DXY & Forex

According to WSJ reporter Nick Timiraos, the Federal Reserve's June meeting minutes reveal that disagreements among officials stem from differing inflation forecasts, not fundamental policy disagreements. The Fed has identified two scenarios: if inflation remains elevated, nearly all officials

According to Yonhap Infomax, on July 9, the USD/KRW exchange rate fell to 1,498.10 won intraday, marking its lowest level since May 29 and the lowest in 40 days. Notably, dollar-pegged stablecoins USDT and USDC declined below the 1,500 won level approximately one day before the official foreign exch

According to Federal Reserve meeting minutes from June 16-17, released on July 9, a minority of officials saw merit in an immediate rate hike due to persistent inflation concerns. However, the broader consensus reflected a split view: most officials acknowledged scenarios where inflation could

Japan's broad money supply (M2 plus certificates of deposit) grew at an annual rate of 4.5% in June, down from 4.7% in the prior month.

Japan's M3 money supply growth rate declined to 1.5% year-on-year in June, down from 1.7% in the previous month.

Foreign investors had a net outflow of 5.9 billion yen from Japanese bonds in the week ending July 3, according to Japanese financial data. This represents a significant improvement from the prior week's net outflow of 493.7 billion yen.

For the week ending July 3, Japan recorded net outflows of 218.1 billion yen from foreign bonds, improving from net outflows of 280.1 billion yen in the previous week.

Japan's M2 money supply growth decelerated to 2.2% year-over-year in June, down from 2.5% in the prior month.

According to Seoul Foreign Exchange Brokerage, the Korean won-to-U.S. dollar exchange rate is expected to explore its direction around the 1,500 won level on July 9. The dollar is strengthening due to renewed geopolitical concerns following the collapse of the U.S.-Iran ceasefire and rising

According to Seoul Bond Market, South Korea's government bond futures fell overnight on July 9 amid a surge in international oil prices. The 3-year government bond futures contract declined 17 basis points to 102.95, while the 10-year contract dropped 35 basis points to 105.56. Foreign investors

According to Korean Economic TV, geopolitical risks have resurfaced recently as Trump signals a potential end to ceasefire agreements. International crude oil prices surged 6% on these developments, while U.S. equity markets showed mixed performance. The Dow Jones Index declined 1% amid

Hong Kong Monetary Authority's overnight lending via the discount window reached HKD 2.7 billion on Wednesday, the highest in nearly five months. The benchmark overnight Hong Kong dollar interbank offered rate rose 7 basis points to 2.65% on the same day.

The US dollar weakened slightly on the 8th afternoon as President Donald Trump stated he does not want a prolonged conflict with Iran, causing international oil prices to moderate their earlier surge. At 4pm ET on the 8th, the dollar index (DXY) fell 0.083% to 100.972, reversing from an intraday

Bank of England Governor Andrew Bailey denied that lobbying by Nigel Farage influenced the central bank's approach to a potential central bank digital currency. The statement came after Bailey met Farage to discuss several topics, including cryptocurrencies, and follows Farage's resignation from

Bank of England Governor Andrew Bailey denied this week that lobbying by Nigel Farage influenced the central bank's approach to a potential digital pound, stating that no policy changes were made following their meeting. Bailey confirmed that while he and Farage discussed a range of topics

According to Yonhapinfomax, on July 8, U.S. 10-year Treasury yields hit 4.567%, the highest level since late May, as geopolitical tensions and Trump's threats against Iran drove oil prices sharply higher. West Texas Intermediate crude oil futures climbed as much as 8% intraday following Trump's

According to CME Fed Watch data, the Federal Reserve has a 69.0% probability of holding rates steady in July and a 31.0% probability of raising rates by 25 basis points. For September, the probability of unchanged rates stands at 31.1%, with a 51.9% chance of a 25 basis point increase and a 17.0% pr

The U.S. Dollar Index (DXY) declined 0.1% to 100.99 on Wednesday (July 8), as dovish Federal Reserve minutes offset safe-haven flows from U.S.-Iran tensions. According to the Fed's June meeting minutes released Wednesday, policymakers expressed deep uncertainty about the path of interest rates,

Gold prices dropped as much as 2% within two hours on Wednesday after President Donald Trump announced at the NATO summit in Ankara that an interim agreement with Iran was over and he no longer wished to engage with Tehran. The announcement unraveled a memorandum of understanding signed weeks

Federal Reserve Chair Jerome Powell will testify before the U.S. Senate Banking Committee on July 15.