DXY & Forex

China's People's Bank of China conducted 151 billion yuan in 7-day reverse repo operations at a 1.40% rate today (Oct 28), with the rate unchanged from the previous operation. The central bank also conducted 1 trillion yuan in overnight reverse repos on the same day.

According to the Bangko Sentral ng Pilipinas (BSP), the Philippine peso weakened to P64.17 per U.S. dollar on October 27, extending its decline despite a sharp 50-basis-point rate hike to 5.50% the previous week. The BSP projects a $19.1 billion current-account deficit this year, equivalent to 3.8%

According to China's interbank foreign exchange market, on October 28, 2026, the yuan strengthened against the dollar to 6.7165, up 6 pips, while the euro weakened to 7.4499, down 305 pips. The Hong Kong dollar fell 0.9 pips to 0.85621, the British pound declined 252 pips to 8.9097, and the

The New Zealand dollar fell nearly 2% against the Australian dollar overnight, marking its largest single-day decline since 2017.

According to Guru Club, NZD/USD plunged 94 points to 0.5611 on October 28, after the Reserve Bank of New Zealand kept its benchmark rate unchanged at 2.75%, contrary to market expectations for a 25 basis point rate

According to CME FedWatch, the Federal Reserve is expected to hold interest rates at 3.75%–4.00% today (Oct. 28) ahead of tonight's FOMC policy announcement, with futures markets pricing in a 93.4% probability of no change. The rate hold follows the Fed's quarter-point increase in September, the

According to Yonhapinfomax, foreign investors net purchased 130,000 three-year government bond futures contracts this month, with the bulk of buying concentrated ahead of the Federal Reserve's policy decision announcement on October 29. The significant accumulation of positions by foreign investors

According to Jin10, RBA Governor Michele Bullock said on Wednesday that the central bank will assess at its next monetary policy meeting whether the four rate hikes implemented this year are sufficient to bring inflation back to target within a reasonable timeframe. Bullock testified to lawmakers th

South Korean banks are preparing internal simulations for long-term fixed-rate mortgage products, but a regulatory task force that concluded formal meetings nearly a year ago at the end of last year remains in 'working-level discussion' status without releasing policy details. The delay occurs as 16

Korea Zinc's Q3 earnings are expected to fall short of market expectations, according to analysis reported on the 28th by Yonhap Infomax. The company's operating profit for the quarter is forecast at 345.3 billion won, representing a 26.32% year-on-year increase but approximately a 41% decline

According to Gate data, USD/JPY breaks through 158.0, trading at 158.035, with a 24-hour gain of 0.3%.

SK Hynix recorded 11.6 trillion won in foreign exchange losses during the third quarter due to currency depreciation.

The USD-KRW 1-month non-deliverable forward (NDF) closed at 1,326.40 won on October 28, according to overseas brokers. This represents a 3.70 won increase from Seoul's prior close of 1,323.70 won after accounting for the recent swap point of -1.00 won. The dollar strengthened as optimism around

Foreign investors led a bond rally in the South Korean government bond market in recent months while domestic institutional investors largely stayed on the sidelines, according to bond dealers. Korean government bond yields peaked at 4.11% for 3-year bonds at the end of September, but domestic insti

According to a Reuters survey, 22 of 27 economists predict the Reserve Bank of New Zealand will raise its official cash rate by 25 basis points on October 27, citing inflation at 3.7%, above the central bank's 1–3% target. While the 25bp hike appears consensus, economists remain divided on future ti

According to Seoul Bond Market data, South Korea's 3-year government bond futures rose 2 ticks to 103.36 in overnight trading on October 27, while 10-year futures fell 10 ticks to 107.64. The moves came as U.S. Treasury yields rose broadly, with

According to Guru Club, on October 28, GBP/USD broke below 1.33, declining 0.30% intraday.

US stock markets rose for a second consecutive trading day on October 27 (local time), driven by revived investor sentiment in artificial intelligence stocks following Meta Platforms' successful stock offering and declining oil prices. Meta's $25 billion stock offering attracted over five times

Barclays strategists Marek Raczko and Leonardo Cremonini warned on October 27 that turbulence in foreign-exchange markets may persist as the U.S. dollar strengthens and interest-rate volatility rises. The strategists wrote in a report that volatility in Group-of-10 currencies will increase and

The US Dollar Index (DXY) climbed to 102.299 on October 27th, marking its highest level since October 15th, as the dollar strengthened for a third consecutive trading session. The rally was driven by renewed optimism in artificial intelligence (AI) themes that supported a technology stock rally on