DXY & Forex

According to Seoul bond market data on July 9, South Korea's 1-year interest rate swap (IRS) rate fell 1.50 basis points to 3.43% as of 4:27 PM, with longer maturities showing mixed performance. The 5-year IRS declined 0.25bp to 3.96%, while the 10-year IRS dropped 0.50bp to 4.055%. The decline

The USD-KRW exchange rate rebounded to 1,506.10 won as of 3:30 PM, up 7.60 won from the previous close of 1,498.50 won. The rate tested support below 1,500 won earlier in the session. Foreign investors' net purchase of 130 billion won in Korean stocks and less hawkish US June FOMC minutes

According to Yonhapinfomax, the USD/KRW exchange rate on July 9 rose to 1,506.10 won at 3:30 PM Seoul time, up 7.60 won from the previous day's close of 1,498.50 won. The currency pair tested a low of 1,496.80 won earlier in the session, the lowest level since May 29, before recovering to close in t

Vantage Markets secured a Category 5 licence from the United Arab Emirates' Capital Market Authority, strengthening its regulatory presence in the Middle East as global brokers compete for regional expansion. The approval allows Vantage Global Financial Services L.L.C. to operate as a licensed

Vantage Markets obtained a Category 5 license from the United Arab Emirates' Capital Market Authority, enabling its local entity to operate as a licensed introducer in the UAE. The license allows Vantage Global Financial Services L.L.C. to introduce clients to the broker's regulated services but

According to Yonhapinfomax, South Korea's FX swap points declined across all maturities on July 9 as asset swap supply outweighed demand. The 1-year maturity closed at -14.80 won, down 0.30 won from opening; the 6-month maturity fell to -7.60 won, and the 3-month maturity settled at -3.60 won.

According to E-Daily, SK Hynix is set to list its American Depositary Receipts on July 10, with approximately $24.5 billion in capital. Rather than converting all funds at once, the company plans to supply around $1 billion daily to Korean markets to manage potential currency market

Iran attacked three energy vessels in the Hormuz Strait on the 7th (local time), and the US immediately revoked Iranian oil sales licenses and resumed strikes on the 8th (local time). WTI crude reached $76.08 per barrel on the 8th, the highest since May 22, while Brent exceeded $80 and the US

The Chinese yuan strengthened to 6.7935 against the U.S. dollar at Beijing market close on July 9, up 58 pips from the previous trading day's official close and up 117 pips from the previous night session close.

According to economist Maruyama Yoshimasa of SMBC Nikko Securities, Japan's central bank is expected to raise rates again in October, based on the results of Thursday's branch heads meeting. Officials noted that despite tensions in the Middle East, production remains resilient with potential for

The Bank of Japan (BOJ) released its regional economic report (Sakura Report) finding that corporate capital investment remains robust amid expanding global artificial intelligence (AI) demand, while cost increases from labor and raw materials—particularly those linked to Middle East conflict—are

According to Yonhap Infomax, South Korean government bond futures shifted to gains on July 9 afternoon, with 10-year bond futures rising 5 points to 105.96, while 3-year futures declined 1 point to 103.11. The recovery followed a decline in international crude oil prices and falling U.S. Treasury

According to Jin10 on July 9, Sterling surged to a one-year high against the Euro and a three-week high against the U.S. Dollar, driven by rising market expectations for Bank of England rate hikes amid escalating U.S.-Iran tensions pushing oil prices higher. Monex Europe analysts noted that oil

According to Chris Turner, senior analyst at ING, expectations of a European Central Bank rate hike in September are supporting the euro on July 9. While U.S.-Iran tensions drove oil prices higher on Wednesday, the euro remained resilient as yield differentials narrowed in favor of the euro—euro

According to Jin10, on July 9 at 22:00 Beijing time, foreign exchange options including EUR, GBP, and JPY will expire. A total of 10 strike prices with notional values exceeding 1 billion each are set to

According to Yonhapinfomax, Japan's 10-year government bond yield reached 2.9017% on July 9 afternoon, marking the highest level since September 1996. The surge was driven by rising crude oil prices due to escalating U.S.-Iran military tensions, which increased inflation expectations and pushed bon

According to Jin10 Data, on July 9, the Bank of Japan's branch managers reported the economy remained robust despite geopolitical risks and rising oil prices, strengthening the case for near-term rate hikes. The BOJ noted that while supply chain disruptions and material shortages have pressured

The USD-JPY exchange rate declined 0.06% to 162.422 yen as of 2:01 PM on July 9 in Tokyo trading, according to Yonhap Infomax. The rate initially rose following escalated US-Iran tensions, as President Donald Trump stated the ceasefire based on a memorandum of understanding was 'over' and the US

According to Yonhapinfomax, the USD/JPY exchange rate fell 0.06% to 162.42 yen at 2:01 p.m. Tokyo time on July 9. Initial dollar strength following escalated US-Iran tensions, with President Trump stating on July 8 that a truce agreement with Iran

Japan's Chief Cabinet Secretary Minoru Kihara expressed the government's aim to gradually reduce the debt-to-GDP ratio to regain market confidence.