DXY & Forex

Japan's retail sales dropped 4.1% month-over-month in June, falling short of the expected decline of 1.6% and reversing the previous month's growth of 1.9%.

Japan's industrial output surged 4.2% year-over-year in June, beating the 3.2% forecast and recovering from a 2.1% decline in May.

Japan's retail sales rose 0.5% year-over-year in June, falling well short of the 3.10% forecast. The prior month's figure was also revised downward to 5.00% from the initially reported 5.30%.

Japan's industrial production increased 1.3% month-over-month in June, according to the preliminary reading, exceeding the expected 1.0% and improving from 0.1% in the prior month.

The USD-KRW exchange rate plunged on July 31 following coordinated intervention by US and Japanese authorities in the yen market. As of 6 AM in the foreign exchange market, the USD-KRW rate traded at 1,418.00 won,

Korean government bond futures rose in overnight trading on the 31st as the upward trend in US long-term interest rates eased. The 3-year government bond futures closed at 103.10, up 8 ticks from the previous day's regular trading close, while the 10-year futures closed at 105.80, up 42 ticks.

According to Yonhapinfomax, the USD/KRW exchange rate fell sharply to 1,418.00 won as of 6 a.m. on July 31, down 19.40 won from the previous trading day's close of 1,437.40 won. The decline followed coordinated central bank intervention by the U.S. and Japan. USD/JPY plummeted from around 163 yen to

According to JPMorgan strategist Junya Tanase, Japan's cumulative forex interventions have exceeded 15 trillion yen ($9.4 billion) from 2024 levels ahead of the Bank of Japan's policy decision on July 31. If foreign exchange reserves continue to decline, further intervention may become constrained d

According to Jin10, Japan's Tokyo consumer price index (CPI) reached its fastest increase since December 2025 in June.

USD/JPY broke above 160 intraday on July 30, gaining 0.33% during the session.

Japan's Tokyo unadjusted CPI month-on-month rose to 0.4% in July, compared with 0% in the prior month.

Tokyo's core consumer price index (excluding fresh food and energy) rose 2 percent year-over-year in July, matching the forecast and marking a 0.1 percentage point increase from 1.9 percent in June.

According to Jin10 Futures, copper prices on the London Metal Exchange rose 2.9% to $6.49 per pound on Thursday, July 31, reaching their highest level in a week. The increase was driven by a weaker U.S. dollar following the Federal Reserve's decision to hold interest rates steady and moderating

Japan's job-to-applicant ratio rose to 1.18 in June, according to official labor statistics, exceeding economists' forecast of 1.17 and matching the previous month's level of 1.17. The ratio indicates the number of job openings per job seeker in the country's labor

Japan's Tokyo consumer price index (CPI) rose to an annual rate of 2% in July, exceeding expectations of 1.80% and up from 1.70% in the previous month.

Japan's unemployment rate came in at 2.5% in June, matching the forecast of 2.50% and holding steady from the previous month's reading of 2.50%.

Japan's July Tokyo core consumer price index came in at 1.9% year-over-year, exceeding the forecast of 1.8% and rising from 1.6% in the previous month.

According to Rinto Maruyama, senior FX and rates strategist at SMBC Nikko Securities, Japan appears to have intervened in the currency market, likely driven by a sharp rise in long-term and ultra-long-term government bond yields in both Japan and the United States. Maruyama noted that the

According to Yonhap Infomax, on July 30, the US dollar plunged against the Japanese yen to 159.347, falling from 163.513 the previous day, marking a decline of 4.166 yen (2.548%). The dollar-yen pair dropped sharply from around 163 yen in early New York trading to near 159.8 yen, falling below 160 y

According to Jin10, South Korea's foreign exchange authorities conducted a rare dollar-selling intervention on Thursday (July 31).