DXY & Forex

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

According to Yonhap Infomax, on July 28, South Korean debt issuers have begun shifting from welcoming SK Hynix's large-scale credit market purchases to taking a more selective stance. While SK Hynix initially played a crucial role in supporting market liquidity when institutional demand dried up, is

Seoul forex market dealers forecast the USD/KRW exchange rate to fluctuate around the mid-1,460 won range on May 28. International oil prices continued declining after the US and Iran halted airstrikes over the weekend, though investor sentiment contracted again centered on semiconductors. Dealers e

Seoul foreign exchange dealers forecast the dollar-won exchange rate to trade around the mid-1,460 won level today (July 28), according to Yonhapinfomax. The market sentiment remains cautious, with international crude prices declining following reduced military tensions between the U.S. and Iran

Foreign investors sold Korean government bonds for four consecutive days from May 22 to May 27, marking the longest selling streak this year. The net selling volume reached 1.227 trillion won during this period. Analysts attribute the sell-off to profit-taking and heightened caution ahead of the

According to bond market sources, foreign investors net sold Korean government bonds for four consecutive trading days through July 27, offloading a total of 1.227 trillion won. The selling spree marked the longest stretch of consecutive net outflows in recent market

According to Bank of America strategist Michael Hartnett, the U.S. bond market has emerged as the primary source of uncertainty in the current AI bull run, with 30-year Treasury yields rising to 5.2%, the highest since 2007, and real yields climbing to 3%, reaching levels last seen in

South Korea's foreign exchange swap points surged into positive territory across all tenors on the previous trading day, marking the first time the 1-month tenor closed in positive range since June 2, 2022. The 1-month FX swap point closed at +0.20 won at Seoul Foreign Exchange Brokerage and +0.10 w

According to ING, on July 27, the bank forecasted the Federal Reserve will hold rates unchanged at this week's FOMC meeting. ING expects no interest rate hikes for the remainder of the year if oil prices continue declining, though it acknowledged the market remains uncertain about the Fed's

According to Yonhap Infomax, on July 28, South Korea's FX swap points surged across all tenors, with the 1-month rate closing at positive 0.20 won at Seoul Foreign Exchange Brokerage—the first positive close since June 2, 2022. Overnight and T/N rates also turned positive at 0.080 won and 0.010 won

According to Jin10 Data, the Chinese Central Bank conducted 305.5 billion yuan of 7-day reverse repurchase operations on July 28, offsetting 253 billion yuan in maturing operations. The net liquidity injection reached 52.5 billion yuan.

The People's Bank of China conducted a 305.5 billion yuan reverse repurchase agreement operation with a 7-day maturity today (July 28). The amount bid and awarded both matched at 305.5 billion yuan, with the operation rate held steady at 1.40%, unchanged from the previous operation.

According to Yonhapinfomax, on July 28, K Bank extended its suspension of new overdraft account openings through August 31, prolonging the measure by one month as part of broader regulatory efforts to control household credit growth. The bank stated the extension aims to ensure stable household

On July 28, China's central parity rate for the yuan against the dollar weakened to 6.7928, up 17 basis points, according to the interbank foreign exchange market. Other major currencies also adjusted: the euro fell to 7.7119 (down 148 points), sterling dropped to 9.0141 (down 353 points), and the

Trump (Donald Trump), the U.S. president, said during a reporter interview on Air Force One on July 28 that he supports Federal Reserve Chair Kevin Warsh. He called him “very outstanding,” but criticized other members of the board as “very political.” Trump directly accused: “You need to get approval from some people who may have ulterior motives; interest rates should be lowered. The United States should have the lowest interest rates in the world, just like 30 years ago.” Trump Air Force One i

According to Yonhap Infomax, on July 28, the USD-KRW exchange rate fell to 1,465.20, down 3.30 from the previous close of 1,468.50, as geopolitical tensions eased and crude oil prices declined. The pair has dropped more than 100 won since early July, when it peaked at 1,559.20. The decline was