DXY & Forex

According to Jin10 data, on August 14, traders increasingly bet on the Reserve Bank of Australia raising rates by 25 basis points in November to combat persistent inflation. Swap market pricing shows the probability of a November rate hike at 45%, up from 38% before Tuesday's RBA decision. Trading a

According to Jin10, offshore yuan interbank offered rates (CNH HIBOR) on Friday, August 14, showed mixed movements with most tenors declining. The one-week CNH HIBOR rose to 1.42697%, reaching its highest level since August 5. The overnight rate retreated to 1.37697%, while the two-week rate

Citibank forecasts that the Bank of Korea will raise its growth and core Consumer Price Index projections in its August economic outlook, according to a report released on August 14 by Citibank economist Kim Jin-wook. The bank expects a back-to-back interest rate hike in August while maintaining its

According to Citibank economist Kim Jin-wook's August 14 report, South Korea's central bank is expected to raise the policy rate by 25 basis points in August, November, and February, bringing the final target to 3.50%. The report forecasts the central bank will significantly raise 2026 and 2027

The US Treasury's 30-year bond auction on August 13 (local time) resulted in a yield of 5.216%, the highest level since 2001 and the fourth consecutive month exceeding 5.0%. The auction exhibited a tail phenomenon, with the issued yield 0.4 basis points above pre-auction trading levels, indicating i

According to the U.S. Treasury Department, yesterday (August 13), the 30-year U.S. Treasury auction showed a 'tail' phenomenon, with the issued yield of 5.216% exceeding pre-auction trading levels by 0.4 basis points. This was the highest yield since 2001 and marked the fourth consecutive month

South Korean financial authorities announced weighted trading incentives for overnight foreign exchange transactions at a meeting held on the 14th at Seoul Banking Center, led by Vice Finance Minister Heo Jang. The weighting system will assign up to triple weight to dollar-won trades conducted

According to South Korea's Finance Ministry, regulators announced on August 14 plans to significantly boost overnight foreign exchange trading by assigning up to 3x weighting to trades conducted between 10 p.m. and 6 a.m. when

According to the Bank of Korea, June broad money supply (M2) increased 0.7% month-over-month to 4,213 trillion won and rose 6.0% year-over-year, marking 22 consecutive months of expansion. Non-financial corporations significantly increased their currency holdings by 45.7 trillion won, driven by

On August 14, overnight SHIBOR stood at 1.3630%, down 0.4 basis points; 7-day SHIBOR was at 1.3900%, down 0.91 basis points; 3-month SHIBOR remained at 1.4300%, unchanged from the previous day.

According to Jin10, China's central bank deputy governor Zhou Yuan attended the BRICS finance ministers and central bank governors meeting held in Jaipur, India on August 12-13. Participants discussed global economic development and governance, strengthened emergency reserve arrangements, and

Daiwa Institute of Research released findings on the 14th analyzing Donald Trump's policy reversals through a composite 'TACO Index' (Trump Always Caves Out), concluding that the pattern represents a structural response mechanism to market and public pressure rather than inconsistent behavior. The i

According to Japan's Daiwa Institute, on August 14, the institute created a TACO index to measure Trump administration policy reversals driven by market and public opinion pressure. The index combines S&P 500 performance, U.S. Treasury yields, the dollar index, and Trump's approval ratings. When

Official data released by the Bank of Russia on August 13 showed that, as of the latest reporting period, foreign exchange reserves had increased from $720.3 billion to $740 billion, a rise of approximately $19.7 billion. The main factors behind the increase included rising gold prices, higher export revenues—including a recovery in energy exports—and the currency appreciation effect. Russia continues to diversify its reserves by increasing its gold holdings and reducing its exposure to dollar-d

The New Taiwan dollar (TWD) surged past the 32 per U.S. dollar level, marking its strongest position since July. The currency has been gaining against the greenback as market dynamics shift.

According to Jin10 Futures, as of 10:15 AM on August 14, China's CFETS-NEX overall market liquidity sentiment index fell to 47, down 2 points from 08:45. The indices for major banks, smaller banks, and non-bank institutions stood at 46, 48, and 46 respectively, each declining 2 points.

According to multiple foreign exchange brokers, the dollar-won spot MAR (market average rate) in the Seoul forex market was quoted at par level before 9 AM Seoul time on Aug 14. NDF fixing positions were square, indicating neutral positioning for regional market participants opening after the fixing

According to Abbas Kachwani, Royal Bank of Canada's head of macro strategy for Asia, on August 14, the Japanese yen has not been among the worst-performing currencies over the past month, benefiting from recent intervention efforts. Kachwani stated that the yen remains strong relative to currencies

The governor of the Philippine central bank said the bank could take more moderate measures in controlling inflation given the economic growth slowdown the country is experiencing.

Hanwha Ocean increased its currency hedge position by over $1.7 billion during Q2, according to Financial Supervisory Service filings. The South Korean shipbuilder sold $3.85 billion in dollar forwards by the end of Q2, up from $2.116 billion at the end of Q1, as it works toward a target hedge ratio of 70% to reduce currency risk. The company's hedge ratio rose from single digits to approximately 17% based on its 33 trillion won order backlog, with an average contract rate of 1,472.04 won per do