DXY & Forex

According to Robin Brooks, a former forex analyst at Goldman Sachs, the US-Japan currency intervention announced on August 2 will have limited effectiveness in reversing the yen's weakness. Brooks wrote on his blog that while the intervention may temporarily stabilize the currency, it fails to

Japan's Finance Minister Kamiyu Katayama stated on Monday he is ready to implement foreign exchange intervention measures without hesitation if needed. He declined to comment on speculation regarding intervention actions conducted on Monday.

Japanese Finance Minister Koji Katayama declined to comment today (Aug 3) on whether Japan conducted forex intervention.

According to Odaily, Arthur Hayes called for monitoring the Federal Reserve's H.4.1 report this week to confirm whether Japan's Ministry of Finance is using U.S. Treasury holdings for repo operations to obtain dollars, which it then sells to buy yen. If Treasury Secretary Scott Bessent increases

According to Yonhap Infomax, South Korean government bond futures showed mixed trading on August 3. The 3-year contract rose 1 tick to 103.24, while the 10-year fell 3 ticks to 105.79. Foreign investors net-bought 1,608 contracts of 3-year futures and 458 contracts of 10-year futures. U.S.

According to Jin10 Futures, the CFETS-NEX liquidity sentiment index declined to 50 as of 10:15 on August 3, down 1 point from earlier readings. By institution type, large banks reported 49, mid-size and small banks 51, and non-bank institutions 49, each declining 1 point. The index tracks market liq

JPMorgan strategist Tanase Junya (田瀨淳也) and others said in a report on August 3 that the U.S. Treasury’s “firepower” available for Forex intervention is more limited than previously thought. However, if highly unconventional funding and scheduling methods are adopted, in theory as much as about $187 billion could be mobilized. As of June, the U.S. Treasury’s Exchange Stabilization Fund (ESF) holds about €13 billion in assets and $25.5 billion in assets. Current Resources of the U.S. Treasury Exc

Fed Chair Kevin Warsh maintained silence on future monetary policy direction during a press conference held on the 29th following the Federal Open Market Committee (FOMC) meeting, adopting a strategy to let markets independently assess economic conditions rather than providing explicit guidance.

According to The Economist on August 2, Fed Chair Kevin Warsh maintained silence on future interest rate policy following the July 29 FOMC meeting, citing the central bank's intention to let markets assess economic conditions independently. The ambiguous stance prompted immediate market reaction, wi

According to multiple brokers, Seoul's dollar-won spot market traded at Par (0 basis) on August 3, with the NDF (non-deliverable forward) fixing position holding Square (neutral), indicating no net positioning pressure for regional market

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