DXY & Forex

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

The Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee held the Official Cash Rate at 2.75% on May 28 (local time), pausing after two consecutive 25-basis-point increases in July and September. The decision defied market expectations of a 25bp increase to 3.00%, with three of seven

US broad money supply (M2) grew 5.71% year-over-year in September, reaching its highest annual growth rate in 4 years and 4 months since May 2022, according to data released by the Federal Reserve on October 27. The increase occurred despite the Fed raising policy rates for the first time in over th

According to Federal Reserve data released on September 27, U.S. M2 money supply grew 5.71% year-over-year in September 2026, marking the highest growth rate since May 2022. On a three-month moving average annualized basis, M2 growth approached 6%, signaling faster monetary expansion even as the Fed

According to CoinDesk, Brazilian enterprises turned to stablecoins on October 25 during the country's elections to hedge against currency depreciation. Corporate accounts accounted for 78% of trading volume on the day, with USDT transactions surging nearly 800% compared to the previous week—more

According to TD Securities analyst Prashant Newnaha, Australia's latest CPI data released on October 28 prompted the institution to adjust its interest rate forecast. The stronger-than-expected third-quarter inflation reading supports the Reserve Bank of Australia proceeding with a rate hike next

US stock index futures traded near flat in morning Asia session on the 28th ahead of the FOMC rate decision and tech earnings. E-mini S&P500 futures rose 0.01% to 7,758.75, while E-mini Nasdaq100 futures gained 0.05% to 29,825.75 as of 9:20 AM Korean time. The Federal Reserve is expected to hold

Mitsubishi UFJ Financial Group (MUFG) strategist George Gonsalves, economist Agron Nicaj, and associate Erin Schuinard released a report on October 27 forecasting the Federal Reserve will hold policy rates at the October Federal Open Market Committee (FOMC) meeting while delivering a hawkish

According to multiple institutions' predictions reported by ChainCatcher, Goldman Sachs, Citigroup, and Credit Agricole all expect the Federal Reserve to hold rates steady in October, with a 25 basis point increase anticipated in December. Bank of America, however, is betting on a rate hike in Octob

According to sources cited by Bloomberg, hedge fund Millennium Management is developing tools to explore using prediction market data from platforms like Polymarket and Kalshi for traditional asset trading strategies. Some portfolio managers are considering integrating data related to

Bitcoin (BTC) sees a short-term rebound, trading at around $80,790 as of October 28. The crypto industry has spent $176 million backing allies to prepare for the post-Trump era, going all out to influence the midterm elections. An Argentine court has ordered the criminal investigation into President Milei over the LIBRA meme coin controversy to be closed, finding insufficient evidence to establish criminal fraud. Macro Events & Crypto Hot Topics Reuters reported that the crypto industry has spen

According to Yonhapinfomax, Seoul foreign exchange dealers forecast the USD/KRW pair will trade in a range of 1,320.00 to 1,330.00 won on October 28 ahead of key central bank decisions. Dealers expect limited directional bets ahead of the Federal Reserve's policy meeting, as well as upcoming

The USD/ILS exchange rate rose approximately 1% to 3.084 on October 28 as Israeli exit polls indicated a close election race. The polling results suggest Prime Minister Netanyahu faces a potential setback.

According to Yonhap Infomax, on October 28, South Korea's foreign exchange swap market experienced significant stress throughout 2026. Short-term swap rates surged dramatically from +0.60 won in late June to +1.80 won by late July, before retreating sharply by October, when market participants