DXY & Forex

According to the Bank of Japan meeting minutes, some members stated the central bank must maintain its forward guidance and will continue raising interest rates if economic and price developments align with their

According to the Bank of Japan's latest meeting minutes, one board member stated that the central bank should raise interest rates approximately every few months.

According to Japan's central bank June meeting minutes, a board member pointed to rising import prices driven by foreign exchange movements, noting the burden on small enterprises.

US Treasury Secretary Scott Bessent noted excessive volatility in the Korean won last night, providing support to the currency as the dollar-won 1-month NDF fell to 1,429.90 won. Bessent's remarks came as he reiterated US commitment to supporting yen strength, stating that yen weakness triggers

According to Seoul Bond Market data reported by Yonhapinfomax, South Korea's 10-year government bond futures rose 45 ticks to 106.41 in overnight trading on August 5, while 3-year futures climbed 11 ticks to 103.44. U.S. Treasury yields fell sharply, with the 10-year yield down 6.40 basis points

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,429.60 won on Aug 5 at 6 AM KST, declining 2.90 won from the previous Seoul close, after U.S. Treasury Secretary Scott Bessent noted excessive volatility in the Korean won. Bessent stated that excessive volatility has been observed in t

Japan's nominal wage growth in June rose 3.4% year-over-year, matching consensus expectations and up from 3.2% in the previous month, according to official labor statistics.

Japan's overtime pay rate (year-on-year) fell to 2.8% in June from 2.9% in the previous month, marking a 0.1 percentage point decline.

US stocks rallied on local time with the S&P 500 closing at an all-time high of 7736.52, up 1.79%. The gains were driven by easing Middle East tensions and strong earnings from AI-related companies including AMD and SpaceX. The Philadelphia Semiconductor Index surged nearly 7%, marking its

New Zealand's unemployment rate rose to 5.6% in the second quarter, exceeding the forecast of 5.40% and marking an increase from the prior quarter's 5.30%.

New Zealand's employment participation rate reached 70.7% in the second quarter, exceeding economist expectations of 70.3% and rising from 70.4% in the prior quarter.

According to Yonhapinfomax, Japan's Finance Ministry launched a large-scale yen-buying intervention on July 30 night, supported by the New York Federal Reserve through a rate check procedure at the request of the U.S. Treasury Department. The coordinated effort drove the USD/JPY exchange rate

Five major Korean banks recorded a surge in term deposit balances this month, with increases exceeding 35 trillion won. As of end of July, total term deposit balances at KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup reached 984 trillion won, according to financial sector data released on the 5th

According to South Korea's financial sector, the country's five major banks—KB Kook Min, Shinhan, Hana, Woori, and NH Nonghyup—saw deposit increases exceeding 35 trillion won in August. The surge reflects a shift as investors withdrew funds from South Korea's volatile stock market amid significant m

According to CME FedWatch, on August 5, the probability of the Federal Reserve raising rates by 25 basis points by September stands at 58.4%, with a 41.6% probability of keeping rates unchanged. For October, the probability of a 25 basis point increase is 53.9%, while the probability of a 50 basis p

U.S. Treasury Secretary Janet Yellen said on August 4 that falling energy prices have eased concerns over excessive yen depreciation, which will help inflation decline and put the yen on a positive trajectory.

According to U.S. Treasury Secretary Scott Bessent, on Tuesday, August 4, the yen rebounded against the dollar to 157.76, but remained significantly above the 40-year low of 164 touched before the U.S. and Japan jointly intervened in the currency market last week. The dollar index, tracking the

According to Jin10, the Trump administration has paid approximately $100 billion in tariff refunds as of Tuesday (August 3), which represents 60% of the $165 billion total collected under the "Liberation Day" tariffs. U.S. customs officials reported the figure to a judge at the U.S. International Tr

South Korea's foreign exchange reserves reached $427.95 billion at the end of July, according to the Bank of Korea on the 5th. The reserves increased by $590 million compared to the end of June. The Bank of Korea attributed the increase to new foreign currency stabilization bond issuance,

On Tuesday (August 4) New York close, the offshore Chinese yuan (CNH) traded against the U.S. dollar at 6.7480, matching the July 30 closing level. The rate rose 101 pips from Monday's New York close, with intraday trading range between 6.7599 and 6.7458, approaching the July 31 high of 6.7423.