DXY & Forex

According to Jin10, on August 18, the Japanese yen fell to two-week lows as concerns over rising U.S.-Iran tensions pushed oil prices higher, with USD/JPY surging to 159.77 intraday. Analysts at ING noted that lower foreign exchange volatility has driven increased carry trade demand, as investors

According to ECB Chief Economist Philip Lane, inflation is expected to remain around 3% for the remainder of 2026.

According to News1, the USD-KRW exchange rate fell to 1,411.80 won on August 18 afternoon, down 1.20 won from the previous close, as U.S. economic slowdown concerns reduced expectations for a Federal Reserve rate hike in September. Futures markets pricing showed the probability of a Fed rate hike in

According to an opinion piece by ECB Governing Council member Olli Rehn in the Financial Times, forward guidance should remain in the central bank's policy toolkit. Rehn argued that forward guidance is particularly valuable in Europe as an alternative tool when monetary policy is constrained,

According to Ashley Webb, chief UK economist at Capital Economics, the UK unemployment rate rose from 4.8% in the three months ending May to 4.9% in the three months ending June, with the monthly rate increasing from 4.6% to 5.4%. Webb stated the data reflects a softening labor market, indicating th

KOSPI closed down 108.11 points (1.55%) at 6,869.83 on the 18th, reversing from a strong opening as bond yield concerns swept Asian markets. The index had opened 2% higher at 7,127.77 and reached an intraday peak of 7,216.62 before plunging to 6,788.78 by afternoon close. Market participants

According to Bloomberg, sovereign bond yields across major economies rose to multi-year highs this week. The US 30-year Treasury reached its highest level since 2007, French borrowing costs hit their highest since 2008, and German yields rose to 2011 levels. UK gilt yields approached 6%, while

Tokyo bond market participants are treating a Bank of Japan (BOJ) interest rate hike next month as a foregone conclusion, driven by yen weakness and Middle East instability fueling inflation. Asahi Shimbun reported on the 17th that market sentiment reflects a belief that US Treasury Secretary

Mitsubishi UFJ Financial Group (MUFG) released a report on August 18 forecasting that rising US Treasury yields will have limited impact on Asian foreign exchange and bond markets. The Japanese financial group attributed this resilience to the fact that yield increases reflect improved economic

According to Asahi Shimbun on August 17, the Bank of Japan is widely expected to raise rates in September 2026 with an 80% probability, potentially marking the first hike in three months. Market participants view the move as nearly certain, citing yen weakness and Middle East tensions fueling

The Korea Federation of Banks reported that COFIX (Cost of Funds Index), the benchmark for variable mortgage rates, rose to 3.18% in July, marking the fourth consecutive monthly increase. The new loan-based index climbed 0.13 percentage points from June's 3.05%, driven by rising bank funding costs a

According to Japan's Ministry of Finance, on August 18, the nation's 5-year government bond auction achieved a bids-to-cover ratio of 4.15x, surpassing the previous auction's 3.43x and the 12-month average of 3.34x. The tail (price difference between average and lowest accepted bids) narrowed to 0.0

According to Jin10, foreign exchange options for EUR/USD, GBP/USD, and AUD/USD will expire tonight (August 18) at 22:00 Beijing time. The expiration includes 3 major strike prices, each with open interest exceeding 1 billion

The yield spread between French and German 10-year government bonds widened to 86 basis points, the widest level since October 2025, according to market data.

Insurance and pension funds net purchased 2.3 trillion won of Korea Housing Finance Corporation (KHFC) mortgage-backed securities issued on the 14th, with market participants speculating Samsung Electronics pension funds entered across all

According to Financial News, KB Securities director Lee Eun-taek warned on August 18 that if U.S. 10-year Treasury yields sustainably breach 5%, it could indicate an AI bubble collapse. Speaking at a Korea Exchange press briefing, Lee said that historically, capital suppliers including banks,

Japan's 40-year government bond yield has risen 7 basis points, reaching 4.205%.

UK employment increased by 84,000 in the three months to June, falling short of the 130,000 forecast and down from the prior reading of 148,000, according to labor data released on August 18.

UK average wages, including bonuses, rose 4.1% on a year-on-year basis for the three-month period ending in June, beating economist forecasts of 4% but declining from 4.3% in the previous period.

UK average wage growth including bonuses rose to 4.1% year-over-year in June, missing market expectations of 4%. The prior month's figure was revised upward to 4.4% from an initial reading of 4.3%.