DXY & Forex

JPMorgan Chase advanced its forecast for the next Federal Reserve rate hike to December 2026, moving it up from the previously expected second half of 2027. The bank forecasted that policy rates would then remain in the 3.75%-4.0% range, while noting that a September hike poses a risk if inflation r

According to Yonhapinfomax, Korean retail investors returned to buying U.S. stocks and bonds in July, with stock purchases reaching a 6-month high and bond purchases hitting an 11-month high. The surge was driven by concentrated demand for leveraged U.S. tech ETFs, with Nasdaq-100 3x leverage ETF (S

According to JPMorgan Chase on August 3, the U.S. Treasury Department has limited liquidity resources to coordinate further currency intervention with Japan. As of June, the Treasury's Exchange Stabilization Fund held approximately $13 billion in euro-denominated assets and $25.5 billion in U.S.

China's central bank will have 1.842 trillion yuan in short-term reverse repurchase agreements expiring this week (Aug 3-7, 2026). Additionally, 300 billion yuan in 3-month reverse repos are due to mature on Wednesday. The central bank previously announced it will conduct 300 billion yuan in

Japan's Finance Minister Koyuki Katayama stated on August 2 that Japan is closely monitoring currency market developments. The remark reflects ongoing attention to foreign exchange dynamics amid evolving global economic

According to Jin10, multiple key economic data releases are scheduled for this week. On Monday, China's July manufacturing PMI and U.S. June construction spending will be released. Tuesday will see U.S. June trade balance and JOLTS job openings data, followed by SpaceX's earnings report after

According to Yonhap Infomax CP and short-term bond issuance statistics, 25 South Korean securities companies issued a combined 10.26 trillion won ($7.6 billion) in commercial paper (CP) and short-term bonds during the week ended July 31. Mirae Asset Securities led issuers with 2.12 trillion won,

According to Shinhan PWM advisor Lee Hyung-ki, on August 31, South Korean investors face two ETF strategies as the won-dollar exchange rate surpassed 1,500 won. The key distinction lies in whether an ETF carries an 'H' suffix. Hedged (H) ETFs eliminate currency risk, so returns depend solely on asse

According to U.S. Treasury Secretary Scott Besent in a post on X on August 3, the U.S. Treasury will continue close monitoring and coordination with Japan's Ministry of Finance and the Bank of Japan, stating "we will not hesitate to engage in further joint intervention." Besent also noted that the F

According to Guru Club, on Sunday (August 3), Trump commented on U.S. participation in the foreign exchange intervention that strengthened the yen, describing it as a symbol of U.S.-Japan friendship. Trump stated, "They needed some help, and we always support Japan. We have a good

The USD-KRW 1-month NDF surged to 1,442.90 won (MID) on January 31 night in the New York market, according to overseas brokers on the 3rd. This represented a 19.40 won increase from the Seoul spot market close of 1,424.00 won when adjusted for the 1-month swap point of -0.50 won. The spike

According to overseas brokers citing Reuters reports, the U.S. dollar-South Korean won 1-month non-deliverable forward (NDF) surged to 1,442.90 won on the night of August 1, rising 19.40 won from Seoul's prior spot market close of 1,424.00 won. The rally was driven by caution over potential U.S.

NVIDIA reclaimed the world's largest market capitalization position on May 31 (local time), closing at $200.75 per share with a 2.93% gain and reaching $4.86 trillion in market cap, surpassing Apple after four trading days. Apple fell 7.35% to $308.91 following its earnings forecast of limited

According to Reuters, Japan will formally confirm on Monday (August 2) a joint currency intervention with the United States, having deployed approximately $59 billion. The operation marks the first coordinated yen support effort in 15 years. Finance Minister Satsuki Katayama is expected to make the

According to Jin10, China's central bank held its H2 2026 work conference and decided to continue implementing a moderately loose monetary policy. The State Administration of Foreign Exchange also held a meeting, stating it will steadily expand institutional opening-up in the foreign exchange

The US Treasury and Japan's financial authorities conducted coordinated foreign exchange intervention to support the yen for the first time in 28 years. US Treasury Secretary Scott Bessent's memo, captured by cameras during a White House cabinet meeting, revealed plans to purchase $5 billion to $10

According to CME data released August 3, the U.S. Federal Reserve has a 73.6% probability of raising rates by 25 basis points by September, with a 26.4% chance of maintaining rates unchanged. For October, the Fed faces a 19.9% probability of holding rates steady, a 62.1% chance of a cumulative 25 ba

According to Korean Economy TV, U.S. stocks rose over the weekend, with major technology companies leading gains. Microsoft, Amazon, and Alphabet posted strong earnings and drove the tech sector higher. The selloff by hedge fund Situational Awareness's portfolio signaled the end of forced

According to Guru Club, on August 3, the U.S. dollar weakened 0.2% against the Japanese yen to 157.02 yen, while the euro strengthened 0.25% against the dollar to 1.1549.

USD/JPY touched 157 intraday on August 2, declining 0.40% during the session.