DXY & Forex

According to Jin10, on August 4, the Bank of Japan said accelerating core inflation and underlying economic changes may be behind recent increases in long-term interest rates. In a report, the central bank noted that as it continues reducing Japanese government bond purchases, market functioning in

According to Jin10, four large options orders on EUR/USD and USD/JPY currency pairs, each worth over $1 billion per strike price, will expire at 22:00 Beijing time on August 4. Market participants are advised to manage risk exposure

According to Jin10 Futures, the CNEX liquidity sentiment index reported 46 as of 14:30 on August 4, down 1 point from 10:15. Among major banks, mid-sized banks, and non-bank institutions, sentiment indices stood at 45, 47, and 45 respectively, each down 1 point. (Scale: 0–100, with 50 as neutral;

Bank of Korea analysis shows offshore Non-Deliverable Forward (NDF) trading accounted for approximately one-third of the won/dollar exchange rate surge in March. According to a BOK blog post published on the 4th titled 'How Much Does NDF Affect the Won/Dollar Exchange Rate?', NDF net purchases

According to an analysis published by the Bank of Korea on August 4, non-deliverable forward (NDF) contracts accounted for approximately one-third of the Korean won's sharp appreciation against the U.S. dollar in March 2026. The central bank found that NDF net purchases contributed around 26 won to

Japan's Ministry of Finance conducted a 10-year government bond auction on the 4th that showed weakened investor demand, with the bid-to-cover ratio falling to 2.56 times, below both the prior auction's 3.13 times and the recent 12-month average of 3.3 times. Investor caution stems from

According to Yonhap Infomax, the Japan Ministry of Finance held a 10-year government bond auction on August 4, with a bidding-to-allotted ratio of 2.56 times, falling below both the prior auction's 3.13 times and the 12-month average of 3.3 times. The tail, the spread between average and minimum all

On August 4, Federal Reserve Vice Chair Michael S. Williams expressed optimism that inflation pressures would gradually ease, adding that the Fed would take action if inflation fails to return to its 2% target as expected. Meanwhile, Bank of Japan account data indicated Japan likely spent

According to U.S. Treasury Secretary Scott Beesent and Japan's Finance Minister Katayama Satsuki, the U.S. and Japan jointly intervened in the forex market on July 31 to support the yen, which weakened from near 164 to 155.23 yen against the dollar overnight. Both officials reaffirmed their

The U.S. Dollar Index climbed to 100.01 today, gaining 0.05% intraday.

The U.S. Treasury carried out one of the largest coordinated interventions in decades on July 31, with the U.S. estimated to have deployed $50k to $10 billion; as of August 4, USD/JPY remained near 157.7. QCP Capital analyzed that the intervention mainly affected the cryptocurrency market through the unwinding of yen carry trades: the yen’s rapid appreciation forced the deleveraging of risk-asset positions financed in yen, potentially triggering cascading selling pressure. Background of the Japa

According to State Street market executive Choi Ji-wook on August 4, the Bank of Korea's August interest rate decision remains uncertain, with market consensus favoring a hold in August followed by a 25 basis point increase in October. However, consecutive rate hikes are being considered as an

According to market data, most CNH HIBOR (offshore yuan Hong Kong interbank offered rates) rates declined on Tuesday, with the one-year HIBOR falling to 1.70273%, temporarily retreating from two-week highs. Overnight HIBOR dropped 5 basis points to 1.25273%, while the one-week rate edged down to 1.4

According to Japanese Finance Minister Katayama Shigetsugu, on August 4, he declined to provide further comments on joint U.S.-Japan currency intervention efforts.

According to Yonhapinfomax, the dollar-won exchange rate fell to 1,422.70 won as of 10:07 a.m. on Aug 4, down 7.10 won from the previous session's close of 1,429.80 won. The decline followed a sharp reversal after the KOSPI index dropped 2.7% amid institutional selling pressure, dragging the

According to Nigel Green, CEO of deVere Group, the United States and Japan jointly intervened in foreign exchange markets on August 3 for the first time in 15 years, signaling underlying stress in the global financial system rather than a simple currency issue. Green stated in a report that the inte

Japan's Nikkei 225 fell 0.6% on Tuesday following a coordinated US-Japan currency intervention to support the yen, while Kioxia Holdings posted disappointing earnings guidance. Tokyo and Washington confirmed their first joint yen-buying operation in decades, with Finance Minister Satsuki Katayama an

According to BlockBeats, U.S. Treasury Secretary Blythe Masters on August 4 publicly urged the Federal Reserve to expand the Foreign and International Monetary Authorities (FIMA) Repo Facility to support currency stabilization efforts, particularly as the U.S. participates in Japanese yen