DXY & Forex

The USD/KRW exchange rate climbed to the mid-1,430 won range on the morning of the 1st, reversing sharp gains in the Korean won that followed coordinated foreign exchange market interventions by South Korea and Japan. The won weakened broadly as CBS reported that the United States and Israel could s

According to Yonhapinfomax, the USD/KRW exchange rate rose to 1,435.50 won on August 1, up 11.50 won from the previous close of 1,424.00 won, following coordinated intervention by U.S., Japanese, and South Korean authorities in forex markets. The Bank of Japan held its benchmark interest rate at 1.0

According to Bloomberg, Japan intervened in foreign exchange markets on Friday, continuing efforts to support the yen.

According to the Financial Times, St. Louis Federal Reserve President Musalem warned yesterday (August 1) that the ongoing U.S. debt selloff sends a warning signal to the Federal Reserve's credibility.

South Korea's trade balance for July came in at $32.32 billion in its initial reading, exceeding forecasts of $29.59 billion. The previous month's figure was revised to $36.088 billion from an initially reported $36.149 billion.

KB Securities analyst Ahn Jae-kyun stated that South Korea's 10-year to 3-year government bond yield curve is expected to flatten, considering the potential for tightening at the August Bank of Korea (BOK) Monetary Policy Committee meeting and concerns over 2-3 year bond issuance. The Ministry of

According to KB Securities, analyst Ahn Jae-kyun released a report on August 1 forecasting that South Korea's 10-year to 3-year government bond yield curve will flatten following the August monetary policy meeting. The Ministry of Economy and Finance announced on July 30 that competitive auction

The US Treasury notified multiple banks on May 31 that it may intervene in the yen market and instructed them to prepare for potential actions, according to informed sources cited by Reuters. The notification came as the dollar-yen exchange rate reached the mid-160 yen range during intraday

According to Reuters, the U.S. Treasury notified multiple banks on July 31 that it could intervene in the yen market and they should prepare for potential actions ahead. The notification was reportedly transmitted through the Federal Reserve Bank of New York, which acts on behalf of the Treasury in

On July 31, Colombia's central bank announced a plan to accumulate up to $4 billion in international reserves aimed at guiding the Colombian peso down from seven-year highs. Central Bank Governor Leonardo Villar made the announcement following a decision to hold interest rates unchanged. The

Three Federal Reserve officials issued statements on the 31st explaining their dissent votes at this week's Federal Open Market Committee meeting, citing inflation concerns as US Treasury yields rose across maturities. The 10-year Treasury yield climbed 8.10 basis points to 4.7440% as of 3 PM

According to Yonhapinfomax, on July 31 (U.S. Eastern time), the 30-year U.S. Treasury yield reached 5.284% during intraday trading, marking its highest level since July 2007. The 10-year yield rose to approximately 4.74%, also hitting its highest point since January 2025. Federal Reserve

According to CFTC data as of July 28, non-commercial traders' bullish USD bets rose to $49.23 billion, the highest level since 2014. Leveraged funds also increased short positions in the yen to near 2007 highs, added euro shorts to 2020 highs, and increased Canadian dollar shorts to approximately

On Friday (July 31), offshore Chinese yuan (CNH) traded at 6.7524 per U.S. dollar at the New York close, down 44 points from Thursday's close. The currency traded within a range of 6.7423–6.7553 during the session. Week-to-date, CNH has appreciated approximately 0.28%, while the monthly gain

Gold and silver prices declined Friday ahead of the North American market open, pressured by a firmer U.S. dollar, elevated Treasury yields and renewed oil strength following Thursday's post-PCE rebound. Spot gold was trading

According to Kitco NewsWire, spot gold and silver declined on Friday as a firmer U.S. dollar and elevated Treasury yields pressured precious metals after Thursday's post-PCE rebound. Spot gold traded near $4,057.10 per ounce, down 1.11%, while spot silver traded near $57.77, down 1.90% on the

Wall Street's early rally reversed on July 31 as the S&P 500 declined 0.4% and the Dow dropped roughly 151 points (0.3%) by late morning, with Apple's 9.3% plunge weighing heavily on both indexes. The 10-year Treasury yield climbed to 4.737%, its highest intraday level since January 2025, as

According to The New York Times, Federal Reserve Chair Kevin M. Walsh considered reducing the frequency of the central bank's regular policy meetings during this week's session, four sources said. The proposal, if adopted, would mark a significant operational overhaul for the Fed, which currently

The U.S. dollar slipped below the 158 level against the Japanese yen intraday, trading at 157.99. The pair declined 0.92% during the session and dropped over 100 points within the past 30 minutes.