DXY & Forex

Vietnam's trade deficit narrowed significantly to $113 million in August, a major improvement from July's deficit of $3.587 billion.

Korea Development Bank issued 370 billion won in 2-month discount bonds at a 3.18% coupon rate and 170 billion won in 1.5-year bonds at 3.94% on the previous trading day, according to bond market sources on September 3. The unusually short maturities—including 3-month bonds issued on September 1 and

The New York Federal Reserve released a report on local time 2nd analyzing whether central banks are moving away from dollar assets, finding that the decline in dollar share of official foreign exchange reserves from 64% in 2015 to 56% last year was driven primarily by China and Russia rather than a

According to a report released by the New York Federal Reserve on September 2, the share of dollar assets in global central banks' foreign exchange reserves fell from 64% in 2015 to 56% by 2023. However, the central bank noted that most countries have not significantly reduced their dollar

According to Yonhap Infomax, South Korean forex dealers on September 3 saw the USD/KRW exchange rate fall to the 1,350–1,360 won range amid signs of Japanese central bank intervention overnight. The USD/JPY pair briefly declined to the low 158 yen level, triggering a linked decline in USD/KRW.

Korean foreign exchange authorities are monitoring the won-dollar exchange rate's rapid decline after the currency pair fell from the 1,550-won range in July to the 1,360-won range in August, reaching the 1,350-won level in early September — the lowest point since July 3 last year. The 200-won

South Korean President Lee Jae-myung publicly referenced a Morgan Stanley forecast projecting the base rate could reach 3.5% by the first quarter of next year, citing it on August 30 via X (formerly Twitter) as a warning against real estate speculation. The statement marked an unusual instance of a

South Korean President Lee Jae-myung publicly referenced a Morgan Stanley forecast projecting the benchmark interest rate could reach 3.5% by Q1 next year, stating on August 30 via X that those interested in real estate speculation should take particular note. The statement followed the Bank of Kore

According to Yonhapinfomax, South Korea's President Lee Jae-myung on August 30 publicly cited Morgan Stanley's forecast that the benchmark interest rate could rise to 3.5% in the first quarter of 2027, warning real estate speculators to take note. The remarks, made on X (formerly Twitter), signal

Bitcoin (BTC) remains range-bound, currently around $77,320 on September 3. The U.S. Commodity Futures Trading Commission (CFTC) plans to introduce rules addressing potential conflicts of interest between prediction market exchanges and affiliated trading firms. Arthur Hayes firmly believes Bitcoin will reach $1 million by 2030 and has abandoned HYPE in favor of buying ETH. Macro Events & Crypto Hotspots According to The Information, the U.S. Commodity Futures Trading Commission (CFTC) is review

Australia's goods and services trade balance reached 1.923 billion AUD in July, exceeding economist forecasts of 1.45 billion AUD. The result represents a marginal decline from June's 1.929 billion AUD

According to Gate data, USD/JPY fell to 158.466 on September 3, declining 1.1% in the past 24 hours.

According to Jin10, China's central bank conducted no reverse repurchase operations today (September 3), resulting in a net liquidity injection of 103 billion yuan as 103 billion yuan worth of 7-day repos

The People's Bank of China announced today (Sept 3) that the volume of 7-day reverse repo operations was zero, based on demand from primary dealers in the open market.

According to the China Foreign Exchange Trade System, the Chinese yuan strengthened to 6.7807 against the U.S. dollar today (Sept 3), marking its strongest level since February 8, 2023. The mid-price appreciated 22 basis points from the previous trading day's mid-price

According to Bank of America analysts on September 2, employment data due this week will likely not be the decisive factor for the Federal Reserve's September 15-16 FOMC meeting. BofA analysts stated that while significantly weaker-than-expected employment figures could lower rate hike odds, the

The USD-KRW exchange rate tested the 1,350 won level on September 3rd as selling-dominated supply drove continued downward momentum. The sharp overnight drop in USD-JPY, which fell over 1 yen from the mid-159 yen range to around 158.20 yen in the New York session, accelerated the decline in USD-KRW