DXY & Forex

According to data from the Bank of Korea presented to lawmakers on August 23, South Korean non-financial companies' net dollar sales surged to $10.965 billion in Q2 2026, nearly quadrupling from $2.947 billion in Q2 2025. Gross dollar sales reached $263.59 billion, up 71.5% year-over-year, while dol

Rich Dad Poor Dad author Robert Kiyosaki characterized expanded U.S. Treasury debt buybacks as quantitative easing in an Aug. 22 post on X, urging followers to favor bitcoin, gold, silver, and certain real estate. The statement followed Treasury's Aug. 19 announcement that doubled certain

According to the Wall Street Journal on August 21, U.S. Treasury Secretary Scott Bessent, a former bond trader, announced an expansion of Treasury buyback programs to counter rising government bond yields. However, the market's response was muted, with yields continuing to climb despite the policy a

Japan faces mounting sovereign debt concerns as the Bank of Japan (BOJ) shifts toward monetary policy normalization, triggering a surge in government bond yields. Despite national debt exceeding 200% of GDP, Japan maintained ultra-low interest rates through BOJ bond purchases. The central bank's

According to Today News, Japan's government bond yields rose recently as the Bank of Japan (BOJ) shifted toward policy normalization, reducing its bond-purchasing capacity. Japan's debt exceeds 200% of GDP, historically supported by BOJ bond purchases that maintained ultra-low rates. The market

According to KB Securities, the U.S. Treasury Department announced on August 23 it would more than double the size of long-term bond buybacks, expanding purchases to at least $4 billion per session from the previous $2 billion cap, effective from September 9 through November 4. The move comes

According to PANews, Bank of China Hong Kong announced a strategic partnership with Ant International on August 23 to provide banking and settlement services for Alipay+ cross-border payments across Southeast Asia. The collaboration covers real-time corporate liquidity management, cross-border

According to Jin10, Federal Reserve Chair Jerome Powell will deliver remarks on August 27 at the annual Jackson Hole Economic Symposium in Wyoming. Investors are awaiting clarity on how the Fed plans to address persistent inflation, though it remains uncertain whether he will provide explicit

According to South Korea's financial investment industry, the country's five major banks' time deposit balance surged to 984.9 trillion won as of late July, up 35.5 trillion won from June and approximately 40 trillion won in two months, as investors shifted funds from equities to safer assets amid m

On Friday (August 21), President Trump stated that Treasury Secretary Benson's expansion of long-term U.S. Treasury buybacks this week was Benson's own decision, not ordered by him. Trump said Benson is "very capable" and has "sharp judgment" on bond and interest rate markets. Long-dated Treasury

The U.S. Dollar Index (DXY) fell 0.1% to 98.80 on Friday (August 21), marking its worst week since late July as underlying fiscal concerns weighed on the currency. The index declined approximately 0.9% for the week, hovering near three-month lows. The weakness was driven by mounting doubts over U.S

According to President Trump, U.S.-Canada trade negotiations are "almost" complete as of yesterday (August 21), with both sides aiming to reach an agreement before the midnight deadline. The proposed deal would reduce Canadian auto tariffs

South Korean non-financial private companies quadrupled their net dollar sales in the second quarter compared to the same period last year, according to Bank of Korea data obtained by Democratic Party lawmaker Kim Nam-jun on the 23rd. Corporate dollar sales in Q2 reached $263.59 billion, a 71.5%

According to Yonhapnews, South Korean non-financial private enterprises' dollar sales surged 71.5% year-over-year in the second quarter of 2026 to $263.59 billion, while dollar purchases reached $153.94 billion. Net dollar selling jumped to $109.65 billion, roughly four times higher than the $29.47

According to Jin10, Fed Chair Jerome Voelker will deliver remarks at the annual Jackson Hole Economic Symposium in Wyoming on August 27. Investors are anticipating further clarity on how the Federal Reserve plans to address persistent inflation, though it remains uncertain whether he will provide

According to an official statement, Canadian Prime Minister Carney held a video conference with provincial and territorial leaders on August 22 to discuss a pause in trade negotiations with the United States. Carney outlined measures to protect Canadian interests, including reciprocal tariffs set to

Canadian Prime Minister Mark Carney announced on local time that Canada will impose retaliatory tariffs against the United States starting September 8, responding to US tariffs of 50% on $20 billion worth of Canadian products taking effect the same date. Carney stated Canada will match the US

US Trade Representative Jamieson Greer stated on the 22nd (local time) that no new negotiations with Canada are scheduled, announcing the US is pursuing countermeasures against Canadian retaliation. Greer explained that Canada is one of two countries—alongside China—that retaliated against US

Commentary indicates that Treasury Secretary Scott Bessent's signature "3-3-3 plan" has significantly underperformed on key targets, eroding his credibility with debt markets. The plan aimed to boost U.S. GDP growth to 3%, reduce the fiscal deficit to 3% of GDP, and increase daily oil production

According to CME FedWatch data as of August 23, the Federal Reserve has a 60.1% probability of holding interest rates unchanged in September and a 39.9% probability of raising rates by 25 basis points.