DXY & Forex

The UK's consumer price index (CPI) declined to 2.6% year-over-year in June, down from 2.8% in May.

UK headline inflation fell to 2.8% year-on-year in June, down from 3.0% in May, according to latest data from official statistics.

UK June unadjusted input Producer Price Index fell 2% month-on-month, missing the forecast of -0.6%. The prior month reading was revised upward to 0.6% from 0.20%.

Robin Brooks, a senior fellow at the Brookings Institution and former Goldman Sachs foreign exchange strategist, stated on the 21st (local time) through his blog that Japan is in a very serious situation, warning that long-term Japanese government bond (JGB) yields could surge to double-digit

According to Robin Brooks, a Brookings Institution senior fellow and former Goldman Sachs FX strategist, on July 21, Japan faces a critical debt crisis. Brooks warned that without continued Bank of Japan (BOJ) purchases of government bonds, long-term interest rates could surge uncontrollably to

According to Santander CIB on July 22, eurozone short-end deposit rates are expected to remain in the 2.50% to 2.75% range as long as oil prices stay within the European Central Bank's moderate scenario assumptions, according to Antonio Garcia Pascual, the bank's global economics head. The bank

According to Jin10, Morgan Stanley strategists recommended a cautious stance on U.S. short-end Treasury duration on July 22. The two-year Treasury yield fell 0.8 basis points to 4.252%, staying close to its July 14 multi-month high of 4.298%. Strategists said they prefer to remain patient given

UK June CPI and retail price index month-on-month figures will be released in 10 minutes.

According to a Franklin Templeton report cited by Jin10, the European Central Bank is expected to raise rates for the last time in September, then hold steady to assess the impact of recent tightening measures. David Zahn, head of European fixed income at Franklin Templeton, noted that inflation is

According to Yonhapnews, South Korea's long-term government bond yields surged to historic highs on July 21-22, with 20-year bonds reaching their highest level since May 2011 and 30-year and 50-year bonds setting all-time records. The 20-year yield rose 2.9 basis points, while 30-year and 50-year yi

According to Yonhap Infomax, on July 22, the Korean won strengthened against the U.S. dollar to 1,481.10 won, up 7.7 won from the previous close, but further gains were capped by active currency-selling from exporters and close monitoring by authorities. The won climbed to 1,482.20 won earlier in th

According to Kenanga Investment Bank economists in a report on July 22, Malaysia's economic outlook is not expected to change significantly if the proposed U.S. 301 tariffs are implemented. The new 10% tariff will replace, rather than stack on top of, temporary tariffs under Section 122, keeping the

Several key economic indicators and corporate earnings are scheduled for July 22 (Beijing Time). UK June CPI data releases at 14:00, followed by Indonesia's central bank interest rate decision at 15:20. The European Central Bank will announce its interest rate decision at 20:15, including the main r

State Street Chief Economist Simona Mocuta released a report on July 21 (local time) stating the Federal Reserve does not need to raise interest rates this year based on housing and labor market conditions. Mocuta explained that while housing and labor markets send different signals about Fed

According to Simona Mokuta, chief economist at State Street, on July 21, the U.S. Federal Reserve has no need to raise rates this year given conditions in the housing and labor markets. The June unemployment rate stood at 4.2%, matching the Federal Reserve's estimated non-accelerating inflation rate

According to Yonhapinfomax, South Korea's benchmark interbank rates moved on July 22. The 1-month Koribor rate rose 0.01% to 2.81%, while the 3-month rate fell 0.01% to 2.99%. The 12-month rate declined 0.01% to 3.71%.

The U.S. Dollar Index is trading at 101.14 today, down 0.07% intraday.

According to Jin10, Japan's 40-year government bond auction on July 22 drew the strongest demand since March 2025, with a bid-to-cover ratio of 2.82x, up from 2.702x in the previous auction and above the 12-month average of 2.55x. The 40-year yield currently stands near 3.895%, well below the May

Most Korean government bond money market funds (MMFs) are showing negative deviation rates as of July 21, raising concerns that redemption risk could increase if the Bank of Korea implements back-to-back interest rate hikes in July and August. The negative deviation rates, which measure the gap

According to Yonhapinfomax on July 22, major South Korean government bond money market funds (MMFs) are uniformly displaying negative discount rates, with some funds' rates reaching as low as -0.09%, reflecting elevated market bond yields. The widening negative rates have raised concerns that the