DXY & Forex

According to Capital Economics via Investing.com on October 28, the Reserve Bank of Australia is now forecast to raise its benchmark rate by 25 basis points at its November 2-3 monetary policy meeting, shifting from prior expectations of a hold. Australia's September consumer price index

According to the Bank of Thailand, the central bank maintained its policy rate at 1% on October 28, deeming the current level appropriate for supporting economic recovery. The monetary authority stated that accommodative monetary policy combined with targeted financial measures helps sustain economi

The USD/JPY exchange rate fluctuated near the 158 yen level on May 28 in the Tokyo foreign exchange market, ultimately trading at 157.790 yen as of 2:10 PM, down 0.06% from the previous session, according to Yonhap Infomax. The volatility stemmed from real demand as May 28 marked the final

According to Yonhap Infomax, the USD/JPY exchange rate peaked at 158.035 yen intraday before closing at 157.790 yen (down 0.06% from the previous day) in Tokyo forex trading on Oct 28. The pair initially rose after overnight U.S. equities showed strength in AI-related stocks, with the Philadelphia S

According to Jefferies analyst Mohit Kumar on October 28, Federal Reserve Chair Kevin Waller's primary focus will be on credibility rather than leaning hawkish or dovish. Jefferies forecasts oil prices will decline to $60–65 per barrel within two years, suggesting oil prices should not be the

Spot gold traded at $4,037.98 an ounce at 04:57 GMT on Wednesday 28 October, down 0.6 percent, with December US gold futures at $4,051.32. The dollar edged higher and oil rose after the Houthis claimed a strike on a Saudi refinery, reviving inflation worries before the Federal Reserve decision at 2

According to CNBC, FedWatch Advisors founder Ben Emons said on October 28 that rising U.S. Treasury yields can help tighten financial conditions, but this cannot exempt the Federal Reserve from raising rates later this year to combat inflation. Emons emphasized that higher yields play only a

According to Jin10, large foreign exchange option contracts across EUR/USD, USD/CHF, GBP/USD, and AUD/USD pairs are set to expire on Oct 28 at 22:00 UTC+8. Eight strike prices with notional values above $1 billion each are involved. Market participants should manage exposure

According to Deutsche Bank strategists reported by ChainCatcher, the U.S. Treasury recently requested primary dealers to provide feedback on shifts in investor demand and future debt auction volumes, signaling weakened demand for longer-dated U.S. Treasuries. As the Treasury faces increased

According to Yonhap InfoMax, New Zealand's Reserve Bank held its official cash rate (OCR) at 2.75% on Oct 28 (local time), with the Monetary Policy Committee voting 4-3 in favor of the hold. Governor Anna Bremm indicated at a press conference that additional monetary tightening may be necessary

According to Jin10 and Nomura, the U.S. dollar is becoming increasingly linked to AI investment flows as overseas capital continues to pour into American AI stocks, corporate bonds, and power infrastructure. Dominic Bunning, head of forex strategy at Nomura Securities, stated that if AI trading

According to BlockBeats, on October 28, the Federal Reserve released its interest rate decision alongside key economic data including GDP and PCE figures. No rate hike was delivered, a move already priced into markets. The market's real focal point is whether December rate hike expectations will be

According to multiple financial institutions, the U.S. dollar is expected to maintain strength this week ahead of the Federal Reserve's interest rate decision. ING cited hawkish policy backdrop, elevated energy prices, and pre-meeting position adjustments as supporting factors for dollar

Resident foreign currency deposits in South Korea reached $155.07 billion at the end of September, surpassing $150 billion for the first time and marking the third consecutive month of record highs, according to the Bank of Korea's report released on the 28th. The September increase of $14.09 billio

According to the Bank of Korea announcement on September 28, South Korea's resident foreign currency deposits reached an all-time high of $154.71 billion at the end of September, up $14.09 billion from the previous month. This marks the third consecutive monthly record. The September increase of $14

Kiwoom Securities forecasts the USD-KRW exchange rate will temporarily fall below 1,300 won in early 2027 before gradually rebounding throughout the year. In an annual outlook report released on the 28th, the brokerage projects an annual average of 1,355 won with an expected range of 1,250

According to Yonhap Infomax, South Korean government bond yields rose on October 28 ahead of the October Federal Open Market Committee (FOMC) meeting. The 3-year benchmark yield climbed 3.0bp to 3.792%, while the 10-year benchmark increased 6.3bp to 4.101% and the 30-year benchmark gained 6.4bp to 4

According to Kiwoom Securities, the South Korean brokerage forecasted on October 28 that the US dollar-Korean won exchange rate will average 1,355 won in 2027, with an expected annual range of 1,250–1,450 won. The firm projects won strength in early 2027 due to semiconductor companies' exchange of d

On October 28, the Korean won weakened against the U.S. dollar, trading at 1,339.2.

According to Jin10, overnight CNH HIBOR (offshore renminbi interbank offered rate) fell 5 basis points to 1.33076% on Wednesday (Oct 28), reaching a three-week low since Oct 7. One-week CNH HIBOR held steady at 1.43606%, while two-week CNH HIBOR remained flat at 1.45000%. Other main-tenor rates