DXY & Forex

Following renewed US-Iran tensions announced at the NATO Leaders Summit in Ankara, Brent crude oil surged over 10%, prompting a Bitcoin selloff from its early-week high of $64,000 to around $62,900. According to CryptoQuant analyst Darkfost, Bitcoin faces further downward pressure as oil prices

According to Jin10, Federal Reserve public market operations manager Perlly expects money market conditions to tighten amid increasing Treasury issuance.

On Thursday (July 9), the Federal Reserve's overnight reverse repurchase agreement (RRP) usage reached $57.72 billion with 6 counterparties, up from $33.47 billion in the previous trading day.

The Federal Reserve accepted $5.772 billion in a fixed-rate reverse repo operation from six counterparties today (July 9).

The U.S. 30-year Treasury auction on July 9 cleared at a yield of 5.058%, up from the previous result of 5.02%. The increase reflects a 3.8 basis point move in long-dated government debt yields.

The US 30-year Treasury bond auction held on July 9 saw a bid-to-cover ratio of 7.13%, down significantly from the previous auction's 32.36%, indicating reduced demand for long-duration government debt.

According to its June 25 monetary policy meeting minutes, Mexico's central bank Banxico kept its benchmark interest rate at 6.50% unchanged. The policy committee stated that maintaining the current rate remains appropriate given near-term economic challenges. Most Banxico board members indicated

The Australian Securities and Investments Commission cancelled the Australian Financial Services license held by Trive Financial Services Australia Pty Ltd after determining the company had stopped carrying on a financial services business in Australia. The regulator exercised its authority under Au

According to New York Federal Reserve President John Williams, inflation remains at a "far too high" level, as stated during a market liquidity workshop on July 9 (U.S. Eastern Time). Williams emphasized that the Federal Reserve continues to focus on price stability risks and noted that the labor ma

According to PGIM co-chief investment officer Gregory Peters, 30-year U.S. Treasury yields have recently broken above 5%, prompting investors to reassess what constitutes attractive yield levels. Peters, speaking on Bloomberg Television, attributed the move to increased bond issuance from

On Thursday (July 9), German 2-year government bond yields dropped 6.1 basis points to 2.647% in European market close, marking the day's largest decline among major maturity segments. The 10-year Bund yield fell 0.8 basis points to 3.084%, while the 30-year yield declined 1.5 basis points to 3.626%

According to Slovenian media Delo, European Central Bank Governing Council member Joachim Nagel called for restraint when discussing monetary policy, citing ongoing geopolitical uncertainty. Nagel stated that policymakers should avoid speculating on the central bank's next moves and instead adopt a

On Thursday (July 9), UK 2-year Gilt yields fell 9.3 basis points to a daily low of 4.238%, then bounced to 4.302% before resuming declines. The 10-year yield dropped 7.9 basis points to 4.895%, while 30-year and 50-year yields fell 6.7 basis points each. The 2/10-year yield curve steepened

According to Harry Woolman, global capital markets partner at Validus Risk Management, UK assets may experience heightened volatility in coming months due to uncertainty in government spending and revenue plans. Amid rising fiscal pressures, the UK's constrained public finances make it

According to Ebury analyst Matthew Ryan, sterling's prospects depend on whether UK's prospective Prime Minister Andy Burnham honors his fiscal rules commitment. If Burnham follows through, sterling is likely to remain stable. Any sign that these rules are abandoned or distorted could trigger

According to the European Central Bank's meeting minutes, the ECB in June did not want to send a signal of either a series of rate hikes or a single one-off action.

According to ECB meeting minutes, inflation will rise further this summer and remain significantly above the central bank's target in the first half of 2027, even as forecasts already account for three consecutive 25 basis point rate

According to Turkish Central Bank data, residents' foreign currency holdings fell to $217.69 billion as of the week of July 3, down from $218.41 billion the previous week.

Momentum stocks in the US market have shifted from being one of the best-performing market trends over the past 12 months to one of the worst-performing factors since July. The iShares momentum ETF (MTUM) gained roughly 33% over the 12 months preceding July, outperforming the S&P 500's 20% gain,

The European Central Bank will release minutes from its June monetary policy meeting in approximately 10 minutes.