DXY & Forex

Traders are increasing their bets on a European Central Bank rate hike by September, with the market now fully pricing in a 25 basis point increase for that month.

The US dollar declined slightly as of 7:55 AM ET on the 13th, with the dollar index falling to 100.196 from the previous close of 100.963. The decline occurred as crude oil prices reduced gains amid possibilities of diplomatic solutions to the ongoing US-Iran military conflict. The Japanese yen

Market pricing shows the European Central Bank rate hike expectations have been revised higher, with a 25 basis point increase by September now fully priced in by markets.

According to Yonhapinfomax, on July 13, the U.S. Dollar Index fell to 100.196 as Iran's foreign ministry signaled openness to diplomatic solutions amid escalating military tensions with the United States. WTI crude oil futures, which had climbed to $75.08, retreated to the $73 range following Iran's

According to Jin10, on Monday (July 13), Switzerland and the United Kingdom reached an agreement on an updated free trade accord, concluding negotiations that began over three years ago. The pact builds on a 2023 financial services agreement and covers finance, technology, pharmaceuticals, and

According to Jin10, major currency pairs displayed varied performance on July 13, 2026 (Monday).

According to Russia's Central Bank, the country recorded a trade surplus of $14.15 billion in May.

According to Bloomberg, the Federal Reserve Bank of New York received no bids in its overnight repo operation on July 13.

Germany's current account recorded an unadjusted surplus of €10.368 billion in May, marking the smallest surplus since May 2025.

Germany's May unadjusted current account stood at 10.368 billion euros, down from 13.8 billion euros in April.

Deutsche Bank paid a A$2 million infringement penalty after Australia's corporate regulator alleged the bank systematically misreported more than 260,000 over-the-counter derivatives transactions between 21 October 2024 and 15 August 2025. The Australian Securities and Investments Commission said th

According to ASIC, Deutsche Bank paid A$2 million on July 13 after failing to accurately report the "direction" field for over 264,000 over-the-counter derivatives transactions between October 21, 2024, and August 15, 2025. The errors involved foreign exchange and commodity derivatives across 208

According to Barclays analysts on July 13, rising oil prices stemming from U.S. strikes on Iranian targets and Iranian attacks on shipping in the Strait of Hormuz over the weekend could prompt Bank of England monetary policy committee members to signal inclination toward interest rate increases in c

The USD-KRW exchange rate sharply declined during the London trading session on the 13th, briefly falling to the early 1,490 won range. As of 5:40 PM, the exchange rate stood at 1,496.00 won, down 5.40 won from the previous trading day's Seoul close of 1,501.40 won. The decline accelerated after

According to a Reuters survey, economists expect the Bank of Canada will not adjust its interest rate policy before 2027. Some economists noted they cannot rule out the possibility of future rate cuts.

India's Consumer Price Index rose to 4.38% year-over-year in June, surpassing the forecast of 4.20%. The inflation reading came in 18 basis points higher than expected.

According to MUFG analyst Lee Hardman, the U.S. June core inflation data to be released on Tuesday could trigger dollar weakness if readings show moderate pressure. Hardman noted that if core inflation remains subdued and energy inflation eases, market participants may pare back expectations for

According to Tantoo Macro, an independent global macro research firm, Korea's current financial risks show structural similarities to the period before the 1996 Asian Financial Crisis (AFC), with semiconductor exports comprising 41% of total (versus 16% in 1996), foreign investor holdings in

According to Yonhapinfomax, South Korea's FX swap points rose across all tenures on July 13, with the 1-year term closing at -14.10 won, up 0.50 won from opening price. The 6-month and 3-month tenures rose to -7.30 won and -3.35 won respectively. A dealer at a major Korean bank attributed the

According to Yonhapinfomax, the U.S. dollar climbed to 1,503.40 Korean won on July 13, up 2.00 won (0.13%) from the previous day's close of 1,501.40 won. Foreign investors' stock sell-offs and strong dollar momentum drove the gain, while a $2 billion-plus forward forex sale by Hanwha Ocean in