DXY & Forex

According to Nikkei, Japan's Ministry of Finance is considering setting the assumed interest rate at 3.8% for calculating debt servicing costs in its 2027/28 fiscal year budget request.

According to Bank Negara Malaysia, the country's international reserves stood at $132.7 billion as of August 14, up from $132.1 billion on July 31.

According to the Commonwealth Bank of Australia (CBA), U.S. public debt interest payments rose 15% to $1.17 trillion in the fiscal year through July, driven partly by elevated Treasury yields. CBA strategist Carol Kong stated that long-term U.S. Treasury yields are likely to face further upward

According to Jin10, on August 21, South Korean chipmakers' unprecedented shareholder return plans are becoming a key driver of the won's recent strength. The won has surged significantly since early July, marking its fastest 40-day rally since late 2022, and broke through 1,400 against the dollar th

Hana Bank announced on August 21 that it became the first domestic Korean bank to execute a Korean won (KRW) swap transaction with an overseas Registered Foreign Institution (RFI) in London. The transaction was conducted through Hana Bank's London Money Center to directly supply liquidity for overse

According to the China Foreign Exchange Trade System (CFETS), the CNEX overall market liquidity sentiment index reported 53 as of 2:30 p.m. on August 21, down 2 points from 10:15 a.m. The sentiment indices for large banks, mid-sized banks, and non-bank institutions stood at 52, 55, and 51

According to Citi strategists, on August 21, the bank downgraded its 3-month U.S. dollar index forecast to 98.34 from 102.12. Separately, Federal Reserve Governor Beth Harmon stated the central bank had not yet seen evidence requiring an early rate increase, and noted that rising long-term

According to Korean Economic TV's analysis on August 21, the U.S. dollar index fell to 98, marking a three-month low, despite rising Treasury yields globally. The dollar weakening amid higher rates signals renewed investor concern over fiscal sustainability rather than economic strength, prompting a

According to Korea Economic Daily TV, the U.S. Treasury Department rolled out a large-scale buyback program today (August 21) to ease surging long-term bond yields, but the measure's effectiveness appeared limited after just one day. The move confirmed the market's direction toward higher interest r

UK public sector net borrowing came in at £1.8 billion in July, significantly below the £16 billion recorded in the previous month and better than expectations of zero, according to official data.

UK retail sales grew 1.6% year-over-year in July, falling short of the 2.2% forecast and down from 4.2% in June, according to official data.

UK retail sales (seasonally adjusted) declined 0.5% month-on-month in July, matching the forecast of -0.50%. The previous month's reading was revised downward from 1.00% to 0.7%.

According to Jin10, five large forex option contracts on EUR/USD, USD/CHF, and AUD/USD with strikes exceeding 1 billion each are set to expire on August 21 at 10:00 PM Beijing time. Risk management is advised ahead of the

According to Jin10 data, European markets received $2.44 billion in net inflows during the week ending August 12, marking the largest weekly inflow since late February, as the region's economy proved more resilient to geopolitical shocks than expected. The Stoxx Europe 600 index is approaching

According to Goldman Sachs, despite recent selling pressure on long-term U.S. Treasuries, their valuations show no significant deviation relative to macroeconomic fundamentals or comparable assets. The U.S. Treasury Department's decision to expand bond repurchase operations signals willingness to de

The Korean government announced on the 21st a policy to transfer a significant portion of surplus tax revenue, driven by the semiconductor boom, into a newly established Future Response Fund. The decision stems from rapidly increasing tax collections that exceed historical trends. This policy

According to Sumitomo Mitsui Securities economists, the Bank of Japan is expected to raise the policy rate from 1% to 1.25% at its September meeting, with an 84% probability shown in overnight index swaps. The economists forecast additional rate increases in January and June 2027, bringing the polic

According to South Korea's Ministry of Economy and Finance on August 21, the government announced plans to redirect a significant portion of surging tax revenue—driven by strong semiconductor demand—into the Future Response Fund. The fund will invest in four priority areas: youth development,

US Stock Market News: On Thursday, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all closed lower. The decline followed what the source described as Bessent's one-day intervention, higher oil prices, Walmart's Q2 earnings miss, and pressure from rising Treasury yields.

According to Huafu Securities, Guan Tao has been appointed Chief Economist of the firm on August 21. Guan previously served as International Balance of Payments Division Director and spokesperson at China's State Administration of Foreign Exchange, and as Global Chief Economist at China Bank Interna