DXY & Forex

According to Yonhap Infomax, interest rate swap (IRS) rates in Seoul's bond market fell across all tenors on July 16, led by gains in shorter-dated segments. The 1-year IRS rate fell 2.50 basis points to 3.4350%, while the 5-year segment dropped 2.00bp to 4.0325% and the 10-year declined 1.50bp to 4

On July 14, the U.S. Bureau of Labor published June 2026 CPI data. June’s CPI year over year, not seasonally adjusted, rose 3.5%, below the market expectation of 3.8% and significantly down from the prior value of 4.2%. Core CPI rose 2.6% year over year, also below the expectation of 2.8% and the prior value of 2.9%. Seasonally adjusted CPI fell 0.4% month over month, the largest one-month drop since April 2020, and the first time in six years that CPI has shown negative month-over-month growth.

The South Korea government is preparing amendments to the Korea Investment Corporation Act to enable KIC to invest in domestic won-denominated assets. The legislative changes will establish a separate domestic strategic investment account within KIC by year-end, transforming the institution into a '

According to Citibank, South Korea's central bank is expected to raise its benchmark rate by 25 basis points in both July and August (today July 16), citing robust Q2 GDP growth and sustained demand-side inflation pressures. Citibank economist Kim Jin-wook raised the central bank's Q2 GDP forecast t

According to Yonhapinfomax, on July 16, the one-year FX swap point in South Korea rose 0.20 won to -13.90 won amid a narrowing Korea-U.S. rate differential. The six-month maturity climbed 0.10 won to -7.10 won, while the three-month increased 0.15 won to -3.15 won. The move reflected

According to Jin10, the Eurozone's May trade deficit widened to €50 billion (seasonally adjusted), marking the largest deficit since January 2023, driven by surging energy imports and weakening export growth. Energy trade deficit reached €303 billion in May, significantly above the pre-conflict

The eurozone's seasonally adjusted trade balance turned to a deficit of €4.97 billion in May, compared with a surplus of €1.3 billion in the prior month.

Italy's trade surplus reached EUR 4.793 billion in May, up from EUR 4.293 billion in the previous month, according to official data.

The Bank of Korea raised its benchmark interest rate on the 16th for the first time in 3 years and 6 months, marking the start of a formal rate hike cycle. The bond market responded in the opposite direction, with short-term bonds showing notable strength as concerns over potential back-to-back rate

From 08:15 to 08:30 (UTC) on July 16, 2026, BTC rose modestly by 0.33% over 15 minutes. The trading range was 63,890.3–64,166.4 USDT, with a swing of 0.43%. Despite the small short-term gain, BTC is still down about 0.53% over the past 24 hours. The current quote is $64,250, and overall the market is clearly under pressure. The key drivers behind this unusual move are the sharp escalation in the US–Iran military conflict. The US has reinstated a maritime blockade against Iran and, for the first

Onshore yuan against the U.S. dollar closed at 6.7678 as of 16:30 Beijing time on July 16, up 33 pips from the previous trading day's official close and 19 pips from the previous night session close.

The UK Office for National Statistics (ONS) reported that May real gross domestic product (GDP) increased 0.1% month-over-month, matching market expectations. The growth was driven by a 0.3% expansion in the services sector, partially offset by a 0.5% decline in production and a 0.8% decline in

According to Jin10, Bank of England Deputy Governor Briden said on July 16 that weak UK economic performance has lowered the risk of inflation stickiness, signaling no immediate need for rate hikes. Briden, one of the more dovish members of the BOE's Monetary Policy Committee, has supported

Base Markets, a newly launched CFD broker regulated by Mauritius' Financial Services Commission, has entered the retail trading market with fixed commissions of $4 per standard FX lot round turn—among the lowest rates for MetaTrader 5 brokers. The company, founded by executives from regulated broker

The British Columbia Securities Commission accused For the People FX Inc. and its sole owner Robert George Henry Tyrer of operating a fraud after the regulator published a Notice of Hearing on 15 July alleging the company raised approximately C$2.6 million from 85 investors between January 2022 and

According to the British Columbia Securities Commission, on July 15, the regulator accused For the People FX Inc. and its sole owner Robert George Henry Tyrer of defrauding approximately C$2.6 million from 85 investors between January 2022 and May 2024. The BCSC alleges that of the C$2.6 million

JP Morgan revised its terminal rate forecast for South Korea to 3.75% from 3.50% after the Bank of Korea raised its base rate by 25 basis points to 2.75% on July 16, with economist Park Seok-gil stating the central bank is likely to implement another rate increase in August. The revision follows

The USD-JPY exchange rate remained flat in the Tokyo foreign exchange market on the afternoon of the 16th, trading at 162.122 yen as of 2:40 PM, up 0.01% from the previous session. The pair initially rose slightly as rising international oil prices—driven by escalating attacks between the US and