DXY & Forex

According to multiple reports on September 21, Anthropic has postponed its initial public offering to November, with valuations reaching $2 trillion and annualized 2026 revenues expected to exceed $100 billion. Meanwhile, Iran signaled willingness to negotiate with the U.S., with intermediaries

According to Jin10, the Federal Reserve's permanent voting members and incoming 2027 governors are scheduled for intensive speeches throughout the week of Sept. 23-29, including Barkin, Williams, and Goolsbee. Meanwhile, Chinese Vice Premier He Lifeng will lead delegation for U.S. economic

South Korea's five major banks — KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup — intensified deposit rate competition this month, with KB Kookmin Bank raising rates twice within a week. On the 21st, KB Kookmin increased its KB Star time deposit rates by 0.1 percentage points for terms

According to financial sources, KB Kookmin Bank raised its KB Star fixed deposit rates by 0.1 percentage points on September 21, lifting the 1–2 year rate to 3.5% annually. The bank had increased rates by up to 0.6 percentage points on September 14. Other major banks also hiked rates this month:

According to Meritz Securities on September 21, LG Innotek's third-quarter operating profit is forecast to decline 26.3% year-over-year to 151.1 billion won, representing a 51.8% miss versus market consensus of 311.2 billion won. The brokerage cut its Q3 operating profit estimate by 53.6% from

Foreign investors sold 11.1623 trillion won worth of Korean stocks in the main market over the recent week while shifting into financial, energy, and defense sectors, according to Korea Exchange data reported on the 21st. The selling concentrated on semiconductor giants Samsung Electronics and SK

According to Evercore ISI and Wall Street analysts, Japan's central bank raised its benchmark rate by 0.25 basis points on Friday but signaled a dovish tone, with two board members voting against the hike. BOJ Governor Kazuo Ueda stated the bank would act preemptively on inflation while avoiding

According to overseas brokers, USD/KRW 1-month NDF rose to 1,386.80 won (MID) on Sept 18, local time, up 3.95 won from Seoul's previous close of 1,383.30 won when accounting for the 1-month swap point of negative 0.45 won. Bid was quoted at 1,386.60 won and ask at 1,387.00 won. The Bank of Japan

According to Wind data, China's central bank will face 272 billion yuan in 7-day reverse repo maturities this week (Sept 21-24). Experts noted that the People's Bank of China has maintained flexible and precise liquidity provision with sufficient injection capacity to offset major disruptions. The m

US stock indices closed mixed on Friday as the S&P 500 rose 0.17% and Nasdaq gained 0.39% while the Dow fell 0.18%. The session coincided with triple witching day when futures and options expired simultaneously, with Citadel Securities reporting a near-record $7 trillion in expiring options

According to Business Insider, DoubleLine Capital Chief Investment Officer Jeff Gundlach warned recently that rising U.S. Treasury yields pose significant risks to the economy and financial markets. The 10-year yield recently broke above 5% for the first time in years, and Gundlach cautioned it

The Philadelphia Semiconductor Index rose 2.78% following a prior 3.14% gain, sustaining a rally despite US 10-year Treasury yields surpassing 5%. Approximately $100 million flowed into semiconductor call options on Thursday, with similar volumes on Friday targeting Micron, SanDisk, and Marvell

According to CME FedWatch, as of September 20, market pricing indicates a 56.5% probability of a 25 basis point rate hike at the October FOMC meeting, with a 43.5% chance of no change. Looking further ahead, through December, markets price in a 46.6% probability of cumulative 25bp hikes, a 33.3% pro

Twenty foreign exchange experts surveyed by Seoul Economic Daily recommend the Korean won strengthen from its current level of 1383.3 won per dollar (closed on the 18th) to the 1300-range to stabilize inflation and boost household purchasing power. Fourteen of the 20 experts (70%) assessed won stren

According to an emergency survey by Seoul Economic of 20 foreign exchange experts on September 20, the 1,300-1,350 KRW/USD range was identified as the optimal exchange rate, with 7 experts citing this band as most appropriate. Fourteen of the 20 respondents (70%) assessed won strength as positive fo

On September 20, Minneapolis Federal Reserve President Neel Kashkari stated that U.S. inflation remains elevated and pressures have broadened beyond oil price impacts from Middle East conflicts, extending across multiple economic sectors. According to Kashkari, the Fed is increasingly concerned that

US Treasury Secretary Scott Bessent on local time refuted reports that foreign investors are pulling back from US assets, stating that the dollar was involved in 89.2% of global foreign exchange transactions. Bessent emphasized that foreign investors still hold massive amounts of US assets. The

According to Yonhap Infomax, U.S. Treasury Secretary Scott Bessent stated on September 20 that the dollar accounts for 89.2% of global foreign exchange transactions, reaffirming the currency's central role in international finance. Bessent emphasized that foreign investors continue to hold

Fed Vice Chair Austan Goolsbee will deliver remarks on September 21 at 18:30, while Bank of Canada Governor Tiff Macklem will attend an event at 23:20. Scheduled remarks from central bank officials typically influence market expectations regarding monetary