DXY & Forex

The Federal Reserve's Federal Open Market Committee (FOMC) will hold a press conference on July 29 at 2:30 AM Eastern Time.

On Wednesday, July 22, the Federal Reserve's overnight reverse repurchase (RRP) facility usage stood at $376 million with 2 counterparties, up from $275 million recorded on the previous trading day.

According to CME's Federal Reserve Watch tool, as of July 23, the probability of the Federal Reserve holding rates unchanged in July stands at 68.5%, while the probability of a 25 basis point rate hike is 31.5%.

According to Deutsche Bank, Japan's policy priorities may need to shift from supporting the yen to controlling government bond yields to support its growth objectives. Japanese Prime Minister Sanae Takeda unveiled a $2.3 trillion growth strategy last month, marking what the bank describes as a

The U.S. 20-year Treasury auction on July 22 settled at a yield of 5.163%, compared to 4.93% in the previous auction, marking an increase of 23 basis points.

The U.S. Treasury sold $13 billion in 20-year bonds at a yield of 5.163%, compared to 4.927% at the previous auction on June 16. The bid-to-cover ratio stood at 2.64, down from 2.75 in the prior sale.

On July 22 at European market close, German two-year bond yields rose 3.9 basis points to 2.842%, trading within a 2.806%-2.856% range and extending gains since 17:07 Beijing time. The 10-year yield climbed 0.8 basis points to 3.171%, oscillating between 3.164%-3.192%. The 2/10 year yield spread

According to Yonhapinfomax data, on July 22 at 8:37 a.m. ET, the U.S. 10-year Treasury yield rose 1.20 basis points to 4.64%, while the 2-year yield climbed 0.80bp to 4.272% and the 30-year yield increased 1.00bp to 5.14%. The Treasury market continues to reflect inflation concerns amid ongoing U.S.

On July 22, the U.S. 4-month Treasury bill auction yield reached 3.845%, up from 3.75% in the previous auction.

The U.S. 4-month Treasury bill auction held on July 22 saw the bid-to-cover ratio decline to 2.76, down from 3.35 in the previous auction.

The U.S. 4-month Treasury auction on July 22 saw its bid-to-cover ratio rise to 63.29%, up sharply from 21.99% in the previous auction, indicating stronger demand for short-term government debt.

According to U.S. Trade Representative Grier, he spoke with Canadian trade officials yesterday (July 21). Canada was not given advance notice of the Trump administration's plan to impose 50% tariffs on the

Between 14:15 and 14:30 UTC on July 22, 2026, BTC saw a sharp short-term drop of 0.42%, with a price range of 65,594.0–65,905.6 USDT and an amplitude of 0.47%. Earlier, BTC fell from the intraday high of $66,654 to around $65,928, with a cumulative 24-hour drop of 1.22%. Trading volume is extremely thin (only 286 BTC on the 4-hour candlestick chart), order book depth is very shallow, and both sides are concentrated in a narrow price range—small amounts of capital are enough to trigger short-term

On July 22, 2026, the U.S. Dollar Index (DXY) continued its upward trend, rising for the fourth consecutive trading day and briefly trading above the 101 level intraday. Prior to that, over the previous week the DXY had been hovering around 100.76; within just a few days, the dollar completed the shift from consolidation to breakout. This leg of dollar strength was directly triggered by two directions. One was the rapid escalation of geopolitical risk in the Middle East—U.S. forces launched atta

UK gilt yields rose on the 22nd despite cooling inflation, with the 10-year yield reaching 5.0512% at 8:16am local time, up 1.60 basis points from the previous session. June consumer price index data showed inflation rising 2.6% year-over-year, below the 2.7% market forecast. The increase reflects i

According to Yonhapinfomax, UK 10-year gilt yields rose to 5.0512% on July 22, up 1.60 basis points from the previous close, while 2-year and 30-year yields increased 1.45bp and 0.60bp respectively. The rise occurred despite June consumer price inflation cooling to 2.6% year-over-year, below

According to Jin10, on July 22, HSBC strategy chief Dhiraj Narula said long-term U.S. Treasury Inflation-Protected Securities (TIPS) offer investment value as yields reach levels not seen in decades. Real interest rates have surged in recent weeks while inflation break-even spreads have fallen

The U.S. 2-year Treasury yield reached 4.29% today, up 3 basis points, marking its highest level since February 2025.

According to World Bank Chief Economist Indermit Gill on July 22, a renewed escalation of conflict between the United States and Iran could raise inflation and interest rates, potentially pushing global economic growth down to 1.3% this

According to New York Federal Reserve data, the overnight secured financing rate (SOFR) rose to 3.61% on July 21, up 4 basis points from 3.57% the previous day. The federal funds rate remained unchanged at 3.63% for the second consecutive trading day.