DXY & Forex

According to Jin10, on July 4, ECB Governing Council member Mulan stated that inflation has fallen following recent oil price declines, putting the central bank in a favorable position. Mulan noted that the ECB's 2.25% interest rate is "very low" compared to other central banks, and the June rate

Foreign investors sold approximately $98 billion in Korean stocks year-to-date as the won-dollar exchange rate rose to the 1550s in July, following a breakthrough of 1500 won in May, according to Kyobo Securities. The selling is attributed to rebalancing by overseas passive funds. Despite a first-ha

According to Kyobo Securities, as of July 4, the USD/KRW exchange rate has surged to 1,550, up from 1,500 in May, driven primarily by foreign investors' continued equity sales. Year-to-date foreign stock liquidations total approximately $98 billion, matching the scale of South Korea's cumulative

Foreign investors' net selling of domestic stocks intensified on the 4th as the yen plunged to 162 per dollar, a 40-year low, according to iM Securities. The sharp yen depreciation is creating simultaneous downward pressure on the Korean won amid ongoing supply-demand instability in the stock

According to iM Securities, on July 4, the dollar-yen exchange rate broke through 162 yen for the first time in 40 years, accelerating yen weakness. The sharp depreciation is driven by both U.S. Federal Reserve policy uncertainty—strengthening the dollar—and structural factors weakening the yen. The

Bank of Russia Governor Elvira Nabiullina declared the central bank digital currency technologically ready ahead of its nationwide rollout on September 1, 2026. Under a July 2025 State Duma mandate, all 12 systemically important banks and large retailers must accept digital ruble payments from

According to overseas brokers, the USD/KRW 1-month non-deliverable forward (NDF) overnight rose to 1,526.65 KRW on July 4, up 2.10 KRW from Seoul's previous foreign exchange closing rate of 1,525.60 KRW. The bid price was quoted at 1,526.60 KRW, with the ask at 1,526.70 KRW. U.S. financial markets w

The won-dollar exchange rate dropped 30.20 won on the 3rd, closing at 1,525.60 won, driven by SK Hynix's American Depositary Receipt fund inflow expectations. Bloomberg reported SK Hynix plans to bring approximately $29 billion (about 45 trillion won) into South Korea on the 15th for semiconductor f

On July 3, SK Hynix' forward foreign exchange sales operations triggered a sharp weakening of the Korean won against the U.S. dollar, with the exchange rate falling approximately 30 points. The won/dollar rate movement coincided with increased trading volume from the semiconductor company's

The iShares MSCI Emerging Markets ETF (EEM) and the US Dollar Index have simultaneously risen in recent months, breaking their historical inverse correlation. This shift is driven by an AI investment surge that elevated semiconductor stocks—Taiwan Semiconductor, Samsung Electronics, and SK Hynix—to

According to EJFQ Research, the Hang Seng Index rose 295 points to 23,350 on Friday (July 4), gaining 2.05% over two days. Unexpectedly, the U.S. dollar index, typically pressuring emerging markets, surged 6.54% year-to-date to 101.8, its strongest level in over a year. Emerging market stocks,

According to Yonhap Infomax, South Korea's government bond futures showed mixed movement in overnight trading on July 4 as U.S. bond markets remained closed for Independence Day. The 3-year contract closed at 103.97, up 1 tick from the previous session, while the 10-year contract fell 3 ticks to 106

According to Guru Club, the U.S. Dollar Index fell 0.51% this week, marking its largest weekly decline since mid-April, as softer-than-expected June U.S. employment data prompted markets to lower expectations for Federal Reserve rate hikes. In the broader currency market, the euro climbed to $1.144

Foreign investors in the Korean treasury bond futures market net sold 210,000 contracts of 3-year futures while net buying 150,000 contracts of 10-year futures since early this year, according to analysis by Shinhan Investment Securities researcher Kim Chan-hee. The divergent trading pattern

According to Shinhan Securities researcher Kim Chan-hee, foreign investors have net purchased 150,000 10-year Treasury futures contracts and net sold 210,000 3-year contracts year-to-date as of July 4, signaling possible curve flattening bets. The analyst noted that the diverging supply and demand d

According to Yonhap Infomax, the USD/KRW exchange rate fell 25.80 won to close at 1,530.00 won in overnight trading on July 4 (Korea time). The rate recovered slightly from intraday lows as the dollar tracked yen movements while U.S. markets were closed for Independence Day. The overnight close

Spot gold and silver prices posted sharp gains Friday morning, with gold trading near $4,175.50 an ounce (up 1.30%) and silver near $62.220 (up 2.28%), as U.S. markets remained closed ahead of the Independence Day holiday. The rally extended Thursday's post-payrolls momentum, driven by a

On Friday (July 3), offshore yuan (CNH) closed at 6.7853 against the U.S. dollar in New York afternoon trading (04:59 Beijing time Saturday), gaining 35 points from Thursday's close. The currency traded within a 6.7901-6.7811 range during the session. For the week, CNH rose approximately 190 points

According to Hasnain Malik, geopolitical risk and emerging markets equity strategist at Tellimer, the Trump administration rejected extending the U.S.-Mexico-Canada Trade Agreement (USMCA) on Wednesday, triggering a 10-year countdown before the deal expires. Malik stated the move is negative for Mex

According to Jin10, the U.S. dollar weakened significantly this week, posting its largest weekly decline since April with the dollar index down approximately 0.5%. The decline was driven by softer June U.S. employment data, which triggered markets to lower expectations for near-term interest rate hi