DXY & Forex

On Oct. 16, President Trump issued an executive order waiving Russia-related sanctions and tariffs authorized under the recently enacted Graham Act, signed into law on Sept. 18. The waiver comes roughly a week after an administration diesel deal with Russia. The Graham Act allows the president to w

According to the People's Bank of China, Governor Pan Gongsheng met with central bank leaders from Thailand, Indonesia, Malaysia, India, Australia, Turkey, Egypt, Nigeria, and Georgia during October 14–16 while attending the International Monetary Fund and World Bank annual meeting. The officials

According to Jin10, on October 15, Bank of China's Colombo branch was designated as the yuan clearing bank for Sri Lanka, with the unveiling ceremony held in Colombo attended by over 200 representatives from Sri Lankan government departments and Chinese and Sri Lankan enterprises and financial

According to BlockBeats reporting Fidelity Digital Assets analysis, Bitcoin's correlation with U.S. 10-year real interest rates reached 0.6 or higher in 2026, marking a historic high, as Treasury yields climbed to their highest level since Bitcoin's inception. Over the past two months, Bitcoin

According to Seeking Alpha, BofA Securities strategist Michael Hartnett shifted to a more risk-averse positioning, warning that market risks will increase over the next three to four weeks amid mounting economic, political, and credit market pressures. Hartnett cited multiple destabilizing

Samsung Securities analyst Kim Eun-ki forecast on October 17 that South Korean commercial paper (CP) rates may exceed 4% by year-end as short-term money markets tighten. The projection stems from the high probability of an additional base rate increase at the November 26 Monetary Policy Committee me

According to Samsung Securities today (October 17), South Korea's commercial paper (CP) rates could exceed 4% by year-end as short-term money markets tighten. The 91-day CP rate stood at 3.66% on October 15, up 26 basis points from the start of the month, per Yonhap Infomax. Researcher Kim Eun-ki

The USD-KRW 1-month non-deliverable forward (NDF) rose to 1,333.70 won (MID) on October 17, up 3.30 won from the Seoul foreign exchange market spot close of 1,331.40 won after adjusting for the 1-month swap point of -1.00 won, according to overseas brokers. The dollar weakened following Federal

According to Yonhapinfomax, on October 17, the dollar-won 1-month NDF rate rose to 1,333.70 won (mid-price), up 3.30 won from the previous day's Seoul spot close of 1,331.40 won after accounting for a -1.00 won swap point. The bid price was 1,333.50 won and the ask price was 1,333.90 won. The U.S.

According to Yonhapinfomax, the USD/KRW exchange rate fell to 1,331.40 won on October 17, marking its lowest level in two years, as Federal Reserve Chair Kevin Warsh signaled a cautious stance on rate hikes. Warsh told IMF Chief Kristalina Georgieva that the Fed does not pre-commit to policy paths a

Shinhan Investment & Securities researchers Kim Chan-hee and Ko Da-young released a report on October 17 forecasting a gradual bullish trend in South Korea's treasury bond market in the first half of next year, driven by clarity on the Bank of Korea's final base rate trajectory and execution of

The Bank of Korea projected that US long-term interest rates, stock prices, and the dollar would decline if Democrats win control of both the Senate and House in the midterm elections scheduled for November 3, according to a recent report. The BOK's Washington office and New York office attributed t

According to Bank of Korea, if Republicans win both chambers in the U.S. midterm elections on November 3, long-term interest rates, stock prices, and the dollar would all strengthen, supported by expanded fiscal deficits and pro-business policies. Conversely, a Democratic sweep across both chambers

The US dollar weakened on October 16 following remarks by Federal Reserve Chair Kevin Warsh stating he would not pre-judge policy decisions at the upcoming October Federal Open Market Committee meeting. Warsh told IMF Managing Director Kristalina Georgieva he does not believe in signaling actions

Korea Investment & Securities analyst Ahn Jae-kyun issued a report on October 17 predicting the Bank of Korea will freeze its benchmark rate in October while maintaining a hawkish policy tone, with one dissenting vote

According to a report from Korea Investment & Securities released on October 17, South Korea's central bank is expected to hold its base rate steady in October, though policy guidance may lean hawkish given elevated inflation expectations. The research institute projects a rate hike is possible in

According to Citigroup strategists, the U.S. Treasury may reduce issuance of 20-year and 30-year Treasury bonds by $3 billion each during its November 4 quarterly refunding announcement. The forecast is based on survey questions sent by the Treasury to primary dealers on Friday, October 10,

The U.S. dollar fell on Friday (October 16), marking its first weekly decline against the euro and yen in over a month as market expectations for Federal Reserve rate hikes cooled and AI-driven stock selloffs raised investor concerns. The dollar index (DXY) fell 0.17% to 101.87, declining 0.35% for

On Friday (October 16), two-year U.S. Treasury yields fell 2.99 basis points to 4.7083%, according to market data. The decline followed Federal Reserve Chair Powell's dovish remarks in Bangkok earlier in the session. Two-year yields posted a weekly loss of 7.87 basis points, marking the third

On Friday, Oct 16 at New York close, offshore Chinese yuan (CNH) traded at 6.6863 against the US dollar, up 31 pips from Thursday close. This week the CNH gained approximately 0.1%, trading within the 6.6918-6.6831 range throughout the