DXY & Forex

According to Jin10, Japan's two-year government bond auction on July 30 saw weaker-than-expected demand, with a subscription ratio of 3.63, below the 12-month average of 3.81. The bid-to-cover ratio also declined from 4.82 in the previous auction. The tail spread widened to 0.007 from 0.005 last mon

On July 30, Japan auctioned 2-year bonds with a bid-to-cover ratio of 3.63, lower than the 12-month average of 3.81.

Japan's 2-year government bond auction received bids at a multiple of 3.63 times, down from 4.82 times recorded during the June issuance.

According to Democratic Party of Japan Chief Secretary Suzuki Shunichi, the government can secure funding for temporary tax cuts thanks to tax revenue collections surpassing initial expectations.

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) mostly rose on July 30. One-week HIBOR climbed to 1.41576%, touching its highest level since July 24. Overnight HIBOR fell 8 basis points to 1.30000%, while two-week HIBOR remained flat at 1.43606% and one-year H

According to Prieus chief U.S. economist Blerina Uruci, the Federal Reserve may keep interest rates unchanged at its September meeting if oil prices do not surge significantly and inflation continues to decline, as reported by Jin10 on July 30. Market expectations for the Fed's September rate

In Beijing time in the early hours of July 30, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) released its latest interest rate decision, keeping the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marked the Fed’s fifth consecutive meeting since January this year in holding policy steady. However, the real focus for the market is not the “no rate hike” itself. After the decision was released, Bitcoin surged from about $63,700 to near the $64,700 intrad

Oxford Economics forecasts the Federal Reserve will maintain a prolonged interest rate freeze following the July Federal Open Market Committee meeting, according to a report issued on the 29th (local time). The institution cited cooling employment indicators and additional signs of slowing service p

According to Oxford Economics, following the July 29 Federal Open Market Committee meeting, the firm forecast the Federal Reserve will maintain interest rates on hold for an extended period. The forecast is based on cooling employment indicators and moderating services inflation. Oxford Economics at

According to Jeffrey Gundlach, CEO of DoubleLine Capital, the U.S. Treasury market is signaling that the Federal Reserve must raise interest rates, not merely maintain hawkish rhetoric, to achieve its 2% inflation target. Speaking on Wednesday following the Fed's latest policy announcement, Gundlach

According to Jeffrey Gundlack, CEO of DoubleLine Capital, on Wednesday, U.S. Treasury market is signaling that the Federal Reserve needs to raise interest rates to achieve its 2% inflation target. "If you really want to reach the 2% goal, I think you must hike rates," Gundlach said following the Fed

Fed Chair Kevin Warsh reaffirmed the Federal Reserve's commitment to its 2% inflation target at a post-FOMC press conference on the 29th (local time), stating there is no relaxed inflation goal. However, bond markets responded with skepticism: 30-year Treasury yields surged from approximately 5.1% t

According to Steve Sosnick, chief strategist at Interactive Brokers, on July 29 the U.S. 30-year Treasury yield surged to 5.22%, marking its highest level since 2007, while the 10-year yield climbed to 4.69%. This occurred after Federal Reserve Chair Kevin Walsh's FOMC meeting remarks reaffirming th

According to Philip Wee, senior FX strategist at DBS Group's Research, on July 30, the U.S. dollar may face pressure due to diverging forward guidance from the Federal Reserve and other central banks. The Fed's decision to remove forward guidance and hold rates unchanged has created volatility in

The USD-KRW exchange rate fell to its lowest level since late February, dropping 8.10 won to 1,438.60 won as of 9:25 AM on the 30th in the Seoul foreign exchange market, driven by month-end dollar selling pressure and dovish interpretations of the

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,438.60 won on July 30 morning, marking the lowest level since February. The decline was driven by month-end dollar selling, particularly from offshore markets, combined with dovish signals from the U.S. Federal Reserve's policy

The KOSPI pre-market indicator plunged 20.17% to 4520.93 at 8:50:10 AM on the morning of the 30th, alarming investors before the market opened 0.33% higher at 5681.77. The sharp drop in the pre-market indicator reflected overnight declines in US

Japanese stock indices showed mixed performance on July 30 morning trading, with the Nikkei 225 rising 366.31 points (0.60%) to 61,800.50 as of 9:17 AM while the Topix fell 28.46 points (0.72%) to 3,945.57, following a sharp overnight decline in US markets. US stocks dropped after the Federal Open M