DXY & Forex

According to CME FedWatch, on August 5, the probability of the Federal Reserve raising rates by 25 basis points by September stands at 58.4%, with a 41.6% probability of keeping rates unchanged. For October, the probability of a 25 basis point increase is 53.9%, while the probability of a 50 basis p

U.S. Treasury Secretary Janet Yellen said on August 4 that falling energy prices have eased concerns over excessive yen depreciation, which will help inflation decline and put the yen on a positive trajectory.

According to U.S. Treasury Secretary Scott Bessent, on Tuesday, August 4, the yen rebounded against the dollar to 157.76, but remained significantly above the 40-year low of 164 touched before the U.S. and Japan jointly intervened in the currency market last week. The dollar index, tracking the

According to Jin10, the Trump administration has paid approximately $100 billion in tariff refunds as of Tuesday (August 3), which represents 60% of the $165 billion total collected under the "Liberation Day" tariffs. U.S. customs officials reported the figure to a judge at the U.S. International Tr

South Korea's foreign exchange reserves reached $427.95 billion at the end of July, according to the Bank of Korea on the 5th. The reserves increased by $590 million compared to the end of June. The Bank of Korea attributed the increase to new foreign currency stabilization bond issuance,

On Tuesday (August 4) New York close, the offshore Chinese yuan (CNH) traded against the U.S. dollar at 6.7480, matching the July 30 closing level. The rate rose 101 pips from Monday's New York close, with intraday trading range between 6.7599 and 6.7458, approaching the July 31 high of 6.7423.

South Korea's foreign exchange reserves reached $427.95 billion in July, up from $427.36 billion in June, according to official data. The reserves increased by $590 million, or 0.14 percent, month-over-month.

According to Jin10, the U.S. Dollar Index fell 0.04% to close at 99.858 in New York trading on August 5. The euro strengthened to 1.1533 per dollar, up from 1.1514 on the previous trading day, while sterling rose to 1.3452 per dollar from 1.3431. The yen climbed to 157.66 per dollar, up from 156.74,

According to Kitco News, the Federal Reserve Bank of New York and Japanese authorities conducted a coordinated yen-buying operation on Friday, marking the first joint intervention since 1998. The U.S. dollar closed at 157.40 yen in New York, having traded above 162 before the intervention. The oper

On Tuesday (August 4) at New York close, the U.S. 10-year Treasury yield fell 5.08 basis points to 4.6248%, after peaking at 4.7083% earlier in the session. The decline extends a two-day pullback following the July 31 high

According to ICE, the U.S. Dollar Index fell 0.01% to 99.883 on Tuesday (August 4) in New York late trading, with intraday range of 100.058-99.828. The Dollar strengthened 0.38% against the Japanese Yen to 157.78, stabilizing after four consecutive trading days of decline, according to Bloomberg

The US Labor Department is scheduled to release July Non-Farm Payroll (NFP) data on August 7 at 9:30 PM Korean time (8:30 AM US Eastern time) amid heightened market concerns over yen carry trade unwinding. On July 31, the Japanese government, Bank of Japan (BOJ), and US Treasury jointly intervened i

According to reports, the U.S. non-farm payroll (NFP) data is scheduled to be released on August 7 at 8:30 AM ET (9:30 PM Korea time), amid mounting concerns over yen carry trade unwinding. Japan's government and central bank, along with the U.S. Treasury, intervened in foreign exchange markets on J

Onshore yuan (CNY) climbed to 6.7510 against the US dollar on August 4 early trading (Beijing time 03:00), gaining 50 pips from Monday's night session close. Trading volume reached 42.373 billion dollars.

Wells Fargo plans to introduce tokenized deposits for select corporate and commercial clients later this year, beginning with round-the-clock transactions between the U.S. dollar and British pound on its proprietary blockchain. The bank aims to provide 24-hour settlement capability including

A coalition of US states including Oregon, New York, and California filed a lawsuit against the Trump administration over Section 301 tariffs imposed on imports from roughly 60 economies, with levies taking effect last month. The states argue the tariffs are arbitrary, exceed statutory limits, and u

Wells Fargo plans to launch tokenized deposits for corporate and commercial clients later this year, beginning with 24-hour USD-GBP transactions on its proprietary blockchain. The initial service will expand to additional clients, countries and currencies throughout 2027. Tokenized deposits are

The USD/JPY exchange rate rose 0.644 yen (0.410%) to 157.597 yen as of 10:47 AM ET on the 4th, according to Yonhap Infomax, as bargain buyers entered following the currency pair's recent sharp decline. The pair had plunged to 155.220 yen the previous day before recovering to close at 157.143 yen. US

According to Yuonhap Infomax, the USD/JPY exchange rate rebounded to 157.597 yen on August 4 at 10:47 AM ET, up 0.644 yen or 0.410% from the previous close. The pair had plunged to 155.220 yen the previous day before recovering as low-price buying interest emerged. U.S. Treasury Secretary Scott