DXY & Forex

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

The USD-KRW exchange rate rebounded 55.60 won over 7 trading days from a yearly low of 1,334.60 won on the 9th to a high of 1,390.20 won on the 18th, but Korean bank analysts assess that settling above 1,400 won requires additional catalysts such as consecutive Federal Reserve rate hikes in

According to Yonhapinfomax, RBA Deputy Governor Sarah Hunter signaled on September 22 that the central bank could raise rates for a fourth time this year, citing persistent high inflation risks. Hunter expressed concern that inflation could remain elevated longer than expected, potentially

According to Yonhapinfomax, the USD/KRW exchange rate recovered 55.60 won in 7 trading days to reach 1,390.20 on September 18, rebounding from a low of 1,334.60 on September 9. However, the currency pair failed to settle above the 1,390 level on September 22 and retreated to around 1,370 in London t

According to the Bank of Korea, the Bank of Korea Won International Payment System commenced pilot operations on September 21. The system operates 24 hours daily, excluding weekends and holidays, with four major domestic banks—Kookmin Bank, Woori Bank, Hana Bank, and Shinhan Bank—participating in th

According to Jin10, the Reserve Bank of Australia is expected to raise its key interest rate next week, with economists warning of a possible further hike in November as surging energy prices increase inflation risks. Economist James McIntyre noted in a report that the central bank's limited

Ashok Bhatia, Chief Investment Officer and head of fixed income at Neuberger Berman, stated on the 21st (local time) in a report that global bond markets are reflecting a new interest rate cycle rather than a fiscal crisis. This assessment follows recent interest rate increase decisions by the

Seoul forex dealers forecast the USD-KRW exchange rate to trade around 1,370 won on Sep 22, driven by supply-demand dynamics and overnight risk-on sentiment. Dealers cited strong export settlement flows (nego) and a 2% Nasdaq rally coupled with falling oil prices as downward pressure factors,

South Korea's 20-year Treasury bonds maintained relative strength against other long-term maturities as of the 22nd, with the yield at 4.484% on a 민평 basis according to Yonhap Infomax bond evaluation data. The 20-year yield stood 12.1 basis points below the 30-year and just 3.9bp above the 10-year,

ING Bank stated on the 21st local time that 'time is not on France's side' regarding the country's long-term bond yield challenges. The bank explained that France's bond yield spread against Germany is unlikely to narrow in the short term due to political headwinds and structural timing