DXY & Forex

Economist Peter Schiff said in a post on X on Aug. 2 that the U.S. credit card delinquency rate (the share of credit card balances overdue by more than 60 days) has risen to the highest level since the 2008 financial crisis, citing U.S. Federal Reserve data. This contrasts with claims by the Trump administration that the U.S. economy is booming at an unprecedented pace, as optimistic pricing for risk assets such as stocks faces signals of stress. Current situation of the credit card serious deli

KB Kookmin Bank and Sangsangin Securities issued divergent forecasts on the USD-KRW exchange rate following a sharp one-month decline. Between July 1 and July 30, the USD-KRW rate fell over 140 won, dropping from an intraday high of 1,559.20 won

According to Yonhapinfomax, the USD-KRW exchange rate fell over 140 won within one month, dropping from a June peak of 1,561.50 won to 1,418 won on July 30. KB Kook Min Bank forecasts the pair will remain in a downside bias range of 1,400–1,460 won in August, with potential support at the 1,400

The Korean won-to-dollar exchange rate fell an average of 39.1 won in July, declining nearly 40 won in a month. On a month-end basis, the won weakened 125 won. The decline was driven by reduced selling pressure from foreign investors' rebalancing activities in domestic stocks and increased

Vietnam's trade deficit in July widened to $35.9 billion from $26.44 billion in June, according to official data. The deterioration reflects a decline of approximately $9.46 billion month-over-month.

The 30-year U.S. Treasury yield surged above 5.2% on July 29, hitting a nearly 19-year high since July 2007. The 10-year yield also climbed above 4.5%—the highest since June 2025—weighing on both Bitcoin and U.S. equities. Key data on U.S. Treasury yields: 30-year breaks 5.2% Based on market data, the 30-year U.S. Treasury yield jumped above 5.2% on July 29, 2026, the highest level since July 2007 and the highest in nearly 19 years. The 10-year yield rose in tandem above 4.5%, the highest since

According to Mark Zandi, chief economist at Moody's Analytics, the Federal Reserve's opaque policy communication poses a new threat to the U.S. economy, as stated on August 2 via X. Zandi highlighted that the Fed is failing to provide forward guidance or a clear policy reaction framework, which

According to Barclays economist on August 3, the Bank of Korea is expected to pause consecutive interest rate increases in August amid sharp KOSPI market correction. The decline, driven by concerns over AI investment profitability returns, has prompted the central bank to reassess medium-term

According to Jin10, the People's Bank of China conducted 63 billion yuan in 7-day reverse repos and 300 billion yuan in overnight reverse repos on August 3. After accounting for 325.5 billion yuan in maturing 7-day repos and 600 billion yuan in overnight repos, the central bank achieved a net

According to traders, hedge funds sold USD/JPY on Monday (August 4) following comments from U.S. Treasury Secretary Bessent, who indicated the U.S. would not hesitate to conduct further yen interventions. Japan's Finance Minister Katayama Sakatsuki reiterated that the U.S. had previously stated the

China's central bank conducted 6.3 billion yuan in 7-day reverse repos today (August 3) at 1.40% interest rate, and 300 billion yuan in overnight reverse repos. With 925.5 billion yuan in existing reverse repos maturing today, the operations resulted in a net liquidity withdrawal of 562.5 billion yu

China's central bank, the People's Bank of China (PBOC), conducted a 63 billion yuan 7-day reverse repurchase agreement operation today (August 3). The operation received bids totaling 63 billion yuan and achieved full subscription at an operation rate of 1.40%.

According to China's Interbank Foreign Exchange Market, the USD/CNY midpoint rate reached 6.7898 on August 3, up 4 points (CNY depreciation). EUR/CNY rose 182 points to 7.8068, while JPY/CNY jumped 695 points to 4.2898. GBP/CNY climbed 245 points to 9.1227, and AUD/CNY gained 167 points to 4.7608.

Seoul Foreign Exchange Market Council held a discussion on December 30 at Royal Hotel Seoul to establish new trading practices ahead of the January 2026 introduction of Time-Weighted Average Price (TWAP) for dollar-won exchange rates. The meeting gathered FX traders from domestic

According to the Seoul Foreign Exchange Market Operating Committee (SFEMOC), market participants held a discussion on August 3 to establish new trading practices for the time-weighted average rate (TWAP) system ahead of its January 1, 2027 launch. The new TWAP, based on 4 p.m. pricing, will

According to interbank market data, China's benchmark government bond yields fell across the board during early trading on August 3. The 30-year ultra-long special government bond yield declined 1 basis point to 2.1750%, while the 10-year government bond yield dropped 0.3 basis point to 1.6980%,

According to Jin10, the CFETS-NEX RMB funding sentiment index rose to 51 as of 08:45 on August 3, up 2 points from 16:00 yesterday. Large banks, mid-size banks, and non-bank institutions reported indices of 50, 52, and 50 respectively, each up 2 points. On a scale of 0 to 100, 50 indicates

South Korea's government announced on August 3rd the reform of the Korea Investment Corporation (KIC) into a comprehensive sovereign wealth fund capable of domestic strategic investment, with emphasis on strengthening independence. The reform establishes a separate strategic investment account

According to the South Korean government on August 3, Korea Investment Corporation (KIC) will be restructured from a savings-focused fund into a comprehensive sovereign wealth fund with enhanced independence for strategic domestic

According to Yonhap Infomax, South Korea's benchmark KOSPI index surged 1,001.89 points to 6,595.45 today, while the KOSDAQ rose 74.98 points to 719.76. In the U.S., major indices also advanced, with the Dow Jones climbing 276.97 points to 52,485.03, the S&P 500 gaining 52.09 points to 7,489.72,