DXY & Forex

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.

Gate News: According to the latest Gate TradFi data, USDHUF (US Dollar vs Hungarian Forint) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Iran and Oman are close to finalizing a deal to manage commercial shipping through the Strait of Hormuz, a waterway that handles roughly 20 million barrels of oil per day, representing about 20% of global oil supply. Negotiations began in late July 2026, following an April 2026 draft protocol that p

Iran and Oman are nearing a deal to manage shipping through the Strait of Hormuz, a waterway handling roughly 20 million barrels of oil daily. Negotiations started in late July 2026, with Oman proposing a 50-50 split of transit lanes. Iranian Deputy Foreign Minister Kazem Gharibabadi rejected this p

The won-dollar exchange rate fell 125.4 won in July to close at 1424.0 won on July 31, down from 1549.4 won at the end of June, marking the largest monthly decline since March 2009 during the global financial crisis, according to MPDoctor. The drop occurred despite the KOSPI falling over 22% during

According to E-Daily, in July the Korean won fell over 125 won against the U.S. dollar, marking its largest decline since the global financial crisis. The currency drop coincided with a 22% decline in the KOSPI index, an unusual pattern that breaks the traditional market formula where stock market d

According to Japan's Finance Minister, Tokyo and Washington will announce a joint action to curb yen depreciation on Monday (August 3).

According to JPMorgan's U.S. rates strategy chief Jay Barry, the Federal Reserve is now expected to raise rates in December 2026, at least six months earlier than the bank's previous forecast of mid-2027. The expected federal funds target range is projected at 3.75%-4%. JPMorgan raised its

According to Reuters and Japanese media reports, the U.S. and Japanese governments jointly intervened in foreign exchange markets from July 30 to August 1, purchasing yen and selling dollars to combat yen depreciation. The yen strengthened from 163 per dollar to 157 per dollar within 50 minutes on J

Over the past three months, Japan reduced its U.S. Treasury holdings by $96 billion, bringing total holdings to $1.14 trillion, the lowest level since April 2025, according to market sources.