DXY & Forex

According to Jin10, foreign investors' net purchases in major Asian bond markets declined to $2.03 billion in July, marking the lowest monthly level since March. The figure covers combined purchases across India, Indonesia, Malaysia, South Korea, and Thailand, reflecting investor caution amid

According to Jin10, the Philippine peso hit a historic low against the U.S. dollar on August 19, pressured by rising oil prices. Brent crude climbed over 5% in the past four days. Since the Philippines imports nearly all its oil, the peso is vulnerable to energy cost fluctuations. Year-to-date, the

According to Jin10, on August 19, two-week CNH HIBOR rose to 1.45273%, hitting its highest level since July 20. Most key tenors of offshore renminbi Hong Kong Interbank Offered Rate (CNH HIBOR) moved higher on Wednesday, while overnight HIBOR declined 1 basis point to 1.42674%. One-week HIBOR

Canadian Prime Minister Pierre Poilievre stated recently that trade negotiations with the United States have made 'substantial progress.' No specific details of the breakthrough or timeline were disclosed.

According to Morgan Stanley Research on August 18, the dollar-yen exchange rate remains under pressure near 159 yen despite a coordinated intervention by U.S. and Japanese authorities in late July, which had briefly pushed the pair down to 155 yen—approaching post-floating-rate-system lows. David

According to BNY Mellon's U.S. strategist John Velis, on August 18, the Federal Reserve may restart Treasury bill purchases under its reserve management purchases (RMP) policy as early as fall 2026 if liquidity conditions justify the move. Velis noted that with the U.S. Treasury estimating

South Korea's Korea Development Institute (KDI) recommended on the 19th that the base interest rate be maintained above the mid-2% level for the time being. KDI official Kim Mi-ru, head of the Macroeconomic and Financial Policy Research Department, stated at a revised economic outlook briefing

The Korean won surged past the 1,400 per U.S. dollar mark for the first time since October 2025, marking a significant strengthening of the currency amid ongoing economic developments.

Overnight SHIBOR (Shanghai Interbank Offered Rate) rose 2.0 basis points to 1.3810% on August 19. The 7-day SHIBOR increased 0.5 basis points to 1.3850%, while the 3-month rate held flat at 1.4300%.

According to Bank of Korea, household credit grew 3.6% year-over-year as of end-June, unchanged from the growth rate recorded at end-March.

The US government's debt servicing costs have surged to $1.2 trillion on an annualized basis, exceeding defense spending, according to a report by Axios on the 19th. The rising interest burden stems from maturing low-rate bonds being replaced with newly issued debt at current higher rates, forcing m

According to Axios, U.S. annual interest costs on national debt reached $1.2 trillion as of August 19, surpassing defense spending. This surge stems from lower-rate bonds issued in the past maturing and being refinanced at current higher rates, diverting more government revenue toward debt

According to Guru Club, RBA Deputy Governor Hauser said today, Aug 19, that the central bank may raise interest rates again if inflation does not decline. Hauser cited elevated inflation and rising upside risks, noting that monetary policy must reduce aggregate demand. He added that while the

According to the Ministry of Finance, China's 1-month Treasury cash deposit facility settled at 1.62% today, down 2 basis points from 1.64%. The 3-month facility remained flat at 1.67%.

Robin Brooks, former Goldman Sachs FX analyst, stated on local time 18th via his blog that fiscal policy normalization and debt reduction are necessary to address the recent global surge in long-term interest rates. Brooks diagnosed that major countries' fiscal policies have deviated from normal

Japanese stocks opened lower on the 19th, with the Nikkei 225 index falling 2,061.83 points (3.06%) to 65,398.90 at 9:17 AM, marking the second consecutive day of decline and dropping below the 65,000 level. The selloff was triggered by a sharp plunge in US semiconductor stocks overnight, as the

According to Robin Brooks, former Goldman Sachs foreign exchange analyst, global long-term bond yields have surged in recent days, with Japan's 10-year forward rates rising most sharply over the past 10 days, followed by the UK, France, and Italy. Brooks attributed the rises to fiscal policy

The term premium on US 10-year Treasury bonds reached 89.48 basis points (bp) on August 17, the highest level since late May last year, according to the New York Federal Reserve Bank's model. The premium surged 12.37bp on July 29 during the Federal Open Market Committee (FOMC) press conference led b

According to the New York Federal Reserve, the term premium on U.S. 10-year Treasury securities reached 89.48 basis points on August 17, the highest level in 15 months, with the index trading above 80bp for six consecutive trading days. On July 29, the day of the Federal Open Market Committee

Foreign investors in the Seoul foreign exchange market sold dollar futures for three consecutive weeks, with selling activity accelerating on the previous day. During the Aug 7 week, foreign investors net sold 173,873 contracts, followed by 64,556 contracts during the Aug 14 week. Through the previo