DXY & Forex

US Treasury Secretary Scott Bessent and Japanese authorities conducted a joint intervention to buy yen, prompting market experts to coin the term 'Currency Activism' to describe the aggressive approach. Bessent, who previously led yen crash bets in 1992 and yen weakness trades in 2013 during his

South Korean retail investors net sold $525.7 million in overseas stocks during Q2 2025, marking their first quarterly net sale in 10 quarters, according to data released by the Bank of Korea on August 10. The net selling occurred in April ($424.9 million) and May ($605.5 million), driven by a

According to Shanghai Securities News, China has unveiled a series of monetary policy reforms since late July, including the launch of DR-based reference rate loans and enhanced disclosure of comprehensive financing costs in personal lending businesses. Financial analysts believe that China's moneta

According to Korean Economic TV, U.S. nonfarm payrolls fell by 23,000 in July, compared to expectations of an 83,000 increase. Additionally, June employment was revised downward to 20,000 from a previously

On Monday, the foreign exchange market opened steady with USD/JPY declining 0.08%, EUR/USD rising 0.03%, and the U.S. Dollar Index (DXY) falling 0.04%.

According to Jin10, the Reserve Bank of Australia will hold rates at 4.35% on Tuesday (Aug 12), the second consecutive meeting without a rate change, while signaling readiness to tighten further if inflation persists. Market participants will scrutinize the RBA's rate statement and updated

South Korean listed companies face tightening fundraising conditions across equity and debt markets this year, despite rising money supply. The Financial Supervisory Service has requested corrections on 15 equity financing plans this year, while first-half corporate bond issuance fell 15.2%

Japan's four largest life insurers are sitting on roughly $96 billion in unrealized losses on Japanese government bonds as of the end of June 2026. Nippon Life, Dai-ichi Life, Sumitomo Life, and Meiji Yasuda reported combined losses of ¥15.13 trillion, up roughly 7% from the previous quarter. The lo

According to Jin10, Hungary's central bank reiterated support for the government's efforts to meet eurozone accession conditions on August 10. Deputy Governor Barnabas Bonaui stated the central bank would play a constructive role in achieving the 2030 target set by Prime Minister Viktor Orban's

According to the U.S. Treasury's quarterly refunding statement released this week, officials changed their language regarding future debt issuance from "potential increases" to "potential adjustments," signaling a possible reduction in 20-year and 30-year bond sales to lower long-term yields.

According to Odaily, prediction markets are betting on the Federal Reserve holding rates steady at its September meeting. Polymarket data shows a 63% probability of no rate change, with over $20.3 million in trading volume; Kalshi puts the hold probability at 65% with $4.9 million in trades. CME Fed

According to White House Chief Economic Advisor Kevin Hassett, U.S. inflation data is declining rapidly on August 9. The statement reflects ongoing progress in the administration's efforts to manage price

According to Jin10, next week's economic calendar will feature several closely watched releases. On Wednesday, the U.S. July CPI data is due, including year-over-year and month-over-month figures, closely tracked by global markets. Friday will see China's domestic oil prices enter a new pricing

According to Bloomberg, emerging Asian central banks are supporting their currencies on August 9 by attracting foreign capital inflows rather than drawing down foreign reserves. India has raised nearly $40 billion through high-yield dollar deposits offered to overseas nationals, helping the rupee re

According to Iran's Central Bank governor, the bank has banned commercial banks from excessive borrowing, which has been a key driver of inflation. The central bank stated that excessive lending by banks and their liquidity creation must be strictly prohibited to slow inflation growth. Excessive

According to a CITIC Securities report released on August 9, the U.S. and Japan jointly intervened in the foreign exchange market to prevent sustained yen depreciation from causing broader risk spillovers. Japan faces structural challenges including persistent inflation below the Bank of Japan's

Leveraged funds reduced their net short positions on the Japanese yen by 60,942 contracts week-over-week, marking the largest single-week reduction since March 2007. As of a date, the net short position stood at -63,633 contracts, according to the US Commodity Futures Trading Commission (CFTC).

According to the Seoul Foreign Exchange Market, the KRW/USD exchange rate broke through the 1,420 won level—previously regarded as a key psychological resistance—and recorded its lowest level so far this year on August 7, reflecting Korean won strength. Market experts suggest entry into the 1,300 wo

According to Korea Tourism Organization, South Korea's travel account surplus reached $596.6 million in June, marking the highest level since the start of the COVID-19 pandemic.

According to Jin10, the Reserve Bank of Australia will announce its interest rate decision next Tuesday, with markets widely expecting rates to remain unchanged. The central bank remains alert to upside inflation risks, and its forward guidance will be closely watched for signals on whether the next