DXY & Forex

U.S. Treasury Secretary Bessent recently assured European counterparts that a shift from euro to yen in the country's reserve assets is a routine reallocation, according to official statements. The move aims to rebalance the composition of foreign exchange reserves held by the Federal

According to BlackRock Investment Institute on August 4, the firm warned that U.S. long-term Treasury yields will continue rising even if the Federal Reserve holds interest rates steady. Wei Li, BlackRock's chief investment strategist, stated that policy uncertainty during Fed Chair Waller's

Federal Reserve Chair Kevin Warsh announced a strategy to reveal less about the Fed's reaction function at a press conference last week. The reaction function describes how the central bank connects economic data and news to policy decisions. Warsh wants financial markets to evaluate the economy

MEX Exchange, the institutional electronic trading platform developed by MultiBank Group, appointed Vibhanshu Bahuguna as Senior Director to expand the company's institutional foreign exchange business. The appointment adds another experienced executive to a leadership team assembled to push MultiBa

Federal Reserve Chair Kevin Warsh, at last week's press conference, signaled a shift toward less transparency about the Fed's policy "reaction function"—how the central bank connects economic data to policy decisions. The strategy sparked immediate market concerns: long-term bond yields rose,

MEX Exchange, the institutional electronic trading platform being developed by MultiBank Group, has recently appointed Vibhanshu Bahuguna as Senior Director. Bahuguna brings over 20 years of experience in institutional electronic trading, with a career spanning execution

According to Nikkei and Bloomberg, Japan's Ministry of Finance held a 10-year bond auction on August 4 that recorded the weakest demand in over a year. The bid-to-cover ratio fell to 2.56x, the lowest since May 2025, while the highest accepted yield reached 2.9%, marking a 30-year high since 1996. T

South Korea's core inflation, which reflects underlying price trend, rose to its largest gain in 27 months in July, according to official data. This came even as consumer and living prices fell to 2 percent levels for the first time in three months. The Bank of Korea faces a complex rate decision at

According to IB industry sources, SK Hynix shifted its bond market strategy on August 4, expanding investments beyond 1-year government and bank bonds to include 3-year corporate debt issued by card and securities companies. The semiconductor company has emerged as a major player in South Korea's bo

According to Bank of Japan data, the central bank likely did not intervene in the foreign exchange market on Monday (August 3).

KB Securities analysts identified the US Treasury's August bond plan as key to semiconductor stocks in their second-half 2026 outlook. Min Jae-ki, Yu Young-hwa, and Park Gun-hee stated during a recent seminar that if long-term bond issuance increases, rising interest rates could burden growth stocks

Vietnamese prosecutors have charged 188 defendants in a $59.5 million forex fraud case involving fake MetaTrader platforms. The indictment alleges a criminal organization stole 1.56 trillion Vietnamese dong from 920 investors using 36 fraudulent websites that imitated legitimate brokers. The

Japanese stocks closed higher on the trading day, with the Nikkei 225 rising 202.63 points (0.32%) to 63,957.53 and the TOPIX gaining 1.75 points (0.04%) to 3,961.78, according to Yonhap Infomax World Stock Index. The late-session rebound occurred despite earlier pressure from yen strength

According to the People's Bank of China, the central bank will conduct a 500 billion yuan outright reverse repurchase operation on August 5, 2026. The operation will be settled at fixed quantity and multiple price tiers, with a maturity of three months (92 days). The bonds are set to expire on

According to the People's Procuracy of Hanoi, Vietnamese prosecutors have charged 188 defendants in connection with a forex fraud operation that defrauded approximately 920 investors of 1.56 trillion Vietnamese dong, equivalent to around $59.5 million, using counterfeit

The Federal Reserve's July 29 decision exposed internal division as three officials voted to raise interest rates, while the Institute for Supply Management reported U.S. Manufacturing PMI rose to 55.6 in July—the strongest reading since May 2022 and above the 54.0 forecast. The manufacturing

According to Jin10, Federal Reserve official Williams said on August 4 that inflation is expected to moderate, adding the Fed will take action if the forecast does not materialize. In the broader market, China's long-end bond yields narrowed during July, with intermediate and long-term bond funds

According to Seoul Economic, the Korean won-to-US dollar exchange rate closed at 1,432.5 won on August 4, up 2.7 won from the previous day's close, after hitting an intraday low of 1,421 won earlier in the session. Middle East geopolitical risk easing and crude oil prices declining over 4%

Bank of Korea Monetary Policy Committee members stressed the need to evaluate the advantages and disadvantages of preemptive versus gradual interest rate increases when determining the base rate, according to meeting minutes released last month. The emphasis came amid significant uncertainties