DXY & Forex

According to Jin10, Eurozone government bond yields fell in early trading on July 28, tracking movements in U.S. Treasury yields amid declining oil prices as efforts to resolve Middle East conflicts continue. Germany's 10-year yield dropped 2.1 basis points to 3.105%.

According to Citadel Securities, the Fed is expected to raise rates by 25 basis points this week, with chief strategy officer Frank Flight saying the move would reinforce Fed Chair Kevin Warsh's credibility in combating inflation. Interest rate swap markets currently reflect approximately 40%

SK Hynix and Samsung Electronics drove the USD-KRW exchange rate lower on May 28 through large-scale dollar sales, offsetting custody dollar demand from foreign stock sell-offs. The exchange rate fell 3.40 won to 1,465.10 won as of 1:47 PM versus the prior close of 1,468.20 won. The downward

According to Yonhap Infomax, the dollar-won exchange rate fell to 1,465.10 won on July 28 afternoon, down 3.40 won from the previous close of 1,468.20 won, as SK Hynix and Samsung Electronics sold large volumes of dollars. Foreign investors executed net sales of 3.7 trillion won in equities,

According to Jin10 data, on Tuesday July 28 in Asian trading, the Japanese yen held steady against the U.S. dollar near 163.85, lacking directional momentum as investors await the Federal Reserve's monetary policy decision on Wednesday. CME FedWatch tool shows traders assess a 62% probability the Fe

International credit rating agency Fitch forecasts that Japan's debt will continue to decline over the next five years, despite the country's new expansionary fiscal policy announced last week. In a report released on May 27 local time, Fitch stated that Japan's strengthened fiscal policy stance in

According to Fitch, Japan's government on July 27 adopted a revised fiscal strategy that defers the primary balance surplus target and shifts focus to maintaining a declining trajectory for gross government debt over the next five years. The shift includes substantial fiscal investments in growth ar

According to ING Economics, the Bank of England is expected to maintain interest rates unchanged throughout 2026, with inflation forecast to approach 3% in the second half of the year and into early 2027—remaining within the central bank's tolerance range. The institution predicts two rate cuts

Early in the European session on July 28, EUR/USD fell to a monthly low of approximately 1.1362 as the market remained cautious ahead of the Federal Reserve's monetary policy decision. The U.S. dollar extended its gains amid expectations that the Fed will maintain rates in the 3.5%-3.75% range.

According to Jin10, foreign exchange options including EUR/USD, GBP/USD, AUD/USD, and USD/JPY will expire on July 28 at 22:00 Beijing time. There are zero orders with strike prices exceeding 1 billion yuan set to expire during this

According to Yonhapinfomax, on July 28, Reserve Bank of Australia Governor Michele Bullock said the central bank is prepared to raise interest rates again if necessary to address persistently high core inflation. Speaking at a fundraising luncheon in Sydney, Bullock noted that the full effects of th

According to BlockBeats, on July 28, the Federal Reserve faces increased pressure to tighten policy due to persistent inflation above target and continued economic and labor market resilience, according to Anthony Willis, senior economist at Tianleh Investment. Markets are currently pricing in a 38%

The Bank of Korea's Monetary Policy Committee raised the base interest rate from 2.50% to 2.75% in July, marking the first rate hike in 3 years and 6 months. The decision came as June consumer prices rose 3.2% year-on-year following a 3.1% increase in May, while the USD-KRW exchange rate traded at 1

The Bank of Korea's Monetary Policy Committee raised the base interest rate from 2.50% to 2.75% at its regular meeting in July, marking the first rate increase in three years and six months. The rate hike signals the central bank's shift to monetary tightening amid persistent inflation pressures,

According to Jin10, Australia's dollar declined about 0.3% during Asian trading on July 28 following remarks by RBA Governor Michele Bullock. Kristina Clifton, forex strategist at Commonwealth Bank of Australia, noted that while Bullock left room for further rate hikes if needed, he also signaled th

According to Yonhapnews, the Bank of Korea's Monetary Policy Committee raised the benchmark interest rate to 2.75% from 2.50% on July 28, marking the first hike in three and a half years. The decision signals the central bank's shift toward monetary tightening amid persistent inflationary

According to the Bank of Japan, Japan's core consumer price index (CPI) rose 2.7% year-over-year in June, unchanged from May's 2.7%. Core-core CPI, which excludes volatile energy and food prices, increased 2.0% in June, down from 2.1% in May.

According to PPP prediction market tool monitoring, a new account (0x0c689c8e78588fd3d02e56a6e787e7f9e9b09e76) purchased $196,000 in prediction shares on Polymarket betting against a 25 basis point rate hike following the Federal Reserve's July 28-29 FOMC meeting, with an opening position at 72.5

According to Seoul Bond Market data, South Korean government bond yields declined slightly on the morning of July 28 as risk-off sentiment swept markets. The 3-year benchmark yield fell 2.3 basis points to 3.844%, while the 10-year yield dropped 1.5bp to 4.315% and the 30-year yield eased 0.1bp to 4

The USD-KRW exchange rate rose 0.70 won to 1,469.20 won as of 11:09 AM on May 28, compared to the previous Seoul session close of 1,468.50 won. The increase occurred as the KOSPI index plunged and foreign investors dumped stocks. The KOSPI market activated a circuit breaker, temporarily halting