DXY & Forex

According to Bloomberg, Indonesia's Finance Minister Purbaya Yudhi Sadewa announced on Tuesday that the country plans to issue panda bonds worth 7 billion yuan (approximately 1 billion USD) for the first time, with bond pricing expected on July 23 depending on market conditions. Purbaya stated that

Moon Ji-sung, South Korea's Deputy Minister for International Economic Management, described recent dollar inflows as a 'rainy season not a shower' on the 21st. He told Yonhap Infomax after London investor meetings that won strengthening reflects structural FX supply changes, not temporary shifts. M

On July 21, South Korea's Vice Finance Minister Moon Ji-sung forecasted that the Korean won would appreciate further in the second half, citing sustained dollar inflows rather than temporary flows. The official noted that corporate forward exchange sales hit an 18-year high in the second quarter

The Bank of Korea confirmed the official name of its offshore won settlement system as 'BOK-Wire Int' and announced it is proceeding with construction work targeting a September pilot launch. Four banks — Kookmin, Woori, Hana, and Shinhan — will participate in the pilot operation. The system aims

According to Yonhap Infomax, South Korea's central bank confirmed on July 21 that it will officially name its offshore won settlement system 'BOK-Wire Int' and proceed with trial operations targeting September 2026. Four domestic banks—Kookmin, Woori, Hana, and Shinhan—will participate in the

According to Jin10 Data, on July 21, U.S. core PCE inflation is forecast to rise modestly 0.18% month-over-month to 3.3% year-over-year in June, marking the lowest monthly pace since November last year. Andy Burnham was formally appointed as UK Prime Minister by King Charles. Separately, South

Japan's 40-year government bond yield rose 1.5 basis points to 3.890% on July 21.

In May, UK average wages including bonuses grew 4.3% year-over-year, down from 4.4% in the prior period.

Switzerland's trade surplus in June reached CHF 5.224 billion, down from the previously reported CHF 6.11 billion, which was revised to CHF 5.989 billion.

In May, the UK's three-month average wage growth rate excluding bonuses came in at 3.4% year-on-year, matching both the forecast and the previous reading of 3.40%, according to official data.

The UK unemployment rate dropped to 4.4% in June, down from 4.50% in the previous month, marking a 0.1 percentage point decline.

Switzerland's June trade balance and UK employment data including the May three-month ILO unemployment rate, June public sector net borrowing, jobless claims, and unemployment rate will be released in approximately 10 minutes on

According to Yonhap News, on July 21, the Korean won traded at 1,479.60 against the U.S. dollar as of 11:09 a.m., up 1.20 won from the previous close of 1,478.40. The pair oscillated between a low of 1,475.50 and a high of 1,480.40, settling in the late 1,470s range amid mixed directional

According to Seoul Money Broker and Korea Money Broker data, USD-KRW spot trading volume averaged $18.6 billion daily from July 6-16, up 16% from the prior 30-day average, driven by foreign investors selling local chip stocks following the won's entry into 24-hour trading two weeks

According to Yonhapinfomax, on July 21, South Korea's 10-year government bond yield rose 2.3 basis points to 4.365%, while the 30-year yield increased 3.6 basis points to 4.571%. The three-year benchmark yield remained flat at 3.897% compared to the previous day. In government bond futures

According to Jin10, Japan's cabinet approved an annual economic and fiscal policy plan on Tuesday, July 21, emphasizing the independence of the Bank of Japan but sidestepping Prime Minister Sanae Takayama's promised reduction of food sales tax. The plan, which incorporates language requiring the

On July 21, Japan's 30-year government bond yields rose 3 basis points, reaching 3.90%.

According to the Bank of Korea on July 21, the central bank unveiled the formal name of its offshore won settlement system as 'Bank of Korea International Payment Network' and is building it to launch pilot operations by September. Four commercial banks—KB Kookmin Bank, Woori Bank, Hana Bank, and