DXY & Forex

The Bank of Korea raised its benchmark interest rate by 0.25 percentage points to 2.75% on May 16, marking the first monetary tightening since January 2023. State Street's Dweefor Evans, Head of Market Asia-Pacific Macro Strategy, noted the move was widely anticipated by markets, with investor

According to Business Insider, on July 15, economist Nouriel Roubini warned that U.S. Consumer Price Index (CPI) inflation could rise to 5-6% due to structural factors, significantly above the June rate of 3.5%. The "Dr. Doom" economist cited geopolitical tensions, particularly the U.S.-Iran

POSCO repaid approximately $360 million in dollar-denominated bonds early through a debt tender offer on the 15th, reducing its interest cost burden. The bonds were 5.75% fixed-rate 5-year notes issued in 2023 with an original maturity date of January 2028. The early repayment addresses high-interes

According to Yonhapinfomax, on July 16, U.S. producer price inflation data weakened the dollar, with June PPI falling 0.3% month-over-month, below market expectations. Seoul foreign exchange dealers forecast the USD/KRW exchange rate could decline to the 1,480-won level as inflation concerns ease.

According to industry sources, POSCO repaid approximately $358 million of its dollar-denominated bonds on July 15 through a debt tender offer, ahead of the original 2028 maturity. The 5.75% fixed-rate bonds, issued in 2023 with a total issue size of $1 billion, were redeemed about 18 months early. T

Natixis’ U.S. chief economist, Hodge, said that for the remainder of 2026, the Fed will prioritize inflation, but will not immediately pivot, with expectations that the pause will be extended. If the next two CPI prints come in above expectations, Warsh’s hawkish stance may be forced to raise rates. He emphasized that housing carries about 35% weight in the CPI, while wage growth is 3%–3.5%, which should help move toward the inflation target of 2% . At the same time, global de-dollarization and increased gold buying are driven mainly by uncertainty around U.S. policies.

According to the Bank of Korea, the country's core inflation rate this year is expected to be slightly higher than the previously forecasted 2.4%.

The Bank of Korea approved its interest rate decision by unanimous vote on Thursday, according to an official statement from the central bank.

According to Robin Brooks, a senior fellow at the Brookings Institution and former Goldman Sachs FX strategist, the dollar avoided a steeper decline on July 15 primarily due to geopolitical risks driving oil prices higher. Brooks noted that core U.S. inflation has already retreated to a mild

According to the People's Bank of China, the central bank conducted 626 billion CNY of 7-day reverse repurchase operations today (July 16), with both the bid volume and winning volume of 626 billion CNY each, at an operating rate of 1.40%, unchanged from the previous

China's interbank foreign exchange market reported the following midpoint rates on July 16. The US dollar weakened against the yuan to 6.7909, down 1 point. The euro strengthened to 7.7690, up 199 points; the British pound rose to 9.1703, up 864 points; the Australian dollar climbed to 4.7446, up 14

Japan's Finance Minister Kaio Katayama stated today that the government will take appropriate action on foreign exchange markets whenever necessary. The statement reflects Japan's readiness to respond to market volatility and currency fluctuations through timely policy

According to Kyodo News, Japan's Lower House passed the Second Capital Bill proposed by the ruling coalition.

The Bank of Korea conducted its first base rate hike on the 16th, with Seoul bond markets now focused on Governor Shin Hyun-song's remarks regarding future monetary policy direction. The central bank signaled the move clearly through multiple channels, including Vice Governor Yoo Sang-dae's May

IBK Investment & Securities economist Jung Yong-taek issued an analysis report on the 16th indicating that Korea's GDP growth expectations may soon reach an inflection point, as the Bank of Korea's News Sentiment Index has shown a clear downward shift after peaking in the first half of this year.

According to Yonhapinfomax, South Korea's central bank raised its benchmark rate for the first time on July 16, with the 1-year IRS (interest rate swap) rate climbing to 3.46%, about 100 basis points above the new benchmark level. The move concluded months of policy signaling that began in May, with

Retail brokers face a critical retention challenge in the first 90 days after a client's initial deposit, according to industry executives Brian Myers, CEO of VCG Markets, and Milica Nikolic, Trading Product Operations Team Leader at Exness. New traders experience an early collision between

Shinhan Securities released a report on July 16 assessing South Korea's external financial soundness through 13 indicators, concluding that the country's external health remains very good despite the foreign exchange reserves-to-short-term external debt ratio surpassing 40%. The analysis addresses m

According to China Galaxy Securities, June U.S. CPI came in at 3.25% year-on-year, with core CPI at 2.6%, both significantly below market expectations of 3.8% and 2.9% respectively. The decline was driven by weaker energy prices following the reopening of the Strait of Hormuz, softening tariff

According to a report by Shinheung Securities analyst Cho Yong-gu released on July 16, most of South Korea's 13 external soundness indicators remain at very healthy levels despite short-term external debt climbing above 40% of foreign exchange reserves. As of Q1 2026, foreign exchange reserves