DXY & Forex

On July 23, the global asset pricing system underwent a sharp repricing. The Brent crude oil futures Settlement Price closed at $100.69 per barrel, up 7.04% on the day, and for the second time in many days it returned above the $100 level. At the same time, the yield on the 10-year US Treasury intraday broke through 4.7%, reaching the highest level since January 2025. The DXY rose in tandem, closing at 101.445, up 0.32%. The simultaneous

Wall Street veteran Jim Bianco said the Federal Reserve must take action to halt the surge in U.S. Treasury yields. On July 23, Bianco stated via X that the 10-year Treasury yield reached its highest level during President Donald Trump's second term, with yields exceeding 4.7%. He argued that amid s

According to Yonhapinfomax, the United States announced 50% additional tariffs on most Canadian products on July 20, citing discriminatory treatment of American goods as retaliation. Treasury Secretary Scott Bessent outlined in a Wall Street Journal op-ed that U.S. trade policy would prioritize Amer

Japan's 2-year government bond yield rose 1.5 basis points to 1.505% today, marking the highest level since May 1995.

According to Japan Statistics Bureau, Japan's core CPI (excluding fresh food) rose 1.6% year-over-year in June on July 24, matching market expectations. The increase widened from 1.4% in the prior month. The headline CPI index (including fresh food and energy) rose 1.7% year-over-year, up from 1.5%

The US Treasury designated Japan as a currency monitoring country on July 23 (local time) and recommended the Bank of Japan (BOJ) continue raising interest rates, according to a semiannual report to Congress. The Treasury stated that while global factors like financial market volatility and oil

Taiwan's banking, securities, and insurance sectors recorded total mainland China exposure of approximately 792.399 billion TWD as of May 2026, according to data released by the Financial Supervisory Commission (FSC). The figure represents a monthly increase of 2.85 billion TWD but remains 4.3%

According to Taiwan's Financial Supervisory Commission, the financial sector's exposure to mainland China (banks, securities firms, and insurers) rose to approximately TWD 792.4 billion by the end of May 2026, up 2.85 billion from the previous month, marking a nine-month high. The increase was

The Korean won strengthened sharply against the US dollar over 17 trading days, with the KRW-USD exchange rate falling from an intraday high of 1,559.20 won on the 1st to 1,465.10 won, despite rising dollar index and USD-JPY rates. Market analysts

The South Korean won's real effective exchange rate (REER) fell to 83.06 in June, marking its lowest valuation since March 2009, according to data released by the Bank for International Settlements (BIS) on July 24. The decline represents the fifth consecutive monthly drop from January's 87.02

According to data from Yonhapinfomax, the Korean won weakened sharply against the dollar on July 24, falling to 1,465.10 won after reaching 1,559.20 won on July 1, marking a 94.10 won decline over the period. Meanwhile, the dollar-yen rate rose to near 164 yen, and the dollar index climbed

According to the Bank for International Settlements (BIS), South Korea's won reached its lowest real effective exchange rate (REER) in 17 years in June, sliding to 83.06. This marks the weakest level since March 2009 during the global financial crisis, with the currency declining for five

According to IG Australia analyst Tony Sycamore, the Japanese yen hit a 40-year low against the US dollar on Thursday (July 24), approaching the closely-watched 165 level. The yen has declined approximately 0.9% this week, marking its worst performance since May after Japan's record-scale foreign

South Korea's Q2 GDP growth exceeded market expectations, but the USD-KRW exchange rate showed minimal immediate reaction following the 8am data release. The Bank of Korea reported Q2 real GDP growth of 0.6% quarter-over-quarter and 3.7% year-over-year, surpassing forecasts. Real Gross Domestic

According to the Bank of Korea, South Korea's Q2 real GDP grew 0.6% quarter-on-quarter and 3.7% year-on-year on July 24, beating market expectations. Q2 real GDI increased 15.6% year-on-year, marking the highest growth rate since Q1 1988. The

According to Jin10 Data, China's central bank conducted 89 billion yuan of 7-day reverse repurchase operations and 500 billion yuan of 1-year medium-term lending facility (MLF) operations on July 24. Combined with 450.5 billion yuan in maturing 7-day reverse repos, the central bank achieved net

According to analysts, oil prices are surging amid escalating Iran geopolitical risks, pushing expectations for higher U.S. interest rates. GasBuddy analyst Patrick De Haan estimates U.S. gasoline retail prices could rise to $4.15–$4.25 per gallon in coming weeks. The rally has already transmitted t

The People's Bank of China conducted a 7-day reverse repo operation today (July 24), injecting 8.9 billion yuan into the financial system. The operation attracted 8.9 billion yuan in bids with a full allotment at an interest rate of 1.40%, unchanged from the previous operation.

Japanese Finance Minister Katayama Koichi referenced a U.S. Treasury Department foreign exchange report today (July 24) that mentioned a Japan-U.S. joint statement. According to the statement, excessive exchange rate volatility is

China's yuan weakened 33 basis points to 6.7939 against the U.S. dollar at today's midpoint fixing on July 24, marking the largest single-day decline since June 18, 2026.