DXY & Forex

Bitcoin’s short-term rebound lacks momentum, temporarily around $66,470 as of July 22. There is disagreement over which authority will enforce the moral provisions of the CLARITY Act, with Democrats dissatisfied with the details of President Trump’s concessions. The crypto ethics rules backed by Trump will be enforced by the Department of Justice and will prohibit federal officials from issuing digital assets. Galaxy Digital launches a Bitcoin quantum-safe initiative, setting aside $5 million to

China's central bank conducted 76 billion yuan in 7-day reverse repurchase operations today. The bid volume and settlement amount both reached 76 billion yuan, with the operation rate held steady at 1.40% from the previous operation.

According to Jin10 data, China's central bank conducted 76 billion yuan in 7-day reverse repo operations on July 22, with 426.5 billion yuan in maturing repos, resulting in a net drain of 350.5 billion yuan from the

China's yuan mid-market fixing weakened to 6.7933 against the US dollar today (July 22), down 16 points from the previous trading day's fixing of 6.7917. The official closing rate on the previous day was 6.7668, while the offshore market closed at 6.7665.

On July 22, the interbank foreign exchange market set the yuan's central parity against the US dollar at 6.7933, up 16 basis points, indicating yuan depreciation. The euro fell to 7.7345 per yuan, down 73 basis points, while the British pound declined to 9.0744 per yuan, down 339 basis points. The

Today, Japan's 30-year government bond yield rose 1.5 basis points to 3.9%.

Seoul bond market participants monitored US-Iran war developments and international oil prices on the 22nd, as June producer price index data showed flat month-over-month growth and the Bank of Korea assessed ongoing upward inflation pressure from Middle East conflict secondary effects. Foreign

Samsung Biologics announced on the 20th a public tender offer to acquire all shares of Polypeptide Group, a Swiss-listed contract development and manufacturing organization (CDMO), for approximately 1.46 billion Swiss francs (about 2.7 trillion won), marking the largest merger and acquisition in

According to Jin10 Futures, the CFETS-NEX onshore yuan funding sentiment index fell to 47 as of 08:45 on July 22, declining 1 point from 16:00 on July 21. By institution type, the index for large-sized banks, medium and small banks, and non-bank institutions stood at 46, 48, and 46 respectively,

Lotte Chilsung Beverage's second-quarter earnings this year are expected to show modest profit declines despite strong product sales. A forecast compiled by Yonhap Infomax on the 22nd attributed the decline to increased cost burdens from the Middle East war and won weakness. Analysts noted that the

South Korea's agricultural, livestock, and fishery import price index rose 10.8% in June compared to the same month last year, marking the first double-digit increase in 42 months, according to data from the Korea Trade Statistics Promotion Agency released on July 22. The surge was driven by the

According to Korea Trade Statistics Promotion Agency, in June, the agricultural import price index rose 10.8% year-on-year to 128.3, marking the highest monthly increase since December 2022. The surge was primarily driven by a stronger dollar, with the USD-KRW exchange rate reaching an average

US 2-year Treasury yields surged over 80 basis points since late February to 4.2063%, significantly exceeding the Federal Reserve's current policy rate range of 3.5% to 3.75%. The yield spike reflects investors pricing in imminent rate hikes through actual market positioning, with the Bloomberg US F

According to market pricing data, the U.S. 2-year Treasury yield surged over 80 basis points to 4.2063% this week, exceeding the Federal Reserve's current 3.5%-3.75% policy rate band. The jump signals financial conditions are tightening sharply. Historically, the 2-year yield has led actual rate hi

Bank of China Seoul Branch applied to South Korean financial authorities on the previous day for a financial investment business license to trade government bonds. The application seeks investment trading authorization (excluding underwriting) for government bonds, local bonds, and special bonds,

According to Yonhapinfomax, on July 22, the USD-KRW one-month NDF rose to 1,482 won (mid-point), up 9.4 won from the previous day's spot close of 1,473.40 won. The U.S. dollar index climbed above 101 following remarks by President Trump indicating unwillingness to engage with Iran, while Middle

According to Yonhap Infomax, Bank of China's Seoul branch applied on July 21 for financial investment business licensing to conduct Korean government bond trading. The move comes as South Korea's government bonds were included in the World Government Bond Index, attracting increased foreign

Japan's seasonally adjusted merchandise trade balance in June showed a deficit of 881.9 billion yen, worse than the forecasted deficit of 502.1 billion yen and significantly larger than the prior month's deficit of 90.4 billion yen.

According to Japan's Finance Ministry, Japan's exports in June grew 13 percent year-over-year to the United States, 20.3 percent to the European Union, and 22.7 percent to Asia.