DXY & Forex

According to IMF data released on July 8, South Korea's forex authority's forward foreign exchange net long position reached $6.359 billion as of end-May, up $1 billion from the previous month and marking the fourth consecutive month of gains. The increase reflects ongoing foreign exchange hedging a

According to Yonhapinfomax, on July 8, foreign exchange dealers in Seoul forecasted the USD-KRW exchange rate to center around 1,520 won as geopolitical risks strengthened safe-haven demand for the dollar. A ship attack in the Middle East's Strait of Hormuz pushed the dollar index above 101, while t

According to ING Bank, on July 7, the Bank of England's financial stability report may include changes to bank capital requirements that could increase demand for UK government bonds (gilts). ING noted that leverage ratio regulations, which currently constrain gilt repurchase transactions, may be ea

The USD-KRW exchange rate plunged to the 1,510 won range on the 8th following coordinated intervention signals between Korean and Japanese forex authorities and suspected smoothing operations by Korean authorities. As of 6:00 AM on the 8th, USD-KRW traded at 1,515.80 won, down 14.50 won from the

SK Hynix began selling forward exchange contracts on May 3 ahead of its American Depositary Receipt (ADR) listing on Nasdaq, according to Seoul foreign exchange market sources. The South Korean memory chip manufacturer is hedging currency risk for its approximately $28.5 billion ADR issuance,

According to Yonhapinfomax, USD/KRW dropped 14.50 won to 1,515.80 on July 8, retreating from the previous day's close of 1,530.30 won, amid signals of Korea-Japan foreign exchange coordination and suspected smoothing operations by authorities. The pair briefly fell to 1,510.60 won intraday,

According to Jin10, China's central bank conducted 15 billion yuan in 7-day reverse repurchase operations today (July 8), while 100 billion yuan in reverse repos matured, resulting in a net drainage of 8.5 billion yuan from the money

The People's Bank of China conducted a 150 billion yuan (approximately $20.6 billion) 7-day reverse repurchase operation today, with bids and successful allocations both reaching 150 billion yuan. The operation rate was set at 1.40%, unchanged from the previous operation.

The People's Bank of China conducted 15 billion yuan in 7-day reverse repurchase operations today (July 8) at a rate of 1.4%, unchanged from the previous operation. Additionally, 10 billion yuan in reverse repurchase operations expired today.

Woori Bank announced on July 8 that it raised a total of $275 million by issuing foreign currency bonds through four overseas branches in London, Hong Kong, Los Angeles (LA), and Singapore. This marks the first time Woori Bank's overseas branches independently issued foreign currency bonds without i

South Korea's Ministry of Economy and Finance Vice Minister Heo Jang chaired a Won Internationalization Task Force meeting on May 8 to finalize a roadmap for transitioning the Korean Won from a regulated currency to a freely convertible currency, with the government planning to announce the roadmap

China's yuan midpoint against the U.S. dollar was set at 6.8077 on July 8, down 23 points from the previous trading day's midpoint of 6.8054, according to official data from the People's Bank of China.

According to the interbank foreign exchange market, the Chinese yuan weakened against the U.S. dollar on July 8, 2026, with the USD/CNY mid-price reported at 6.8077, up 23 basis points. The euro weakened 142 points to 7.7614, while sterling fell 178 points to 9.0859. The Australian dollar

According to Woori Bank, the bank's overseas branches in London, Hong Kong, Los Angeles, and Singapore issued foreign currency bonds on July 8, raising a combined $275 million. This marks the first time the lender's non-headquarters overseas branches have independently raised funds in foreign

Robert Kiyosaki, the financial literacy author globally renowned for “Rich Dad Poor Dad”, posted on X on July 7, citing insights from the new book “The Entropy Trap” and warning that assets operating on trust—including U.S. Treasuries, ETFs, and mutual funds—will be “flushed down the toilet” worldwide. He specifically named Japan and other major bond-holding countries that have begun selling U.S. Treasuries, calling this a precursor to a collapse of trust. Jim Rickards Wrote Foreword for 'The En

According to RBA Assistant Governor Hunt, if inflation expectations rise, the central bank may need to tolerate a period of low inflation coupled with higher unemployment.

According to Yonhap Infomax, New Zealand's central bank is anticipated to raise rates today (July 8), with markets pricing in multiple additional increases in September and December. The decision comes as international oil prices rebound, creating downward pressure on the Seoul bond market. South

According to Yonhapinfomax, on July 8, Iran attacked oil tankers in the Strait of Hormuz, prompting the US to revoke sanction waivers on Iranian crude and petroleum product sales that were set to expire on August 21. The U.S. Central Command responded with airstrikes. Western Texas Intermediate crud

According to Japan's International Balance of Payments data released Wednesday, Japanese investors purchased 350.7 billion yen in Korean bonds in May, approaching historic highs. The May net purchase amount followed April's record 393.6 billion yen.

According to Jin10, Bank of Japan policy board member Asada said on July 8 he must see signs of demand-driven inflation before supporting a rate hike, while noting that cost increases are being passed through at a "relatively fast pace," suggesting possible future support for tightening. Asada,