DXY & Forex

According to Yonhapinfomax, on July 22, South Korea's interest rate swap (IRS) rates surged, with 1-year IRS climbing 5.50 basis points to 3.4750% as of 4:30 p.m. Five-year and 10-year IRS rose 4.50bp and 5.75bp, respectively. The sharp increase in short-term rates was attributed to market

According to Signum Global Advisors analysis on July 22, a quantitative model predicts Trump may adjust his hardline Iran policy by late July, with July 26 identified as the highest probability timing. The model identified 2.9 standard deviations as the average threshold needed to trigger policy

According to BlockBeats and Jin10, Kuwait plans to issue dollar-denominated bonds on Wednesday (July 23) as the country faces mounting economic pressure from repeated Iranian missile and drone attacks. The government has engaged Goldman Sachs and Citigroup to arrange three tranches with

According to Yonhapnews, on July 22, South Korea's FX swap points rose across all tenors as market participants braced for a consecutive Bank of Korea rate hike in August. The 1-year swap point closed at minus 13.80 won, up 0.20 won from opening, while the 6-month, 3-month, and 1-month tenors rose 0

The USD-KRW exchange rate closed at 1,480.10 won in the Seoul foreign exchange market, up 6.70 won from the previous trading day's close of 1,473.40 won, marking its first upward close in Seoul trading in seven sessions. The currency pair rose in response to Middle East geopolitical risks that

According to Yonhapinfomax, USD/KRW rose to 1,480.10 on July 22, up 6.70 won from the previous Seoul close of 1,473.40 won, marking a 7-day high. The gains reflect dollar strength amid escalating Middle East geopolitical risks, including ongoing Iranian airstrikes that have continued for 11 days

According to Commerzbank economist Thu Lan Nguyen, the British pound may experience volatility amid fiscal policy uncertainty under Prime Minister Burnham's newly formed government. Investors are concerned about the government's ability to balance fiscal sustainability with economic stimulus, as Bur

Onshore Chinese yuan closed at 6.7740 against the U.S. dollar on July 22 at 4:30 PM, down 72 basis points from the previous trading day.

According to LSEG data cited by Nikkei Asia, Japanese companies issued 6.8 billion dollars in euro-yen convertible bonds during the first half of 2026, reaching the highest level since the first half of 2004 when issuances totaled 11 billion dollars. The increase in issuances is driven by rising

Bank Indonesia's senior deputy governor said today the central bank decided not to raise rates and will use central bank securities to attract fund inflows without significantly altering its interest rate.

According to Jin10, on July 22, UK 10-year gilt yields rose 1.3 basis points to 5.041% as Middle East tensions escalated, driving Brent crude up 2.4% to $93.3 per barrel. Rising oil prices have increased inflation expectations and the likelihood of further interest rate hikes from the Bank of

Japan's 2-year government bond yield rose to 1.47%, marking the highest level since 1995. This represents a significant shift in Japan's fixed income market after decades of historically low yields.

According to Jin10, foreign exchange options worth over 1 billion yuan across six strike prices expire on July 22 at 22:00 Beijing time, affecting major pairs including EUR/USD, USD/CHF, AUD/USD, and GBP/USD.

According to Guru Club, on July 22, the Bank of Japan signaled willingness to accelerate rate hikes beyond the current pace of once every six months.

Recently, Bank of Japan officials expressed concern that the weakness in the yen poses an upside risk to inflation, according to reports.

Indonesia's central bank governor stated that the bank will coordinate policy measures to maintain the inflation rate within the target range of 1.5%-3.5% in 2026 and 2027.

According to Yonhap Infomax, on July 22 (Tokyo time), the USD/JPY exchange rate touched 163.161 yen at 2:07 PM, approaching its highest level in approximately 39 years and 7 months since December 1986. The New York foreign exchange market earlier saw USD/JPY reach 163.24 yen. Dollar buying

According to the governor of Indonesia's central bank, as of July 21, the bank has purchased 188.68 trillion Indonesian rupiah worth of government bonds through secondary market operations and other activities.

According to Jin10 and Quilter Cheviot analyst Richard Carter, the Bank of England is expected to maintain interest rates at 3.75% on July 22, while monitoring Middle East conflict developments. June inflation data showed a decline to 2.6% following a temporary oil price drop after U.S.-Iran

On July 22, German 2-year government bond (Bund) yield reached 2.8177%, marking its highest level in two years, rising 2 basis points intraday.