Chair Kevin Warsh, and his refusal to signal the central bank's n

According to MainSky Asset Management Chief Eckhard Schulte, Federal Reserve Chair Powell's avoidance of forward guidance makes it extremely difficult for markets to form coherent analysis of Fed policy, creating high uncertainty that could pressure stocks, long-term bonds, and the dollar. While Pow

According to Seema Shah, chief global strategist at Secure Income Management, on July 30, the Federal Reserve's decision to maintain interest rates unchanged amid three dissenting votes suggests the decision reflects internal debate rather than consensus. The statement provided limited new

According to Jin10, Christian Hoffmann, head of fixed income at Sancroft Investment Management, said on July 30 that the Federal Reserve's decision to hold rates unchanged was a "troubling inaction" rather than an inevitable outcome. Despite constructive inflation data, oil prices surged again