DXY & Forex

According to minutes released by the Bank of Japan on August 10, the BOJ held its benchmark rate steady at its July 30-31 policy meeting, but board members expressed increasingly hawkish sentiment regarding future rate hikes. Eight of nine members voted to maintain the rate, with only board member

According to Yonhapinfomax, on August 7, South Korea's banking system posted a reserve surplus of 3.2 trillion won, with reserve requirement adaptations totaling 3.5 trillion won in surplus. The overnight call rate settled at 2.78%, with trading volume reaching 15.5 trillion won. Market observers n

Korean Treasury futures declined on the morning of August 10, with foreign investors selling 3-year contracts for the first time in 13 trading days despite weaker US employment data that pushed US Treasury yields lower. The 3-year futures dropped 5 ticks to 103.34 and 10-year futures fell 8 ticks to

According to Westpac, the Reserve Bank of Australia will hold its cash rate at 4.35% unchanged in August, following softer-than-expected second-quarter inflation readings. Both Q2 headline CPI and trimmed mean CPI came in below forecasts, supporting the RBA's pause. Westpac expects the central

According to Yonhapinfomax, on August 10, South Korea's 3-year government bond futures fell 5 ticks to 103.34, while 10-year futures declined 8 ticks to 106.26, as of 9:13 a.m. Foreign investors sold 2,879 contracts of 3-year futures and bought 437 contracts of 10-year futures. The decline came

According to Jin10, China's Ministry of Finance and Macau's government announced today that the central government will issue 6 billion yuan of RMB sovereign bonds on August 20. The bonds feature diversified maturity structures designed to further improve regular issuance mechanisms and provide

The Bank of Korea's monetary policy advisory committee meeting on the morning of August 7 reportedly produced hawkish signals, intensifying market confusion over a potential back-to-back rate hike in August. The signals emerged despite recent stabilizing factors including international oil prices, t

According to Yonhapinfomax, South Korea's central bank monetary policy advisory committee conveyed a more hawkish tone on August 7, intensifying market uncertainty over whether the BoK will hike rates again in August. The signal came as the economy showed robust expansion, with second-quarter GDP

The Korean won appreciated 1.49% against the US dollar last week, marking the strongest performance among major currencies, according to data from Yonhap Infomax. The won's strength resulted from a combination of improved domestic foreign exchange supply and easing dollar strength. However,

According to Yonhap Infomax, the Korean won appreciated 1.49% against the U.S. dollar in the past week (as of August 10), marking the strongest performance among major currencies. The gains were driven by expanded domestic dollar supply and broader dollar weakness. However, analysts cautioned that a

Japan's Ministry of Finance will issue 2.5 trillion yen in 5-year government bonds on August 18.

On August 10, China's central bank conducted 18 billion yuan in 7-day reverse repo operations at 1.40% interest rate, keeping the rate unchanged from the previous operation. The central bank's reverse repo contracts totaling 63 billion yuan matured

Foreign investors recorded their largest-ever weekly net sell-off of dollar futures in South Korea's currency futures market during August 3-7, selling 173,873 contracts worth 2.4735 trillion won. The massive sell-off reflects strong market expectations for further declines in the won-dollar

China's interbank foreign exchange market set the yuan's official fixing on August 10, 2026, with USD/CNY at 6.7884, appreciating 20 points. EUR/CNY rose 104 points to 7.8171, while GBP/CNY strengthened 71 points to 9.1234. JPY/CNY (per 100 yen) increased 76 points to 4.2867. Other major pairs:

If you felt the market move but failed to keep up, it wasn't your fault—the market made a major shift in expectations within 45 minutes of the NFP release during the final two trading days of last week. But the real conflict was not macroeconomic; it was a violent rupture within the AI industry chain. U.S. July NFP unexpectedly fell by 23k jobs (versus expectations for an increase of 80k), while the prior figure was revised down by a combined 103k, and the probability of a September rate hike pl

Seoul's bond market monitored foreign investor activity on August 10 following US employment data releases, with traders assessing implications for the Bank of Korea's monetary policy stance. Korean 3-year Treasury yields rose 0.2

According to Yonhapinfomax, the US nonfarm payroll declined 23,000 in July, contrary to market expectations of an 80,000 increase, marking the first monthly decline since February. The unexpected employment shock weakened the dollar index from 99.9 to 99.4, with the dollar-won rate falling to

According to China Foreign Exchange Trade System (CFETS), China's yuan exchange rate index fell 0.16 to 102.03 on a weekly basis on August 7.

According to The Kobeissi Letter citing CFTC data, hedge funds have slashed their yen short positions by 74,400 contracts to 63,600 in the five weeks through August 4, marking one of the largest such reversals since the 2008 financial crisis. The shift follows Japan's intervention on July 30-31,