DXY & Forex

According to Seoul forex market data as of July 23, the USD/KRW exchange rate fell to around 1,480 won from a peak of 1,559.20 won on July 1, marking the first decline since hitting its highest level since 2009. The roughly 80-won drop reflects increased dollar supply flowing from record-breaking ex

According to Yusuke Matsuo of Mizuho Securities on July 23, Bank of Japan Governor Ueda is expected to reaffirm the central bank's hawkish stance at next week's press conference, though this is unlikely to reverse the yen's weakness. Matsuo noted that markets have largely priced in the BoJ's expecte

Australia's employment increased by 76,300 people in June, significantly exceeding the forecast of 19,000, according to official data. The increase compares to a prior month change of 40,300, demonstrating stronger-than-expected job creation

Seoul housing mortgage usage dropped 7.29 percentage points to 45.67% in one year ending June. Government loan caps drove the decline, pushing cash buyers to dominate districts like Ichon-dong and Sincheon-dong where mortgage ratios fell over 20 percentage points. The 6·27 and 10·15 policy

The People's Bank of China conducted 204 billion yuan in 7-day reverse repurchase operations today, with bids and successful allocations both totaling 204 billion yuan. The operation rate was set at 1.40%, unchanged from the previous operation.

The Chinese yuan's midpoint rate against the U.S. dollar rose 27 basis points to 6.7906 versus the previous day, marking the strongest level since February 10, 2023.

Morgan Stanley, JP Morgan, and UBS issued buy recommendations for Korean stocks after the KOSPI index fell to the 6000-level. The calls followed server DRAM spot prices surging up to 146% since mid-July and Korean DRAM export unit prices jumping 523% year-over-year. The bullish outlook gained

Japan's two-year government bond yield rose to 1.5%, marking the highest level since 1995. The move reflects shifting market expectations regarding monetary policy and economic conditions.

According to Bank of Japan data, Japan's nominal effective exchange rate index fell to a fresh low on July 23, reflecting broad weakness of the yen against the euro, pound sterling, and major Asian currencies beyond the dollar. The trade-weighted measure signals that yen depreciation is pushing up i

According to Swift data, China's yuan accounted for 3.1% of global payments in June, rising from 2.75% in the previous month.

On July 23, Bitcoin rose to $66,180, but the rebound momentum clearly slowed. Semiconductor stocks have gained 69% since the beginning of 2026, while Bitcoin is down 25% over the same period, showing a structural split in fund flows. The main macro factors suppressing the rebound span three areas: the Federal Reserve’s June meeting minutes directly attributing inflation pressure to AI investments; the 10-year U.S. Treasury yield nearing 4.66%; and ongoing geopolitical risk in the Strait of Hormu

According to Yonhap Infomacs, on July 23, South Korea's credit card and capital companies faced tightened conditions as mid-tier loan rate ceilings were lowered. Card companies' ceiling rates fell from 12.33% to 12.26% for the second half of the year, while capital firms' rates dropped from 15.50% t

According to Yonhapinfomax, South Korea's bond market faced weakness on July 23 as foreign investors sold approximately 8,000 3-year government bond futures contracts, the day before the release of Q2 national income statistics. Market participants expect the data to exceed consensus forecasts,

According to analysts reported by Jin10, on July 23, gold and silver prices continued to rise amid geopolitical tensions and shifting liquidity conditions. However, analysts from Haitong Futures and Zhongsheng Futures noted that the rebound height may be limited as markets await further clarity on t

Japan's 10-year government bond yield rose 2.0 basis points to 2.755% on July 23.

According to overseas brokers, the USD/KRW 1-month NDF fell to 1,476.50 won overnight (July 22), down 2.90 won from Seoul's spot market close of 1,480.10 won. The decline was driven by dollar weakness, euro strength, and expectations of a positive surprise in South Korea's second-quarter GDP data.

According to Daishin Securities, the yen-dollar exchange rate surpassed 163 yen this morning, marking the lowest level since the mid-1980s. The weaker yen reflects structural tensions between the Bank of Japan's monetary policy normalization efforts and Japan's Ministry of Finance attempts to

According to Yonhap Infomax, the U.S. dollar index fell to 101.122 on July 22 afternoon (ET), down 0.057 points (-0.056%). The euro rose 0.084% to 1.14112 against the dollar, while dollar-yen fell to 163.148. Euro strength reflected elevated inflation concerns in the eurozone following surging