DXY & Forex

The Bank of Korea released its weighted average interest rates for June 2026 on the 28th, showing an upward trend in lending rates across the banking sector. According to the report, the new loan interest rate at deposit banks reached 4.31% in June, rising 12 basis points from the previous month,

The US bond market weakness is sending warning signals to stock markets this month, according to analysis from CNBC. The iShares iBoxx $ High Yield Corporate Bond ETF has declined approximately 1% this month, marking its third consecutive monthly decline and fifth drop in the recent six-month

According to Bank of Korea's financial statistics released on July 28, the weighted average new loan rate for June reached 4.31% annually, up 12 basis points from the previous month. Small and medium-sized enterprise lending rates recorded the steepest increase at 23 basis points. The new-issue

On July 28, Reserve Bank of Australia Governor Michele Bullock said demand growth appears to be moderating in line with the May baseline forecast.

The Shanghai Interbank Offered Rate (SHIBOR) overnight segment reported at 1.4150% overnight, down 0.30 basis points. The 7-day SHIBOR rose 2.84 basis points to 1.4600%, while the 3-month rate held steady at 1.4300%.

Japan's Finance Minister Katayama Kojiyuki stated recently that the United States and Japan maintain the same position on foreign exchange issues.

President Trump said Monday that he knows Federal Reserve Chair Kevin Warsh wants to cut interest rates, though the Fed chairman may face opposition from some board members. "I know what he wants to do. He wants to do the right thing," Trump told media while traveling to Michigan. The Fed's two-day

According to BlockBeats, Japan's Finance Minister Katayama Kōyuki stated on July 28 that relations between the government and the Bank of Japan are normal and smooth, with monetary policy operations remaining the Bank of Japan's

According to Japan's Finance Minister Katayama Katsuyoshi, the government is not considering buybacks of Japanese government bonds at this time.

According to Japan's Finance Minister Shinichi Suzuki, global bond markets are facing multiple pressures from U.S. monetary policy, the Ukraine situation, and tensions in the Middle East.

Reserve Bank of Australia Governor Michele Bullock is scheduled to deliver remarks in 10 minutes on July 28.

According to Lloyd Chan, senior foreign exchange analyst at Mitsubishi UFJ Bank, on July 28, the U.S. dollar is likely to gain short-term support driven by elevated U.S. Treasury yields and continued Middle East tensions. Chan noted that the Federal Reserve's decision this week could serve as a

World Bank research projects the United States would lose seigniorage benefits equivalent to approximately 1% of GDP annually if the dollar loses its reserve currency status due to collapsing foreign demand for dollar assets. Based on 2025 nominal GDP of $30.7697 trillion, this translates to

According to a World Bank report released on July 28, researchers from NYU Stern and the economic think tank CEPR found that if foreign investors cease demands for U.S. dollar assets, the United States would lose approximately $300 billion annually in seigniorage benefits, equivalent to roughly 1% o

According to Yonhapinfomax, South Korea's central bank conducted 28 trillion won in repo purchases and received 9.2 trillion won in tax revenues on July 28, adding liquidity to the money market. The operations included 700 billion won in fiscal disbursements and 500 billion won in maturing

Today, Japan's Finance Minister Katayama Katsuyoshi said the country's monetary policy has shifted to a stage led by interest rate levels, marking a transition in the central bank's operational focus.

According to Yonhapinfomax, the USD/KRW exchange rate rose to 1,470.90 won as of 9:16 a.m. on July 28 in Seoul, up 2.40 won from the previous day's closing of 1,468.50 won. The move reflected weakness in Asian equities and dollar strength ahead of the Federal Reserve's monetary policy meeting.

According to A brokerage, the USD-KRW spot rate on the Seoul foreign exchange market traded at par (zero level) on July 28 before 9 a.m. NDF fixing positions remained neutral, indicating that regional market participants had no net positioning pressure at market

Seoul forex market participants continue to recognize the 3:30 PM exchange rate as the functional closing price, four weeks into the market's 24-hour trading system. Foreign exchange brokerage firms calculate two daily closing prices at 6 AM and 3:30 PM since the continuous trading system launched o

According to Yonhapinfomax, four weeks into Seoul's 24-hour forex market operations launched on July 6, market participants still rely on the 3:30 PM closing rate as the benchmark, with the newly introduced 6:00 AM close largely ignored. Foreign exchange brokers now calculate closing prices twice