DXY & Forex

According to Guru Club, the U.S. Dollar Index fell 0.51% this week, marking its largest weekly decline since mid-April, as softer-than-expected June U.S. employment data prompted markets to lower expectations for Federal Reserve rate hikes. In the broader currency market, the euro climbed to $1.144

Foreign investors in the Korean treasury bond futures market net sold 210,000 contracts of 3-year futures while net buying 150,000 contracts of 10-year futures since early this year, according to analysis by Shinhan Investment Securities researcher Kim Chan-hee. The divergent trading pattern

According to Shinhan Securities researcher Kim Chan-hee, foreign investors have net purchased 150,000 10-year Treasury futures contracts and net sold 210,000 3-year contracts year-to-date as of July 4, signaling possible curve flattening bets. The analyst noted that the diverging supply and demand d

According to Yonhap Infomax, the USD/KRW exchange rate fell 25.80 won to close at 1,530.00 won in overnight trading on July 4 (Korea time). The rate recovered slightly from intraday lows as the dollar tracked yen movements while U.S. markets were closed for Independence Day. The overnight close

Spot gold and silver prices posted sharp gains Friday morning, with gold trading near $4,175.50 an ounce (up 1.30%) and silver near $62.220 (up 2.28%), as U.S. markets remained closed ahead of the Independence Day holiday. The rally extended Thursday's post-payrolls momentum, driven by a

On Friday (July 3), offshore yuan (CNH) closed at 6.7853 against the U.S. dollar in New York afternoon trading (04:59 Beijing time Saturday), gaining 35 points from Thursday's close. The currency traded within a 6.7901-6.7811 range during the session. For the week, CNH rose approximately 190 points

According to Hasnain Malik, geopolitical risk and emerging markets equity strategist at Tellimer, the Trump administration rejected extending the U.S.-Mexico-Canada Trade Agreement (USMCA) on Wednesday, triggering a 10-year countdown before the deal expires. Malik stated the move is negative for Mex

According to Jin10, the U.S. dollar weakened significantly this week, posting its largest weekly decline since April with the dollar index down approximately 0.5%. The decline was driven by softer June U.S. employment data, which triggered markets to lower expectations for near-term interest rate hi

The onshore Chinese yuan (CNY) rose to 6.7780 against the U.S. dollar at 3:00 AM Beijing time on July 3, up 50 basis points from the previous night's close. Trading volume reached $45.93 billion.

According to the European Central Bank's weekly calendar, ECB President Christine Lagarde will personally attend the Eurogroup meeting on July 9 and the EU Economic and Financial Affairs Council (Ecofin) meeting on July 10 in Brussels, rather than being represented by the ECB Vice President.

On Friday (July 3), UK 30-year gilt yields rose 6.9 basis points this week to 5.517%, while 10-year gilt yields increased 5.1 basis points to 4.782%. Two-year gilt yields slipped 0.3 basis points on the week, standing at 4.122%. The 2/10-year yield spread widened by 5.4 basis points to 66.0 basis po

On Friday (July 3), Germany's 10-year Bund yield rose 3.1 basis points to 2.935% in late European trading, gaining 8.4 basis points for the week. The 2-year yield advanced 3.6 basis points to 2.536%, up 1.9 basis points weekly, while the 30-year yield added 2.0 basis points to 3.509%.

Joachim Nagel, a member of the European Central Bank's Governing Council and head of Germany's Bundesbank, warned on Friday at the Rencontres Economiques conference in Aix-en-Provence, France, that the ECB must remain vigilant against inflation risks and maintain all policy options. Nagel

According to a Reuters survey conducted in July, the Canadian dollar is expected to appreciate 4.3% over the next 12 months, reaching 1.36 against the U.S. dollar, up from the June forecast of 1.34. For the next three months, the CAD is projected to strengthen 1.3%, reaching 1.40 per U.S. dollar, co

Robinhood Europe expanded its perpetual futures offerings for eligible European Union users by updating its Specific Information Document to include crypto perps tied to XRP, Cardano, Sui, Solana, Bitcoin, Ethereum, Dogecoin, Avalanche, Chainlink, Hyperliquid, Bittensor, Aster, and PAX Gold. The

Robinhood Europe expanded perpetual futures offerings for eligible EU users, adding crypto perps tied to XRP, Cardano, Sui, Solana, Bitcoin, Ethereum, Dogecoin, Avalanche, Chainlink, Hyperliquid, Bittensor, Aster, and PAX Gold. The company also rolled out perpetual futures linked to commodities,

According to Jin10, ECB Governing Council member Isabel Mulan said yesterday (July 3) that the central bank is well-positioned following last month's rate hike, as falling oil prices alleviate price pressures in the eurozone. Mulan stated the ECB will not enter a new rate-hike cycle, while noting th

According to iNews24, on July 3, the Korean won fell 30.2 against the U.S. dollar in Seoul forex trading, closing at 1,525.6 won per dollar. The decline reversed the prior day's surge to 1,555.8 won, its highest level since the 2008 financial

According to Yonhap Infomax, South Korea's 1-year interest rate swap (IRS) rate rose 0.25 basis points to 3.5050% on July 3, as returning risk appetite offset weakness from won strength. The 3-year IRS rate fell 0.25bp while the 5-year rose 0.50bp and the 10-year increased 0.5bp. Trading volume

According to Nomura strategist Andrew Ticehurst, the firm recommends positioning for the Reserve Bank of Australia and the Federal Reserve to maintain interest rates through the end of 2026. Ticehurst stated that Nomura's fundamental outlook and short-end rate views diverge from current market