DXY & Forex

According to Jeffrey Gundlack, CEO of DoubleLine Capital, on Wednesday, U.S. Treasury market is signaling that the Federal Reserve needs to raise interest rates to achieve its 2% inflation target. "If you really want to reach the 2% goal, I think you must hike rates," Gundlach said following the Fed

Fed Chair Kevin Warsh reaffirmed the Federal Reserve's commitment to its 2% inflation target at a post-FOMC press conference on the 29th (local time), stating there is no relaxed inflation goal. However, bond markets responded with skepticism: 30-year Treasury yields surged from approximately 5.1% t

According to Steve Sosnick, chief strategist at Interactive Brokers, on July 29 the U.S. 30-year Treasury yield surged to 5.22%, marking its highest level since 2007, while the 10-year yield climbed to 4.69%. This occurred after Federal Reserve Chair Kevin Walsh's FOMC meeting remarks reaffirming th

According to Philip Wee, senior FX strategist at DBS Group's Research, on July 30, the U.S. dollar may face pressure due to diverging forward guidance from the Federal Reserve and other central banks. The Fed's decision to remove forward guidance and hold rates unchanged has created volatility in

The USD-KRW exchange rate fell to its lowest level since late February, dropping 8.10 won to 1,438.60 won as of 9:25 AM on the 30th in the Seoul foreign exchange market, driven by month-end dollar selling pressure and dovish interpretations of the

According to Yonhap Infomax, the USD/KRW exchange rate fell to 1,438.60 won on July 30 morning, marking the lowest level since February. The decline was driven by month-end dollar selling, particularly from offshore markets, combined with dovish signals from the U.S. Federal Reserve's policy

The KOSPI pre-market indicator plunged 20.17% to 4520.93 at 8:50:10 AM on the morning of the 30th, alarming investors before the market opened 0.33% higher at 5681.77. The sharp drop in the pre-market indicator reflected overnight declines in US

Japanese stock indices showed mixed performance on July 30 morning trading, with the Nikkei 225 rising 366.31 points (0.60%) to 61,800.50 as of 9:17 AM while the Topix fell 28.46 points (0.72%) to 3,945.57, following a sharp overnight decline in US markets. US stocks dropped after the Federal Open M

According to market analysts including Steve Sosnick of Interactive Brokers, on July 29 the Federal Reserve held its benchmark interest rate unchanged at 3.5%-3.75% in a 9-3 vote, yet bond markets signaled deep skepticism of Chair Kevin Warsh's inflation-fighting commitment. The 30-year U.S.

According to Odaily, the U.S. Federal Reserve's policy committee voted 9-3 this week to maintain interest rates unchanged, with three members publicly supporting a 25 basis point increase. This marks the first instance of three dissenting votes in the same direction since 2016 and represents an

According to FOMC records released on July 29, the Federal Reserve voted 9-3 to maintain the federal funds rate target at 3.5%-3.75%. The three dissenting votes, which favored a 25-basis-point rate hike, represent the highest number of consistent dissents in a single policy decision since 2016,

Major investment banks assessed the Federal Reserve's July Federal Open Market Committee (FOMC) meeting as more dovish than expected, according to a report from the Bank of Korea's New York office on the 30th. Market participants evaluated Fed Chair Kevin Warsh's press conference as reducing the

Federal Reserve Chair Kevin Warsh held the July Federal Open Market Committee meeting, with major investment banks assessing the outcome as more dovish than anticipated, according to a report from the Bank of Korea's New York office on the 30th. The Fed maintained its policy rate unchanged, but

According to Citi economist Kim Jin-wook's report released today (July 30), Citi forecasts the Bank of Korea will raise its benchmark interest rate again in August despite the KOSPI's sharp decline. Kim noted that Bank of Korea Governor Shin Hyun-song prioritizes real economic indicators over

According to BlockBeats, on July 30, Federal Reserve Chair Powell's post-meeting remarks raised Wall Street concerns about his anti-inflation credibility after failing to clarify future policy direction. JPMorgan subsequently advanced its expectation for the Fed's first rate hike from H2 2027 to

South Korean government bond futures opened mixed on July 30 at 9:03 AM, with the 3-year contract rising 2 ticks to 103.11 while the 10-year contract fell 21 ticks to 105.63. The divergence followed overnight steepening in the US Treasury curve after the Federal Open Market Committee (FOMC)

According to Yonhapinfomax, the U.S. Federal Reserve held its policy rate at 3.50%–3.75% on July 30 at the Federal Open Market Committee meeting, as expected by markets. However, three Fed officials—Lorie Logan of the Dallas Federal Reserve, Beth Hammack of the Cleveland Federal Reserve, and Neel

According to Yonhap Infomax, on July 30, the U.S. Federal Reserve held its policy rate at 3.50%-3.75%, as expected, at its latest FOMC meeting. However, the central bank's lack of specific guidance on future policy direction increased market uncertainty regarding the Fed's next moves and inflation o

According to Yonhapinfomax, on July 30, South Korea's Treasury futures opened mixed as U.S. bond curves steepened following the Federal Reserve's decision to hold rates steady. The 3-year Treasury futures rose 2 ticks to 103.11, while the 10-year futures fell 21 ticks to 105.63. Foreign investors n