DXY & Forex

According to Yonhap InfoMax, the US dollar-South Korean won exchange rate surged overnight on September 17-18, swinging between 1,370 won and 1,388.20 won amid mixed signals on geopolitics and US monetary policy. The pair closed near 1,380 won. The moves reflected the US Federal Reserve's first rat

Japan's consumer price index (CPI) rose 1.9% year-over-year in August, falling short of the 2% forecast and matching the previous month's reading of 1.9%.

Japan's core Consumer Price Index for August came in at 1.7% year-over-year, falling short of the 1.80% expectation and declining from the previous month's 1.80%.

DB Securities researcher Seol Tae-hyun recommended defensive positioning in utilities and infrastructure as US 10-year Treasury yields exceeded the +2 standard deviation threshold on a 3-year rolling basis. The yield spike, driven by Middle East geopolitical risks and hawkish September Federal

South Korean government bond futures rose in night trading on the 18th, tracking gains in US Treasuries following the Bank of England's quantitative tightening reform announcement. The 3-year Korea Treasury Bond futures climbed 10

According to Yonhap Infomax, South Korea's 10-year government bond futures rose 39 ticks to 104.05 in overnight trading on September 18, while 3-year futures climbed 10 ticks to 102.31. The gains followed a sharp rally in UK gilt markets after the Bank of England announced a shift in its

According to Wells Fargo macro strategist Chidu Narayanan, the bank recommends selling yen against the dollar ahead of the Bank of Japan's upcoming policy decision. Narayanan stated in a report that the BoJ is unlikely to meet or exceed market-implied hawkish expectations, as the market has

New Zealand's August imports fell to NZ$8 billion from a revised NZ$9.33 billion in July, according to official trade data released in mid-September. The previous month's figure was downwardly revised from an initially reported NZ$9.34 billion.

New Zealand's 12-month trade deficit widened to NZD 5.44 billion in August, up from the previously reported NZD 5.236 billion. The prior month figure was revised to NZD 5.41 billion.

According to a Bloomberg survey released on September 17, the 10-year U.S. Treasury yield is expected to reach 5.1% by year-end, the highest level in nearly two decades. The median forecast from 144 respondents shows yields climbing from the current 4.94% level, up 76 basis points

The US dollar declined slightly on September 17, with the dollar index (DXY) closing at 100.215, down 0.040 points (0.040%) from the previous session - marking its first decline in six trading days since the 10th. The dollar initially weakened alongside oil prices after Lebanese media outlets

According to Reuters, the U.S. dollar index (DXY) fell to 100.215 on Sept 17 at 4 p.m. ET, down 0.040 points (0.118%) from the previous close—the first decline in six trading days. The dollar weakened after reports that Saudi Arabia proposed a two-week ceasefire with Houthi militants, causing oil pr

According to Yonhap Infomax, the U.S. dollar weakened on September 17, with the dollar index (DXY) falling to 100.215, down 0.04% from the previous close. The dollar-yen rate declined to 155.985 yen, down 0.118% from the prior session's close of 156.170 yen. The dollar's decline marked the first

Bitcoin defended the 105 million Korean won level following the US Federal Reserve's May 16 interest rate hike, rising from 103 million won to 105 million won on the Bithumb exchange around May 17 3am local time. The Fed's Federal

The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points on local time May 16, moving the target range from 3.50-3.75% to 3.75-4.00%, marking the first rate increase in 3 years 2 months since July 2023. The Fed cited persistent high inflation as the reason for the

U.S. stock indices rallied Thursday as falling oil prices and declining Treasury yields eased inflation concerns a day after the Federal Reserve hiked interest rates. The S&P 500 gained 1.1%, the Nasdaq 100 rose 1.7%, and the Dow Jones Industrial Average added 0.6%. The benchmark 10-year Treasury y

US Treasury yields declined on September 17, with the 10-year note falling 5.60 basis points to 4.9470% as of 3:00 PM Eastern time, moving away from the closely watched 5.0% level. The Bank of England announced a revised quantitative tightening plan that will eliminate market sales of long-dated

According to Frank Holmes, executive chairman of HIVE Digital Technologies, Bitcoin could reach $100,000 by the end of 2026, despite recent headwinds. Yesterday, September 16, the Federal Reserve raised interest rates by 25 basis points, and Bitcoin has remained pinned near $75,000. Holmes noted

According to CME FedWatch Tool data released on September 18, the probability of the Federal Reserve raising interest rates by 25 basis points at its October meeting is 55.4%, with a 44.6% chance of maintaining rates at 3.75%-4.00% unchanged. Looking ahead to December, CME data shows a 12.6% probab

The U.S. dollar paused a six-day winning streak on Thursday, September 17, as the Federal Reserve raised its benchmark interest rate to 3.75%-4.00% as widely expected, lifting it from 3.50%-3.75%. The dollar index (DXY), which tracks the greenback against six major currencies, retreated to 100.23