DXY & Forex

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

According to Polymarket on July 26, the Federal Reserve's July interest rate decision is priced at a 71.2% probability of maintaining current rates, with only 27.6% odds of a 25 basis point increase. The shift reflects growing market confidence in inflation stabilization, with economists citing

According to Guru Club, precious metals prices declined today (July 28) as market expectations for a potential Federal Reserve rate hike during its upcoming policy meeting intensified. The U.S. dollar index surged to its highest level in about a month, directly suppressing gold and silver prices

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) rebounded on Tuesday, with overnight HIBOR rising 6 basis points to 1.25879%, temporarily moving away from near two-month lows. One-week HIBOR held steady at 1.40000%, two-week HIBOR fell to 1.43379%, and

According to Yonhapinfomax on July 27, President Trump criticized Federal Reserve board members as "very political," signaling he may target them if the central bank raises interest rates instead of cutting them as he demands. Aboard Air Force One en route to Michigan, Trump praised Fed Chair

Ahead of the FED’s July 29 interest-rate decision, the interest-rate swap market assessed the probability of a rate hike at about 40%, and most traders still favored holding steady. In a report first disclosed by Bloomberg, Citadel Securities’ Chief Macro Strategy Officer, Fleurte, said bluntly: “The market may be underestimating the FED’s hawkish resolve this time. This meeting could be hiding a surprise.” Citadel Securities’ Fleurte’s Three-Tier Logic: Why Moving Early Beats Moving Late Accord