DXY & Forex

According to Jin10, on August 10, economists delayed expectations for Swiss National Bank rate hikes, now predicting the earliest increases would occur after June 2027. Previously, some economists expected borrowing costs to rise this year; however, current forecasts suggest the SNB may not act

According to Bloomberg, Germany is considering backing Bundesbank President Joachim Nagel for European Central Bank president if current ECB President Christine Lagarde resigns early. Finance Minister Lars Klingbeil would support Nagel's bid, though Chancellor Friedrich Merz has not publicly

The USD-KRW exchange rate reversed to gains on the morning of August 10, rising to the late 1,410 won range after narrowing earlier losses driven by strong bid demand. At 11:01 AM in the Seoul foreign exchange market, USD-KRW traded at 1,416.40 won, up 0.30 won from the previous trading day's Seoul

According to Yonhap Infomax, the Korean won-to-dollar exchange rate recovered and rallied to 1,416.40 won today (August 10), up 0.30 won from the previous Seoul market close of 1,416.10 won. The pair fell to a session low of 1,408.80 won in the morning before steadily recovering, buoyed by strong

According to Today News, South Korea's seven major card companies increased their short-term financing ratio to 7.77% as of the first quarter of 2026, up 4.85 percentage points from 2.93% in the same period last year. Rising market interest rates pressured overall fund management operations, with ca

The USD Index is trading at 99.71 today (August 10), up 0.12% during the trading session, according to data from Gain Capital.

Academy Securities Head of Macro Strategy Peter Tchir pointed out in his latest Bloomberg analysis that the core contradiction facing U.S. households may have shifted from “prices are still rising rapidly” to “the prices that rose previously have never come back down.” He compared the Truflation real-time inflation tracker with official CPI and core PCE data, finding that the real-time indicator is now significantly below traditional inflation indicators. The Reversal in the Crossover Between th

Japan's three major banks are securing foreign currency liquidity to prepare for a potential surge in corporate dollar funding demand as the US-Iran conflict prolongs. MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank held a combined $1.25 trillion in foreign currency deposits and

According to Nikkei Asia, Japan's three megabanks—MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank—increased foreign currency liquidity buffers to $1.25 trillion as of end-June, marking an 18% increase from March 2025, as they prepare for prolonged U.S.-Iran tensions affecting

According to Jin10, offshore yuan HIBOR rates mostly climbed on Monday (August 10), with the one-year rate hitting 1.70682%, marking the highest level in three weeks since July 20. Other tenors included overnight HIBOR at 1.34439%, one-week at 1.40636%, and two-week at 1.43515%.

SHIBOR overnight rate rose to 1.3770% today, up 1.6 basis points. The 7-day SHIBOR climbed to 1.4000%, up 0.9 basis points, while the 3-month SHIBOR held steady at 1.4300%.

According to Yonhap Infomax, U.S. stock index futures declined on Aug 10 morning (Korean time 10:09 AM) as uncertainty grew over U.S.-Iran negotiations regarding freedom of navigation through the Hormuz Strait. E-mini S&P 500 futures fell 5.50 points (0.07%) to 7,724.25, while E-mini Nasdaq-100 futu

According to ING Bank, U.S. non-farm payrolls declined by 23,000 month-on-month in July, missing market expectations of an 80,000 job gain. Additionally, May and June figures were revised downward by a combined 103,000 positions. The unemployment rate fell to 4.1% from 4.2% in June, but ING noted th

Yuanta Securities economist Kim Ho-jeong forecasts a 93% probability that the USD-KRW exchange rate will touch 1,400 won by year-end, driven by improved forex market supply-demand dynamics. The projection stems from time-limited supply factors including SK Hynix currency conversion and South Korea's

According to MUFG, U.S. private employment additions fell to 300,000 for a second consecutive month in July, pushing market expectations for a September Fed rate hike to around 50%, down from higher levels. Derek Halpenny, MUFG's senior foreign exchange strategist, said the weak jobs report will

According to Yonhapinfomax, the Bank of Korea announced on August 10 that it will extend the combined issuance period for one-year monetary stabilization bonds from two months to three months. The issuance dates will shift from the 9th of January, March, May, July, September, and November to the 1st

South Korea's Democratic Party held a seminar on August 10 featuring New York Stock Exchange (NYSE) President Lynn Martin to discuss capital market advancement under the theme 'Advancement of South Korea's Capital Market and Enhancement of Global Competitiveness.' Representative Kim Nam-jun

According to Yonhapnews, South Korea's Democratic Party held a seminar on August 10 with New York Stock Exchange (NYSE) President Lynn Martin to discuss advancing the nation's capital market and enhancing global competitiveness. During the event, Lynn Martin disclosed that the NYSE has expanded

According to Japan's Ministry of Finance, the country's June current account swung to a deficit of 92.3 billion yen on August 10, falling short of market expectations for a surplus. The June trade balance recorded a deficit of 135.2 billion yen, worse than the prior year. Exports rose 16.3%

The Bank of Japan released minutes on the 10th from its July 30-31 monetary policy meeting, revealing multiple board members advocated accelerating rate hikes despite holding rates steady. Members cited core consumer price index approaching 2% and upside inflation risks as reasons to adjust the