DXY & Forex

According to Swift data, China's yuan accounted for 3.1% of global payments in June, rising from 2.75% in the previous month.

On July 23, Bitcoin rose to $66,180, but the rebound momentum clearly slowed. Semiconductor stocks have gained 69% since the beginning of 2026, while Bitcoin is down 25% over the same period, showing a structural split in fund flows. The main macro factors suppressing the rebound span three areas: the Federal Reserve’s June meeting minutes directly attributing inflation pressure to AI investments; the 10-year U.S. Treasury yield nearing 4.66%; and ongoing geopolitical risk in the Strait of Hormu

According to Yonhap Infomacs, on July 23, South Korea's credit card and capital companies faced tightened conditions as mid-tier loan rate ceilings were lowered. Card companies' ceiling rates fell from 12.33% to 12.26% for the second half of the year, while capital firms' rates dropped from 15.50% t

According to Yonhapinfomax, South Korea's bond market faced weakness on July 23 as foreign investors sold approximately 8,000 3-year government bond futures contracts, the day before the release of Q2 national income statistics. Market participants expect the data to exceed consensus forecasts,

According to analysts reported by Jin10, on July 23, gold and silver prices continued to rise amid geopolitical tensions and shifting liquidity conditions. However, analysts from Haitong Futures and Zhongsheng Futures noted that the rebound height may be limited as markets await further clarity on t

Japan's 10-year government bond yield rose 2.0 basis points to 2.755% on July 23.

The USD-KRW 1-month Non-Deliverable Forward (NDF) contract closed at 1,476.50 won (MID) in the New York market on the 23rd, according to overseas brokers, marking a 2.90 won decline when adjusted for the recent 1-month swap point of -0.70 won against the Seoul spot market close of 1,480.10 won. The

According to overseas brokers, the USD/KRW 1-month NDF fell to 1,476.50 won overnight (July 22), down 2.90 won from Seoul's spot market close of 1,480.10 won. The decline was driven by dollar weakness, euro strength, and expectations of a positive surprise in South Korea's second-quarter GDP data.

According to Daishin Securities, the yen-dollar exchange rate surpassed 163 yen this morning, marking the lowest level since the mid-1980s. The weaker yen reflects structural tensions between the Bank of Japan's monetary policy normalization efforts and Japan's Ministry of Finance attempts to

The US dollar declined against major currencies on the 22nd, with the dollar index falling 0.056% to 101.122 as of 4pm Eastern Time in New York trading. The euro strengthened amid surging natural gas prices and speculation over a European Central Bank rate hike, while concerns over prolonged

According to Yonhap Infomax, the U.S. dollar index fell to 101.122 on July 22 afternoon (ET), down 0.057 points (-0.056%). The euro rose 0.084% to 1.14112 against the dollar, while dollar-yen fell to 163.148. Euro strength reflected elevated inflation concerns in the eurozone following surging

William J. Watkins, Jr., a research fellow at the Independent Institute, argues the U.S. dollar is backed by government power rather than gold, as the national debt nears $40 trillion. Watkins told Kitco News the country drifted from the founders' constitutional design of hard money and limited

According to CME FedWatch tool data, the Federal Reserve has a 65.3% probability of maintaining interest rates at its July FOMC meeting, with a 34.7% probability of a 25 basis point rate hike. For September, the probability of holding rates steady stands at 22%, while a 25 basis point cumulative in

According to constitutional scholar William J. Watkins Jr. in an interview with Kitco News, the U.S. dollar is backed by governmental coercive power rather than tangible assets as the national debt approaches $40 trillion. Watkins, a research fellow at the Independent Institute, argued that the

US Treasury yields rose for a second consecutive day on the 22nd (US Eastern time) afternoon, with short-term maturities showing relative weakness. The 2-year yield reached 4.3020% at 3pm, up 3.80bp, marking the highest level since February last year. The 10-year yield stood at 4.6570%, up 2.90bp.

Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, characterized gold as essential insurance against currency crises, inflation overreaction, and dollar devaluation, as markets experience a dollar resurgence following gold's late January highs near $5,600 per ounce. Forbes attributed the do

The dollar weakened slightly on July 22 as the U.S. Dollar Index (DXY) dropped 0.03% to 101.13, pausing after reaching a one-week high the previous day. The decline was limited by escalating Middle East tensions and rising oil prices. Tensions between the U.S. and Iran intensified as President

According to Steve Forbes, Chairman and Editor-in-Chief of Forbes Media, gold prices have declined significantly since reaching near $5,600 per ounce in late January, but this reflects a rally in the U.S. dollar rather than a loss of gold's intrinsic value. Forbes stated that the dollar's strength s

According to YNA Infomax data, on July 22 (3 p.m. ET), the U.S. 2-year Treasury yield climbed to 4.3020%, marking its highest level since February 2025, while Fed funds futures reflected a 33.7% probability of a rate hike at next week's FOMC meeting (July 28-29), up from roughly 20% a day earlier. T

According to market data, offshore Chinese yuan (CNH) fell 62 pips to 6.7751 against the U.S. dollar on Wednesday (July 22), New York close. The pair traded within a range of 6.7678–6.7761 during the