DXY & Forex

According to Yonhap Infomax, SK Hynix is preparing to invest in South Korean government bonds, with market sources expecting the investment to begin in October or November 2026, as reported on August 5. The chipmaker has been studying the bidding structure for government bond purchases through a

According to BNY Mellon on August 4, U.S. Treasury borrowing needs for the third quarter (July-September) have surged to $671 billion, up $68 billion from prior estimates. The firm's strategists John Velis and Dave Tam said recent rises in long-term yields are not driven by inflation expectations, b

According to Jin10, China's Ministry of Finance issued 150 billion yuan (CNY) in government bonds in Hong Kong on Aug 5. The issuance is the fourth batch of bonds for 2026.

According to Foresight News, Wells Fargo will launch tokenized deposit services later this year for select corporate and commercial clients. The service will initially enable 24/7 USD to GBP trading on the bank's proprietary blockchain, with features including round-the-clock settlement and

U.S. Treasury Secretary Scott Bessent said on CNBC on Aug. 4 that he supports using and expanding the Federal Reserve’s Foreign and International Monetary Authorities Repo Facility (FIMA Repo Facility) for foreign exchange market intervention involving the Japanese yen. Wall Street Journal reporter Nick Timiraos, known as “the Fed’s mouthpiece,” disputed this on X, saying that FIMA is not a foreign exchange intervention tool. Treasury Secretary’s Specific Claims: FIMA’s Function and Adjusting th

Bitcoin (BTC) remains weak on its rebound, trading at around $63,950 as of August 5. The CLARITY Act has been shelved over ethical concerns arising from the massive losses suffered by investors in Trump’s memecoin, TRUMP, and senators have asked the U.S. SEC to investigate it. Ethereum researchers proposed burning validator rewards and halting net reward issuance when the staking rate reaches 50%. Macro Events & Crypto Hotspots CoinDesk reported that U.S. Democratic Senators Elizabeth Warren and

Korean securities firms issued diverging forecasts on the USD-KRW exchange rate after it fell 135.20 won to 1,424.00 won on the 31st of last month. The rate peaked at 1,559.20 won on the 1st of last month. The drop stemmed from SK Hynix ADR fund conversion, World Government Bond Index (WGBI)

According to the People's Bank of China (PBOC), the central bank conducted 5 billion yuan of 7-day reverse repo operations today (August 5). The operating rate was set at 1.40%, matching the previous level. Bid volume and settlement volume both reached 5 billion yuan.

On August 5, the Chinese yuan's central parity rate adjusted against major currencies on the interbank foreign exchange market. The dollar-yuan fell 28 pips to 6.7889, while the euro-yuan rose 73 pips to 7.8059. The Australian dollar-yuan climbed 275 pips to 4.7694, and the British pound-yuan

According to Business Insider, the United States and Japan conducted joint intervention in the foreign exchange market on August 4 for the first time in approximately 30 years. The dollar-yen exchange rate declined from around 164 yen immediately before the intervention to 157 yen, strengthening the

According to Yonhap Infomax, on August 5, South Korea's 3-year government bond yield broke below the 3.75% psychological level amid declining international crude oil prices. Foreign investors have purchased approximately 105,000 contracts of 3-year government bond futures over nine consecutive

According to CFETS-NEX, China's CNY funding sentiment index stood at 46 as of 08:45 on August 5, unchanged from 16:00 the previous day. Sentiment indices for major banks, mid-sized banks, and non-bank institutions were 45, 47, and 45 respectively, all

According to NHK, U.S. Treasury Secretary Scott Bessent expressed confidence today (August 5) that BOJ Governor Kazuo Ueda will make the best choices for the Japanese economy. In an interview with the Japanese public broadcaster, Bessent attributed part of Japan's recent inflation rise to the weak y

According to Jin10, Kansas City Federal Reserve Chair Beth Schmid stated on August 5 that the Federal Reserve needs tighter monetary policy to bring inflation back to its 2% target. Schmid emphasized that the Fed's current policy stance is not sufficiently restrictive, and that inflation remains

Kansas Federal Reserve President Beth Schmidt, a 2028 FOMC voter, will address the Federal Reserve, monetary policy, and the agriculture economic outlook in 10 minutes.

According to the Bank of Japan meeting minutes, some members stated the central bank must maintain its forward guidance and will continue raising interest rates if economic and price developments align with their

According to the Bank of Japan's latest meeting minutes, one board member stated that the central bank should raise interest rates approximately every few months.

According to Japan's central bank June meeting minutes, a board member pointed to rising import prices driven by foreign exchange movements, noting the burden on small enterprises.