DXY & Forex

South Korean Vice Finance Minister Heo Jang held a meeting with major export companies on the 21st to discuss foreign exchange market stabilization, requesting increased foreign currency conversion and repatriation of overseas funds. The meeting aimed to solidify recent improvements in foreign excha

Sri Lanka's central bank reported that the country's inflation rate accelerated to 6.8% in June 2026, marking an uptick from the previous month.

The Bank for International Settlements (BIS) research team released Working Paper No. 1370, analyzing data on foreign-currency deposits and inflows of USD-pegged stablecoins across more than 130 economies. It found that USD stablecoins are spreading through “digital dollarization” mechanisms in emerging markets, and that stablecoin inflows show almost no response to capital controls and foreign-exchange restrictions because “part of the stablecoin circulation remains outside the regulatory perim

The Thai baht weakened to 33.775 against the U.S. dollar, marking its lowest level since mid-April 2025.

South Korean Minister of Trade, Industry and Energy Kim Jung-kwan visits Washington D.C. from the 22nd to the 25th to meet US Commerce Secretary Howard Lutnick. Trade Representative Yeo Han-koo accompanies the visit to discuss the US government's planned Section 301 tariffs. The US Trade Representat

Seoul forex dealers forecast the Korean won will face depreciation pressure on May 22 due to unresolved Middle East geopolitical tensions, but dollar selling from exporters and foreign stock purchases will cap exchange rate gains. Persistent US-Iran conflict emerged as the primary driver of won

According to South Korea's Ministry of Industry, Trade and Resources, Industry Minister Kim Jung-gwan is visiting Washington, D.C., from July 22 to 25 to discuss trade negotiations with U.S. Commerce Secretary Howard Lutnick and other officials. The delegation, led by Minister Kim and Trade

Bitcoin’s short-term rebound lacks momentum, temporarily around $66,470 as of July 22. There is disagreement over which authority will enforce the moral provisions of the CLARITY Act, with Democrats dissatisfied with the details of President Trump’s concessions. The crypto ethics rules backed by Trump will be enforced by the Department of Justice and will prohibit federal officials from issuing digital assets. Galaxy Digital launches a Bitcoin quantum-safe initiative, setting aside $5 million to

China's central bank conducted 76 billion yuan in 7-day reverse repurchase operations today. The bid volume and settlement amount both reached 76 billion yuan, with the operation rate held steady at 1.40% from the previous operation.

According to Jin10 data, China's central bank conducted 76 billion yuan in 7-day reverse repo operations on July 22, with 426.5 billion yuan in maturing repos, resulting in a net drain of 350.5 billion yuan from the

China's yuan mid-market fixing weakened to 6.7933 against the US dollar today (July 22), down 16 points from the previous trading day's fixing of 6.7917. The official closing rate on the previous day was 6.7668, while the offshore market closed at 6.7665.

On July 22, the interbank foreign exchange market set the yuan's central parity against the US dollar at 6.7933, up 16 basis points, indicating yuan depreciation. The euro fell to 7.7345 per yuan, down 73 basis points, while the British pound declined to 9.0744 per yuan, down 339 basis points. The

Today, Japan's 30-year government bond yield rose 1.5 basis points to 3.9%.

Seoul bond market participants monitored US-Iran war developments and international oil prices on the 22nd, as June producer price index data showed flat month-over-month growth and the Bank of Korea assessed ongoing upward inflation pressure from Middle East conflict secondary effects. Foreign

Samsung Biologics announced on the 20th a public tender offer to acquire all shares of Polypeptide Group, a Swiss-listed contract development and manufacturing organization (CDMO), for approximately 1.46 billion Swiss francs (about 2.7 trillion won), marking the largest merger and acquisition in

According to Jin10 Futures, the CFETS-NEX onshore yuan funding sentiment index fell to 47 as of 08:45 on July 22, declining 1 point from 16:00 on July 21. By institution type, the index for large-sized banks, medium and small banks, and non-bank institutions stood at 46, 48, and 46 respectively,

Lotte Chilsung Beverage's second-quarter earnings this year are expected to show modest profit declines despite strong product sales. A forecast compiled by Yonhap Infomax on the 22nd attributed the decline to increased cost burdens from the Middle East war and won weakness. Analysts noted that the

South Korea's agricultural, livestock, and fishery import price index rose 10.8% in June compared to the same month last year, marking the first double-digit increase in 42 months, according to data from the Korea Trade Statistics Promotion Agency released on July 22. The surge was driven by the

According to Korea Trade Statistics Promotion Agency, in June, the agricultural import price index rose 10.8% year-on-year to 128.3, marking the highest monthly increase since December 2022. The surge was primarily driven by a stronger dollar, with the USD-KRW exchange rate reaching an average

US 2-year Treasury yields surged over 80 basis points since late February to 4.2063%, significantly exceeding the Federal Reserve's current policy rate range of 3.5% to 3.75%. The yield spike reflects investors pricing in imminent rate hikes through actual market positioning, with the Bloomberg US F