DXY & Forex

According to Yonhap Infomax, on September 23, U.S. stock index futures showed mixed performance amid easing U.S.-Iran tensions. E-mini S&P 500 futures declined 0.02% to 7,830.50, while E-mini Nasdaq-100 futures rose 0.04% to 31,040.00. Overnight, the Nasdaq index hit record highs at both intraday an

Morgan Stanley raised its interest rate hike forecasts for the U.S. Federal Reserve, European Central Bank, and Bank of Japan on September 22 (local time), according to Seth Carpenter, the firm's Global Chief Economist, speaking via podcast. The revisions over the past two weeks reflect additional r

According to Seth Carpenter, Morgan Stanley's chief economist, the investment bank raised its forecasts for interest rate hikes by the Federal Reserve, European Central Bank, and Bank of Japan on September 22. Morgan Stanley now expects the Fed's policy rate to reach 4.25%-4.5% following a September

According to leaked documents reported by the Financial Times, the Kremlin-linked A7 network transferred more than $6.9 billion through shell companies and forged shipping documents, with the cooperation of international banks. The international banks involved were effectively unaware of the true identities of the people manipulating transactions involving A7. TRM Labs tracked more than $166 billion in A7-related on-chain transaction volume, including fund transfers linked to Iran’s Islamic Revo

The US Treasury yield curve flattened sharply overnight as the 10-year and 2-year bond spread narrowed to 22 basis points, down from nearly 75bp in February, according to data reported by Yonhap Infomax. Bond strategists attribute the rapid compression to rising 2-year yields driven by market

Seoul's bond market experienced significant volatility the day before the 23rd as unconfirmed rumors about 20-year treasury bond issuance methods spread among participants. The Ministry of Economy and Finance later confirmed no募集-style issuance would occur this month, debunking the speculation.

According to Yonhapinfomax, on September 23, Seoul's bond market experienced significant volatility after an unverified rumor spread that the government would include 20-year Treasury notes in its current subscription-based issuance. The 20-year benchmark Treasury yield surged sharply amid the

According to Yonhapinfomax, on September 23, the spread between U.S. 10-year and 2-year Treasury yields narrowed to 22 basis points overnight, down sharply from nearly 75bp in February. While a yield curve inversion is traditionally viewed as a recession signal, bond strategists argue the current si

According to Yonhapinfomax, South Korean government bond futures opened strong on September 23 morning, driven by a continued decline in crude oil prices. At 9:13 a.m. local time, 3-year government bond futures rose 6 basis points to 102.35, while 10-year futures climbed 29 basis points to 104.37.

The Korean Won has surged over 14% against the US dollar since early July, posting the largest gain among major Asian currencies, as options market participants increasingly bet on further Won strength through year-end, Bloomberg reported on the 23rd. The USD/KRW exchange rate fell 1.3% the

South Korean household M2 money supply in July declined 1.6% year-over-year, marking the largest decrease since the Bank of Korea began compiling related statistics in 2003. The contraction occurred despite individual investors significantly reducing stock purchases compared to May and June, when ne

According to South Korea's central bank, household money supply (M2) declined 1.6% year-over-year in July, marking the largest drop since data compilation began in 2003. This represents only the fourth month on record when household M2 contracted compared to the previous year, following January

According to Yonhap Infomax, Hyundai Motor Securities and IBK Investment Securities have been excluded from the Bank of Korea's list of eligible institutions for monetary stabilization securities auctions effective August 2026. The number of participating securities firms has decreased from 15 to 14

According to the Federal Reserve Bank of New York, U.S. Treasury market trading volumes have increasingly concentrated around 4 PM instead of the traditional 3 PM benchmark pricing time, according to research by Michael Fleming and Or Shahar released on September 22. The shift began after

ING Bank analyst Mihil Tooker stated on 22일(현지시간) that Eurozone interest rates declined more slowly than oil prices fell. The analyst cited an asymmetric relationship where rate increases during oil rallies outpace rate decreases during oil declines. Tooker noted 2-year swap rates remain

According to multiple brokers, USD-KRW spot rates in Seoul's foreign exchange market traded at par on Sept 23. The NDF fixing position held neutral, indicating no imbalance in derivative contracts that regional market participants need to settle after market

API-based automated trading systems have emerged as a significant factor behind the recent expansion in USD-KRW exchange rate volatility, according to Seoul forex market participants on September 23. The previous trading day saw the USD-KRW rate break below the 1,380 KRW level following

According to Seoul Foreign Exchange Market participants on September 23, the dollar-won exchange rate experienced heightened volatility driven partly by API-automated trading. The intraday swing reached 21.50 won, with the rate dropping sharply from above 1,380 won to 1,350 won levels following

U.S. Treasury Secretary Scott Bessent posted repeatedly on X on September 20, forcefully responding to The New York Times’ negative assessment of the U.S. economy and citing multiple data points to defend the dollar’s global dominance. Bessent specifically pointed out that the dollar remains on one side of 89.2% of global foreign exchange transactions, that major stablecoins are all pegged to the dollar, and that the global stablecoin market cap exceeds $250 billion—evidence that the dollar’s in

Seoul foreign exchange dealers forecast USD-KRW to trade in the 1,350 won range with heavy upside resistance on September 23. The forecast reflects strengthened global risk appetite driven by dialogue momentum between the United States and Iran at the UN General Assembly, alongside tech stock