DXY & Forex

The Federal Reserve (Fed) announced the FOMC interest rate decision on October 28, with the decision approved by a 10-2 vote and the federal funds target range held unchanged at 3.75%-4.00%. As this was a non-quarterly meeting, no dot plot or Summary of Economic Projections was released. Interest-rate-sensitive assets, including U.S. stocks, the dollar, and Bitcoin, saw significant volatility during the press conference; Bitcoin staged a V-shaped rebound on October 29, trading at $81,026 at pres

The US Federal Reserve held interest rates steady on 28일 (local time) after concluding a two-day Federal Open Market Committee (FOMC) meeting, with the vote passing 10-2. Experts assessed the pause as a reasonable move to evaluate the effects of prior rate increases, though multiple forecasts

Two Bank of Korea officials published research in Finance Research Letters showing that over 70% of the Korean won's depreciation in December 2024 stemmed from Korea-specific political risk following the martial law declaration. Kim Ji-hyun and Kim Min, both managers in the Bank of Korea's

According to a research paper published in Finance Research Letters by Bank of Korea officials Kim Ji-hyun and Kim Min, over 73% of the Korean won's weakness following the December 3, 2024 martial law declaration stemmed from Korea-specific political risk. Among the won's 3.20 percentage point

According to Jin10 Futures, the CFETS-NEX (China Foreign Exchange Trade System) market-wide sentiment index reported 49 as of 08:45 on October 29, down 2 points from 16:00 on October 28. Within the breakdown, large banks reported 46, mid-sized banks 49, and non-bank institutions 51, each down 2 poin

US Treasury Secretary Scott Bessent stated on October 28 (local time) during a CNBC interview that additional Federal Reserve interest rate hikes would "not necessarily" constitute a policy error. The remarks came hours after the Fed announced a rate hold at its October Federal Open Market

According to CNBC, U.S. Treasury Secretary Scott Bessent stated yesterday (Oct 28) that additional Federal Reserve interest rate hikes would not necessarily constitute a policy error. Bessent made the remarks just hours after the Fed held its benchmark rate steady at its October policy meeting,

According to Yahoo Finance, Federal Reserve Chair Kevin Warsh denied on Wednesday (Oct 28) that next week's U.S. midterm elections influenced the central bank's decision to maintain interest rates unchanged. At the press conference, Warsh stated, "Political factors did not affect this decision,"

According to CITIC Securities research note, the Federal Reserve held rates steady in October as expected, with statement language suggesting greater optimism on economic expansion pace but more cautious policy guidance. The bank predicts the Fed will raise rates by 25 basis points in December,

The Kospi was little changed at 6,014.99 as of 9:04 a.m. on Oct. 29, up 2.55 points or 0.04% from the previous session, supported by foreign investors who net bought 168.2 billion won. The benchmark index briefly fell below the 6,000 level to 5,987.55 shortly after opening at 6,017.22, before

Japan recorded net sales of ¥160.5 billion in foreign bonds during the week ended October 23, according to capital flow data. The prior week saw net sales of ¥161.6 billion.

According to Yonhapinfomax, the Federal Reserve held its benchmark interest rate at 3.75%-4.00% on October 28, with 10 of 12 voting members supporting the decision and 2 dissenting in favor of a 25 basis point hike. Fed Chair Kevin Walsh noted that financial conditions have tightened "relative to

According to Yonhap Infomax, South Korea's 3-year and 10-year government bond futures rose overnight on October 29 after Fed Chair Kevin Washburn's dovish remarks. The 3-year contract closed at 103.27, up 7 ticks from the previous session, while the 10-year contract rose 8 ticks to 107.13. Trading v

Eight financial institutions surveyed by Yonhap Infomax forecast South Korea's consumer price index rose 2.77% year-over-year in October, a deceleration from September's 2.9% driven by won appreciation and import price stability. The won's strengthening against the dollar since July reduced import c

According to Yonhap Infomax's survey of eight domestic and foreign financial institutions on October 29, South Korea's consumer price index (CPI) is forecast to rise 2.77% year-on-year in October. Forecasts from individual institutions range from 2.7% to 2.88%, with Korea Citibank providing the

According to TD Securities, the Australian dollar-New Zealand dollar cross offers attractive shorting opportunities in coming months as policy rates converge between the two central banks. Following the Reserve Bank of New Zealand's surprise hold on policy rates, the currency pair fell, providing

According to Jin10, in October, the Federal Reserve maintained interest rates unchanged, but two officials supported a 25 basis point hike. Concurrently, Canada's central bank raised rates for the first time in over three years. Domestically, China completed the deployment of 800 billion yuan in ne

Global fund managers including Vontobel, Allianz Global Investors, and BNP Paribas Asset Management have recently increased holdings of longer-dated Japanese government bonds. The shift comes amid signs of recovering domestic demand and a more supportive policy environment. The 30-year Japanese gove

According to Odaily, per Gate data, USD/CNH (USDCNH) fell to 6.660, currently trading at 6.65963, down 0.1% over the past 24 hours.

According to U.S. Treasury Secretary Bessent reported by Jin10 on October 29, AI-related debt yields have risen to double digits, but financing risks do not yet constitute a major problem as cloud service providers represent only a limited share of the AI sector, and fundraising transactions