DXY & Forex

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

According to Jin10, on August 4, Japan's Economic Minister Shoji Shiroi downplayed inflation pressures from Middle East conflicts, stating that cost transmission to consumer prices remains limited. Shiroi noted that June's consumer price index (CPI) rose 1.7% year-over-year, indicating a modest

Indonesian Finance Minister signaled the possibility of extending the period for government funds held at state-owned banks until next year, according to an official statement.

According to Japan's Chief Cabinet Secretary Shiroe Jouchi, the government and Bank of Japan jointly forecast that consumer inflation will accelerate in the second half of 2026, followed by a slowdown.

According to Jin10 Futures, the CFETS-NEX yuan funding sentiment index reported 47 at 10:15 on August 4, down 1 point from 08:45. The index, which measures liquidity tightness on a 0-100 scale with 50 as equilibrium and readings above 50 indicating tight funding conditions, showed declines across al

According to Japan's Minister of Economy, Finance and Fiscal Policy Shirouchi Minoru, the country's overall CPI in June demonstrated modest year-on-year price growth.

According to Odaily, on August 4, the U.S. dollar strengthened against the Japanese yen, with USD/JPY climbing 0.24% to 157.513, according to the latest data from Gate. In commodities, gold prices fell to $4,049.09 per ounce, declining 0.06% intraday, while WTI crude oil rose 1.44% to $81.52 per

According to Jin10, China's central bank achieved a net withdrawal of 539 billion yuan through open market operations on August 4. The PBOC conducted 46.5 billion yuan of 7-day reverse repos, while 305.5 billion yuan of 7-day reverse repos and 300 billion yuan of overnight reverse repos matured on t

According to the People's Bank of China, the central bank conducted a 46.5 billion CNY 7-day reverse repurchase operation today (August 4). The bid amount and settlement amount both totaled 46.5 billion CNY, with the operation rate set at 1.40%, unchanged from the previous operation.