DXY & Forex

According to Korea Investment & Securities on August 8, South Korea's central bank is expected to increase interest rates by 25 basis points during its August monetary policy committee meeting and maintain a hawkish stance to stabilize

The US dollar weakened on 7일 오후 4시 (US Eastern Time), with USD-JPY falling 0.840 yen (0.530%) to 157.562 yen. July nonfarm payrolls decreased by 23,000, missing forecasts of an 80,000 increase. Japanese Finance Minister Katayama Satsuki told NHK Japan is ready to intervene in FX markets "without

According to Yonhapinfomax, the U.S. dollar weakened on August 7 as disappointing employment data and retreating expectations for Federal Reserve rate hikes pressured the currency. The dollar-yen exchange rate fell to 157.562 yen from 158.402 yen at the previous close, a decline of 0.840 yen (0.53%)

On Friday (Aug 7), South African rand surged 1.34% against the US dollar intraday and gained 2.32% for the week, boosted by the U.S. non-farm payroll report released at 8:30 PM Beijing time. Among other major currency pairs, Australian dollar rose 0.50% daily and 0.68% weekly, while British pound

According to Morgan Stanley, the bank's forex strategists turned bearish on the yen on Friday, citing the fading effects of recent U.S.-Japan currency intervention. The strategists noted that joint efforts by American and Japanese authorities to support the yen provided only temporary support and fa

Morgan Stanley's FX strategists turned bearish on the yen on Friday, citing short-lived effects from recent U.S.-Japan authorities' intervention efforts. David Adams, Andrew Watrous, and Molly Nickolin noted that while joint

According to MUFG, the bank's analysts recommend going long Australian dollar against the Japanese yen as effects from market intervention fade and traders reduce bets on U.S. Federal Reserve rate hikes, improving carry trade conditions. "We expect AUD/JPY to continue recovering from declines

According to Morgan Stanley economists Seth Carpenter and Michael Gapen, the bank's base case scenario projects the Federal Reserve will reduce its balance sheet by approximately $1.5 trillion over the next two years, with the earliest start date in the first quarter of 2027. The reasonable range

On August 7, U.S. 2-year Treasury yield fell 5.02 basis points to 4.1952%, marking a weekly decline of 9.59 basis points. The 10-year benchmark yield dropped 3.24 basis points to 4.6454%, with a weekly retreat of 8.93 basis points. Both yields spiked downward following the release of the U.S.

Canada added 75,000 jobs in July, about five times the 15,000 forecast, while the US economy shed 23,000 positions. Statistics Canada reported unemployment at 6.4% on Friday, a two-year low, while US payrolls missed forecasts by more than 100,000 positions after steep revisions. The employment

According to Statistics Canada, Canada added 75,000 jobs in July against forecasts of roughly 15,000, while U.S. payrolls declined by 23,000 during the same month, missing economist expectations by over 100,000 when including prior revisions. Canadian unemployment fell to 6.4%, a two-year low,

On Friday (Aug 7) New York close, offshore Chinese yuan (CNH) rose to 6.7429 against the U.S. dollar, up 47 pips from Thursday close. The currency gained 0.13% for the week, trading between 6.75 and 6.7401 during the session. The move tested key technical levels including resistance at 6.7377

According to CFTC data, during the week of August 4, hedge funds halved their Japanese yen short positions following intervention by Japanese authorities and the Trump administration. Leverage funds pushed their net long Mexican peso positions to the highest level since

According to CFTC data, as of the week ending August 4, speculators reduced net short positions in CBOT U.S. Treasury futures by 41,225 contracts to 176,272 contracts. In related moves, they cut 2-year Treasury futures net short positions by 120,346 contracts to 1,004,228 contracts, while

On Friday, August 7, USD/JPY fell 0.56% to 157.55 during New York close following the U.S. non-farm payroll report, with the weekly gain at 0.08% and trading range between 155.23-158.57. EUR/JPY declined 0.18% (up 0.40% weekly), while GBP/JPY dropped 0.20% (up 0.26% weekly).

On Friday, August 7, the ICE Dollar Index fell 0.41% to 99.524, according to New York market data. The index held near 99.9 before the U.S. non-farm employment report at 20:30 Beijing time, then dropped sharply following the release, hitting an intraday low of 99.403 at 20:49 before stabilizing at l

Onshore CNY (Chinese yuan) rose 61 pips overnight to close at 6.7456 per USD at 03:00 Beijing time on August 7. Trading volume reached $23.054 billion.

According to eToro, the company restored outbound eToro Money payments across the European Union, United Kingdom and Australia on Friday after temporarily halting the service for more than five hours. The broker first reported the incident at 08:41 UTC on August 7, saying it had temporarily

The U.S. Treasury Department adjusted the language in its latest quarterly debt issuance policy statement, changing "potential future increases" to "potential future adjustments" regarding coupon-bearing securities auctions. The shift has prompted bond traders to speculate that officials may

According to PNC's head of rates research Isfar Munir, Japan's Ministry of Finance is unlikely to sell even mid-term U.S. Treasuries to fund currency intervention if needed, limiting impact on long-term bond yields. Although 30-year U.S. Treasury sales occurred last week during the yen intervention