DXY & Forex

Bank of Korea researcher Yoon Jin-woon published a BOK Economic Research Insight report arguing that monetary policy must precisely reflect financial vulnerability and economic agents' expectation formation methods. The report states that high financial vulnerability can amplify shocks to the financ

According to the Bank of Korea, the central bank released an economic research report on September 5 outlining how monetary policy should account for financial vulnerabilities and expectations formation among economic agents. The report, authored by Yoon Jin-woon of the BOK's Institute for

Seoul foreign exchange market participants reversed their dollar trading stance between late June and early September, shifting from paying a 0.15 won premium above the market average rate (MAR) on June 26 to accepting a 0.15 won discount on September 4. The USD-KRW exchange rate fell 212 won

According to Shinhan Investment & Securities, South Korea's Korea Land and Housing Corporation (LH) is projected to sharply increase its debt on September 5. The corporation's debt is now forecast to reach 334.8 trillion won by 2029 and 372.8 trillion won by 2030, up from the prior year's estimate o

The Bank of Korea is expected to hold its benchmark interest rate in October before raising it to 3.25% in November, according to an iM Securities analysis released on September 5. Analyst Kim Myung-sil cited persistent financial imbalance risks including household debt and housing market

According to iM Securities analyst Kim Myung-sil on September 5, South Korea's central bank is expected to hold its policy rate in October before raising it to 3.25% in November. The analyst noted that financial imbalances including household debt and housing market instability continue amid

Park Jun-woo, a researcher at Hana Securities, assessed that South Korea's 2027 budget proposal avoids the worst-case scenario for the bond market but is more likely to create upward pressure on interest rates than downward. In a report titled '2027 Budget Proposal - The Paradox of Fiscal Balance

According to Hana Securities analyst Park Jun-woo on September 5, South Korea's 2027 budget plan reduces net government bond issuance to 96.3 trillion won from 109.4 trillion won this year, a decrease of 13.1 trillion won. However, fiscal expenditure will rise to 820.9 trillion won, up 12.8% from th

Revolut received conditional approval from the Office of the Comptroller of the Currency for a U.S. bank charter, marking a major step toward becoming a full-service U.S. bank. The U.K.-based fintech company, which serves more than 80 million customers, secured the approval in six months and is

Revolut received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Revolut Bank US in Stamford, Connecticut, with a proposed launch in the first half of 2027. The company still requires approvals from the Federal Deposit Insurance Corporation, the Federal

US Treasury yields paused their sharp ascent on May 3 (local time) after Federal Reserve Governor Christopher Waller signaled willingness to maintain the current policy rate, offering temporary relief to global bond markets. The 10-year US Treasury yield closed at 4.761%, down 3 basis points from th

According to Newsis citing Nikkei, global long-term bond yields surged to multi-year highs on May 3, 2026, reflecting structural capital-raising pressures from government deficits and big tech AI investment financing. The US 10-year Treasury closed at 4.761%, down 3 basis points from the previous

US stocks declined on September 4 after August non-farm payrolls surged by 162,000 jobs, far exceeding the market estimate of 56,000. The Dow Jones Industrial Average fell 271.86 points to 53,414.25, the S&P 500 dropped 29.11 points to 7,718.60, and the Nasdaq Composite declined 77.07 points to 26,5

Citi has pushed back its forecast for the Federal Reserve's first rate cut to June 2027, up from an earlier projection of October 2026, after stronger-than-expected U.S. employment data in August. The U.S. economy added 162,000 nonfarm jobs in August, exceeding market expectations, while the

The US dollar strengthened against major currencies on September 4th as robust US employment data drove short-term Treasury yields higher while the Canadian dollar weakened on disappointing jobs figures. The dollar index rose 0.180%

According to Yonhapinfomax, on September 4 afternoon (US Eastern Time), the U.S. dollar strengthened as better-than-expected employment data boosted expectations for Federal Reserve policy action. The dollar index (DXY) rose 0.18% to 99.145. The

Gold prices in Korea rebounded on the 4th, with the Korea Gold Exchange reporting gold per don (3.75g) rose 5,000 won (0.58%) to 865,000 won. International gold prices surged past $4,500 per ounce as US Treasury yields stabilized and Federal Reserve officials delivered dovish remarks, triggering

US Treasury yields rose on September 4, with short-term bonds underperforming, after August non-farm payrolls showed employment increased by 162,000. The figure nearly tripled the market expectation of 56,000 and exceeded the upper range of analyst forecasts. The stronger-than-expected jobs report s

US President Donald Trump on May 4 (local time) stated at the White House that US interest rates should be at 1% or 0.5% instead of the current level near 4%. Trump argued the US should have the lowest rates in the world as it did 25-30 years ago, dismissing the view that rate hikes would

Hedge funds accumulated net short positions of approximately 138,000 contracts in Japanese yen futures as of June 30, 2026, the highest level since 2007, according to CFTC data. The yen subsequently strengthened sharply, triggering a rapid position unwind. Coordinated intervention by Japan's