DXY & Forex

According to Yonhap Infomax, on Aug 21, South Korea's 3-year government bond futures declined 4 basis points to 103.18 in overnight trading, while 10-year bond futures fell 29 basis points to 105.28. The decline followed weakness in the broader market despite earlier support from U.S. Treasury

The USD-KRW exchange rate recovered to the mid-1,390 won range on August 21 at 6 AM, trading at 1,396.00 won, up 3.40 won from the previous Seoul market close of 1,392.60 won. The rate rebounded after falling below 1,390 won the previous day to mark a yearly low, driven by dollar strength and

According to Yonhapinfo, the U.S. dollar strengthened against the Korean won to 1,396.00 KRW on August 21, up 6.90 won from the previous day's opening. The rally reversed initial losses below 1,390 KRW following U.S. Treasury Secretary Scott Bessent's announcement of expanded long-term debt

Japan's core consumer price index (CPI) for July is scheduled to be released in 10 minutes, according to the official release calendar.

According to Jin10 Data, China's loan prime rate (LPR) held steady on August 20, with the 1-year tenor at 3.0% and the 5-year-plus tenor at 3.5%, extending its streak to 15 consecutive months without change. The rates were announced by the People's Bank of China via the National Interbank Funding

The Federal Reserve announced on the 20th that Chair Kevin Warsh will deliver a keynote speech at the Jackson Hole Economic Symposium on the 28th at 10am Eastern Time (11pm Korea Time). The Fed confirmed the schedule through its website, stating Warsh will address the symposium themed 'Financial

According to Wall Street analysts, on Thursday (August 20), U.S. Treasury Secretary Bessent's expanded long-dated debt buyback program failed to durably suppress bond yields. After the Treasury announced it would at least double the buyback size starting early September, long-term Treasury yields in

New Zealand's 12-month trade deficit widened to NZD -5.236 billion in July from NZD -3.746 billion in the prior period, according to official trade data.

New Zealand's July trade deficit reached NZD 1.949 billion, according to official government data. The previous month was revised to a deficit of NZD 237 million, down from an initially reported surplus of NZD 23 million.

The US dollar edged higher on the 20th at 4pm Eastern Time, driven by a rebound in US Treasury yields and rising international oil prices amid yen weakness. USD-JPY climbed 0.971 yen (0.614%) to 159.118 yen, reversing the previous session's decline as Brent crude surged 2.36% to $93.78 per barrel. T

The US dollar strengthened against the Japanese yen and other major currencies during the New York trading session. The dollar faced sustained upward pressure as US Treasury yields rebounded and international oil prices climbed, with the yen weakening back to the 159 yen per dollar range. Treasury S

According to Yonhapinfomax, the U.S. dollar strengthened on August 20 as rising oil prices and higher Treasury yields pushed the currency higher. The USD/JPY exchange rate climbed to 159.118, up 0.971 yen (0.614%) from the previous close of 158.147. The dollar index (DXY) rose to 98.884,

According to CME FedWatch as of August 21, the probability of the Federal Reserve maintaining interest rates unchanged in September is 63.8%, while the probability of a 25 basis point rate hike stands at 36.2%. For October, the probability of holding rates steady is 51.8%, with a 25 basis point hike

According to Deutsche Bank strategists, Japan's currency intervention in April and May consumed more than half of its Treasury bill holdings. The decline in Treasury bill holdings in June was attributed to Japan rebuilding dollar deposits in the Federal Reserve's foreign reverse repurchase

According to U.S. Federal Reserve data, as of August 19, foreign central banks and monetary authorities held $373 billion in the Fed's reverse repurchase agreement (RRP) facility, up from $357 billion one week prior. Since August 5, the balance has increased by approximately $56 billion, marking the

Brazil's Central Bank announced on August 21 it will not hold a foreign exchange swap rollover auction, according to its official statement.

According to Axios, on August 20, the Federal Reserve and U.S. Treasury Department adopted contrasting approaches amid surging long-term Treasury yields. Fed Chair Kevin Warsh emphasized the market's price discovery function and sought to reduce intervention, while Treasury Secretary Scott Bessent e

USD/JPY fell below 159 today, declining 0.04% during the session.

According to the Financial Supervisory Commission (FSC), South Korean domestic banks' won-denominated loan delinquency rate at the end of June fell to 0.56% from 0.67% in May, a decline of 0.11 percentage points.

According to the Federal Reserve, Chair Jerome Powell will address the Jackson Hole Global Central Bank Conference on August 28 at 10:00 a.m. ET.