DXY & Forex

According to Yonhap Infomax, South Korea's interest rate swap (IRS) rates fell across all tenors on July 21, with the 1-year rate declining 1.50 basis points to 3.42%, the 2-year dropping 5.00bp, 3-year down 4.50bp, 5-year falling 3.75bp to 4.0375%, and 10-year decreasing 2.50bp to 4.15%. A

South Korea's Financial Services Commission Chair Lee Euk-won stated today (July 21) that single-stock leverage exchange-traded funds (ETFs) have contributed to reducing foreign currency outflows and supporting exchange rate stability. Speaking at a Cabinet meeting at the Presidential Blue House, Le

Scope Prime introduced a dynamic margin framework and raised Net Open Position limits to improve capital efficiency for brokers, hedge funds, and professional trading firms. The new model replaces fixed margin rates with a blended structure that adjusts according to aggregate exposure, with

According to Yonhap Infomax, on July 21, the dollar-won exchange rate fell to 1,473.40 KRW, marking its lowest level in over two months and extending a six-day consecutive decline. The currency depreciated 5.00 KRW against the previous day's close of 1,478.40 KRW. The decline was driven by strong d

According to the UK Office for National Statistics (ONS), the unemployment rate from March to May fell to 4.9%, beating market expectations of 5.0%. The number of workers increased by 147,000, surpassing the forecast of 85,000. Average wage growth, excluding bonuses, rose 3.4% year-over-year, in

According to the European Central Bank Credit Survey, housing loan demand in the eurozone fell significantly in the second quarter and is expected to decline further in the third quarter.

According to Jin10, nine major currency option strikes with notional values exceeding $1 billion are set to expire on July 21 at 22:00 Beijing time. The expiring options span euro, sterling, Australian dollar, Canadian dollar, and Japanese yen

According to the ECB Credit Sentiment Survey, demand for loans to businesses increased in the second quarter, while the share of rejected loan applications also rose, reflecting tightening credit conditions amid economic

According to Bloomberg, Indonesia's Finance Minister Purbaya Yudhi Sadewa announced on Tuesday that the country plans to issue panda bonds worth 7 billion yuan (approximately 1 billion USD) for the first time, with bond pricing expected on July 23 depending on market conditions. Purbaya stated that

Moon Ji-sung, South Korea's Deputy Minister for International Economic Management, described recent dollar inflows as a 'rainy season not a shower' on the 21st. He told Yonhap Infomax after London investor meetings that won strengthening reflects structural FX supply changes, not temporary shifts. M

On July 21, South Korea's Vice Finance Minister Moon Ji-sung forecasted that the Korean won would appreciate further in the second half, citing sustained dollar inflows rather than temporary flows. The official noted that corporate forward exchange sales hit an 18-year high in the second quarter

USD/JPY rose 0.03% to 162.488 yen as of 1:42 PM on July 21 in Tokyo trading, according to Yonhap Infomax. The currency pair opened at 162.555 yen and maintained modest gains throughout the session. The yen weakened due to corporate dollar-buying demand from Japanese importers following the July 20 h

The Bank of Korea confirmed the official name of its offshore won settlement system as 'BOK-Wire Int' and announced it is proceeding with construction work targeting a September pilot launch. Four banks — Kookmin, Woori, Hana, and Shinhan — will participate in the pilot operation. The system aims

According to Yonhap Infomax, the dollar-yen exchange rate rose 0.03% to 162.488 yen on the Tokyo market on July 21, at 1:42 p.m. local time, with the pair opening at 162.555 yen. The yen weakened as escalating U.S.-Iran tensions drove safe-haven demand into dollars, following U.S. President

According to Yonhap Infomax, South Korea's central bank confirmed on July 21 that it will officially name its offshore won settlement system 'BOK-Wire Int' and proceed with trial operations targeting September 2026. Four domestic banks—Kookmin, Woori, Hana, and Shinhan—will participate in the

According to Jin10 Data, on July 21, U.S. core PCE inflation is forecast to rise modestly 0.18% month-over-month to 3.3% year-over-year in June, marking the lowest monthly pace since November last year. Andy Burnham was formally appointed as UK Prime Minister by King Charles. Separately, South

Japan's 40-year government bond yield rose 1.5 basis points to 3.890% on July 21.

In May, UK average wages including bonuses grew 4.3% year-over-year, down from 4.4% in the prior period.

Switzerland's trade surplus in June reached CHF 5.224 billion, down from the previously reported CHF 6.11 billion, which was revised to CHF 5.989 billion.

In May, the UK's three-month average wage growth rate excluding bonuses came in at 3.4% year-on-year, matching both the forecast and the previous reading of 3.40%, according to official data.