DXY & Forex

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

Over the past 1.5 months, the dollar strengthened approximately 170 won against the Korean won, prompting individuals and companies to increase their dollar holdings. Individuals are taking advantage of lower dollar prices for currency trading gains, while companies are securing dollars for raw mate

According to strategists led by Alejandra Vazquez Plata at Citi, the U.S. Department of Treasury may not expand coupon-bearing debt auction sizes until February 2028. The team pushed back its previous estimate of May 2027 following an unexpected announcement by the Treasury to expand buyback

US stock indices posted mixed results on Friday, with the S&P 500 rising 0.4%, the Nasdaq 100 gaining 0.3%, and the Dow Jones Industrial Average climbing 1%, driven by positive business-activity data from an S&P Global gauge showing the fastest growth pace in more than four years. Despite Friday's g

According to sources, U.S. Commerce Secretary Howard Lutnick has expressed dissatisfaction with the current U.S.-Canada trade agreement draft as negotiations approach their final stage. Lutnick is reportedly pushing for modifications, specifically opposing a proposal to reduce tariffs on Canadian

On Friday (August 21) at New York close, the U.S. 10-year benchmark Treasury yield rose 2.99 basis points to 4.7339%, while the 2-year Treasury yield climbed 5.05 basis points to 4.2359%. The 10-year yield traded between 4.6308% and 4.7458% for the week, gaining 4.18 basis points cumulatively,

According to Jin10, President Trump on August 22 denied instructing U.S. Treasury Secretary Bessent to intervene in the bond market, saying "absolutely not." Trump attributed the $40 trillion national debt to problems "existing for 35 years" and stated the solution lies in "growth," adding that the

Samsung Electronics and SK Hynix announced major shareholder return programs that analysts project could contribute to further declines in the won-dollar exchange rate. Samsung Electronics decided on the previous day to implement a shareholder return program of approximately 90-110 trillion won

Brazil's Industry and Trade Minister will meet with U.S. Trade Representative Katherine Giroux next week, according to the ministry announcement.