DXY & Forex

Track the US Dollar Index (DXY) and major currency pairs to analyze how dollar strength, liquidity expectations, and interest rate spreads impact BTC, stablecoins, and global crypto pricing.
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Mitsubishi UFJ: Yen Lacks Clear Catalysts for Near-Term Strength

According to Mitsubishi UFJ Bank analyst Lee Hardman on July 7, there are no obvious catalysts for near-term yen strength, despite growing investor bets on further yen weakness highlighting potential for currency recovery. Recent fiscal policy concerns following Japan's new multi-year investment
GateNews·07-07 11:03
Mitsubishi UFJ: Yen Lacks Clear Catalysts for Near-Term Strength

USD/KRW Falls 7.60 Won to 1,522.70 on July 7 as USD/JPY Weakens

According to Yonhap Infomax, the USD/KRW exchange rate fell 7.60 won to 1,522.70 won on July 7 afternoon, extending losses as the U.S. dollar weakened against the Japanese yen. The decline from the previous Seoul market close of 1,530.30 won was driven by a sharp selloff in USD/JPY, with the dollar-
USDJPY0.02%
GateNews·07-07 10:44
USD/KRW Falls 7.60 Won to 1,522.70 on July 7 as USD/JPY Weakens

Seoul IRS Yield Curve Steepens as 1-Year Falls 2.00bp, Longer Tenors Rise

According to Yonhapinfomax, the 1-year interest rate swap (IRS) in Seoul's bond market fell 2.00 basis points to 3.4725% today (July 7) as of 4:27 p.m., while longer-dated tenors rose, steepening the yield curve. The 5-year IRS rose 1.00bp to 3.9500%, and the 10-year rose 2.00bp to 4.0275%, with 2-y
GateNews·07-07 09:58
Seoul IRS Yield Curve Steepens as 1-Year Falls 2.00bp, Longer Tenors Rise

Hedge Funds' Yen Short Bets Hit Highest Level Since 2007 on July 7

According to E Daily, on July 7, hedge funds' Japanese yen short bets surged to the highest level since 2007, when yen carry trades peaked. The net short position in yen—the amount of yen sold exceeding yen bought by speculators—has risen to levels last seen just before the Bank of Japan's major
GateNews·07-07 08:45
Hedge Funds' Yen Short Bets Hit Highest Level Since 2007 on July 7