DXY & Forex

According to the U.S. Department of Labor, non-farm payroll employment increased by 162,000 in August, significantly exceeding the market consensus forecast of 56,000, creating a surprise that sparked a selloff in major U.S. equity indices on September 4. The Dow Jones Industrial Average

According to Guru Club, on September 7, the Korean won rose to its highest level against the US dollar since October 7, 2024.

According to data from Japan's Finance Ministry released on September 7, Japan likely sold foreign securities including U.S. Treasuries in August to raise funds for record-level yen intervention. Foreign securities held by Tokyo fell by $87.8 billion at the end of August compared to the previous

According to Korean Economy TV, stronger-than-expected U.S. employment data over the weekend lifted market expectations for a Fed rate hike in September to 60% from 49%, pressuring risk assets. Bitcoin tumbled to $79,000 before recovering to test $80,000, while gold dropped below $4,500 per troy

South Korean automakers Hyundai and Kia face earnings pressure in Q4 as won appreciation erodes export profitability, according to Yuanta Securities researcher Kim Yong-min on September 7. Kim stated that Q3/Q4 results will see foreign currency reserve reductions offset losses, but Q4 will fully

SK Securities analyst Shin Yun-jeong stated in a September 7 report that US August employment data, while stronger than expected, does not independently justify Federal Reserve rate hikes. US non-farm payrolls rose 162,000 in August, significantly exceeding

According to Goldman Sachs, on September 7, the rationale for tactically buying the Japanese yen has strengthened following recent yen appreciation. The firm cited market expectations of Bank of Japan monetary tightening in September, potential shifts in Japanese capital flows, and further

According to Hana Securities, South Korean bank stocks outperformed the broader market last week (Sept 7), with the banking sector index rising 0.1% against a 1.5% decline in the KOSPI. The gains were driven by dollar-won strengthening to the 1,350+ level and rising U.S. Treasury yields, with the 2-

US August non-farm payrolls surged to 162,000 new jobs, tripling the market consensus of 56,000, according to data released over the weekend. The unexpected employment strength triggered renewed Federal Reserve rate hike concerns, pushing the probability of a September 0.25 percentage point

According to Yonhap Infomax, 21 South Korean securities firms issued KRW 10.3585 trillion (approximately $7.9 billion USD) in commercial paper and short-term bonds during the week of August 31 to September 4. Hana Securities led with KRW 4.15 trillion, followed by DB Securities at KRW 1.01 trillion

KOSPI closed at 6687.21 on September 4, up 107.73 points or 1.64%, while KOSDAQ rose 23.29 points or 2.95% to 813.50, according to Newsis. The rally occurred despite US markets declining on September 4 (local time) following stronger-than-expected August employment data that raised interest rate

iM Securities researcher Kim Jun-young released a report on September 7 stating that rising interest rates do not inherently create a negative environment for stocks, despite recent volatility in global government bond yields. Kim explained the current rate increases accompany rising nominal

The dollar-won 1-month non-deliverable forward (NDF) closed at 1,344.80 won on the night of September 4, down 5.15 won from the previous Seoul session close of 1,350.40 won after adjusting for swap points, according to overseas brokers. The decline came as the US dollar strengthened following

According to Yonhapinfomax, the dollar-won 1-month forward contract fell to 1,344.80 Korean won overnight on September 7, down 5.15 won from Seoul's previous close of 1,350.40 won. The decline comes as U.S. non-farm payrolls surged 162,000 in August, nearly triple the market expectation of 56,000, s

According to Bank of America chief equity strategist Michael Hartnett in a Friday strategy report, with Trump's approval rating at 35-40%, Democrats face growing odds of gaining full control of Congress in midterm elections. Hartnett warned this would trigger a major risk-off event, driving U.S.

According to Jin10, a market preview for Monday, September 7, 2026, outlines the expected performance of major currency pairs across global markets. The daily overview provides traders and investors with guidance on currency pair movements for the trading

According to CME Federal Reserve Watch data reported by Jin10 on September 7, the market is pricing in a 58.3% probability that the Federal Reserve will raise rates by 25 basis points in September, with a 41.7% probability of holding rates steady. For October, the market expects a 30.1% probability

The won-dollar exchange rate fell to 1345.0 won intraday on September 4, a 254.2 won decline from the July 1 high of 1599.2 won. The intraday low represents the weakest level for the dollar since October 8 2024 when the rate touched 1344.6 won, according to data from MPDoctor. The rapid won

According to E-Daily, South Korea's won-dollar exchange rate fell to 1,345 won on September 4, marking the lowest level in roughly 23 months and declining over 250 won in just two months from July's peak of 1,599.2 won. Market focus has shifted from concern about sustained high exchange rates to

Federal Reserve Chair Kevin Warsh warned on August 28 at Jackson Hole that interest rates could rise if inflation fails to move toward the 2% target. The PCE inflation gauge, the Fed's preferred measure, stood at 3.7% year-over-year as of July, with a six-month annualized reading of 4.1%.