DXY & Forex

According to Fox Business reporter Charlie Gasparino on August 25, Treasury Secretary Bessent's real objective is to push down 10-year Treasury yields to around 4.3% through bond buybacks and debt restructuring, rather than addressing the underlying deficit. Insiders revealed Bessent aims to

According to Bitunix analysts, on August 25, U.S. long-term Treasury yields remained at elevated levels despite the Treasury's expanded buyback operations. While repurchases primarily improve market liquidity, they have limited effectiveness in changing the core pricing of long-end rates. Treasury y

According to NHK, on August 25, Japan's Finance Ministry forecast that debt servicing costs will rise 17.1% year-over-year in the fiscal year beginning April 2026, hitting a record high of 36.6386 trillion yen (approximately $23 billion USD), driven by rising interest

According to Japan's Kyodo News, the nation's debt servicing costs will rise 17.1% to a record 36.6386 trillion yen for the 2027/28 fiscal year, reflecting mounting fiscal pressures amid prolonged monetary stimulus and demographic

According to an announcement from the People's Bank of China on August 25, the central bank will conduct daily overnight reverse repurchase operations of up to 600 billion yuan from August 27 to September 1, and will implement a 500 billion yuan one-year Medium-term Lending Facility (MLF) operation

According to Swedish central bank meeting minutes, Governor Stefan Tegnell stated that the next policy rate adjustment will require a rate hike, though the timing remains uncertain. The central bank must maintain heightened vigilance regarding rising inflation

According to Jin10 data and DHF Capital CEO Bas Kooijman, gold prices fell during Asia afternoon trading on August 25 due to strong U.S. dollar and rising Treasury yields.

According to Jin10, two forex options contracts with notional values exceeding 1 billion each are set to expire at 22:00 Beijing time on August 25, involving EUR, JPY, CAD and other currency pairs.

According to Jin10, eurozone government bond yields opened lower on August 25, with German 10-year yields falling 11 basis points to 3.241%, according to Tradeweb data. The decline came as U.S. Treasury yields stabilized after rising during Asian trading hours. Germany issued 5 billion euros in

According to Jin10, the U.S. dollar index (DXY) hit a weekly high on Tuesday (Aug. 25) after U.S. Treasury Secretary Bessent announced new sanctions against Iran. Bessent warned that countries and companies conducting business with Iran would face American retaliation, though he did not specify

A Capital Markets Institute report released on the 25th recommends that won internationalization should focus on expanding global won trading demand—currently concentrated in offshore non-deliverable forwards (NDF)—into spot forex, forward contracts, and FX swaps to deepen market liquidity, rather t

According to a Capital Market Research Institute report on August 25, South Korea's government and central bank are prioritizing the expansion of offshore won settlement infrastructure over currency strength appreciation. The 2025 dollar-won NDF market averaged $68.1 billion in daily trading,

According to Jin10, on August 25, Takayuki Miyajima, an economist at Sony Financial Group, identified neutral interest rates as a key risk to Japan's government bond market. If financial conditions remain loose despite rate hikes, market expectations for neutral rates could climb above the current f

According to The Fact survey of bond market experts, 79% expect the Bank of Korea to hold its benchmark rate steady at the upcoming August 27 monetary policy decision. This marks a dramatic reversal from one month prior, when 66% of respondents predicted a rate

US Treasury Secretary Scott Bessent announced on May 19 that the Treasury would double its long-term bond buyback size from $2 billion to $4 billion per operation, targeting 10- to 30-year maturities, with purchases scheduled from September 9 to November 4. Billionaire investor Stanley

South Korean bond market participants are shifting focus to the October monetary policy meeting after the market priced in consecutive interest rate hike possibilities for this month following last month. The 3-month forward rate based on 91-day Certificate of Deposit rates is estimated at 3.33% as

According to a Wall Street Journal op-ed published on August 24, billionaire investor Stanley Druckenmiller criticized Treasury Secretary Scott Bessent's plan to double U.S. Treasury buyback purchases from $2 billion to $4 billion. Bessent announced the expansion on August 19 to support the market f

According to Yonhap Infomax, on August 25, South Korea's bond market participants are divided over the central bank's rate-hike trajectory. While markets expect a likely August increase, consensus splits on October: most analysts anticipate a pause after two consecutive hikes, though some see risk o

According to sources familiar with the matter, Japanese high-frequency trading company Dharmacapital Co. relocated all staff to Singapore in early August, marking the end of such operations in Tokyo. The move was driven partly by Japan's higher tax rates compared to other Asian financial hubs, sourc

According to Goldman Sachs, on August 25, the investment bank raised its forecast for the Bank of Japan's policy rate hike to September from its previous expectation of January 2027. Goldman Sachs analysts expect the BoJ to hike again in January 2027, followed by another increase in July 2027,