DXY & Forex

Italy's trade account with non-EU countries declined to 2.55 billion euros in June, down from 3.84 billion euros in the previous month, according to official trade statistics.

According to Chris Turner, ING analyst, on July 28, if the Swiss National Bank maintains zero interest rates this year, the Swiss franc may weaken further. Turner noted that low Swiss rates amid rising global yields have pressured the franc, making it attractive for carry trade funding. He

Mark Zandi, chief economist at Moody's Analytics, stated on the 27th (local time) via his X account that the Iran war's economic impact now extends beyond energy prices to monetary policy and long-term interest rates. Zandi explained the war has driven US borrowing costs higher, with 10-year

According to Moody's Analytics chief economist Mark Zandi on July 27, the economic fallout from the Iran war has expanded beyond energy prices to U.S. monetary policy and long-term interest rates. The 10-year U.S. Treasury yield has risen from below 4% pre-war to near 4.7%, while 30-year fixed-rate

According to Lin Weilong, director of China's Ministry of Commerce Policy Research Office, China rejects recent EU concerns over yuan undervaluation on July 28. Lin stated that discussing alleged currency issues is not conducive to stable development of China-EU economic and trade relations. China-E

According to Prism via Jin10, dissenting votes at this week's Federal Reserve meeting will be closely watched as a gauge of internal disagreement within the Federal Open Market Committee. The bank expects a vote of 10 in favor and 2 opposed, with Logan and Hammack voting against, advocating for a 25

According to the IMF's latest financial system stability assessment released this month, Brazil's cryptocurrency-based cross-border flows have surpassed traditional capital movements since 2017. The flows are predominantly driven by stablecoins, with businesses and individuals using them for

According to LGT Asia Private Banking, on July 28, the USD/JPY trading range is forecast to shift higher to 157–165 yen from the previous 155–160 yen. The two experts cited multiple factors driving the change, including the significant interest rate differential between the U.S. and Japan,

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