DXY & Forex

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).

Bank of Korea Governor Shin Hyun-song stated on July 9 that currency swaps reinforce liquidity and current levels are not insufficient. Shin made these remarks at the National Assembly Finance and Economic Planning Committee in response to Democratic Party lawmaker Moon Jin-seok's question

Bank of Korea Governor Shin Hyun-song said on July 9 that the current won liquidity is not lacking, despite acknowledging that a currency swap arrangement would provide symbolic and psychological benefits to the currency. Appearing before parliament's fiscal and economic committee, Shin stated that

According to Yonhap Infomax, on July 9, South Korea's 10-year government bond yield rose to 4.278%, reaching its highest level in one month. The 30-year yield climbed to 4.491%, marking an all-time intraday high. The rise was driven by escalating U.S.-Iran tensions, which pushed crude oil prices hig