DXY & Forex

According to JPMorgan Chief Economist Michael Feroli on July 29, the Federal Reserve will likely raise the federal funds rate in December, advancing its prior expectation of H2 2027. Feroli stated that JPMorgan revised its rate path forecast to reflect the Fed's need to maintain credibility

The USD-KRW exchange rate dropped over 100 won this month, prompting import companies to shift from active dollar buying to a wait-and-see stance. The exchange rate fell to 1,440.50 won following the US Federal Open Market Committee meeting, down approximately 119 won from the July 1st intraday

According to Jin10 data, China's central bank conducted 270.5 billion yuan in 7-day reverse repo operations and 600 billion yuan in overnight reverse repo operations today (July 30). With 204 billion yuan of 7-day repos and 600 billion yuan of overnight repos maturing today, the central bank

Bitcoin (BTC) gives back the overnight gains, trading at around $63,719 as of July 30. Trump’s crypto adviser Patrick Veitch rejected a developer proposal for the “CLARITY Act,” adding new clauses that delete provisions that could protect developers from criminal prosecution in certain situations. Tether’s compliance stablecoin USA₮ (USAT) has officially launched on the Celo mainnet, marking its second mainnet deployment after Ethereum. Macro Events & Crypto Hotspots 1、According to CryptoPotato,

According to Jin10, the People's Bank of China conducted 270.5 billion yuan in 7-day reverse repurchase operations at a rate of 1.4% today (July 30). The central bank also conducted 600 billion yuan in overnight reverse

The People's Bank of China conducted 270.5 billion yuan in 7-day reverse repurchase operations today (July 30) at an interest rate of 1.40%, maintaining the previous rate. The central bank also opened 600 billion yuan in overnight reverse repo operations. A total of 804 billion yuan in reverse

According to the People's Bank of China, the central bank conducted 270.5 billion yuan in 7-day reverse repo operations today (July 30) at an interest rate of 1.40%, with bid and settlement amounts both at 270.5 billion yuan. Simultaneously, the bank conducted 600 billion yuan in overnight reverse r

China's yuan midpoint against the U.S. dollar rose to 6.7892 today, up 7 points from the previous trading day's midpoint of 6.7899.

According to Guru Club, the Chinese yuan's middle rate against the U.S. dollar strengthened by 7 points to 6.7892 on July 30, reaching its highest level since February 10, 2023.

The Federal Reserve voted to hold interest rates steady on Wednesday, triggering the Dow Jones Industrial Average's worst single-day decline since April 2025 with a 1,153-point drop (2.19%). Three of the twelve Federal Open Market Committee members dissented and advocated for a rate hike instead. Th

China's yuan-to-dollar midpoint rate strengthened by 7 pips to 6.7892 on July 30, reaching its highest level since February 10, 2023, according to official exchange rate data.

On July 30, China's interbank foreign exchange market set the yuan's mid-price at 6.7892 per U.S. dollar, down 7 points (yuan appreciation). EUR/CNY rose 438 points to 7.7613, while GBP/CNY increased 403 points to 9.0455.

According to CNBC, on July 29, DoubleLine Capital CEO Jeffrey Gundlach said the U.S. Treasury market is sending a clear signal to the Federal Reserve: if policymakers truly want to bring inflation back to 2%, they must take action rather than rely on rhetoric. "If you really want to get inflation to

Kim Myung-sil, a researcher at iM Securities, stated on July 30 that three interest rate hikes by the Bank of Korea in 2026 remain possible, citing stronger-than-expected second-quarter GDP growth driven by both exports and private consumption recovery. The analyst emphasized that if back-to-back ra

Kim Myung-sil, a researcher at iM Securities, stated in an interview on July 30 that the Bank of Korea could implement three interest rate hikes this year, including a potential back-to-back increase in August. The forecast is based on Q2 GDP growth that showed improvement in both exports and

According to the Federal Reserve on July 29, the central bank held the federal funds rate target range steady at 3.5%-3.75%, marking the fifth consecutive hold this year. COMEX gold closed at $4,065.50 per ounce, up 0.66%, while domestic SHFE gold rose 0.90% to 889.70 yuan per gram. The decision

Jeff Gundlach, known as the 'Bond King,' stated on the 29th local time that the bond market is signaling the Federal Reserve should raise interest rates. Speaking to CNBC immediately after the Fed's rate decision this month, Gundlach said the Fed needs to increase the benchmark rate if it truly

According to iM Securities analyst Kim Myung-sil interviewed on July 30, South Korea's central bank may implement consecutive rate hikes in August, with the potential for three total increases this year. The assessment is supported by stronger-than-expected Q2 GDP growth and a notable recovery in

According to iM Securities analyst Kim Myung-sil, on July 30, South Korea's central bank may implement consecutive rate hikes in August and a total of three hikes this year. Kim cited stronger-than-expected second-quarter GDP growth, driven by both exports and improved private consumption,

According to Jeff Gundlach on CNBC, the bond market is signaling the Federal Reserve to raise interest rates, after the FOMC held the benchmark rate unchanged on July 29. The 30-year Treasury yield surged above 5.20% for the first time since 2007, while shorter-dated yields fell, reflecting