DXY & Forex

The Bank of Korea's Monetary Policy Committee faces a crucial decision as its regular meeting approaches approximately one week from the 18th, with the central bank's economic forecast report emerging as a key factor increasing the likelihood of back-to-back interest rate hikes. Market

According to bond market analysts, South Korea's central bank is expected to announce significant upward revisions to growth and current account forecasts in its economic outlook report at the August Monetary Policy Committee meeting, scheduled for next week. Market participants believe the

According to Jin10, on August 18, two-week CNH HIBOR fell to 1.43030%, marking a fresh three-week low. Overnight HIBOR rose 6 basis points to 1.43303%, hitting a three-week high, while one-week HIBOR retreated to 1.42879% and one-year HIBOR edged down to 1.70000%.

The Bank of Korea's monetary policy decisions may face a new critical variable as the Korean won has appreciated sharply since July, according to Barclays analysis. The won's strength could lower import prices and financial stability risks while weakening the central bank's gross domestic income

The U.S. 30-year Treasury yield rose to 5.28% on Aug. 17 and broke above 5.3% on Aug. 18. Nohshad Shah, head of EMEA fixed-income sales at Citadel Securities, stated in the latest client report that, against a backdrop of inflation remaining above target for an extended period, the Fed remains reluctant to tighten monetary policy further. This has kept long-term U.S. Treasury yields near their highest level in nearly 20 years and put pressure on broader markets. Four Core Warnings in the Citadel

According to DBS Group's research team on August 18, the Bank of Japan may accelerate its rate hike frequency from the current pace of once every six months to once every three to four months. The analysts expect the next rate hike in September, with additional increases anticipated in the first

KB Securities director Lee Eun-taek stated at a Korea Exchange conference on the 18th that the AI industry bubble has not yet reached collapse stage, as interest rates remain insufficient to halt hyperscaler capital investment. Lee identified irreversible interest rate increases as the primary

According to Yonhapinfomax, Japan's 10-year government bond yield rose to 2.9494% on August 18, marking its highest level in 30 years since September 1996. The yield gained 2.38 basis points from the previous trading day and extended its rally to six consecutive trading sessions. Other segments

Goldman Sachs Chief Economist Jan Hatzius assessed in a recent client research report that a Fed rate hike in September is “extremely unlikely,” citing the simultaneous shift in three data trends: weak retail sales, weakening employment data, and cooling inflation. CME FedWatch data showed that, as of August 18, traders were pricing in only a 30.6% chance of the Fed raising rates by 25 bps (one quarter-point) in September. Key Arguments in Goldman Sachs’ Jan Hatzius Report According to Bloomberg

According to Nikkei, Japan's long-term interest rates reached their highest levels in 30 years on August 18, amid rising U.S. Treasury yields. The surge has reignited concerns over potential yen carry trade unwinding, as investors may exit leveraged positions funded in low-yielding yen. Rising rates

According to Guru Club, Stripe announced on August 18 that it will expand multi-currency settlement to enterprises across 37 markets by the end of 2026. Businesses will be able to collect and settle revenues in up to 18 different currencies based on their operating locations. The company also

According to Yonhap Infomax, South Korea's reserve money surplus totaled 12.4 trillion won on Aug 18, with the prior day's (Aug 14) reserve money sufficiency surplus at 22.9 trillion won. The overnight call rate stood at 2.776%, with trading volume of 12.3 trillion won.

According to Barclays economist Bum Ki Son, reported by Jin10, Korea's won has strengthened by more than 5% against the U.S. dollar over the past month (as of August 18). The currency appreciation may reduce Korea's second-quarter GDP

South Korean 10-year government bond futures opened 74 ticks lower on the 18th, tracking losses in US Treasuries during the holiday period. The decline reflected a sharp rise in US long-term yields, with the 30-year rate climbing to its highest level since 2007 amid renewed inflation concerns.

According to Yonhap Infomax, on August 18, the USD-KRW spot market MAR quotation held at the 0-level before 9 a.m. Seoul time. Broker A reported trading activity, while Broker B recorded no transactions. The NDF fixing position stood at square (neutral), indicating that regional market

Semiconductor companies drove the USD-KRW exchange rate down approximately 150 won over the past month from early July, with the rate falling from the 1,560 level to the 1,410s. The decline stems from massive dollar selling by exporters, particularly Samsung Electronics and SK Hynix, which are

The 30-year U.S. Treasury yield climbed to 5.321% today, marking its highest level since mid-2007. The surge reflects ongoing market dynamics in the long-term bond market.

South Korean 30-year government bond yields hit a record high as the spread between 10-year and 30-year bonds widened to 40 basis points on the 12th. The ultra-long bond weakness stems from reduced demand by insurers and pension funds combined with aggressive short selling activity. According to

The USD/KRW exchange rate remained in a prolonged technical oversold zone as of August 18, with the pair trading at 1,415.60 won at 6 AM, up 2.60 won from the previous Seoul session close. The sustained decline occurred after the rate peaked at 1,559.20 won on July 1 and subsequently dropped

According to Yonhapinfomax, South Korea's 30-year government bond yields reached historic highs on August 18, climbing to 4.660% on a private market basis. The yields peaked at 4.685% on August 12, marking the highest level on record. Meanwhile, the 10-year-30-year spread widened to 40 basis