DXY & Forex

South Korean government bond yields declined on the 22nd, with the 3-year benchmark yield falling 3.0 basis points to 4.022% and the 10-year yield dropping 2.3bp to 4.422% as of 11:03 AM. Foreign investors net purchased 8,986 contracts of 3-year bond futures and 1,464 contracts of 10-year futures, s

The Bank of Korea stated on September 22 that recent sharp declines in the USD-KRW exchange rate reflect improved foreign exchange supply-demand conditions and fundamentals, with no excessive market herding observed at present. Kim Shin-young, BOK Foreign Exchange Analysis Director, made the

Bank of Korea Monetary Policy Board member Jang Yong-seong warned on the 22nd that vigilance against financial imbalance accumulation risks remains high in South Korea's financial stability situation. Jang stated this assessment stems from continued rises in metropolitan housing prices and

According to Yonhap Infomax, South Korea's government bond yields declined on September 22 as international crude oil prices plummeted amid growing expectations for U.S.-Iran talks. The 3-year benchmark yield fell 3.0 basis points to 4.022%, while the 10-year yield dropped 2.3 basis points to 4.422%

According to Yonhapinfomax, on September 22, the U.S. dollar fell below 1,360 Korean won for the first time after a sharp intraday drop exceeding 20 won. The Bank of Korea characterized the rapid decline as a correction reflecting improved foreign exchange supply and fundamentals rather than

According to News1, crude oil prices plunged below $100 per barrel on September 22, easing currency appreciation pressures. However, hawkish remarks from U.S. Federal Reserve officials and expectations of further rate hikes this year continued to support dollar strength against the Korean

According to RBA Governor Michele Bullock, the current unemployment rate of 4.5% is considered tight. The comment reflects the central bank's assessment of labor market conditions amid ongoing economic

According to Jin10, on September 22, most CNH HIBOR tenors fell. The overnight rate dropped 13 basis points to 1.25205%, marking its lowest level since July 31. One-week HIBOR declined to 1.37758%, while two-week HIBOR fell to 1.38788%, the lowest since June 5. One-year HIBOR held steady at 1.66939%

JPMorgan stated on September 21 (local time) that the Federal Reserve's hawkish stance is no longer the primary driver of bond yields, as other factors have moved to the forefront. The bank explained in its publication that the stock market's relatively strong performance after the September Federal

According to JPMorgan on September 21, the Federal Reserve's policy stance is no longer the primary factor shaping bond yields, with U.S. economic resilience, capital demand, competitive fundraising, and rising energy prices now playing equally significant roles in the market. The bank noted that w

According to Citi on September 22, the bank expects the China-US summit to bring practical progress rather than a major deal, including extension of the trade truce covering tariffs, rare earth export restrictions, and agricultural and aircraft purchases. Any new U.S. tariffs are likely to remain be

China's SHIBOR (Shanghai Interbank Offered Rate) on September 22 reported mixed movements: overnight SHIBOR held steady at 1.3640%, while the 7-day rate declined 1.7 basis points to 1.3893%, and the 3-month rate remained flat at 1.4300%.

Reserve Bank of Australia Governor Philip Lowe is set to deliver remarks in 10 minutes.

According to Yonhap Infomax, a USD/KRW trade executed at 1,365.00 won at 9:03 AM KST on September 22 was confirmed as a deal miss and subsequently canceled by Seoul Foreign Exchange Brokerage. The erroneous transaction was mutually agreed to be reversed. As of 9:13 AM, USD/KRW was trading in the

According to BNP Paribas economic team, the Federal Reserve is expected to raise rates by 25 basis points each in December 2026 and January 2027, supported by an improving labor market. The bank said on September 21 that unemployment is showing clear signs of declining toward 4.0%, down from 4.1% in

John Koudounis, CEO of Calamos Investments which manages $53 billion in assets, stated on September 21 (local time) at the 2026 Concordia Annual Summit in Manhattan that US stocks would rally strongly if oil

RBNZ Governor Breman stated on September 22 that elevated oil prices could push near-term inflation above expectations outlined in the September statement. The central bank will assess forthcoming data and global developments before its next decision in October, maintaining focus on inflation

The Bank of Korea released a financial stability report analyzing how won/dollar exchange rate fluctuations impact domestic banks' foreign currency risk-weighted assets (RWA) and capital ratios. The report states that exchange rate rises expand foreign currency RWA by increasing the won-converted

Reserve Bank of Australia (RBA) Deputy Governor Sarah Hunter warned on 22nd (local time) that inflation risks becoming embedded in pricing behavior if it remains elevated for too long, emphasizing the possibility of a fourth rate hike this year. Speaking on a podcast, Hunter stated the RBA's