DXY & Forex

South Korea's foreign exchange reserves reached $427.95 billion in July, up from $427.36 billion in June, according to official data. The reserves increased by $590 million, or 0.14 percent, month-over-month.

According to Jin10, the U.S. Dollar Index fell 0.04% to close at 99.858 in New York trading on August 5. The euro strengthened to 1.1533 per dollar, up from 1.1514 on the previous trading day, while sterling rose to 1.3452 per dollar from 1.3431. The yen climbed to 157.66 per dollar, up from 156.74,

According to Kitco News, the Federal Reserve Bank of New York and Japanese authorities conducted a coordinated yen-buying operation on Friday, marking the first joint intervention since 1998. The U.S. dollar closed at 157.40 yen in New York, having traded above 162 before the intervention. The oper

On Tuesday (August 4) at New York close, the U.S. 10-year Treasury yield fell 5.08 basis points to 4.6248%, after peaking at 4.7083% earlier in the session. The decline extends a two-day pullback following the July 31 high

According to ICE, the U.S. Dollar Index fell 0.01% to 99.883 on Tuesday (August 4) in New York late trading, with intraday range of 100.058-99.828. The Dollar strengthened 0.38% against the Japanese Yen to 157.78, stabilizing after four consecutive trading days of decline, according to Bloomberg

The US Labor Department is scheduled to release July Non-Farm Payroll (NFP) data on August 7 at 9:30 PM Korean time (8:30 AM US Eastern time) amid heightened market concerns over yen carry trade unwinding. On July 31, the Japanese government, Bank of Japan (BOJ), and US Treasury jointly intervened i

According to reports, the U.S. non-farm payroll (NFP) data is scheduled to be released on August 7 at 8:30 AM ET (9:30 PM Korea time), amid mounting concerns over yen carry trade unwinding. Japan's government and central bank, along with the U.S. Treasury, intervened in foreign exchange markets on J

Onshore yuan (CNY) climbed to 6.7510 against the US dollar on August 4 early trading (Beijing time 03:00), gaining 50 pips from Monday's night session close. Trading volume reached 42.373 billion dollars.

Wells Fargo plans to introduce tokenized deposits for select corporate and commercial clients later this year, beginning with round-the-clock transactions between the U.S. dollar and British pound on its proprietary blockchain. The bank aims to provide 24-hour settlement capability including

A coalition of US states including Oregon, New York, and California filed a lawsuit against the Trump administration over Section 301 tariffs imposed on imports from roughly 60 economies, with levies taking effect last month. The states argue the tariffs are arbitrary, exceed statutory limits, and u

Wells Fargo plans to launch tokenized deposits for corporate and commercial clients later this year, beginning with 24-hour USD-GBP transactions on its proprietary blockchain. The initial service will expand to additional clients, countries and currencies throughout 2027. Tokenized deposits are

The USD/JPY exchange rate rose 0.644 yen (0.410%) to 157.597 yen as of 10:47 AM ET on the 4th, according to Yonhap Infomax, as bargain buyers entered following the currency pair's recent sharp decline. The pair had plunged to 155.220 yen the previous day before recovering to close at 157.143 yen. US

According to Yuonhap Infomax, the USD/JPY exchange rate rebounded to 157.597 yen on August 4 at 10:47 AM ET, up 0.644 yen or 0.410% from the previous close. The pair had plunged to 155.220 yen the previous day before recovering as low-price buying interest emerged. U.S. Treasury Secretary Scott

On August 4, the Federal Reserve's overnight reverse repurchase agreement (RRP) facility saw usage of $2.251 billion across 3 counterparties, up from $2.127 billion on the previous trading day.

According to CME FedWatch data, as of August 5, the probability of a 25 basis point rate hike in September reached 56.9%, while odds of holding rates steady stood at 43.1%.

The US Department of Commerce reported on local time August 4 that the June trade deficit reached $73.3 billion. The figure exceeded the market forecast of $73 billion compiled by Yonhap Infomax, while the prior month's deficit was revised to $77.6 billion. The deficit occurred as both exports and i

According to the U.S. Department of Commerce, the U.S. goods and services trade deficit reached $73.3 billion in June, exceeding market expectations of $73 billion. June exports declined to $314.7 billion, down $2.9 billion from the prior month, while imports fell to $388 billion, down $7.3 billion

According to Nick Timiraos, Treasury Secretary Bessent's policy reaction function has shifted away from dovish stance as of Aug 4. Timiraos, often dubbed the 'Fed's mouthpiece,' noted that Bessent's recent comments suggest the Federal Reserve should maintain interest rates unchanged. Earlier this

According to the U.S. Commerce Department, the June trade deficit narrowed 5.6% to $73.3 billion, with imports declining 1.8% to $388 billion for the first time this year, while exports fell 0.9% to $314.7 billion, according to data released on Tuesday,