DXY & Forex

According to Jin10, four large forex option positions in major pairs including EUR/USD, USD/JPY, GBP/USD, and AUD/USD, each worth over 1 billion USD, are set to expire at 22:00 Beijing time on August 3.

According to Jin10, on August 3 at 14:30, the CFETS-NEX broad market yuan funding sentiment index reported 47, down 3 points from the 10:15 reading. By category, large banks reported 46, mid-size and small banks 48, and non-bank institutions 46, each declining 3 points. The index uses a 0-100

Switzerland's consumer price index declined 0.1% month-over-month in July, matching expectations and showing a slight deflation versus the prior month's 0.0% reading.

According to reports, Japan spent approximately $53 billion on currency intervention last Thursday (July 31), marking what is likely a single-day record. This represents the first joint US-Japan action to support the yen in 15 years. Both countries warned they will not hesitate to intervene again. T

The Philippine peso strengthened to 60.948 against the U.S. dollar recently, marking its highest level since June 24.

South Korea's five major banks saw household loans surge by over 4 trillion won last month, reaching 778.9791 trillion won at month-end compared to 774.9608 trillion won at the end of June. The increase was driven by mortgage loans recording their largest monthly growth in 11 months and credit loans

According to South Korea's financial regulators, the five major banks' household loan balance reached 778.98 trillion won as of end of July, up 4.018 trillion won from June. Housing mortgage loans drove the increase, rising 2.7955 trillion won and representing 69.5% of total household loan growth—th

German retail sales fell 1.1% month-over-month in June, coming in worse than the forecast of -0.4%, according to official data. This compared with a 1.1% rise in the prior month.

According to The New York Times, Fed Chair Jerome Powell proposed reducing the frequency of regular policy meetings this week (August 1). The Fed has held 8 annual policy meetings since 1981. The proposal remains in discussion phase and is not yet a formal proposal.

According to Yonhap Infomax, South Korea's inter-bank offered rates (KORIBOR) were announced on August 3. The 1-month KORIBOR stood at 2.83%, up 0.01 percentage point from the previous day, while the 12-month rate reached 3.66%, down 0.01 percentage point. Other key periods included 2-month at 2.89%

According to Securities Times, Hong Kong Exchanges and Clearing (HKEX) launched 5-year RMB government bond futures on August 3. The product is the only government bond futures contract in the offshore market, designed to meet growing demand from offshore investors for interest rate risk management a

Veteran Wall Street investor Jim Bianco warned on the 2nd local time that artificial intervention by the Federal Reserve or Treasury Department to lower Treasury yields could backfire and push rates higher instead. Bianco stated via X that inflation is currently unsettling markets, and any policy

Foreign investors net sold 283 billion won in South Korean government bonds on July 31, a sharp departure from typical month-end patterns when World Government Bond Index (WGBI) inflows drive purchases exceeding 2 trillion won. The reduced buying intensity follows statements by Japanese Finance

According to Jin10 and sources, the U.S. Treasury Department likely used euros instead of dollars to fund its yen intervention on Friday (August 3), Reuters reported. The New York Federal Reserve Bank requested at least two major U.S. banks to check yen-to-euro exchange rates, according to two

According to Yonhap Infomax, veteran Wall Street investor Jim Bianco warned on August 2 that artificial Federal Reserve or Treasury intervention to lower U.S. Treasury yields would paradoxically push rates higher. Bianco said via X that policies aimed at suppressing rates risk being perceived as

According to Grayscale, the U.S. Dollar Index traded at 99.73 today, declining 0.05% during the session.

Reuters, citing two officials, said Japan could officially announce a joint currency-rate action with the United States on August 3, and the action is still ongoing. Finance Minister Satsuki Katayama is expected to make a statement, and Atsushi Mimura, the chief foreign-exchange policy adviser to the Ministry of Finance, said the ministry is closely coordinating with and operating alongside the monetary-policy divisions. Bitcoin trades near $63,000, and yen volatility could spill over into risk

SK Hynix reduced its credit market investment to approximately 1 trillion won last week, marking a notable decline from its previous weekly investment scale of around 3 trillion won in credit instruments alone, according to bond industry sources. Market participants attribute the reduction to

FED Chair Kevin Warsh is reportedly considering cutting the number of FOMC meetings held each year (the current pace has been maintained at 8 meetings per year since 1981). He has asked FED officials to submit input. The related adjustment could be confirmed as early as before the September 15–16 meeting; the new rules are most likely to take effect in 2027. The remaining meetings in 2026 will still be held according to the established schedule. Warsh Looks to Cut Planned Annual FOMC Meetings: C