DXY & Forex

According to Yonhap Infomax, on July 23, the JPY/KRW exchange rate broke below 900 won for the first time in approximately 20 months, trading at 898.90 won per 100 yen as of 2:38 p.m. The rate hit a low of 898.41 won near noon. This marks the first time the pair has fallen below the 900 won level

According to market pricing on July 23, the European Central Bank is expected to raise interest rates twice by the end of 2026 at 25 basis points per hike, with market probability at 100%. Market participants are also increasing bets on Bank of England rate hikes, with 100% probability priced in

German 10-year government bond yields (Bunds) reached 3.2014% on July 23, marking the highest level since 2011. The yield surge reflects recent monetary policy shifts and broader European fixed-income market

According to China's Ministry of Commerce (as reported by Xinhua News Agency), China and the U.S. are soliciting opinions on tariff reduction arrangements and will expedite implementation. The announcement was made on

German 10-year government bond yields rose to 3.198%, reaching a two-month high.

The USD/KRW exchange rate closed at 1466.8 won on July 23, dropping 13.3 won from the previous close of 1480.1 won. The Korean won strengthened as Alphabet reported better-than-expected Q2 earnings and raised its annual capital expenditure outlook, while Korea's Q2 GDP growth of 0.6%

According to News1, the USD/KRW exchange rate fell 13.3 won to close at 1,466.8 on July 23, as Alphabet's better-than-expected Q2 results and South Korea's Q2 GDP growth of 0.6% (exceeding the 0.4% forecast) lifted risk appetite and bolstered the Korean won. Foreign investors net-bought 2.135

The USD/JPY exchange rate tested support just above the 163 yen level on July 23rd, trading at 163.052 yen as of 1:41 PM, down 0.04% from the previous session. Japanese Finance Minister Katayama Satsuki issued verbal intervention warnings for the second consecutive day, stating authorities would

According to Yonhapinfomax, the USD/JPY exchange rate traded at 163.052 yen on July 23, down 0.04% from the previous day. Japan's Finance Minister Katayama Satsuki reiterated strong resolve to counter further yen weakness if needed. Market expectations of faster-than-anticipated rate hikes by the

Citi forecasts the Bank of Korea will raise its benchmark interest rate by 25 basis points in August, following a July hike, according to a report released July 23 by Citi economist Kim Jin-wook. The projection follows strong second-quarter GDP and GDI growth data. Kim cited historical precedent

According to Citi economist Kim Jin-wook on July 23, the Bank of Korea is expected to raise its base rate by 25 basis points in August following a similar increase this month, driven by strong second-quarter GDP and GDI growth. Citi raised its 2026 nominal GDP growth forecast to 20.7% from 15.5%,

According to market surveys and central bank announcements on July 23, the European Central Bank is expected to hold interest rates steady today, with economists anticipating another rate hike in September. Separately, a Reuters survey shows 86% of economists expect the Bank of Japan to raise rates

According to Jin10, six major foreign exchange options with notional values exceeding 1 billion each are set to expire on July 23 at 22:00 Beijing time. The expiring options involve multiple currency pairs including EUR/USD, USD/CHF, AUD/USD, and GBP/USD, with multiple strike

According to Commerzbank strategist Rainer Guntermann, the euro zone government bond market may ease Thursday (July 23) as the European Central Bank is expected to hold rates unchanged and President Christine Lagarde has not pre-committed to a rate hike in September. Current money markets expect the

According to a Reuters survey covered by Jin10 on July 23, 86% of economists predict the Bank of Japan will raise interest rates before end-December, with a potential move as early as October. The central bank is expected to increase rates by 25 basis points to 1.25%, with ongoing hikes

According to Jin10, Denmark's Danske Bank highlighted rising market attention to 30-year U.S. Treasury yields, which have climbed to 5.15%, up 3 basis points and near 2-month highs. The increase reflects inflation pressures from escalating Middle East tensions, which pushed Brent crude oil close to

According to Seoul Foreign Exchange Brokerage, the Korean won weakened against the U.S. dollar on July 23, touching 1,460 won per dollar for the first time in about two and a half months. As of 2:18 p.m. local time, the KRW/USD rate stood at 1,468.25 won, down 9.05 won from the previous trading

According to Helaba analysts, rising energy prices amid heightened tensions in the Arabian Gulf are unlikely to satisfy central bankers, with the European Central Bank set to announce its monetary policy decision later today, July 23. While there are currently no clear signals of an imminent ECB

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has dropped by 3.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

South Korea's National Pension Service (NPS) Fund Management Headquarters, which manages 1,600 trillion won in assets under management (AUM), is implementing stricter internal discipline measures following internal misconduct allegations. The foreign exchange operations team has recently minimized f