DXY & Forex

According to JPMorgan Chase, the firm expects the Federal Reserve to raise rates by 25 basis points in December 2026, reversing its previous forecast of unchanged rates for this year.

Sangsangin Securities forecasts the USD-KRW exchange rate will maintain elevated levels over the next 5 years if domestic investors continue overseas asset investment, according to a report published on the 30th by analyst Choi Ye-chan. The brokerage projects two scenarios: a Taiwan-style path

Four major South Korean research firms — Embrain Public, KStat Research, Korea Research, and Hankook Research — released National Index Survey (NBS) results on the 30th showing 42% of respondents support interest rate cuts to stimulate the domestic economy. The poll surveyed 1,000 adults aged 18 and

According to a survey by Embrain Public, K-Stat Research, Korea Research, and Korean Research released on July 30, 42% of South Koreans believe the central bank should cut interest rates to stimulate domestic demand. Another 29% favor maintaining current rates, while 20% support increases to

According to Jin10, Japan's two-year government bond auction on July 30 saw weaker-than-expected demand, with a subscription ratio of 3.63, below the 12-month average of 3.81. The bid-to-cover ratio also declined from 4.82 in the previous auction. The tail spread widened to 0.007 from 0.005 last mon

On July 30, Japan auctioned 2-year bonds with a bid-to-cover ratio of 3.63, lower than the 12-month average of 3.81.

Japan's 2-year government bond auction received bids at a multiple of 3.63 times, down from 4.82 times recorded during the June issuance.

According to Democratic Party of Japan Chief Secretary Suzuki Shunichi, the government can secure funding for temporary tax cuts thanks to tax revenue collections surpassing initial expectations.

According to Jin10, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) mostly rose on July 30. One-week HIBOR climbed to 1.41576%, touching its highest level since July 24. Overnight HIBOR fell 8 basis points to 1.30000%, while two-week HIBOR remained flat at 1.43606% and one-year H

According to Prieus chief U.S. economist Blerina Uruci, the Federal Reserve may keep interest rates unchanged at its September meeting if oil prices do not surge significantly and inflation continues to decline, as reported by Jin10 on July 30. Market expectations for the Fed's September rate

In Beijing time in the early hours of July 30, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) released its latest interest rate decision, keeping the target range for the federal funds rate unchanged at 3.50% to 3.75%. This marked the Fed’s fifth consecutive meeting since January this year in holding policy steady. However, the real focus for the market is not the “no rate hike” itself. After the decision was released, Bitcoin surged from about $63,700 to near the $64,700 intrad

Oxford Economics forecasts the Federal Reserve will maintain a prolonged interest rate freeze following the July Federal Open Market Committee meeting, according to a report issued on the 29th (local time). The institution cited cooling employment indicators and additional signs of slowing service p

According to Oxford Economics, following the July 29 Federal Open Market Committee meeting, the firm forecast the Federal Reserve will maintain interest rates on hold for an extended period. The forecast is based on cooling employment indicators and moderating services inflation. Oxford Economics at

According to Jeffrey Gundlach, CEO of DoubleLine Capital, the U.S. Treasury market is signaling that the Federal Reserve must raise interest rates, not merely maintain hawkish rhetoric, to achieve its 2% inflation target. Speaking on Wednesday following the Fed's latest policy announcement, Gundlach

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