DXY & Forex

According to Yonhap Infomax, on September 21 morning, South Korea's 3-year government bond yield rose 2 basis points to 4.047%, while the 10-year yield advanced 4 basis points to 4.464%. The gains were limited as crude oil prices fell in Asia, with October WTI (West Texas Intermediate)

According to Yonhap Infomax, the USD/KRW exchange rate traded at 1,386.30 won during morning session on Sept 21, up 3.00 won from the previous Seoul close of 1,383.30 won and up 0.80 won from New York's close of 1,385.50 won. The currency pair showed volatility as semiconductor and heavy industry c

The Graham Act has provided Donald Trump with a new economic tool against Russia and countries financing its energy sector. Passed on September 18, the legislation authorizes tariffs of up to 100% against major buyers of Russian oil and gas. The law divided Congress, with some lawmakers concerned about its impact on consumers and diplomatic relations. Expanding Sanctions Against Moscow After approval by both chambers of Congress, Donald Trump signed the “Lindsey O. Graham Russia and Iran Sanctio

Oxford Economics forecasts the Bank of Japan will raise interest rates twice more, in December and April, bringing the terminal rate to 1.75%. The projection follows BOJ's decision last week to increase its benchmark rate to 1.25%, driven by heightened core inflation risks from Middle East

According to Oxford Economics, the Bank of Japan is forecast to raise interest rates to 1.75% by April 2027, with additional hikes expected in December 2026 and April 2027. The central bank raised its benchmark rate to 1.25% last week. Oxford Economics attributed the rate hikes to rising core

According to Societe Generale analyst Jin Kenzaki, the Bank of Japan (BOJ) may raise interest rates at every other monetary policy meeting, with the terminal rate reaching 2% by June 2027. The BOJ raised rates on Friday. Following the decision, BOJ Governor Ueda Kazuo stated at a press conference th

U.S. Treasury Secretary Scott Bessent said on Sept. 20 that the dollar still accounts for 89.2% of one side of global foreign-exchange transactions, foreign investors continue to hold substantial amounts of U.S. assets, major stablecoins are also denominated in dollars, and existing data do not support the claim that capital is fleeing the United States. He also explained that the Treasury’s buybacks of U.S. Treasuries are intended to increase market liquidity and manage the debt maturity struct

China's overnight SHIBOR (Shanghai Interbank Offered Rate) fell 5.3 basis points to 1.3640%, while the 7-day rate declined 5.57 basis points to 1.4063%. The 3-month SHIBOR held flat at 1.4300%.

BDX Markets, a Sydney-based trading infrastructure company, launched a blockchain-powered platform on September 21 for contracts for difference (CFD) markets in Asia and Europe. The hybrid model integrates MetaTrader 5 with blockchain-based records to enhance transparency in order handling and

Korean retail investors net purchased $1.1188 billion in US stocks from the 14th to the 18th, according to Korea Securities Depository on the 21st. The buying wave reversed the previous week's net selling of $666.6 million from the 7th to 11th. The shift occurred as the won/dollar exchange rate

According to bond market sources, SK Hynix has a significant concentration of credit bond maturities scheduled for 2028 and 2029, with daily redemptions reaching approximately 3 trillion won on peak days. Maturities in 2028 are concentrated in early May, mid-July, and early October, while 2029

Jeffrey Gundlach, Chief Investment Officer of DoubleLine Capital, warned on the 20th (local time) that US interest rates could rise further. Speaking at a Manhattan event, Gundlach said the market may be entering a 'collision course' with recession and corporate defaults as Treasury yields climbed t

According to Jin10, China's interbank bond market yields showed narrow fluctuations early on September 21. The 30-year special long-term Treasury "26 Ultra-Long Special Treasury 04" yield rose 0.05 basis points to 2.149%. The 10-year policy bank bond "26 Development Bank 05" yield declined 0.05 basi

Minneapolis Federal Reserve President Neel Kashkari said on Sept. 21 that U.S. inflation pressures have spread to the service sector, and energy moderation alone is insufficient to contain price growth. Kashkari emphasized that the labor market remains resilient, providing the Fed with room to

According to Yonhapinfomax, foreign investors have been net selling ultra-short-term Korean bonds with maturities of one year or less since July. Net selling reached 4.7 trillion won in July, 3.8 trillion won in August, and 2.5 trillion won through September 18. The shift is driven by declining

Wall Street banks project the US government will issue up to $1 trillion in short-term treasury bonds over the next year as long-term borrowing costs surge. Bank of America forecasts approximately $1.07 trillion in net issuance through September next year in the 2027 fiscal year, while JP Morgan

According to Bank of America and other Wall Street forecasters, the U.S. Treasury is expected to issue approximately $1.07 trillion in short-term Treasury bills by September 2027 to manage rising borrowing costs, as reported on September 20 by Reuters. JP Morgan projects issuance at $1.09 trillion,

On September 21, 2026, from 01:00 to 02:00 (UTC), BTC posted a modest gain of 0.23%, with a price range of 81521.5–81800.2 USDT and a price amplitude of 0.34%. Overall volatility was limited, with trading volume at approximately 504 BTC, indicating low market participation. The price fluctuated within a narrow $81,000–$82,000 range, with bulls and bears locked in a stalemate. The core driver of this market move was the Fed’s first 25-bps rate hike since 2023. The hike reflected a new environment

According to Jin10, China's Vice Premier He Lifeng and U.S. Treasury Secretary Bessent and Trade Representative Kroll held economic and trade talks in New York on September 20. The delegations discussed implementing previous trade consensus, promoting bilateral trade and investment, and held

South Korea's Ministry of Economy and Finance has taken a restrictive stance toward offshore investment banks underwriting Korean Paper dollar and euro bond issuances without domestic securities licenses. The policy shift emerged last week when Lotte Rental postponed its dollar bond debut after