DXY & Forex

Reserve Bank of Australia (RBA) Deputy Governor Sarah Hunter warned on 22nd (local time) that inflation risks becoming embedded in pricing behavior if it remains elevated for too long, emphasizing the possibility of a fourth rate hike this year. Speaking on a podcast, Hunter stated the RBA's

The USD-KRW exchange rate rebounded 55.60 won over 7 trading days from a yearly low of 1,334.60 won on the 9th to a high of 1,390.20 won on the 18th, but Korean bank analysts assess that settling above 1,400 won requires additional catalysts such as consecutive Federal Reserve rate hikes in

According to Yonhapinfomax, RBA Deputy Governor Sarah Hunter signaled on September 22 that the central bank could raise rates for a fourth time this year, citing persistent high inflation risks. Hunter expressed concern that inflation could remain elevated longer than expected, potentially

According to Yonhapinfomax, the USD/KRW exchange rate recovered 55.60 won in 7 trading days to reach 1,390.20 on September 18, rebounding from a low of 1,334.60 on September 9. However, the currency pair failed to settle above the 1,390 level on September 22 and retreated to around 1,370 in London t

According to the Bank of Korea, the Bank of Korea Won International Payment System commenced pilot operations on September 21. The system operates 24 hours daily, excluding weekends and holidays, with four major domestic banks—Kookmin Bank, Woori Bank, Hana Bank, and Shinhan Bank—participating in th

According to Jin10, the Reserve Bank of Australia is expected to raise its key interest rate next week, with economists warning of a possible further hike in November as surging energy prices increase inflation risks. Economist James McIntyre noted in a report that the central bank's limited

Ashok Bhatia, Chief Investment Officer and head of fixed income at Neuberger Berman, stated on the 21st (local time) in a report that global bond markets are reflecting a new interest rate cycle rather than a fiscal crisis. This assessment follows recent interest rate increase decisions by the

Seoul forex dealers forecast the USD-KRW exchange rate to trade around 1,370 won on Sep 22, driven by supply-demand dynamics and overnight risk-on sentiment. Dealers cited strong export settlement flows (nego) and a 2% Nasdaq rally coupled with falling oil prices as downward pressure factors,

South Korea's 20-year Treasury bonds maintained relative strength against other long-term maturities as of the 22nd, with the yield at 4.484% on a 민평 basis according to Yonhap Infomax bond evaluation data. The 20-year yield stood 12.1 basis points below the 30-year and just 3.9bp above the 10-year,

ING Bank stated on the 21st local time that 'time is not on France's side' regarding the country's long-term bond yield challenges. The bank explained that France's bond yield spread against Germany is unlikely to narrow in the short term due to political headwinds and structural timing

According to ING Bank on September 21, the lender assessed that France faces structural headwinds regarding long-term sovereign bond yields, stating that time is not in France's favor. The bank noted that France-Germany 10-year bond yield spreads, which spiked above 100 basis points last week,

According to China's central bank, the People's Bank of China conducted a 35 billion yuan reverse repurchase agreement (repo) operation with a 7-day term today (September 22). The operation received bids of 35 billion yuan, with all bids accepted at an interest rate of 1.40%.

The Chinese yuan's mid-rate against the US dollar rose to 6.7459 today, strengthening 28 pips from yesterday's mid-rate of 6.7487. The previous trading day's official closing rate was 6.6955.

According to Jin10, on September 22, USD/CNY fell 28 points to 6.7459, with the yuan strengthening against the U.S. dollar. EUR/CNY declined 133 points to 7.7059, while GBP/CNY dropped 181 points to 8.9863. JPY/CNY fell 104 points to 4.2794, and CAD/CNY decreased 152 points to 4.7871. CHF/CNY

Seoul bond market participants focused on securing carry returns ahead of the holiday break on the last available trading day. The Bank of Korea scheduled its financial stability report release at 11am. Global developments included scheduled speeches by Reserve Bank of Australia Governor Michele

According to Yonhapinfomax, on September 22, the Korean bond market sees strong buying demand on the last trading day before the Chuseok holiday, as investors rush to secure carry returns during the extended break. Settlement occurs the following day, requiring today's purchases to capture holiday-p

According to Susan Collins, president of the Federal Reserve Bank of Boston, in an interview with AP on September 21, persistent inflation and Middle East tensions were key reasons behind her support for a rate hike at this month's Federal Open Market Committee (FOMC) meeting. Collins stated she

According to the Bank of Japan's fund circulation statistics released on September 22, individual investors' holdings of Japanese government bonds (JGBs) increased as of Q2 2026, with the ratio reaching 0.9% of household financial assets. The development follows recent rate hikes by the BOJ, which s

According to Guru Club, the Korean won strengthened 1% against the U.S. dollar on September 22.

According to Jin10 Futures, as of 8:45 AM on September 22, the CFETS-NEX CNY funding sentiment index fell to 48, down 2 points from 4 PM yesterday. Among sector breakdowns, the index for large banks, mid-sized banks, and non-bank institutions stood at 46, 49, and 48 respectively, each declining 2 po