DXY & Forex

The Reserve Bank of India launched a targeted campaign in June 2026 to attract foreign-currency deposits from its diaspora, pulling in a record $127 billion in FCNR(B) deposits by early September 2026. The central bank removed hedging costs on these accounts, enabling banks to offer interest rates o

South Korean government bond markets experienced sharp curve flattening on the previous trading day, with the 30-year benchmark yield dropping 7.8 basis points while shorter-tenor yields declined more modestly. The movement triggered stop-loss selling among domestic institutions as positions built o

According to Jin10 Futures, the CFETS-NEX market-wide sentiment index on Chinese yuan liquidity fell to 51 as of 10:15 on September 18, down 1 point from 08:45. By institution type, large banks reported 50 (down 1), mid-sized banks 52 (down 1), and non-bank institutions 50 (down 1). The index

According to Yonhapinfomax, on September 18, the USD/KRW spot rate in Seoul's foreign exchange market traded at +0.05 won as of 9 a.m., according to multiple brokers. NDF fixing positions held neutral ahead of market

According to the Nikkei, the Bank of Japan (BOJ) is expected to decide at its September 18 monetary policy meeting to raise the unsecured overnight call rate (policy rate) by 25 bps, from the current 1.00% to 1.25%. If approved, 1.25% would be the highest policy rate in 31 years, since 1995. Financial markets, including equities, are closely watching the outcome of the meeting and Governor Kazuo Ueda’s subsequent press conference. Expected Decision: Unsecured Overnight Call Rate to Rise to 1.25%

According to Yonhap Infomax, the Bank of England announced on September 17 a major restructuring of its quantitative tightening program. Of its GBP 490 billion gilt holdings, BOE will retain GBP 120 billion as collateral, allow GBP 222 billion to mature passively by 2035, and shift GBP 146 billion m

According to RBA Governor Michele Bullock on Friday (September 18), Australian businesses are beginning to express concerns that high inflation will not return to below 3%, raising worries about inflation expectation adjustments. Speaking to a parliamentary committee, Bullock said businesses are

According to Japan's Statistics Bureau, core consumer price index rose 1.7% year-over-year in August, falling short of market expectations of 1.8% and declining from 1.8% in July. The headline CPI, including fresh food and energy, increased 1.9% year-over-year, unchanged from the previous

The U.S. Treasury market showed signs of recovery overnight after experiencing severe sell-off pressure, with the 10-year Treasury yield falling over 5 basis points to 4.947% according to Yonhap Infomax on the 18th. Market analysts attribute the stabilization to three converging factors: inflation e

Seoul forex dealers forecast the dollar-won exchange rate will fluctuate within a relatively wide range on January 18, influenced by the Bank of Japan's (BOJ) interest rate decision. The BOJ announces its base rate decision at noon on January 18, with markets expecting a 25 basis point hike

According to Yonhapinfomax on September 18, U.S. 10-year Treasury yields fell overnight to 4.947%, down over 5 basis points from the previous session, as markets recovered from recent losses in the Treasury market. The decline was driven by stabilizing inflation expectations following the Federal

According to Odaily, USD/CNH (USDCNH) fell to 6.700, trading at 6.69914 with a 24-hour decline of 0.2%, based on Gate data.

Offshore yuan strengthened to 6.6967 against the dollar today (September 18, 2026), marking its highest intraday level since July 2022.

According to the People's Bank of China, today the central bank conducted 463.3 billion yuan in 7-day reverse repurchase operations at a 1.40% interest rate, with full subscription and allocation. The PBOC also conducted 100 billion yuan in 14-day reverse repo operations using

Foreign investors sold Korean stocks for seven consecutive trading days through the previous day, while the USD-KRW exchange rate rebounded from the 1,330 won range to the 1,380s in approximately two weeks. This month, foreign investors cumulatively sold 12.9144 trillion won worth of shares,

China's yuan midpoint rate rose 59 points to 6.7521 against the dollar yesterday (September 17), marking the strongest level since February 3, 2023, and the biggest daily gain since July 15, 2026.

The Bank of Japan faces structural constraints limiting aggressive policy tightening as its monetary policy meeting results are expected around lunchtime on September 18, according to analysis from Nomura Research Institute and Mizuho Bank strategists. Japan's excess reserves, estimated at

According to multiple financial institutions, the Bank of Japan is widely expected to raise its policy rate by 25 basis points to 1.25% on September 18. Most economists surveyed by Reuters anticipate the rate will reach 1.5% by March 2027 and 1.75% by Q2 2027. However, market participants have

According to Richard Koo, chief economist at Nomura Research Institute, the Bank of Japan faces significant structural constraints limiting its room for aggressive monetary policy tightening today. Japan's excess reserves have accumulated to approximately ¥400 trillion due to decades of

According to BlockBeats citing analyst Nick Timiraos on September 18, Trump claimed he had approved the Federal Reserve's recent rate hike through an advance call with Fed Chair Jerome Powell, contrary to his past criticism of the Fed keeping rates too high. However, a senior government official