Track the US Dollar Index (DXY) and major currency pairs to analyze how dollar strength, liquidity expectations, and interest rate spreads impact BTC, stablecoins, and global crypto pricing.
The U.S. 8-week Treasury bill auction on July 23 recorded a bid-to-cover ratio of 2.31, down from 2.84 in the previous auction. This metric indicates the demand relative to the amount of bills offered.
Korean retail investors purchased a net $2.97545 billion in US stocks from the 1st to 22nd of this month, marking the largest net purchase in five months. The surge followed a decline in the won-dollar exchange rate from 1555.8 won on the 2nd to 1466.8 won as of 3:30 PM on the 23rd, and increased
Swap market pricing shows a 100% probability of the Bank of England increasing rates by 51 basis points by year-end, the first upward revision since July 14, up from Wednesday's forecast of 44 basis points. This reflects strengthened market expectations for prolonged tight monetary conditions as
The European Central Bank (ECB) held all three policy rates steady at its July 23 monetary policy meeting. The deposit rate remained at 2.25%, the main refinancing rate at 2.40%, and the marginal lending rate at 2.65%. The ECB stated it is monitoring the impact of its June rate hike, when it
According to its official statement, the European Central Bank held all three key policy rates unchanged on July 23, following a 25 basis point increase across all rates in June. The deposit rate remains at 2.25%, the main refinancing rate at 2.40%, and the marginal lending rate at 2.65%. The ECB ci
According to Morgan Stanley, leveraged investors have reduced funding in U.S. Treasury basis trading by over $200 billion in recent months, with total capital currently standing at around $1 trillion. Basis trading, which exploits price differences between Treasury futures and spot bonds, has lost a
The US dollar strengthened on the 23rd, with the Dollar Index rising to 101.297 as of 8:03 AM Eastern Time, up 0.175 points or 0.173% from the previous close of 101.122, according to Yonhap Infomax. The currency gained as shipping disruptions in the Strait of Hormuz and Red Sea coincided with
According to Yonhap Infomax, on July 23, the U.S. Dollar Index (DXY) rose to 101.297, up 0.175 points (0.173%) from the previous close of 101.122, as shipping disruptions in the Red Sea and Strait of Hormuz drove up international oil prices. Pro-Iran Houthi forces claimed responsibility for
According to Yonhapinfomax, the USD/KRW exchange rate weakened to 1,472.80 Korean won on July 23, down 7.30 won from the previous close. South Korea's surprise stronger-than-expected Q2 GDP growth of 3.7% year-over-year provided support for the won, while foreign investors' net purchase of 2.13
Canadian Prime Minister Carney stated that Canada enters the trade dispute from a position of strength and will take all necessary measures to defend its interests.
From 13:45 to 14:00 (UTC) on July 23, 2026, BTC fell 0.32% over 15 minutes, with the price touching the $64,864.8–$65,145.1 range and the amplitude of 0.43%. Over the past 24 hours, BTC has cumulatively fallen by about 1.66%, with an intraday low of $64,820. Market attention has clearly risen, and volatility has increased. The main driver behind this unusual move is the continued escalation of the military conflict between the US and Iran compounded by rising expectations for a Fed rate hike in
According to Federal Reserve Bank of New York data, the secured overnight financing rate (SOFR) rose to 3.62% on July 22, up 1 basis point from 3.61% the previous day. The effective federal funds rate remained unchanged at 3.63%.
According to ECB President Christine Lagarde, the European Central Bank has not detected second-round effects from recent inflation pressures. While the central bank continues to monitor closely for such risks, Lagarde confirmed that direct and indirect impacts—such as effects on transportation
According to Jin10, ECB President Christine Lagarde said on July 23 that inflation risks are tilted to the upside. Energy shocks could intensify further, with broader price and wage impacts potentially exceeding current expectations, she said. Persistent high energy prices increase the likelihood