DXY & Forex

According to Argentina's Central Bank, on Friday the institution issued Communication A 8460 directing private banks to accept U.S. dollars for wage operations. The directive requires financial institutions to include the dollar as an accepted currency for salary account deposits and to provide

According to Jin10, next week features a "super central bank week" with the Federal Reserve, Bank of England, and Bank of Japan announcing monetary policy decisions. The Fed is expected to decide on rates on

South Korea's top five banks saw demand deposits plunge over 40 trillion won this month as of May 23, while time deposits surged by 22 trillion won, according to data reported on May 26. The shift follows a month-long stock market correction and the Bank of Korea's decision to raise its base rate

According to Korean Economy News, demand deposits at South Korea's five major banks (Kookmin, Shinhan, Hana, Woori, and NH Bank) fell sharply to 681.26 trillion won as of July 23, with over 40 trillion won withdrawn this month alone. The exodus reflects investor fatigue from extended stock market

According to CryptoQuant analyst Axel Adler, Bitcoin retreated to around $64,300 in July, after rising nearly 11% from a June low of approximately $59,000, as U.S. 10-year Treasury yields climbed to about 4.7%, the highest level in five years. Higher rates are tightening financial conditions and

According to the German Chamber of Commerce and Industry and the German Wholesale and Foreign Trade Association, on July 24, both organizations issued statements criticizing the U.S. for frequently adjusting tariff policies, which they said increases uncertainty for business operations and

According to Yonhapinfomax, the dollar-yen exchange rate climbed to 163.852 yen last week, marking its highest level since November 1986 as oil prices surged on Middle East tensions. The pair briefly approached 163.988 yen, approaching the 164 level. The U.S. Federal Reserve's policy decision is

The Federal Reserve's Federal Open Market Committee (FOMC) will convene July 28-29 to decide monetary policy amid heightened uncertainty over a potential rate hike. Futures markets are pricing a 30% probability of a rate increase, an unusually high level of doubt for a meeting where consensus

Seoul bond market participants are focusing on the July Federal Open Market Committee (FOMC) meeting during the week of July 27-31, according to Yonhap Infomax. The FOMC rate decision will be announced on July 30 (dawn Korean time), with market sensitivity heightened by recent oil price movements an

According to Yonhap Infomax, South Korea's second-quarter real GDP expanded 0.6% quarter-on-quarter, significantly exceeding market expectations of 0.37%, lifting sentiment around potential back-to-back interest rate hikes in August. The stronger-than-expected growth report drove benchmark

On Friday, July 24, Trump's administration announced a Section 301 investigation against the European Union, citing EU antitrust fines imposed on American tech companies including Google and Apple. Trump stated on Truth Social that the EU was "plundering American businesses," warning that

Moon Mun-young, a researcher at the Korea Insurance Research Institute, issued recommendations on the 26th for insurance companies to strengthen suitability assessments and consumer explanations for dollar-denominated insurance products amid surging sales. The recommendations came as dollar insuranc

According to a report released by South Korea's Insurance Research Institute on July 26, dollar-denominated insurance sales surged amid high won-dollar exchange rates, with first-quarter 2026 sales reaching approximately 47,000 contracts, more than double the same period last year. However, the Inst

According to Bitcoin.com News, Rich Dad Poor Dad author Robert Kiyosaki warned on July 22 that the global economy is crashing and could financially wipe out many people. He characterized U.S. federal debt at $39 trillion—compared to $9.5 trillion in 2008—and stated the government adds

Major South Korean banks raised deposit interest rates to the 3% range starting from the 21st through 24th, following central bank rate hikes. Hana Bank increased its 1-year regular deposit rate to 3.20% from the 23rd, up 30 basis points from the 2.90% rate applied since March. This marks the

According to Yonhapinfomax, South Korean banks including Hana Bank, Shinhan Bank, KB Kookmin Bank, and Woori Bank raised their deposit rates above 3% annually starting July 23–26, following increases in the Bank of Korea's benchmark rate. Hana Bank's 1-year fixed deposit product reached 3.20%, Shinh

According to Seoul Foreign Exchange Brokerage and Reuters, the KRW/USD exchange rate closed at 1,459.90 won on July 25 (Friday), with the currency pair expected to continue fluctuating in the 1,400 mid-to-late range this week amid favorable supply-demand conditions. Market participants are

The Bank for International Settlements (BIS) published a study finding that countries with weaker fiscal health experience higher exchange rate pass-through to inflation. The research, titled 'What Determines Exchange Rate Pass-Through: Empirical Analysis Using Nonparametric Methods,' analyzed

According to the Bank for International Settlements (BIS), a paper released yesterday (July 26) found that countries with fiscal deficits exceeding 5% of GDP experience significantly higher exchange rate pass-through rates. The study, analyzing 40 years of data from 98 countries, revealed that