DXY & Forex

According to ChainCatcher, Wells Fargo plans to launch tokenized deposits in fall 2026, initially supporting USD and GBP transactions for select corporate and commercial clients. The tokenized deposits will remain bank liabilities but enable continuous blockchain-based transfers, programmable

According to a New York Federal Reserve consumer expectations survey released on Friday (August 7), U.S. consumers showed improved confidence in finding new employment in July, while short-term inflation expectations declined slightly. The survey found that respondents assessed a 46.2% average

According to the Financial Investment Association, money market funds (MMF) in South Korea received 27.7 trillion won in inflows during July, marking a significant surge. The single-month inflow is five times the average monthly inflow for the first half of 2026, reflecting growing demand from

According to Annex Wealth Management chief economist Brian Jacobsen and other Wall Street analysts, U.S. non-farm payrolls fell unexpectedly by 23,000 in July, with June gains revised down sharply to 20,000 from 57,000, while unemployment declined to 4.1% from 4.2%. Futures markets lowered the

According to the U.S. Bureau of Labor Statistics, nonfarm payrolls unexpectedly declined by 23,000 on August 7, revealing a cooling labor market. The surprise decline eased investor concerns about potential Federal Reserve interest rate hikes, with markets pricing in a higher probability of a

Wells Fargo chief economist Tom Porcelli expects the Federal Reserve to hold its benchmark rate at 3.50% to 3.75% through 2026, challenging a hawkish turn across Wall Street where several major banks now

According to Wells Fargo chief economist Tom Porcelli in a CNBC interview, he opposes market expectations for Federal Reserve rate hikes in 2026, expecting the central bank to hold rates through the year. Porcelli argued that current inflation stems from tariffs and energy—both supply shocks the Fed

According to the U.S. Bureau of Labor Statistics, on Friday August 7, the yen surged against the dollar after July nonfarm payrolls unexpectedly fell by 23,000 people versus economists' forecast of 80,000 job gains. USD/JPY dropped 1.1% to 157.16 yen before paring losses, moving sharply away from Ju

According to Everbright Securities research report, in July, U.S. nonfarm employment unexpectedly declined by 23,000, falling short of expectations of 80,000 gains. The unemployment rate fell to 4.1% against expectations of 4.2%, despite the drop in payrolls. Prior months were revised down by a

The won-dollar exchange rate dropped to the 1410 won range after surging to 1560 won two months prior, driven primarily by SK Hynix's American Depositary Receipt (ADR) issuance that brought approximately 26.5 billion dollars into South Korea. The decline eased currency exchange burdens for Korean

According to MBN, SK Hynix's ADR issuance on the Nasdaq brought 26.5 billion dollars into South Korea last month, strengthening the Korean won to 1,410 per dollar, down sharply from 1,560 several weeks earlier. Personal dollar exchange volume surged 70% compared to the previous month as travelers

US and Japanese authorities conducted coordinated foreign exchange market intervention to support the yen on dates 30-31 of last month, marking the first such joint action since 1998. Japan intervened with an estimated 6 trillion to 8.5 trillion yen on day 30 alone, while the US Treasury

According to iM Securities, the U.S. Treasury and Japan undertook coordinated foreign exchange market intervention on July 30-31 to support the yen. Japan's single-day intervention on July 30 reached approximately 6 to 8.5 trillion yen, while the U.S. Treasury engaged in approximately 5 to 10

According to BlockBeats, the U.S. July nonfarm employment report published on August 8 shocked markets, showing payrolls declined by 23,000 jobs against expectations for 80,000 new positions. Combined with downward revisions of 106,300 jobs in May and June, the weak data rekindled concerns about

According to Morgan Stanley economists Seth Carpenter and Michael Gapen, the bank's baseline forecast predicts the Federal Reserve will reduce its balance sheet by approximately $1.5 trillion over the next two years, with reductions potentially beginning in the first quarter of 2027. The economists

According to Alberto Musalem, president of the Federal Reserve Bank of St. Louis, the central bank should not tolerate elevated inflation to pursue future AI-driven productivity gains. Speaking on July 5, Musalem backed a 25 basis point rate increase, arguing that monetary policy's primary task is t

According to U.S. labor data released August 7, the U.S. dollar fell to 1,408.50 Korean won on the morning of August 8, down 7.60 won from the previous Seoul market close of 1,416.10 won, marking the lowest level since October 2, 2024. July non-farm payrolls declined by 23,000, significantly

Korea Investment & Securities analyst Ahn Jae-kyun stated on the 8th that the Bank of Korea's monetary policy is focused on stabilizing prices through lowering inflation expectations, despite reduced likelihood of consecutive August rate hikes due to recent oil price and exchange rate stability

South Korean government bond futures rose during night trading after US non-farm payrolls unexpectedly declined in July. The 3-year Korea Treasury Bond (KTB) futures closed at 103.44, up 5 ticks from the previous day's regular session close, while 10-year KTB futures gained 29 ticks to finish at 106

According to Yonhap Infomax, South Korea's government bond futures rose overnight on August 8 after U.S. non-farm payrolls unexpectedly fell by 23,000 in July, the U.S. Labor Department reported. Markets had anticipated 80,000 jobs to be added. The 10-year contract closed at 106.63, up 29 ticks