DXY & Forex

According to The Economist, on July 13, U.S. Trade Representative Jamieson Greer threatened Brazil with 25% retaliatory tariffs, claiming the country's real-time Pix payment system unfairly discriminates against American financial firms like Visa and Mastercard. President Luiz Inácio Lula da Silva r

The USD/KRW exchange rate fell 1.60 won to 1,499.80 won at 9:05 AM on May 13 in the Seoul foreign exchange market, compared to the previous trading day's Seoul close. The decline occurred despite escalating US-Iran military tensions, as improved supply-demand expectations exerted stronger downward p

Bitcoin (BTC) experiences extreme short-term volatility; as of July 13, it is temporarily trading around $63,780. The Bank of Thailand requires that personal cash deposits above 5 million Thai baht need proof of source, and it will strengthen monitoring of stablecoin transactions. Pakistan’s crypto-asset regulator has met with scholars who issued a ruling banning digital assets, and believes that stablecoins, tokenized assets, and unsecured tokens should be judged separately. Macroeconomic Event

According to broker data, the USD/KRW spot rate in Seoul's foreign exchange market traded at par (0) level before 9 a.m. on July 13. One major broker reported the transaction at this level, while another had no trading activity. The NDF fixing position remained neutral, indicating market

From 01:00 to 02:00 UTC on July 13, 2026, BTC traded within a narrow range of $63,658.1–$64,069.0 USDT, with a low volatility of 0.64%, a return of -0.33%, and an overall weak consolidation pattern. Market attention has increased compared to the previous few days, but trading activity remains thin; in the short term, neither bulls nor bears show clear directional intent. The main driver behind this movement is a sharp escalation of Middle East geopolitical conflict, which has triggered broader m

From 01:45 to 02:00 (UTC) on July 13, 2026, BTC fell 0.44% within 15 minutes. The price dropped from $63,698.6 USDT to $63,397.9 USDT, with a 0.47% amplitude. Overall market volatility increased but remained limited: the 24-hour move was only +0.24%. Price action stayed within a narrow $63,572–$64,433 range, suggesting both bulls and bears are waiting amid macroeconomic uncertainty. The main driver behind this abnormal move is a sharp escalation in Middle East geopolitical conflict. After the U.

The Indonesian rupiah depreciated to 18,110 against the U.S. dollar, marking its weakest level since June 9.

The U.S. two-year Treasury yield reached 4.2393% on July 13, marking its highest level in 17 months. Federal funds futures are pricing in an expectation of 39 basis points of rate increases by December, reflecting market expectations for additional policy tightening by the Federal

According to Seoul forex dealers, the USD-KRW exchange rate is expected to move around 1,490–1,505 won on July 13. SK Hynix's American Depositary Receipt (ADR) listing, which raised approximately 26.5 billion USD, is anticipated to weaken the dollar as the company plans to convert a significant

Seoul's forex market dealing rooms are experiencing varied operational impacts one week after the official transition to 24-hour trading on the 6th. Banks implementing shift work report dealer fatigue from altered schedules, while institutions not actively covering overnight hours notice minimal

According to Yonhap Infomax, Seoul's FX market officially switched to 24-hour trading from July 6, 2026. Under New York summer time, trading now runs from 6 AM Monday to 6 AM Saturday, extending the previous 9 AM to 2 AM window to continuous operation. Trading volume during early morning hours

Korean and Japanese forex authorities have intensified market interventions and coordination signals, causing USD-KRW and USD-JPY exchange rates to retreat from recent highs. On July 10, Korean Vice Finance Minister Moon Ji-seong's verbal intervention drove USD-KRW from an intraday peak

The People's Bank of China conducted a 224 billion yuan 7-day reverse repo operation today (July 13), with an interest rate of 1.40% remaining unchanged from the previous operation. Both the tender and successful bid amounts were 224 billion yuan.

According to Bloomberg, global funds sold South Korean bonds on July 13 at volumes not seen in nearly three months, signaling reduced risk appetite among overseas investors in the Korean bond market.

According to Barclays on July 13, inflation forecasts have deteriorated despite oil prices falling sharply from peaks during Iran conflicts. The bank said the Federal Reserve's policy path of maintaining steady rates rather than raising them has narrowed significantly in recent months, though this r

According to China's interbank foreign exchange market data released on July 13, the USD/CNY mid-price dropped 17 basis points to 6.7972, reflecting yuan strength. EUR/CNY declined sharply by 312 points to 7.7400, while GBP/CNY fell 307 points to 9.0850 and CHF/CNY dropped 386 points to

According to a report released by East China Securities on July 13, Chinese insurers are shifting their long-bond allocation strategy from extending duration to optimizing asset structure. The report notes that while long-duration bonds remain core to insurer asset portfolios, simply extending

South Korean credit market participants are observing buying activity in 1- to 2-year bonds despite credit spreads reaching record highs, raising expectations that the market may stabilize in the near term. The Bank of Korea is widely expected to begin raising its base rate this month with a

According to Yonhap Infomax, on July 13, South Korea's credit spreads (credit spreads over benchmark rates) reached record highs, but short-term buying demand has begun to emerge as market participants expect the central bank to limit the number of interest rate hikes in this cycle to around four.

The Seoul bond market is forecast to weaken on July 13 as investors digest a 2.8 trillion won 10-year treasury auction amid heightened geopolitical risks in the Middle East. The US Central Command announced additional airstrikes in the Hormuz Strait at 6am Korean time on the 13th, targeting