DXY & Forex

According to CME Fed Watch tool data released on August 22, the Federal Reserve has a 59.9% probability of maintaining interest rates unchanged at its September meeting, with a 40.1% probability of raising rates by 25 basis points. For October, market expectations show a 45.3% probability of no rat

The USD-KRW 1-month NDF closed at 1,385.80 won (MID) on the night of the 22nd, down 0.55 won from the previous Seoul spot market close of 1,386.50 won, according to overseas brokers. The decline reflects ongoing geopolitical uncertainty as negotiations over the reopening of the Strait of Hormuz

According to Jin10, President Trump addressed the U.S. national debt surpassing 40 trillion dollars on August 22, stating the issue "has existed for 35 years" and can be solved "through growth," as the U.S. is currently experiencing "very strong growth." When asked if he had directed Treasury

The USD-KRW exchange rate traded at 1,386.20 won at 6 AM on the 22nd, down 0.30 won from the previous Seoul trading session close of 1,386.50 won. The won's weekly decline of 30.60 won marked its first close in the 1,300-range in 11 months, driven by export company negotiation volumes and offshore s

According to Yonhapinfomax, the USD/KRW exchange rate traded at 1,386.20 won as of 6 a.m. on August 22, falling 30.60 won over the week—marking the first close below 1,390 won in 11 months. Export-related selling and offshore pressure drove the pair to a low of 1,380.30 won on the previous

Korean Treasury futures showed mixed performance in overnight trading as US Treasuries weakened. The 3-year futures closed unchanged at 103.13 while 10-year futures rose 21 ticks to 105.32, according to the Seoul bond market. The divergence reflected foreign investor net buying across both tenors

According to Yonhap Infomax, South Korean government bond futures showed mixed movement overnight on August 22 as U.S. Treasuries declined. The 3-year bond futures closed at 103.13, matching the previous day's session, while 10-year futures gained 21 ticks to 105.32. Foreign investors bought 24

On Friday (August 21), U.S. 30-year Treasury yields rose to 5.276%, approaching the 5.3% level, marking the second consecutive trading day of gains despite the Treasury Department's announcement earlier in the week to expand buyback operations for long-dated securities. The 10-year yield also

BCA stated in a strategic report on the 22nd that recent US Treasury yield increases under Bessenomics differ fundamentally from historical rate increases, reflecting rising fiscal and inflation premiums rather than core real rate increases. Bessenomics refers to the economic policy of US Treasury S

According to BCA's August 22 strategy report, recent U.S. Treasury yield increases reflect rising fiscal and inflation premiums rather than stronger economic growth expectations. The latest rate rises show a different pattern from past cycles—while core real rates typically climb when growth

According to BCA's latest strategy report released on August 22, U.S. Treasury yields rising above 4.5% in the next 1-2 months will exert pressure on equity markets, as sustained concurrent rises in both Treasury yields and stock

The Bank of Korea is forecast to raise its base rate by 25 basis points to 3.00% at its monetary policy committee meeting scheduled for the 27th, according to Shinhan Investment Securities on the 22nd. Analysts Kim Chan-hee and Ko Da-young expect the rate hike decision to pass but anticipate 2 commi

According to Shinhan Investment & Securities analysts Kim Chan-hee and Ko Da-young, South Korea's central bank is expected to raise its base rate by 25 basis points to 3.00% at the monetary policy meeting scheduled for August 27. The analysts anticipate that the dot plot midpoint will be

Leveraged funds increased their short positions against the Japanese yen as of May 18, according to data released by the U.S. Commodity Futures Trading Commission (CFTC) on May 21. The net short position expanded after briefly contracting following Japanese authorities' forex market intervention. Th

The US dollar declined slightly in trading on August 21, closing at 159.003 yen against the Japanese yen at 4 PM Eastern Time, down 0.115 yen (0.072%) from the prior New York close of 159.118 yen, while the Dollar Index (DXY) fell 0.052 points (0.053%) to 98.832. The decline occurred despite

According to Yonhapinfomax, on August 21 (4 p.m. ET), the U.S. dollar weakened amid concerns over the Treasury Department's expanded buyback program. The dollar-yen rate declined to 159.003 yen from 159.118 yen the previous day, while the U.S. Dollar Index fell 0.052 points to 98.832. Capital

US Treasury prices fell for a second consecutive day on August 21, with short-term securities showing slightly more weakness, resulting in a bear flattening of the yield curve. The 10-year Treasury yield rose 4.00 basis points

According to a statement from the Brazilian government, President Lula spoke with President Trump today (August 21), opposing U.S. tariffs on Brazilian goods. The two leaders discussed bilateral trade, public security cooperation, and international issues during the 80-minute conversation. Lula

The U.S. dollar experienced its worst week since late July on Friday (August 21), as the dollar index (DXY) fell 0.1% to 98.80, hovering near a three-month low, with weekly losses extending to around 0.9%. The weakness was driven by fiscal concerns and an unexpected U.S. Treasury intervention