DXY & Forex

According to Federal Reserve Bank of New York data, the Secured Overnight Financing Rate (SOFR) stood at 3.88% on October 21, unchanged from the previous trading day. The effective federal funds rate also remained at 3.88%, with no change from the prior day.

According to Yonhapinfomax, on October 22, the USD/KRW exchange rate declined to 1,324.60 won, down 0.60 won from the previous session. This marks the lowest closing level in Seoul since October 2, 2024. The Bank of Korea held its base rate steady at 3% in a unanimous decision by its monetary

U.S. 2-year and 10-year Treasury yields declined 10 basis points intraday on October 22.

According to ICE data services, Meta Platforms' five-year credit default swap (CDS) price surged 8.9 basis points to approximately 119.3 basis points per year on October 22, hitting a record intraday high

As of the week ending Oct 16, Russia's central bank gold and foreign exchange reserves fell to $723.2 billion from $723.5 billion in the prior week.

HSBC warned on October 21 that Ripple Prime's expansion into round-the-clock stock and commodity derivatives trading faces liquidity constraints that could prevent large financial institutions from fully adopting the service. The warning follows Ripple's October 15 launch of perpetual swaps linked t

According to CoinDesk, on October 21, HSBC warned that thin liquidity could prevent large financial institutions from fully embracing Ripple Prime's new perpetual swaps service for round-the-clock stock and commodity derivatives trading. HSBC's head of digital assets research, Daragh Maher,

US Stock Market News on Treasury yields points to a potential breakout as BMO Capital Markets assesses the Federal Reserve's upcoming policy meeting on Oct. 28 (4:00 PM ET / 1:30 AM IST next day) as a major catalyst for bond markets. According to BMO's report published on Wednesday, the spread

The yen strengthened against all major currencies on Thursday (Oct 22) amid global stock selloff and rising risk-off sentiment. USD/JPY rose 0.9% to 156.69, reaching its strongest level since late September, while the yen gained 1.1% against the euro and about 0.5% against the Swiss franc. Traders n

EUR/USD touched 1.12 today, declining 0.28% during the session.

Turkey's Central Bank cut its benchmark repurchase rate to 36.00% today, meeting market expectations.

According to a report by Hana Securities strategist Sung-soo, the Bank of Korea may hike interest rates twice more within the current policy cycle. After maintaining rates unchanged without offering clear forward guidance, policymakers appear satisfied with the market's pricing of the policy rate

The Korean won's real effective exchange rate (REER) rose to 92.73 in September, up 3.2% from 89.89 in August, according to Bank of International Settlements (BIS) data released on October 22. The increase marks the third consecutive monthly gain since hitting a low of 83.04 in June. Bank of Korea

According to the Bank for International Settlements (BIS), South Korea's won strengthened in September, with the real effective exchange rate rising to 92.73, up 3.2% from August's 89.89. The index has now risen for three consecutive months since hitting a low of 83.04 in June, signaling a gradual e

According to Hirofumi Suzuki, chief FX strategist at Sumitomo Mitsui Banking Corporation, the Japanese yen outperformed major currencies on Thursday, with the euro-yen pair falling 0.9% to 176.02 yen, marking its lowest level since November 5, 2025. The dollar-yen exchange rate also declined 0.9% to

Onshore yuan closed at 6.6727 against the U.S. dollar on October 22 at 4:30 PM, rising 50 basis points from the previous trading session.

The Bank of Japan is expected to keep its benchmark interest rate unchanged at its monetary policy meeting scheduled for October 29-30. Nikkei reported on October 22 that a majority of the central bank's nine policy board members are expected to support holding rates steady. The BOJ is likely to

According to ChainCatcher, France's 10-year government bond yield spread over German bonds hit a 15-year high of 160.9 basis points today (October 22). The French 10-year yield rose 6 basis points to 5.0601%, marking its highest level since

According to Jin10, on October 22, French 10-year government bond yields hit 5.084%, surpassing U.S. Treasury yields for the first time since 2013.

On October 22, the Philippine peso fell to a historic low of 63.439 against the U.S. dollar.