DXY & Forex

According to Yonhapinfomax, on September 22, one-year FX swap points in South Korea's foreign exchange market rose 0.10 won from the opening level to close at -11.80 won. Six-month maturity points closed at -5.10 won, while three-month points increased 0.05 won to -1.85 won. One-month maturity

Vingroup, Vietnam's largest private enterprise, is proceeding with the issuance of 3000-4000 billion KRW corporate bonds in South Korea mid-next month. The move represents an interest rate shopping strategy, allowing Vingroup to secure funding at around 7% in Korea instead of paying over 11% in Viet

Philippine Trade Secretary Cristina Roque and European Commissioner for Trade and Economic Security Maroš Šefčovič announced on September 22 that the Philippines and European Union had reached a substantial agreement on a free trade deal, following a video call between the two officials. European Co

Baek Seok-hyun, an economist at Shinhan Bank's S&T Center, discussed foreign exchange market volatility and investment strategies in an interview with 'Deep Money Talk.' The won appreciated nearly 15% over two months, rising from 1550 won per dollar in July to become the fastest-rising major

According to Jin10 Data, on September 22, the U.S. dollar index (DXY) briefly touched a seven-week high of 100.667, driven by oil price fluctuations and the dollar's safe-haven appeal. However, after Japanese news agency Kyodo reported that Iran proposed reopening the Strait of Hormuz within seven d

According to The Block, Bernstein predicts annual prediction market trading volumes will reach $10 trillion by 2035, with 2026 volumes forecast at $410 billion. Cryptocurrency, equities, and commodities are expected to surpass sports betting, collectively accounting for 49% of total trading volume b

According to Yonhapinfomax, on September 22, the USD/KRW exchange rate fell to 1,358 won, down 22.80 won from the previous session, marking the largest daily decline since July 8. The currency dropped to as low as 1,352.90 won during the trading session amid strong selling pressure from export

According to Baosheng Group analyst Afonso Borges, the U.S. Treasury yield curve flattened on September 22 following last week's hawkish rate decision by the Federal Reserve. The flattening indicates that strengthened Fed credibility is dampening long-end yields, supporting Baosheng's preference

According to Gate data, USD/JPY (U.S. dollar to Japanese yen) fell to 156.939 as of September 22, down 0.2% over the past 24 hours.

Eurozone bond yields declined on September 22, with German 10-year government bond yields dropping 2 basis points to 3.43%.

The Federal Reserve raised its policy rate by 25 basis points in September, marking the first rate increase since July 2023. The move has prompted market observers to compare the current cycle to March 1997, when the Fed under Alan Greenspan raised rates once to 5.50% and then held—a scenario

According to South Korea's investment banking industry, Vietnam's largest private enterprise Vin Group plans to issue 300-400 billion Korean won in 3-year won-denominated bonds in the domestic market by mid-October. The issuance, structured as an Arirang Bond through private placement with domestic

South Korea's National Pension Service is applying for permission to invest in Indian government bonds through a simplified regulatory process, Reuters reported on the 22nd local time citing two unnamed sources. The world's third-largest pension fund is pursuing approval through relaxed procedures e

According to Reuters, South Korea's National Pension Service (the world's third-largest sovereign fund) is pursuing approval to invest in Indian government bonds on September 22, citing two sources familiar with the matter. The fund is applying through a simplified regulatory pathway established

On September 22 at 4:30 PM, the onshore Chinese yuan closed at 6.7019 against the US dollar, declining 64 pips from the previous trading day.

According to HSBC, the bank's new machine learning model DUSTIN (Directional U.S. Treasury Indicator) predicts lower U.S. Treasury yields over the next month, with a 28% probability of 10-year yield increases. Recent selloffs in the front-end of the yield curve (3-month and 2-year maturities)

According to investment banking industry sources, 36 out of 183 South Korean corporate bonds (about 19%) with demand forecasts issued in January-September 2026 were priced above fair-valued rates assessed by credit analysts. This represents a significant jump from roughly 11% in

According to Yonhapnews, on Sept 22, South Korea's government bond yields showed mixed moves driven by international oil price fluctuations. The 3-year maturity yield closed at 4.040% annually, down 1.6 basis points, while the 10-year yield rose 0.4 basis points to 4.461%. The moves followed a

According to market reports, the Central Bank of Turkey will settle a 1-week Turkish lira buy-back swap auction worth $500 million on September 23.

The won-dollar exchange rate fell 22.8 won to close at 1358.2 won on the 22nd, marking the steepest single-day decline since July 8. The drop was driven by a surge in dollar sales from exporters settling ahead of the Chuseok holiday and large-scale selling by foreign institutions. Despite global dol