DXY & Forex

South Korea's National Pension Service (NPS), which manages up to $88 billion in currency forward limits, lacks a transparent public process for selecting foreign exchange (FX) trading counterparties, according to industry observations reported on May 14. While the pension fund publicly selects

According to Yonhap Infomax on July 14, South Korea's National Pension Fund lacks transparent procedures for selecting counterparties in forex derivative trading, unlike its process for stocks and bonds. The fund manages up to $88 billion in forward exchange contracts and forex swaps, with foreign e

South Korean government bond yields rose on July 14 as US-Iran tensions persisted and international oil prices surged. The 3-year benchmark government bond yield climbed 5.8 basis points to 3.868% as of 10:55 AM, while the 10-year yield increased 4.6 basis points to 4.313%. The sell-off was driven b

On July 14, South Korea's government bond yields climbed, according to Seoul bond market data, with 3-year benchmark rates rising to 3.868%, up 5.8 basis points from the previous close. The 10-year yield increased 4.6bp to 4.313%, and the 30-year yield rose 3.8bp to 4.483%. The advance followed

According to the Bank of Korea's report released on July 14, offshore non-deliverable forward (NDF) contracts traded by foreign investors averaged $22.77 billion daily in the second quarter of 2026, rising $3.87 billion from Q1 and marking the highest quarterly volume since 2018. The NDF

According to New York Times, the U.S. Department of Labor will release June consumer price index (CPI) data today at 8:30 AM ET (9:30 PM KST), a key inflation gauge watched closely by markets amid growing Federal Reserve rate hike concerns. On July 14, Federal Reserve Governor

The U.S. Dollar Index traded at 101.18 today, down 0.12% intraday.

Japanese Finance Minister Katsuya Katayama said the government wants public funds—including the Government Pension Investment Fund (GPIF)—to increase their allocation to Japan’s domestic financial assets. The targets include Japanese government bonds, stocks, and other local assets. The move comes as pressure on Japan’s debt rises. Some market analysts interpret the government’s guidance of public capital to buy domestic assets as a typical case of “financial repression,” boosting the safe-haven

The South Korean won strengthened 0.7% against the U.S. dollar today, reaching 1,486.90, marking its highest level since May 13.

According to Seoul Foreign Exchange Market, SK Hynix sold significant volumes of dollar spot currency today (July 14), pushing the USD/KRW exchange rate to 1489.80 won, its lowest level in two months. The company raised approximately $26.5 billion through its American Depositary Receipt (ADR)

Indian rupee against the U.S. dollar broke below the 96 level today, marking its first breach since late May. The currency fell 0.46% intraday.

According to Japan's Finance Minister Yamagita Kotsuki, on July 14, Japanese government bonds rose after she indicated the Government Pension Investment Fund (GPIF), the world's largest retirement fund, could adjust its investment portfolio if significant changes occur in the investment

Japan's 20-year government bond auction today (July 14) achieved a bid-to-cover ratio of 4.52, compared to a 12-month average of 3.54. Japanese government bond futures expanded gains following the auction

According to Jin10 data, Hong Kong offshore Chinese interbank offered rates (CNH HIBOR) showed mixed movements on July 14. The overnight HIBOR rose to 1.43758%, marking its highest level since July 3, while the one-week HIBOR held steady at 1.45000%, two-week HIBOR climbed to 1.46849%, and

Foreign investors recorded a net outflow of $30.72 billion from South Korean securities markets in June, according to data released by the Bank of Korea on July 14. Stock funds saw a record $32.37 billion net outflow, surpassing the previous month's record, while bond funds registered a $1.65 billio

According to Societe Generale, Japan's Government Pension Investment Fund (GPIF) can purchase up to 12.3 trillion yen ($76 billion) of Japanese government bonds without altering its asset allocation. The estimate assumes GPIF gradually increases its domestic bond holdings from 26.9% as of

According to China Customs, U.S.-China bilateral merchandise trade reached 2 trillion yuan in the first half of 2026, accounting for 7.9% of China's total foreign trade. Trade declined 18.7% year-over-year in the first

According to Yonhapinfomax, the Bank of Korea will raise its benchmark rate by 25 basis points on July 16, with analysts divided on future tightening. ING argues the policy rate should be 100bp higher immediately, citing negative rate buffers and persistent currency weakness, while Barclays

China's June exports grew 20.8% year-over-year in yuan terms, accelerating from 13.8% in the previous month, according to official statistics.

China's June trade surplus, measured in yuan, reached 859.05 billion yuan, up from 723.98 billion yuan in May.