DXY & Forex

The US Court of International Trade questioned the Trump administration's Section 301 forced labor tariffs targeting 60 economic zones including South Korea during a hearing on April 30 (local time). A three-judge panel scrutinized whether USTR Representative Jamieson Greer properly applied

According to Gate, USD/JPY broke through 158.0 and now trades at 158.017, up 0.7% in 24 hours. The Japanese yen continues to weaken against the U.S. dollar as markets digest recent developments.

South Korea's foreign exchange authorities net sold $9.612 billion in the second quarter to stabilize the market, a 29% decrease from the previous quarter's $13.6 billion despite the USD-KRW exchange rate reaching a 17-year high of 1,561

According to the Bank of Korea, foreign exchange authorities sold $9.612 billion net in the second quarter, down 29% from the previous quarter, even as the won-dollar rate hit a 17-year high of 1,561 won in early June. The won-dollar exchange rate rose 1.26% from end-March to end-June, tracking

Australia's goods and services trade balance came in at A$495 million in August, significantly below the forecast of A$2.1 billion and down from A$1.923 billion in July.

According to The Block analysis, U.S. inflation cooled in August, with the overall PCE price index rising 0.3% month-over-month and 3.4% year-over-year, while core PCE increased 0.2% month-over-month and 3.0% year-over-year. The data came in below market expectations, reducing expectations for a

Minneapolis Federal Reserve President Neil Kashkari signaled on September 30 at a Council on Foreign Relations event that one additional rate increase may occur this year. Kashkari revised his estimate of the neutral federal funds rate upward to 2.5% in September, citing economic

The yen fell to the mid-157 per dollar range at the Tokyo foreign exchange market open on October 1st, driven by rising US long-term interest rates amid a resilient US economy. At 8:30 AM Tokyo time, the yen traded at 157.38-157.40 per dollar, down 0.48 yen from 5:00 PM the previous day. The

South Korea's Financial Services Commission (FSC) Chairman Lee Eok-won on 1일 ordered financial regulators to implement timely market stabilization measures if market instability spreads, citing concerns over recent rises in market interest rates. Lee made the directive during a financial market

According to Yonhapinfomax, South Korea's Financial Services Commission chairman Lee Eak-won convened a financial market situation review meeting on October 1, directing agencies to implement market stabilization measures proactively as market rates continue rising. Lee instructed officials to

Korean retail investors purchased $1.763 billion in US bonds during September while selling only $404 million, resulting in net purchases of $1.363 billion as US Treasury yields climbed sharply. The buying surge, where purchases exceeded sales by a 4-to-1 ratio, was driven by rising bond interest in

According to Hana Securities, on September 30, the company issued $300 million of U.S. dollar-denominated subordinated notes, marking the first such issuance by a domestic South Korean securities firm. The notes carry a 30-year maturity with a call option exercisable after 5 years, received a BBB

According to iM Securities, 18 South Korean banks issued 128 types of bonds totaling 28.038 trillion won in September, exceeding August's 24.9 trillion won and July's 25.7 trillion won, as well as the January-August monthly average of 22 trillion won. The surge was driven by end-of-quarter

According to Korea Securities Depository, South Korean retail investors made a net purchase of $1.363 billion in U.S. Treasuries in September, marking the third consecutive month of buying as yields on the 10-year U.S. Treasury surged to 5.3%—the highest level in 24 years—on September 30. In the

According to Yonhapinfomax, Seoul's bond market focused today on South Korea's Treasury bond issuance plan, which will be announced after market close on October 1. The government plans to reduce Treasury bond issuance from planned levels by using surplus tax revenue for repayment. With 44

According to Yonhap Infomax, on October 1, the U.S. economy exceeded expectations with second-quarter GDP growth reaching 2.2% annualized, surpassing forecasts of 1.5% and first-quarter growth revised upward to 2.5%. The stronger-than-expected economic performance supported U.S. dollar strength; the

According to Yonhap Infomax, Hong Kong financial market closes on October 1 for China's National Day holiday, while mainland China observes the week-long holiday through October 7. U.S. stock markets ended mixed yesterday, with the Dow Jones and S&P 500 retreating after initial gains driven by

The USD/KRW exchange rate rose to 1357.8 won at 9:18 AM on October 1st in the Seoul foreign exchange market, up 5.0 won from the prior session's 3:30 PM close of 1352.8 won, driven by US dollar strength amid expectations of prolonged Federal Reserve tightening. The rate briefly exceeded 1360 won

According to Jin10, India received a record $133 billion in remittances from overseas nationals in recent months, resulting in excess liquidity that pushed overnight rates below the Reserve Bank of India's 5.25% policy rate. The central bank has absorbed over 1 trillion rupees (approximately $10.4 b

On October 1, according to News1, the USD-KRW exchange rate rose to 1358.60 won, up 5.8 won from the previous week's close. South Korea's KOSPI index declined 45.69 points (0.67%) to 6792.35, while KOSDAQ fell 0.08 points (0.01%) to 855.83.