DXY & Forex

India's Reserve Bank maintained its reverse repo rate at 3.35% as of August 5, 2026, unchanged from the previous level.

According to Indonesia's Statistics Bureau, the country's second-quarter GDP grew 5.29% year-on-year on August 5, exceeding economists' median forecast of 5.14%. The growth was supported by strong household consumption and investment, though the pace eased from Q1's 5.61%. All sectors except

On August 5, India's 10-year government bond yields fell 5 basis points to 6.77%, with the gains in the downward move accelerating throughout the trading session.

China's Ministry of Finance issued 150 billion yuan in sovereign debt in Hong Kong on Wednesday, with multiple tenors recording all-time lows. Two-year, 15-year, and 30-year bonds set new lows; 3-year and 5-year tenors reached their lowest levels since 2011. Overall subscription ratio across five bo

Federal Reserve Chair Kevin Warsh faced a credibility crisis at his first Federal Open Market Committee press conference following last week's July meeting, according to New York Times reporting. Warsh, who took office two months ago promising a 'regime change' at the Fed, gave ambiguous responses a

According to New York Times, on August 4, Federal Reserve Chair Kevin Walsh's ambiguous remarks about the Fed's 2% inflation target during a post-FOMC press conference last week raised market concerns about the central bank's inflation-fighting commitment. During Q&A, Walsh appeared to leave open th

US Treasury Secretary Scott Bessent, identified as the architect behind the first joint US-Japan yen intervention in 15 years, is driving a 'Bretton Woods 2.0' era according to a prominent economist. James Sohn, Chief Investment Strategist at Wellington-Altus and holder of a PhD in economics,

According to James Sun, chief investment strategist at Wellington-Altus, U.S. Treasury Secretary Scott Bessent and Japan conducted their first joint intervention to support the yen on August 4 as the currency fell to its lowest level against the dollar in approximately 40 years. Sun stated that Bess

On Wednesday, offshore Chinese yuan Hong Kong Interbank Offered Rates (CNH HIBOR) showed gains across major tenors. The one-week HIBOR rose to 1.42970%, marking its highest level since July 23, while overnight HIBOR increased 5 basis points to 1.30000%. Two-week HIBOR climbed to 1.43515%, and

S&P Global reported Japan's July services Purchasing Managers' Index (PMI) final reading at 51.2, falling short of the preliminary estimate of 51.9. The services sector extended its expansion for a second consecutive month, though the pace slowed from June's 52.2 as new order growth decelerated

Kansas City Federal Reserve President Jeffrey Schmid stated that achieving the Fed's inflation target requires tighter monetary policy, speaking at the Federal Reserve's annual agricultural economics event in Omaha on local time 4일. Schmid assessed that current monetary policy is not sufficiently re

According to Yonhapinfomax, South Korea's Bank of Korea (BOK) officials today (August 5) held differing views on inflation pressures as July consumer prices rose 2.8% year-over-year, slower than expected, while core CPI climbed 2.6% YoY—the highest in 2 years 7 months. Durable goods prices

According to Federal Reserve Kansas City President Jeffrey Schmid, on August 4, more restrictive monetary policy is needed to achieve the Fed's 2% inflation target. Speaking at the Federal Reserve's annual agricultural economics conference in Omaha, Schmid stated that current monetary policy is

According to Seoul Bond Market, South Korea's benchmark 3-year government bond yield declined 5.6bp to 3.684% on the morning of August 5, marking the lowest level since June 30. The drop followed a sharp decline in international crude oil prices and rate cuts by major central banks including Japan a

The Bank of Japan released minutes from its June 15-16 monetary policy meeting on the 5th, revealing that most committee members assessed upside risks to inflation due to persistent logistics impacts from Middle East tensions. Members identified concerns that high oil

China's overnight SHIBOR rate fell to 1.3604%, declining 0.56 basis points. The 7-day SHIBOR dropped 1.1 basis points to 1.3770%, while the 3-month rate held steady at 1.4300%.

According to its June policy meeting minutes released on August 5, the Bank of Japan (BOJ) raised its benchmark rate to 1.0%, the highest in 31 years, with most board members citing persistent inflation risks. The committee noted that higher crude oil prices and currency fluctuations continue to

According to Yonhapnews, SK Hynix, a major institutional buyer in South Korea's credit bond market, faces a declining pool of investment opportunities as companies reduce corporate bond issuance due to rising interest rates. Data released by South Korea's Financial Services Commission shows that co

According to Yonhap Infomax, the dollar-to-won exchange rate fell to 1,428.10 won on August 5, down 4.40 won from the previous day's close of 1,432.50 won, supported by U.S. Treasury Secretary Scott Bessent's comments on currency stability and foreign investor stock purchases. Bessent stated in a