DXY & Forex

According to the Bank of Korea (BOK), on September 14, the central bank and the Financial Supervisory Service (FSS) are reviewing follow-up measures from a joint inspection of the foreign exchange market conducted June 10–19. The inspection focused on spot forex trading practices and internal

According to Yonhap Infomax, on September 10, a deputy governor of the Bank of Korea stated the central bank is reestimating its neutral interest rate and potential growth rate. The BOK previously estimated the long-term neutral rate at minus 0.2% to 1.3%, which translates to a nominal neutral rate

Seoul forex dealers forecast on September 14 that the USD-KRW exchange rate could test the 1,330 won range despite US monetary tightening concerns. US August core Consumer Price Index (CPI) exceeded market expectations, raising Federal Reserve September rate hike probability, but the market is

The Bank of Korea is expected to revise its neutral interest rate estimate upward, with the announcement unlikely before December at the earliest. The timing depends on Statistics Korea's population projections for 2025, scheduled for release in December, as demographic forecasts are a key input for

According to Seoul forex dealers on September 14, the dollar-won exchange rate is expected to decline toward the 1,330 won level despite stronger-than-expected U.S. core CPI data and growing expectations for a Federal Reserve rate increase in September. The one-month USD/KRW in the New York NDF

According to the Bank of Canada's May 2026 report released on September 14, the estimated upper bound of the U.S. nominal neutral interest rate was raised to 3.50%, from the previous 3.25%, with the lower bound increased to 2.50% from 2.25%. The midpoint of the new range stands at 3.00%, aligning wi

South Korea's foreign exchange market recorded minimal late-night trading activity during its first two months under a 24-hour trading regime, according to data the Bank of Korea submitted to National Assembly member Ahn Sang-hoon. Between July 6 and August 31, transactions during the 2 AM to 6 AM w

Henrik Zeberg, macro strategist at Swissblock Investment Company, predicted on the 13th (local time) that US stocks will peak before year-end and crash, with a recession arriving by the end of next year. According to Business Insider (BI), Zeberg stated the scenario will resemble the year 2000,

According to data submitted by the Bank of Korea to the National Assembly on September 14, overnight trading in South Korea's foreign exchange market remains minimal two months after the shift to 24-hour operations. Between July 6 and August 31, average daily dollar-won interbank spot trading

According to Jin10, the 18th BRICS summit opened on Saturday and passed a 45-page New Delhi Declaration supporting a payment architecture designed to reduce reliance on U.S. dollar-denominated transactions and bypass Western financial systems for cross-border trade. The framework includes BRICS

According to Jin10, China's central bank conducted 5.04 trillion yuan in overnight reverse repos today (September 14), with 5.005 trillion yuan in maturing operations. The net liquidity injection reached 35 billion yuan.

According to Ed Yardeni of Yardeni Research, on Sept 13 (local time), U.S. 10-year Treasury yields approached 5%, closing at 4.968% after briefly surpassing 5% on Sept 11. Yardeni stated in a report that bond market participants are challenging Treasury Secretary Scott Bessent to deploy stronger

According to China's central bank, on September 14, the central bank conducted 504 billion yuan in overnight reverse repurchase agreements based on demand from open market primary dealers, while suspending 7-day reverse repo

China's yuan strengthened against the U.S. dollar yesterday (September 13), with the CNY/USD midpoint rate rising 45 points to 6.7698, marking the highest level since February 3, 2023.

On September 14, China's interbank foreign exchange market reported the yuan midpoint at 6.7698 against the U.S. dollar, down 45 points. The euro weakened to 7.8149 yuan, declining 218 points, while the yen strengthened to 4.3799 per 100 units, up 185 points.

Bitcoin (BTC) was trading at around $76,808 on Sept. 14, down 0.2% over 24 hours. On the macro front, the U.S. market is currently pricing in an 87% probability of a 25-bps hike at the FED’s Sept. 16 policy meeting, while U.S. President Trump told reporters in Ireland on Sunday: “The United States is so strong, we should be paying the lowest interest rate in the world.” The divergence between the market and the White House is in stark contrast. Bitcoin’s Distance From the Bull Run Threshold Bitc

The US 10-year Treasury yield reached 5.004% on May 11, marking the first time it crossed the 5% threshold since October 23 2023, approximately 3 years prior. The yield had declined to 3.597% in September 2024 following the Federal Reserve's rate-cutting cycle, before reversing direction upward.

According to Yonhapinfomax, on September 14, the USD/KRW exchange rate is expected to consolidate near the 1,340 won level, with upside pressured by U.S. inflation concerns and Federal Reserve policy expectations. U.S. consumer and producer price data for August came in slightly above expectations,

According to Yonhap Infomax, South Korea's central bank emphasized on September 13 that its 1.2 trillion won government bond purchase was a technical reinvestment of matured holdings, not a market stabilization measure. The move stirred debate as policymakers sought to avoid signaling policy

According to Yonhapinfomax, on September 11, the U.S. 10-year Treasury yield surged to 5.004%, breaking above the 5% mark for the first time since October 23, 2023. Technically, the five key moving averages of the 10-year yield have aligned in perfect upward order for the first time since October 19