DXY & Forex

On Thursday (July 23) in late New York trading (04:59 Beijing time Friday), the offshore Chinese yuan (CNH) traded at 6.7775 against the U.S. dollar, down 24 pips from Wednesday's close. Intraday trading ranged between 6.7676

The German 10-year Bund yield, serving as the eurozone government bond market benchmark, reached a 15-year high on July 23 (local time) amid surging international oil prices. The yield closed at 3.2304%, up 2.81 basis points from the previous session — the highest level since May 2011. The rise

According to Yonhapnews, German Bund 10-year yields reached 3.2304% on July 23, their highest level since May 2011, driven by surging international oil prices and monetary policy expectations. Brent crude briefly exceeded $100 per barrel for the first time since May 26, amid escalating U.S.-Iran

According to Kitco, spot gold fell to $4,066.82, down 1.52%, while silver dropped to $58.06, down 2.75% Thursday morning, as rising Treasury yields, a firmer U.S. dollar, and crude oil prices above $90 a barrel offset safe-haven demand from escalating U.S.-Iran tensions in the Strait of Hormuz.

On Thursday, July 23, non-dollar currencies declined broadly following the European Central Bank's decision. The South African rand fell 2.66% against the U.S. dollar, the steepest decline among major currency pairs. The New Zealand dollar fell 0.82%, while the Mexican peso declined 0.77%. The

The US Treasury on July 23 (local time) auctioned $21 billion in new 10-year Treasury Inflation-Protected Securities (TIPS), with the yield settling at 2.438%—the highest level since October 2008. The yield came in 2.8 basis points above the when-issued trading level, reflecting

According to the U.S. Treasury, the 10-year Treasury Inflation-Protected Securities (TIPS) auction held on July 23 settled at a yield of 2.438%, up 26.9 basis points from May's 2.169% and marking the highest level since October 2008. The bid-to-cover ratio declined to 2.30 times from the previous au

On Thursday (July 23), U.S. Treasury yields rose across the curve. The 2-year yield gained 5.35 basis points to 4.3512%, while the 10-year yield climbed 4.27 basis points to 4.6972%. The 30-year yield increased 2.21 basis points to 5.1669%. The 2/10-year spread narrowed by 1.072 basis points to 34.3

According to ICE, on Thursday July 23 (New York close), the ICE Dollar Index rose 0.33% to 101.458, approaching the June 24 high of 101.800. The index declined slightly during Asia-Pacific trading before surging to a daily high of 101.544. USD/JPY climbed 0.40% to 163.80, moving closer to peaks

According to Yonhapinfomax, the USD/KRW exchange rate fell 5.2 won to 1,474.90 won in overnight trading on July 24 (Korea time), rebounding from intraday lows but remaining up 8.1 won from the previous session's close of 1,466.80 won. The currency movement was driven by strong U.S. labor market

Canadian Prime Minister Carney said this week that Canada's interactions with the United States demonstrate the breadth and depth of bilateral engagement, underscoring the significance of the two countries' trade

Onshore yuan (CNY/USD) traded at 6.7777 against the U.S. dollar at 3:00 a.m. Beijing time on July 23, down 27 points from Wednesday's night session close. Trading volume reached 30.712 billion U.S. dollars.

According to market sources, European Central Bank policymakers will discuss raising reserve requirements, implementing tiered deposit rates, and adjusting fee mechanisms. The discussions come amid growing political sensitivity surrounding the ECB's balance sheet

According to Morgan Stanley, reported by Bloomberg, the bank recommends buying Japanese 10-year government bonds as yields approach 3%, according to Matthew Hornbach, head of global macro strategy. At a 3% nominal yield with an assumed baseline inflation rate of 1%, the real interest rate would

On July 23, the Federal Reserve's overnight reverse repurchase agreement (RRP) usage increased to $904 million, involving 6 counterparties, up from $376 million in the previous trading day.

According to Yonhapinfomax, on July 23 (U.S. Eastern Time), U.S. 10-year Treasury yields rose 4.70 basis points to 4.704%, while 2-year yields climbed 5.60 basis points to 4.358%. The 30-year yield increased 3.40 basis points to 5.180%. Geopolitical tensions in the Middle East, including threats to

According to BlockBeats and CME data, on July 24, three macroeconomic pressures pushed markets into turmoil: crude oil touched $100, the 10-year Treasury yield surged to 4.7%, and the dollar index climbed above 101. These moves have elevated the probability of a Federal Reserve rate hike next week t

On July 23, German 2-year Bund yields rose 4.3 basis points to 2.885%, trading within a 2.854%-2.906% range throughout the session. The yields dipped about 2 basis points after the European Central Bank held rates steady at 20:15 CET. German 10-year Bund yields gained 3.2 basis points to 3.203%,

According to Bloomberg, European Central Bank President Christine Lagarde pledged on July 23 to remain in office until 2027, setting the stage for a formal leadership succession contest within the next five months. The commitment marks her clearest forward guidance on a potential departure and

On Thursday (July 23), UK 10-year gilt yields rose 6.9 basis points to 5.104%, with 2-year yields climbing 6.8 basis points to 4.490%. Both contracts accelerated higher as of late European session, with 10-year yields reaching 5.122% by 23:32 UTC and 2-year yields hitting a daily high of 4.507% at t