DXY & Forex

According to Yonhapinfomax, the National Pension Service appointed Lee Gyuhong as the new head of its asset management division (CIO) on September 14, with his term beginning September 15. Lee will oversee funds totaling 1,865.6 trillion won, marking a more than 100-fold increase from his previous r

According to Yonhap Infomax, as of today (September 14), South Korea's short-term financing market is experiencing heightened competition. Korea Investment Securities recently introduced special-offer commercial papers with annual yields of 4.9% for one-year maturity and 4.7% for 181-day maturity, o

According to Bank of America's Chief Investment Strategist Michael Hartnett, markets are facing three converging pressures that could trigger autumn stagflation: record-high diesel prices at $6 per gallon, 30-year Treasury yields at their highest since 2007, and productivity concerns despite

According to the New York Federal Reserve, on September 14, the central bank announced it will suspend Treasury bill purchases (reserve management purchases, or RMP) for one month beginning September 15 through October 14. This marks the second consecutive month of suspension. Meanwhile, the Fed wi

According to the People's Bank of China, on Sept 15, the central bank will conduct a 500 billion yuan outright reverse repurchase operation (reverse repo) with a maturity of 6 months. Meanwhile, the PBOC reported that M2 money supply rose 7.5% year-over-year to 356.81 trillion yuan at end-August, wh

The US dollar strengthened for a third consecutive trading session, with the dollar index rising 0.377% to 99.490 as of 4 PM Eastern Time on the 14th. The currency gained support from rising international oil prices driven by Middle East instability, specifically Saudi Arabia's shutdown of its

The US dollar strengthened for a third consecutive trading day on May 14, driven by Middle East tensions and surging oil prices following Saudi Arabia's pipeline shutdown. Dollar-Yen rose 0.435% to 154.357 yen, while the Dollar Index climbed 0.377% to 99.490, though gains moderated after President T

According to Yonhapinfomax, the U.S. dollar rose for a third consecutive day on September 14 (U.S. Eastern Time), climbing 0.668 yen (0.435%) to 154.357 yen against the Japanese yen. The dollar index tracking the currency against six major peers gained 0.374 points (0.377%) to 99.490. Oil prices

According to Castle Securities, the European Central Bank's rate hike last week drove European and UK bond yields higher amid global debt market sell-offs. However, weak economic growth may ultimately limit further upside in yields. The ECB's decision cited rising inflation risks, while energy

US Treasury bonds strengthened on May 14 (US Eastern Time), with long-term maturities showing relative resilience as yields declined across the curve. At 3 PM New York time, the benchmark 10-year Treasury yield traded at 4.9600%, down 1.40 basis points from the prior session's 3 PM reference rate, a

According to Yonhapinfomax, on September 14, U.S. 10-year Treasury yields briefly surged to 5.0140% during intraday trading in New York before retreating to 4.96% by 3 p.m. ET. The spike was driven by rising oil prices following the closure of Saudi Arabia's east-west pipeline. President Trump

According to CME FedWatch data released September 15, the probability of the Federal Reserve raising rates by 25 basis points by September stands at 92.4%, with only a 7.6% chance of holding rates steady. For October, markets price in a 52% probability of a 25 basis point hike and a 44% probability

Morgan Stanley predicts the Federal Reserve will raise interest rates in September and December.

Bank of Korea data released on September 15 showed South Korea's August export prices fell 3.7% month-over-month in won terms, the steepest decline in 3 years and 8 months, while import prices dropped 2.4% over the same period. The export price decline was driven by a falling won-dollar exchange

According to Bank of Korea data released on September 15, South Korea's export prices fell 3.7 percent month-on-month in August, the largest decline since December 2022. Import prices fell 2.4 percent over the same period. The won's appreciation against the U.S. dollar and declining chemical

On Monday, September 14, U.S. 10-year Treasury yields hit 5.0121% at 22:26 Beijing time, marking the highest level since October 2023. The benchmark yield climbed 0.62 basis points from the open to 4.9731%, before accelerating higher throughout the trading session and approaching the previous peak o

On Monday, September 14, the USD/JPY exchange rate rose 0.42% to 154.25 yen at the New York close, trading within a daily range of 153.38–155.00 yen. EUR/JPY gained 0.03% while GBP/JPY rose 0.32%. The Japanese yen weakened 0.23% against the offshore Chinese

According to ICE data, the U.S. Dollar Index rose 0.30% to 99.416 on Monday (Sept 14) at New York close, continuing its uptrend through Asia-Pacific trading and hitting 99.736 at 21:58 Beijing time, approaching the Sept 2 peak of 99.863 and the Aug 13 high of 100.083 before paring some

China's onshore yuan (CNY) weakened to 6.7085 against the U.S. dollar at Beijing time 03:00 on September 14, down 6 pips from Friday's close, with trading volume at 54.67 billion U.S. dollars.

According to Royal Bank of Canada, the central bank's chief economist Francis Donald and her team forecast that the Bank of Canada will raise rates four times next year, lifting the policy rate to 3.25%, amid concerns about rising energy prices and economic improvement. However, the risk of an