DXY & Forex

According to investment banking industry sources on August 20, South Korea is accelerating preparations to secure European covered bond equivalence status, which would reduce funding costs for Korean financial institutions issuing euro-denominated covered bonds. Korea Housing Finance Corporation, wh

Seoul forex dealers predicted on May 20 that the USD-KRW exchange rate would fluctuate around 1,390 won following a sharp decline the previous day. The US Treasury's surprise announcement overnight of expanded long-term bond buyback drove dollar weakness, assessed as a won-strengthening factor in Se

Japan's 40-year government bond yield declined 9.5 basis points, settling at 4.055% as of August 20.

According to E-Daily, the Korean won fell to the 1380 level on August 20, declining 3.45 won from the previous trading day as of 10:09 a.m. local time. The weakness was driven by semiconductor exporters' continued dollar sales and weakening global dollar sentiment following the U.S. Treasury's

The Malaysian ringgit appreciated to 4.04 against the U.S. dollar, reaching its strongest level since mid-June.

Australia's employment declined by 15,800 in July, according to official employment data released in August, missing consensus expectations of a 15,000 increase. This marked a sharp reversal from June's gain of 76,300

ING Bank forecasts the Federal Reserve will hold interest rates steady through 2027 despite hawkish signals in July Federal Open Market Committee (FOMC) minutes, according to a report issued on the 19th (local time) by Jamie Knightley, ING's Chief International Economist. The assessment follows July

Australia's employment declined by 15,800 in July, significantly below the forecast of 12,000 new jobs, according to employment data released in August 2026. The previous month saw an increase of 76,300

Australia's unemployment rate rose to 4.5% in July, according to official data, exceeding economists' forecast of 4.4% and marking an increase from June's 4.4%.

South Korea's Ministry of Finance and Economy may review measures to stabilize ultra-long government bond rates by early September, according to Citi's forecast released on the 20th. The review comes as

According to Jin10, China's central bank conducted no reverse repurchase operations on August 20, with 327.4 billion yuan in overnight reverse repos maturing, resulting in a net liquidity withdrawal of 327.4 billion yuan for the

China's central bank conducted zero 7-day reverse repo operations on August 20, according to its public market operations announcement. The People's Bank of China made the decision based on demand from primary

China's central bank has suspended its 7-day reverse repo operations for eight consecutive working days, with 327.4 billion yuan in reverse repo contracts expiring today (August 20), according to official central bank

The USD-KRW exchange rate fell to the 1,380 won range, trading at 1,389.10 won, down 8.60 won from the previous close of 1,397.70 won. The decline was driven by persistent dollar selling from semiconductor exporters amid massive current account surpluses and the US Treasury's expansion of its long-t

According to the interbank foreign exchange market, on August 20, 2026, the USD/CNY central parity rate stood at 6.7808, down 46 points, indicating yuan appreciation. The EUR/CNY rate rose to 7.8815, up 487 points, while GBP/CNY moved to 9.1793, up 207 points. JPY/CNY (per 100 yen) was at 4.2636, up

According to Yonhapinfomax, the Korean won weakened to the 1,380 level against the U.S. dollar today (August 20), hitting its lowest point since September last year. The won briefly fell to 1,385.20, while the U.S. dollar index declined to 98.7, marking a three-month low. Semiconductor companies inc

According to Guru Club, on August 20, Chinese yuan's share of global payments on SWIFT held steady at 3.1% in July, unchanged from the previous month.

China's five-year loan prime rate (LPR) remained at 3.5% in August, unchanged from the previous month's rate. The central bank maintained the benchmark lending rate amid ongoing economic conditions.

According to Nick Timiraos, the U.S. Treasury announced it will increase the maximum repurchase limit for long-term nominal coupon-bearing Treasury securities from $2 billion to at least $4 billion, effective September 9. Timiraos noted the timing is noteworthy: the announcement came roughly two

On August 20, Bitcoin surged from around $64,100 to approximately $69,500, while Ethereum rose more than 9% to break above $2,100 for the first time since June. On August 19, the U.S. Treasury announced that it would raise the maximum size per operation of liquidity-supporting buybacks for 10–20-year and 20–30-year U.S. Treasuries from $2 billion to at least $4 billion. Policy Details of the U.S. Treasury’s Expanded Treasury Buybacks The specific policy announced by the U.S. Treasury is to raise