DXY & Forex

According to Guru Club, on September 8, the Japanese yen climbed 0.3% to 153.94 per U.S. dollar, reaching its highest level since February.

According to Bloomberg, Indonesia's wealthiest Hartono family has invested at least $1.4 billion overseas recently, a significant shift from their traditional domestic wealth focus. The family is funneling capital through entities based in Singapore and London as part of broader capital outflows fro

According to Yonhap Infomax, credit spreads on unsecured corporate bonds (grade AA-) in South Korea expanded to 67.3 basis points as of September 4, up from 50.7bp at the start of 2026. The widening spreads, driven by heightened short-term money market volatility amid Chuseok holiday demand and

According to Guru Club, on September 8, Japanese yen strengthened to its highest level since February 2026, surging to 154.06 per U.S. dollar during London trading hours with intraday gains exceeding 1.4%. The last time yen reached this level was on February 23. Market participants attributed the

According to Bank of America, Chief Equity Strategist Michael Hartnett warned on Friday that with Trump's approval rating at 35%-40%, Democrats have a rising chance of controlling both the Senate and House in the midterm elections. Hartnett predicted this would trigger a major risk-off event,

The Federal Reserve enters a blackout period ahead of the September 15-16 FOMC monetary policy meeting, while the European Central Bank enters a silent period before its September 10 rate decision. Key economic releases today in Beijing time include South Korea's Q2

South Korean retail investors purchased $1.82 billion in US Treasury bonds in August, the largest monthly amount since records began in 2011, according to Korea Securities Depository data released on September 7. The buying spree was driven by won appreciation from 1550 per dollar in early July to 1

According to Jin10, citing CME Fed Watch data on September 8, the Federal Reserve has a 39.6% probability of holding rates steady in September and a 60.4% probability of raising rates by 25 basis points. For October, the probability of no rate change stands at 29.1%, with a 54.9% chance of a 25 bas

According to Robin Brooks, a senior fellow at the Brookings Institution, U.S. long-term Treasury yields are signaling deeper market stress than headlines suggest. Writing this week on Substack, Brooks noted that yields have continued rising despite recent weak economic data, which traditionally

Japan's 10-year government bond yield climbed to 3% on September 1, marking the first time the country has reached this threshold since 1996. The milestone caps a dramatic repricing that has added more than 1.4 percentage points to the benchmark yield since August 2025. Three forces are converging s

Japan's 10-year government bond yield reached 3% on September 1, marking the first time the country has touched this level since 1996. The benchmark yield has climbed more than 1.4 percentage points since August 2025, a significant repricing in a country where negative interest rates were the norm

Foreign investors net purchased approximately 4.7 trillion won in KOSPI stocks over the recent 3 trading days, according to Korea Exchange data. The buying trend emerged as the won-dollar exchange rate declined from over 1500 won in early July to the 1300 won range, with the previous trading day's c

According to NEWSIS, foreign investors purchased approximately 4.7 trillion Korean won worth of KOSPI stocks over the past three trading days as of September 7, marking a significant reversal from their massive sell-offs in July and August. The Korean won strengthened to 1,340.5 per U.S. dollar, the

Three South Korean K-beauty exchange-traded funds recorded the worst weekly performance among domestic ETFs as the won-dollar exchange rate plunged over the past week. SOL화장품TOP3플러스, TIGER화장품, and HANARO K-뷰티 declined 12.70%, 11.64%, and 9.87% respectively during the period, according to ETF체크.

According to News1, over the past week as of September 6, South Korea's K-Beauty ETFs recorded negative returns amid a sharp appreciation of the Korean won. SOL Cosmetics TOP3 Plus fell 12.70%, TIGER Cosmetics declined 11.64%, and HANARO K-Beauty dropped 9.87%, ranking as the three

According to Seoul Economic, on September 7, South Korea's won-to-dollar exchange rate fell to 1334.7 during intraday trading, marking the year's lowest level. The currency declined over 220 won from its June 5 peak of 1561.5 won. Massive dollar-selling orders emerged immediately after market

On Monday (Sept 7) at the New York close, USD/JPY fell 1.20% to 154.38, marking a decline across the entire trading session with a range of 156.28-154.06. EUR/JPY dropped 1.13% to 179.42, while GBP/JPY declined 1.06% to 209.038.

On Monday (September 7) at NYSE close, the ICE U.S. Dollar Index fell 0.25% to 98.925, with the daily trading range between 99.209 and 98.832. The decline accelerated around 4:00 PM Beijing time. The Bloomberg Dollar Spot Index (U.S. benchmark currency index) dropped 0.20% to 1188.20, trading betwee

According to Jin10 data, the U.S. Dollar Index fell 0.27% on Sept. 8, closing at 98.914 at the close of the New York forex market. The euro strengthened to 1.1624 USD from 1.1611 USD, while sterling rose to 1.3542 USD from 1.3514 USD. The yen appreciated to 154.34 per USD from 156.22, and the

According to Henry Allen, a strategist at Deutsche Bank, traders have underestimated the extent of rate hikes required to curb inflation pressure. Allen noted a fundamental disconnect between limited expectations for Federal Reserve and European Central Bank rate hikes and rising inflationary pressu