DXY & Forex

Japan's government bond yields have reached 30-year highs, creating potential macro pressure for Bitcoin. The country's 10-year yield rose 137 basis points over the past year and another 9.1 basis points in four weeks, while Japan mobilizes over 370 trillion JPY in public and private investment by f

According to data from X and analysis by AMBcrypto, Japan's 10-year government bond yield climbed 137 basis points over the past year and another 9.1 basis points in the past four weeks, reaching 30-year highs. The rising yields could tighten global liquidity and pressure risk assets including

Israel's Finance Ministry announced on Wednesday that the country recorded a budget deficit of 8.6 billion shekels in June.

Derek Halpenny from Mitsubishi UFJ advised against over-reading details in the Federal Reserve's June FOMC meeting minutes set to be released tonight (July 8), citing significantly changed market conditions since early June. The dot plot, likely submitted before June 12, would not show nine

According to Yonhapinfomax, on July 8, South Korea's won currency plunged sharply against the U.S. dollar, hitting 1,498.50 KRW per dollar in afternoon trading—marking the first time the exchange rate broke below 1,500 since May 29 and a decline of 29.70 won from the previous day's close. The sharp

According to Yonhapinfomax, South Korea's interest rate swap (IRS) yields steepened on July 8 afternoon, with short-term rates falling and long-term rates rising. The 1-year IRS rate dropped 2.75 basis points to 3.4450%, while the 5-year rose 1.25bp to 3.9625% and the 10-year climbed 3.25bp to 4.060

According to Yonhap Infomax, on July 8, South Korea's 1-year FX swap points declined 0.20 won from opening to close at minus 14.60 won, while shorter-dated contracts showed mixed movement. The 6-month maturity held flat at minus 7.40 won,

UK 10-year gilt yield rose nearly 11 basis points to 4.956% today (July 8), marking the highest level since June 10. The move is on track to deliver the largest single-day gain since May 15.

According to Jin10, market pricing on July 8 shows European Central Bank monetary tightening expectations for the rest of 2026 have risen to 36 basis points, up from 25 basis points on Tuesday.

Traders observed that India's central bank may be selling dollars on July 8 to limit rupee depreciation. The potential intervention reflects efforts to stabilize the currency amid market pressures.

Spain's Prime Minister's Office stated that it views recent U.S. trade measures as a matter of "business as usual" and will not alter relations with the United States. The office emphasized that Spain and the U.S. maintain strong social, cultural, and economic ties that the country does not intend t

Onshore Chinese yuan closed at 6.7993 against the U.S. dollar on July 8 (Beijing time 16:30), down 37 points from the previous trading day's official close and 51 points from the prior evening's close.

On July 8, President Trump instructed Treasury Secretary Bessent to terminate all trade with Spain. "I don't want any business with them," Trump stated regarding the directive.

According to CFETS-NEX, the RMB liquidity sentiment index fell to 46 as of 4 p.m. today (July 8), down 1 point from 2:30 p.m., per Jin10 Futures. The index for major banks, mid-size banks, and non-bank institutions stood at 45, 47, and 45, respectively, each declining by 1 point.

According to Daiwa Institute of Research economist Keiji Kanda, over the past year, each 10% depreciation of the yen against the US dollar has resulted in a net drag of approximately 0.14 percentage points on Japan's real GDP growth. While yen weakness typically supports growth through increased

The won-dollar exchange rate closed at 1498.5 won on the 8th, falling below 1500 won for the first time since May 29. The rate had surged to 1559.20 won earlier this month before the recent decline reversed the upward trend. Financial investment industry analysts attribute the won's strengthening to

According to Yonhap Infomax, South Korea's 3-year government bond futures narrowed their decline on the afternoon of July 8, driven by a sharp surge in the Korean won, which rallied more than 11 won against the U.S. dollar to 1,502.70. The 3-year futures held steady at 103.10, matching the

The Financial Commission has added trading analytics provider Tapaas to its Value-added Services program, giving approved broker members access to real-time tools for monitoring execution quality and identifying toxic order flow. The partnership aims to help brokers strengthen internal risk

According to RBNZ, the central bank raised its official cash rate (OCR) by 25 basis points to 2.50% on July 8, 2026, in a unanimous decision. Governor Adrianne Brennan stated that inflation may have peaked, noting it reached 3.9% in Q2, lower than the previously expected 4.3% peak. Following the an

According to Tradeweb, the UK 10-year government bond yield rose to 4.906%, reaching its highest level in four weeks.