DXY & Forex

According to Jin10, China's central bank conducted 450.5 billion yuan in 7-day reverse repo operations today (July 17), while 20 billion yuan worth of 7-day reverse repos matured. The net injection reached 430.5 billion yuan.

The People's Bank of China conducted a 450.5 billion yuan reverse repurchase operation today, with a 7-day maturity period at an operating rate of 1.40%, unchanged from the previous operation. Both the bid amount and awarded amount totaled 450.5 billion yuan.

On July 17, the U.S. dollar strengthened against the Chinese yuan at the interbank foreign exchange market, with the USD/CNY midpoint rate rising 25 basis points to 6.7934. Other major currency pairs against the yuan moved as follows: EUR/CNY fell 59 points to 7.7631; GBP/CNY declined 289 points to

Bitcoin fell back to around $63,860 on July 17. At the same time, multiple macro events unfolded in parallel: the U.S. military launched airstrikes on several facilities in southern Iran, including Abbas Port, Shaher Airport, and bridges in Hormozgan Province. The Hormozgan provincial government said two people were killed and four were injured. Dallas Fed Chair Lorie Logan (Lorie Logan) delivered remarks in Houston, saying the Fed may need to raise interest rates “moderately.” U.S. military car

According to Jin10 Futures, the CFETS-NEX renminbi liquidity sentiment index reported 56 points as of 08:45 on July 17, up 8 points from 16:00 yesterday. Large banks' sentiment index rose to 55 (up 8 points), mid-sized banks to 58 (up 8 points), and non-bank institutions to 53 (up 6 points). An inde

The USD-KRW 1-month NDF contract closed at 1,479.20 won in overnight New York trading, down 0.35 won from Seoul's 1,480.40 won close after adjusting for swap points. The Bank of Korea raised rates by 25 basis points the previous day and signaled further hikes. A 4.29% drop in the Philadelphia

According to foreign brokers cited by Yonhapinfomax, the US dollar-won 1-month NDF in New York settled at 1,479.20 won (MID) on July 17, down 0.35 won from the previous Seoul market close of 1,480.40 won at 3:30 p.m. Bid quotes stood at 1,479.00 won and ask quotes at 1,479.40 won.

According to Federal Reserve Vice Chair Jefferson, current monetary policy is in good shape, though he would reconsider the Fed's policy stance if inflation fails to cool down in the near term. Speaking Thursday in prepared remarks for a Stanford event, Jefferson said the Fed's current interest

According to Jin10, on July 17, Federal Reserve official Beth Logan stated the Fed should raise interest rates to combat persistently high inflation. She noted that June inflation data, released Tuesday, shows price growth is moderating but remains insufficient to confirm that inflation has

According to Yonhapinfomax, the Korean won weakened to 1,482.00 against the U.S. dollar on July 17 morning as a selloff in semiconductor stocks intensified risk-off sentiment. The won lost 1.60 from the previous Seoul close of 1,480.40, though it recovered 5.00 from 24 hours earlier. SK Haixi's U.S.

According to Yonhapinfomax, on July 17, South Korea's 10-year government bond futures rose 29 basis points to 105.70 overnight, with trading volume surging to 507 contracts from 85 on the previous session. The 3-year futures climbed 3 basis points to 102.92. The gains came as U.S. economic data

Dallas Federal Reserve President Lorie Logan called for moderate interest rate increases on July 16, arguing that recent monthly inflation improvements are insufficient evidence that price pressures have returned to sustainable levels. Logan, a voting member of the Federal Open Market Committee

The US dollar strengthened against major currencies on July 16, rising for the first time in three trading sessions as the dollar index climbed 0.232% to 100.748 by 4pm Eastern Time. The currency gained on safe-haven demand triggered by escalating US-Iran tensions and a sharp selloff in technology s

According to Yonhap Infomax, on July 16, the U.S. dollar strengthened as it rebounded from a weak position against the pound, driven by escalating U.S.-Iran tensions, a rise in oil prices, and broad safe-asset demand following a tech stock selloff. The dollar index (DXY), which tracks the

According to Yonhap Infomax, on July 16, the U.S. dollar index rose 0.232% to 100.748, driven by U.S.-Iran tensions and broad-based technology stock selloffs that bolstered demand for safe-haven assets. The tech-heavy Nasdaq Composite fell 1.47%, while the Philadelphia Semiconductor Index

According to the Philadelphia Federal Reserve, the regional manufacturing activity index jumped 31.1 points to 41.4 on July 16, far exceeding analyst expectations of 13.0 and hitting its highest level since April 2021. Meanwhile, the U.S. Labor Department reported that weekly jobless insurance

According to CME Fed Watch on July 17, the Federal Reserve has an 88.8% probability of holding interest rates unchanged in July and an 11.2% probability of raising rates by 25 basis points. For September, the Fed has a 48.8% probability of maintaining rates, a 46.2% probability of raising rates by

According to Brazil's Foreign Minister Vieira, on July 16, the U.S. tariff of 25% on Brazilian imports lacks any factual basis and is driven by political motives. Vieira stated that the American measures are unacceptable, asserting that the investigation under Section 301 of the 1974 Trade Act is a

Since South Korean government bonds were included in the World Government Bond Index (WGBI) in late March 2026, foreign investors have been making large-scale bond purchases. Cumulative net inflows reached 42 trillion won through mid-July, exceeding market expectations. However, a closer

On Thursday, July 16, offshore yuan (CNH) traded at 6.7732 against the U.S. dollar by New York close (Friday 04:59 Beijing time), down 45 pips from Wednesday's close. The pair ranged between 6.7649 and 6.7755 during the