DXY & Forex

Fed Chair Kevin Warsh testified before the House and Senate this week, marking his first appearance on Capitol Hill since taking office. Both Democratic and Republican lawmakers expressed concern that U.S. inflation remains too high, despite June's Consumer

According to Societe Generale strategist Kiyong Seong, the Bank of Korea raised its benchmark rate by 25 basis points on July 16, with signals indicating a potential consecutive rate hike in August. Although Governor Rhee Chang-yong's remarks were viewed as hawkish, markets had previously

CME's foreign exchange futures trading volume report was updated on July 15, according to Jin10 Data Center. The latest data is now available for review.

According to TruStage chief economist Steve Rick, U.S. PPI data came in below forecast on July 16, a positive development for the Federal Reserve. Rick noted that the softer price data suggests inflation may be gradually approaching the Fed's target and could reinforce market expectations that

According to South Korea's Ministry of Finance, the country's finance minister is scheduled to hold a market meeting on Thursday afternoon (July 17).

According to his Congressional testimony this week, Federal Reserve Chair Kevin Warsh reaffirmed his commitment to bringing inflation back to target but declined to disclose what tools the Fed would deploy, marking a striking contrast to other Fed officials who have outlined their policy positions a

According to a Bank of Japan survey, Japanese households forecast inflation will rise by an average of 10.8% over the next five years, with a median expectation of 5.0%.

According to a Bank of Japan survey, 86.1% of Japanese households expect prices to rise within five years, up from 82.6% in a previous survey.

According to the Bank of Japan's June quarterly survey, 90.4% of Japanese households expect prices to rise in one year, compared to 83.7% in the previous survey, reflecting heightened inflation expectations among

The Bank of Korea raised its benchmark interest rate to 2.75% on July 16, according to its monetary policy committee decision. Consumer price inflation accelerated to 3.0% in the second quarter, driven by surging crude oil prices and a weaker Korean won, marking a sharp increase from the previous qu

According to Yonhap Infomax, the USD/JPY exchange rate fell to 162.062 as of 10:45 AM KST on July 16, down 0.03% from the previous close. The pair declined from around 162.2 yen at the session open to a low of 162.027 yen, pressured by comments from Japanese Finance Minister

According to Jin10 Data, on Thursday, July 16, most tenors of China's offshore interbank offered rates (CNH HIBOR) declined. The two-week rate fell to 1.46849%, while the overnight HIBOR rose slightly to 1.43939%. The one-week rate held steady at 1.45000%, and the one-year rate remained at 1.71758%.

The BOK officially announced on July 16 that it would raise interest rates by 1 step (0.25 percentage point), increasing the benchmark rate from 2.5% to 2.75%. This is the first rate hike in more than three years and meets market expectations. BOK Governor Shin Hyun-soo cited four key risks—inflation, growth, the exchange rate, and financial stability—as pressing factors pointing in the same direction. A hot AI chip cycle is boosting semiconductor demand; inflation remains sticky and is pushing

Major financial institutions issued divergent US dollar forecasts following June consumer price index (CPI) and producer price index (PPI) releases that came in below market expectations. ING Bank, Brown Brothers Harriman (BBH), and Mitsubishi UFJ Financial Group (MUFG) presented contrasting views o

ING Bank forecasts inflation will slow through 2027 for four reasons, according to a statement on May 15 (local time). The bank cited potential oil price declines if US-Iran negotiations resume, housing cost deceleration showing sub-1% year-over-year growth, labor market rebalancing from 2022's

According to Yonhapinfomax, on July 15, Bank of America CEO Brian Moynihan said the U.S. economy functions best when nobody pays attention to Federal Reserve decisions, adding that focus should shift to the real economy rather than central bank actions. Speaking at the Axios House News Shapers

The Bank of Korea's Governor stated that the central bank will monitor the impact of the 24-hour Korean won non-deliverable forward (NDF) market on July 16. The move signals increased oversight of the expanded trading hours for won NDF

According to the People's Bank of China, credit outstanding growth slowed by 0.3 percentage points to 5.2% year-over-year in June, while social financing stock growth fell to 7.4% and M2 growth declined to 8.0%. To support economic recovery, the PBOC increased liquidity operations, injecting 700

Financial Supervisory Service (FSS) Governor Lee Chan-jin directed monitoring of securities firms' credit financing and margin trading trends on the 16th, citing concerns that retail investor losses could expand amid stock market volatility following a 25 basis point base rate hike. The directive

According to Bloomberg, the British pound index rose 1% on Wednesday, July 16, reaching its highest level since July 2, 2025, following reports that Shabana Mahmood will be appointed UK Finance Minister under incoming Prime Minister Andy Burnham. The index maintained near this level during Asian