DXY & Forex

According to Yonhap News Infomax, on July 8, South Korea's 30-year government bond yield rose to 4.4%, while the spread between 30-year and 10-year yields widened to 20.7 basis points. From April to June, foreign investors purchased over 10 trillion Korean won in 5-year and 10-year government

South Korean 3-year government bond yields remain confined to a 3.7-3.9% range, with market participants noting that the upper bound could extend to 4% based on a previous auction result. Bond dealers assess that concerns over a 'big step' rate hike have largely subsided following recent

South Korea's foreign exchange authorities recorded a net long forward position of $6.359 billion at the end of May, marking a $1 billion increase from the previous month's $5.359 billion, according to International Monetary Fund data. The position extended its growth streak to four consecutive mont

The Bank of England's (BOE) anticipated regulatory easing may expand demand for UK government bonds (gilts), according to ING Bank's analysis published on May 7 (local time). ING stated that the BOE's forthcoming Financial Stability Report could include changes to bank capital requirement

According to Yonhapinfomax, on July 8, South Korea's 3-year government bond yields held within a 3.7%-3.9% range, while the dollar-won exchange rate surged to 1,559.20 won—its highest level since the 2008 global financial crisis—driven by foreign investors' net selling of local equities. The

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