DXY & Forex

Four major Japanese banks including MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), Mizuho Bank, and Resona Bank returned to domestic lending market growth, with loan balances reaching 280.66 trillion yen as of end-August, up 7.9% year-on-year, according to Bank of Japan (BOJ) data cited by

According to Gate data, US dollar against Japanese yen (USD/JPY) rose to 157.584 on September 23, up 0.18% intraday. Meanwhile, gold prices climbed to 4,358.09 US dollars per ounce, up 0.02% intraday, while silver rose to 67.334 US dollars per ounce, gaining 0.95%. In energy markets, WTI crude oil g

According to Japan's central bank, the four largest Japanese banks' domestic lending stood at 280.66 trillion yen as of end-August, up 7.9% year-on-year. The market share of MUFG, SMBC, Mizuho, and Resona rose to 46.8%, rebounding from a record low of 45.5% recorded in May. The rebound reflects

Bundesbank President Joachim Nagel diagnosed that the European Central Bank (ECB) may need to raise interest rates to a mildly restrictive level on the 22nd (local time). Speaking at an event in London, Nagel stated that if facing such high energy prices for an extended period, there is a

According to the People's Bank of China, the central bank conducted an RMB 8 billion 7-day reverse repurchase operation today (September 23), with a bidding amount of RMB 8 billion and a successful bid of RMB 8 billion at an operating rate of 1.40%, unchanged from the previous

China's interbank foreign exchange market set the USD/CNY midpoint rate at 6.7468 on September 23, up 9 basis points (reflecting yuan depreciation). The EUR/CNY rate declined 124 points to 7.6935. Other major currency pairs: GBP/CNY fell 183 points to 8.9680; HKD/CNY rose 4.1 points to 0.86015;

According to Tokyo foreign exchange market data on September 23, the Japanese yen opened at approximately 1 U.S. dollar = 157.39 yen, up 0.06 yen from the previous close, as traders remained cautious over potential Bank of Japan intervention. The yen later traded at 157.50-157.51 yen per dollar

South Korea's won currency recorded a real effective exchange rate of 89.89 in August, rising 5.2% from July's 85.45, according to data from the Bank for International Settlements. The increase moved Korea from the second-lowest to third-lowest position among 64 economies tracked by BIS, a ranking t

According to the Bank for International Settlements, the Korean won's real effective exchange rate rose to 89.89 in August from 85.45 in July, up 5.2% and marking the second consecutive month of gains. The improvement moved South Korea's ranking from second-weakest to third among 64 BIS-tracked econ

According to CME FedWatch, the market is pricing in a 54.2% probability that the Federal Reserve will raise rates by 25 basis points in October, with a 45.8% chance of holding steady at 3.75%-4.00% on September 23. Looking ahead to December, the market assigns a 47.8% probability to a

According to Einfomax, U.S. stock markets showed mixed performance on September 22 amid news of face-to-face talks between American and Iranian delegations at the UN General Assembly in New York. The Dow Jones Industrial Average fell 0.36%, while the S&P 500 remained flat and the Nasdaq

According to Yonhapinfomax, Foxconn Singapore issued 101.9 billion yen in Euroyen bonds this month, with Korea Development Bank (KDB) serving as lead underwriter alongside Mizuho Securities and Nomura Securities. The issuance comprised two tranches: 65.7 billion yen in 3-year

The USD-KRW exchange rate traded in the late 1,350 won range on September 23 as US and Iran delegations held a meeting at the UN General Assembly. At 6am in the foreign exchange market, the USD-KRW rate stood at 1,356.50 won, down 1.70 won from the previous Seoul market close of 1,358.20 won. The wo

According to overseas brokers, USD/KRW 1-month NDF fell to 1,353.30 won on September 23, declining 4.70 won from Seoul forex market's previous close of 1,358.20 won. The decline came as U.S. President Donald Trump initially hardened rhetoric on Iran at the UN General Assembly, then signaled

The US dollar rose for a second consecutive day on September 22nd, driven by conflicting signals from President Donald Trump's diplomatic messaging on Iran. The dollar index climbed 0.118% to 100.547, initially surging to 100.703—its highest level since late July—after Trump's UN General Assembly

Kiwoom Securities analyst Park Yu-ak lowered the Q3 earnings forecast for Samsung Electronics on the 23rd, projecting revenue of 198 trillion won and operating profit of 107 trillion won, below prior estimates of 213 trillion won and 122 trillion won respectively. The downward revision stems from a

According to Kiwoom Securities, on September 23, the firm lowered Samsung Electronics' third-quarter operating profit forecast to 107 trillion Korean won from a previous estimate of 122 trillion won, citing rapid won-dollar exchange rate depreciation and softer-than-expected DRAM price increases.

Over the past week, traders significantly increased hedging activity using options linked to the Secured Overnight Financing Rate (SOFR) to guard against U.S. Federal Reserve rate hikes falling short of market expectations. Interest rate swaps currently signal the market expects three