DXY & Forex

Germany's July harmonized consumer price index (CPI) rose to 2.8% year-over-year in its initial reading, matching economist forecasts. The figure represents an increase from June's 2.40%, according to official economic

According to Jin10, on July 30, the Bank of England outlined policy scenarios indicating future monetary decisions hinge on energy price movements. If energy prices hold near current market levels, rate hikes may be necessary to control inflation; if prices fall to early-July levels, gradual rate cu

On Thursday, the Bank of England reported that its quantitative tightening (QT) program—asset reduction from its balance sheet—has raised UK 10-year gilt yields by 0.2 to 0.3 percentage points, exceeding its prior forecast of 0.15 to 0.25 percentage points, according to its July 30 monetary policy r

Ukraine's central bank governor warned that the country may face a $2.5 billion export revenue shortfall in the second half of 2026, according to the official statement.

According to Jin10, on July 30, PBOC Governor Pan Gong-sheng met with Governor Suleimenov of the National Bank of Kazakhstan and Head Abelkasemova of the Financial Market Authority. The two sides exchanged views on global economic and financial conditions and bilateral financial cooperation.

On the early morning of July 30, 2026, Beijing time, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) released its latest interest-rate decision, voting 9 to 3 to keep the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marks the Fed’s fifth consecutive “hold steady” decision within the year, but the voting split shifted sharply from unanimity at the June meeting to 9 to 3. Three regional Fed presidents cast dissenting votes, arguing for a 25 bps rate hik

UK 2-year gilt yields fell 8 basis points to 4.37% today.

According to the Bank of England, private sector regular wage growth is forecast at 3.0% in Q4 2026, rising to 3.1% in Q4 2027 and remaining at 3.1% in Q4 2028.

The Reserve Bank of India sold about $7 billion last Friday to defend the rupee, Bloomberg reported citing people familiar with the matter. The intervention came as the rupee slid close to its May record low of 96.96 per dollar. The currency traded at 95.6 per dollar on Thursday, about 1.4% from its

According to Bloomberg, the Reserve Bank of India sold approximately $7 billion last Friday (July 25) to defend the rupee, citing people familiar with the matter. The rupee traded at 95.6 per dollar on Thursday, approximately 1.4% away from its record low, with the currency falling 5.87% against the

The Bank of England's central forecast, based on market expectations for energy prices and interest rates, indicates rate increases of 25 basis points in the fourth quarter of 2026 and another 25 basis points in 2027.

According to the Bank of England's Monetary Policy Committee, recent data shows clear signs of inflation falling back. The committee stated that second-round effects have not yet become apparent, though it remains cautious about future

According to the Bank of England, consumer price index inflation is forecast to fall below the 2% target in the first quarter of 2028, based on the central bank's latest economic projections.

Market pricing shows traders have increased bets on Bank of England rate hikes by year-end 2026, with the market pricing in a cumulative 39 basis points of increases in the remainder of the year.

Ukraine's National Bank raised its benchmark interest rate to 15.5% on July 30, up from the previous level of 15.00%, marking a 0.5 percentage point increase.

BoE Governor Andrew Bailey said the recent decline in inflation has proceeded faster than expected, but prices are set to rise again later this year. Bailey stated the central bank will ensure any increase remains

The Bank of England's Monetary Policy Committee voted to raise interest rates on July 30, with three members voting in favor compared to two expected. The decision exceeded market consensus of two votes, signaling a slightly hawkish stance compared to prior

Following the Bank of England's rate decision announcement, sterling rose 13 pips against the dollar, with GBP/USD trading at 1.3394.

The Bank of England's Monetary Policy Committee voted to maintain interest rates unchanged on July 30, with 6 members supporting the decision against expectations of 7 votes, compared to 7 supporting votes in the previous decision.

The Bank of England will release its interest rate decision at 7 PM Beijing time today (July 30).