DXY & Forex

According to investment banking sources, on August 7, Korean Housing Finance Corporation, Shinhan Bank, and KB Kookmin Bank announced preparations to launch euro-denominated covered bond roadshows beginning late August. The three issuers plan consecutive offerings of AAA-rated covered bonds to tap t

According to Bank of Korea, South Korea's financial service revenues reached a record $1.0887 billion in June 2026, marking the first time the figure exceeded $1 billion. The surge was driven by a sharp increase in foreign investor securities trading activity. Foreign investors' buy and sell

According to Jin10 Futures, on August 7 at 08:45 (Beijing time), the CFETS-NEX CNY funding sentiment index fell to 47 points, down 1 point from 16:00 the previous day. By institution type, major banks, mid-sized banks, and non-bank institutions reported sentiment indices of 46, 48, and 46

US stock index futures showed mixed trading on the morning of August 7 ahead of the July employment data release. E-mini S&P500 futures declined 0.05% to 7,730.75, while E-mini Nasdaq100 futures rose 0.10% to 29,518.00, according to Yonhap Infomax Index Futures Integrated Screen. Market

According to the Financial Times, the U.S. sold euros and bought yen on Saturday without advance notice to the European Central Bank. ECB President Christine Lagarde and U.S. Treasury Secretary Bessent discussed the intervention action by phone on Saturday.

Japanese stocks declined at the opening on the 7th, with the Nikkei 225 falling 428.46 points (0.65%) to 65,254.80 as of 9:15 AM, reversing an initial gain within 10 minutes of market open. The decline followed overnight weakness in US markets, where the Dow Jones Industrial Average ended a

According to Nesis, on Aug 7, the U.S.-Japan coordinated yen intervention accelerated yen strength, with USD/JPY falling from 162.80 to the 155 level, sparking concerns over yen carry trade unwinding. The strategy, which borrows low-cost yen to invest in higher-yielding foreign assets including U.S.

According to the investment banking industry, Woori Financial Group successfully increased its issuance of won-denominated subordinated bonds to 400 billion won on August 6, up from the initially planned 270 billion won. The bonds were priced at an annual rate of 4.79%, below the target range of 4.3

Federal Reserve official Alberto Musalem, president of the St. Louis Fed, revealed that he supported a rate hike during the last meeting, breaking from the July decision to hold rates steady alongside three other Fed officials. Musalem advocated for gradual rate increases to manage inflation,

On Thursday, St. Louis Federal Reserve President Alberto Musalem called for a 25 basis-point rate hike in July, joining three other officials who voted against the Fed's decision to hold rates steady on July 28-29. Musalem argued that monetary policy's

According to ChainCatcher, foreign central banks reduced their holdings of U.S. Treasury debt by $25.534 billion in the week ended July 31, compared to a reduction of $33.902 billion in the previous week.

According to Yonhap Infomax, Daishin Securities, a South Korean brokerage firm, will launch a general foreign exchange conversion and currency withdrawal service on August 10 for domestic residents. The service allows investors to convert proceeds from stock sales directly into foreign currency

According to Japan's Ministry of Finance, the country conducted three yen-buying currency interventions in April and May.

According to Japan's Ministry of Finance, the country executed its largest single-day foreign exchange intervention on April 30, with an intervention amount of 6.2787 trillion yen. This marked the biggest move in the April-June

According to overseas brokers, USD/KRW one-month NDF fell overnight on Aug 6 to 1,422.50 won (mid-price), down 0.75 won from Seoul's previous spot close of 1,423.80 won. The decline came as Iran's parliamentary National Security Committee advanced a bill to bar U.S. and Israeli vessels from

Japan's household spending fell 6.4% month-on-month in June, significantly below expectations of -3.1% and reversing the prior month's 3.7% increase.

Japan's household spending declined 3.3% year-over-year in June, significantly below the expected increase of 1.0% and a steeper drop than May's -0.4%, according to government data.

According to Yonhapinfomax, South Korea's government bond futures fell overnight on August 7 as oil prices surged on uncertainty surrounding the Strait of Hormuz reopening. The 3-year contract declined 7 basis points to 103.32, while the 10-year contract dropped 30 basis points to 106.24. Brent

Federal Reserve official Musalem stated the U.S. labor market is in strong condition and near full employment, suggesting the Fed is maintaining focus on its dual mandate. Musalem's characterization aligns with the Fed's observation of less immediate labor-market weakness, reducing urgency on the em

US and Japan conducted joint forex market intervention on July 30, causing the yen-dollar exchange rate to drop over 2% from 162.80 yen to the 157 yen range within 50 minutes, later reaching the 155 yen range on the 3rd. The intervention aims to halt yen depreciation amid US public pressure on Japan