DXY & Forex

The US Federal Reserve announced a plan to reduce the frequency of interest rate decision meetings from eight to six times per year by 2028. Fed Chairman Kevin Warsh disclosed the phased reduction plan at a Federal Open Market Committee (FOMC) press conference on October 28 (US time). The decision h

The Seoul foreign exchange market will adjust its operating hours starting in November due to the end of New York daylight saving time. According to the Seoul foreign exchange market on October 30, the opening time on November 2 will be 7am, one hour later than the current 6am opening that has

Bank of America revised its Federal Reserve interest rate forecast after the October FOMC meeting, now projecting hikes in December and March. The investment bank previously expected October and December increases, according to a report published October 29 local time by Investing.com. BofA cited th

According to Seoul Foreign Exchange Market, trading hours will shift from 6 a.m. to 7 a.m. beginning November 2, 2026, following the end of U.S. daylight saving time in New York. Under the 24-hour continuous trading system launched in July, market opening had been at 6 a.m.; the one-hour delay

The People's Bank of China (PBOC) injected a net 141.1 billion yuan into money markets this week through October 30, marking a three-and-a-half-month weekly high. The PBOC conducted 15 billion yuan in seven-day reverse repos at 1.40% yield today, with 100 billion yuan in overnight reverse repos

China's interbank foreign exchange market set the daily midpoint for the yuan at 6.7138 per dollar on October 30, marking a 9-basis-point appreciation. The euro weakened to 7.4792 per yuan, depreciating 222 basis

According to a Yong'an Futures report on October 30, the Federal Reserve held interest rates steady at the October FOMC meeting as expected, with limited new information. The strong dollar and elevated interest rate environment continue to weigh on precious metals. NYMEX palladium prices have

According to Fortune, citing Berenberg chief economist Holger Schmieding, ECB President Christine Lagarde announced on October 29 her early resignation effective February 7, 2027, accelerating her originally scheduled departure date of October 31, 2027. Schmieding stated the decision will not

According to Guru Club, the Taiwan dollar declined 0.4% against the US dollar to 32.622 on October 30.

Eleven Korean bond market experts surveyed by Yonhap Infomax forecast November government bond yields at 3.81% for 3-year notes and 4.11% for 10-year notes, with attention focused on the terminal rate level to be confirmed at the Bank of Korea's November monetary policy committee meeting. Experts an

Thirteen foreign exchange experts from Seoul financial institutions forecast the USD-KRW exchange rate will trade between 1,302 won and 1,361 won in November, according to a survey conducted on the 30th by Yonhap Infomax. The average low-end forecast of 1,302.38 won is 29 won below October's

According to 13 financial institutions surveyed by Yonhap Infomax on October 30, South Korea's USD/KRW exchange rate is expected to trade between 1,302 and 1,361 won in November. The low-end forecast of 1,302.38 won marks a 29-won decline from October's projection. Analysts attributed the downward p

Rick Rieder, Global Fixed Income Chief Investment Officer at BlackRock, the world's largest asset manager, assessed US Federal Reserve rate policy on October 29 (local time) via an X post, stating that 'the question is not simply whether to raise rates, but whether rate hikes can actually solve

According to BlackRock Chief Investment Officer Rick Rieder, on October 29, the question around Federal Reserve policy is not whether to raise rates, but whether rate increases can actually solve current inflation pressures. Rieder noted via X that different economic sectors and inflation itself

According to ChainCatcher data from Gate, on October 30, the U.S. 10-year Treasury yield fell 8.5 basis points to a seven-week low of 4.902%, while the 2-year yield declined 8.7 basis points to 4.5648%.

According to Gate data, USD/JPY (USDJPY) fell to 157.493 in the last 24 hours, declining 0.3% over the period.

As of today, federal funds futures prices rose following market pullback in bets on Federal Reserve rate hikes. Markets are now pricing in approximately 70% probability of a December rate increase from the Fed.

According to Yonhap Infomax, U.S. stocks fell sharply on October 29 as Alphabet's disappointing third-quarter earnings sparked a broad selloff in technology shares. The Nasdaq declined 1.38%, the S&P 500 fell 0.30%, and the Dow Jones

South Korea's four largest financial holding companies—KB Financial, Shinhan Financial, Hana Financial, and Woori Financial—reported net interest margin (NIM) declines in the third quarter of 2025 despite rising interest rates. Woori Financial recorded the steepest drop of 7 basis points to 1.68%,

Japan's retail sales in September grew 2.3% year-on-year, falling short of the 3.3% forecast and declining from the previous month's 2.7% growth, according to official data.