DXY & Forex

According to Jin10, the U.S. 10-year Treasury yield rose to 4.689% today (July 23), marking the highest level since January 2025.

According to Jin10, Zhu Hetao, Vice Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, attended the 31st Governors Meeting of the Executive Meeting of East Asia-Pacific Central Banks (EMEAP) on July 23. Central bank governors exchanged views on

According to Jin10, Turkey's central bank held its benchmark interest rate unchanged on July 23, marking the fourth consecutive decision to maintain policy unchanged. The decision came amid escalating Middle East tensions that have pushed Brent crude oil above $98 per barrel, fueling inflation

Turkey's one-week repo rate stands at 37% as of July 23, matching the prior week's level and aligning with market expectations.

Germany's 10-year bond yield surged to 3.21% on July 24, marking the highest level since 2011, as rising oil prices and inflation expectations drove market bets on European Central Bank rate hikes. The yield rose 3 basis points during the day. Traders currently expect the ECB to deliver

The People's Bank of China will conduct a 500 billion yuan Medium-term Lending Facility (MLF) operation on July 24, 2026, with a one-year maturity, according to the central bank's announcement. The operation will use fixed quantity, interest rate tender, and multiple price bidding methods to

According to Yonhapinfomax, on July 23, South Korea's interest rate swap (IRS) rates rose across all tenors. The 1-year IRS rate rose 0.25 basis points to 3.4775%, the 5-year climbed 1.00 basis point to 4.0925%, and the 10-year increased 1.00 basis point to 4.2175%. Market dealers noted mixed

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,466.80 Korean won today (July 23) in Seoul, marking its lowest level since May 7 and a sharp 13.30-won decline from the previous close. The currency has fallen approximately 94 won from its July 1 high of 1,559.20 won. The decline

Stock markets are rising despite global uncertainties, driven by significant sector rotations and fundamental economic shifts. This year, software, auto, consumer goods, and apparel stocks have fallen, while energy and hardware sectors have gained as investors adjust to new market dynamics. The shif

According to Mitsubishi UFJ analyst Lee Hardman, on July 23, the Japanese yen hit a 40-year low and the Swiss franc touched an 11-month low against the U.S. dollar. Since the U.S.-Iran conflict escalated in late February, both low-yielding

According to Yonhap Infomax, on July 23, FX swap points in South Korea rose across all maturities, driven by increased demand for won-denominated funding. The 1-year maturity swap point closed at -13.60 won, up 0.10 won from the opening; the

KB Securities said on the 23rd that consecutive rate hikes in August are unlikely despite Q2 GDP exceeding forecasts, as growth momentum slows. Researcher Lim Jae-kyun noted that if the GDP-GDI gap peaked in Q2, July inflation will likely remain subdued. Q2 real GDP rose 0.6% QoQ and 3.7% YoY,

The onshore yuan closed at 6.7706 against the US dollar at 4:30 p.m. Beijing time on July 23, up 34 points from the previous trading day's official close and 44 points from the prior evening session close.

According to a Reuters survey, Thai baht short bets reached their highest level since early April.

According to Francesco Pesole of ING on July 23, the euro is likely to decline in coming days despite potential European Central Bank signals of a September rate hike. The analyst forecasts the euro could fall to around $1.1380, citing the foreign exchange market's "dangerously complacent" stance to

Taiwan's M2 money supply growth accelerated to 8.13% year-on-year in June, up from 7.83% in May, according to monetary data.

According to CoinDesk, WTI crude oil hit $88.60 per barrel on July 22, marking the highest level since June 11, as geopolitical tensions between the U.S. and Iran intensify. The rally has revived concerns about inflation resurgence, potentially limiting the Federal Reserve's room for interest rate c

According to ING analysts on July 23, sterling could retreat further if UK short-term rates decline and fiscal risks resurface. The bank forecasts euro-sterling will reach 0.88 by end-2026 and 0.90 in 2027, driven by expectations that UK inflation may miss the 4% threshold for Bank of England rate h

According to Jin10 Data, on July 23, investors increased bets on UK rate hikes in November and December amid rising oil prices and inflation concerns. Markets are now fully pricing in a 25 basis point hike in November, with a 93% probability of a rate increase in December.

The KRW-JPY exchange rate in the Seoul foreign exchange market fell to 898.90 won per 100 yen at 2:38 PM on the 23rd, down 6.13 won from the previous session, driven by sustained Korean won strength. This marks the first time the rate has dropped below the 900 won threshold since