DXY & Forex

According to analysts at Korea Investment & Securities, the Bank of Korea will unanimously raise its benchmark interest rate by 25 basis points at its monetary policy committee meeting on July 16. Analysts Choi Ji-wook and Moon Da-woon cited steady economic growth and inflation remaining above the c

UK government bond yields across all maturities declined by 4-6 basis points during early London trading on July 9.

Barclays raised South Korea's nominal GDP growth forecast to 18.4% for this year in a report released on the 9th, citing strong export price growth. The investment bank also revised the current account surplus projection upward from $266 billion to $345 billion. Economist Son Beom-ki attributed the

Japan's Ministry of Finance conducted a 5-year government bond auction on July 9, with demand exceeding both the previous auction and the 12-month average. The bid-to-cover ratio reached 3.43 times, surpassing the prior result of 3.11 times and the 12-month average of 3.35 times. The tail spread

According to Japan's Ministry of Finance, on July 9, the country's 5-year bond auction attracted higher demand than the previous auction and 12-month average, with a bid-to-cover ratio of 3.43 times, surpassing the prior month's 3.11 times and the 12-month average of 3.35 times. The 5-year yield

Bank of Korea will pilot a 24-hour won settlement system in September for foreign investors to support the currency's international standing and potential MSCI developed market index inclusion, the central bank reported to the National Assembly's Strategy and Finance Committee on the 9th. The new in

According to its business report submitted to the National Assembly on July 9, South Korea's central bank will launch a 24-hour won settlement system in September to support foreign investors. The system aims to eliminate timing gaps between forex trading and won settlement, enhancing the won's

Germany's seasonally adjusted exports held unchanged at 0.9% month-on-month in May, matching the previous month's reading.

Germany's seasonally adjusted exports rose 0.9% month-over-month in May, exceeding the consensus forecast of -0.3% decline and matching the prior month's 0.9% growth rate.

According to Federal Reserve minutes from its June meeting chaired by new Chair Jerome Powell, nine of 19 officials now expect at least one rate hike this year, with six predicting two increases. The majority emphasized that "upside risks to price stability remain elevated" and favored removing

Germany's May seasonally adjusted trade balance data will be released in 10 minutes, according to official economic calendar.

According to Jin10 Data on July 9, Deutsche Bank's private client unit is considering purchases of emerging Asian bonds if crude oil prices maintain around $65-70 per barrel for approximately two months, to help suppress inflation and compress yields. Jacky Tang, the bank's Chief Investment

According to Barclays, on July 9, the bank's baseline expectation is that the Federal Reserve will maintain interest rates unchanged until the end of 2027. However, Barclays strategists still see upside risks toward rate hikes, citing the Fed's latest policy meeting minutes which highlighted

According to Yonhap Infomax, Bank of Korea Governor Shin Hyun-song ruled out a significant 50 basis point rate increase at next week's policy meeting on July 9. Speaking at a National Assembly Finance and Economics Committee session, Shin clarified that recent references to a big step were general r

According to Barclays, as of July 9, the Federal Reserve is expected to hold interest rates unchanged through the end of 2027 based on the bank's baseline forecast. However, Barclays strategists said downside risks remain tilted toward rate hikes. The latest Federal Reserve policy meeting minutes re

According to the Bank of Japan, many regions report that companies, including small enterprises, provided significant wage increases this year. However, some regions indicated potential difficulty in sustaining higher wage growth going

The Bank of Korea diagnosed that the won's depreciation has been larger than major currencies due to foreign stock selling, while external borrowing conditions and foreign exchange liquidity remain sound, according to a report submitted to the National Assembly's Strategy and Finance Committee on th

According to the Bank of Korea's report to Parliament on July 9, the Korean won fell to around 1,500 per dollar, driven by foreign investor stock selloffs and expectations for higher U.S. interest rates. The central bank attributed the currency's steeper depreciation compared to other major

On the early morning of July 9, 2026, Beijing time, the Federal Reserve released the minutes of the Federal Open Market Committee (FOMC) policy meeting held on June 16–17. This first meeting record chaired by the new chair Kevin Warsh confirmed a unanimous decision to keep the federal funds rate target range unchanged at 3.50% to 3.75%, but the policy signals revealed in the minutes are far more complex than the rate decision itself—showing serious internal divisions, rising expectations of rate

Japan's 5-year government bond yield rose 1.5 basis points to hit 2.000% today (July 9).