The dollar-won NDF fell sharply to 1,444.60 won in New York, down 19.55 won from Seoul’s spot close, as the dollar weakened on yen strength and soft U.S. data.
#YonhapInfomax #DollarWonNDF #ExchangeRate #USDIndex #YenStrength #SPGlobalPMI #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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BMO: #Equityfutures are pointing modestly higher (roughly 0.2%) this morning while #Treasury #yields are up along the curve (10s +1.3 bps to 4.045%) ahead of the August #inflation report. Both the #USDindex and the #Canadiandollar ($1.389) are 0.2% stronger so far today. #markets

The dollar-won exchange rate rebounded to the high 1,380-won range in after-hours trading, narrowing earlier losses as the U.S. Dollar Index strengthened and markets awaited the South Korea-U.S. summit.
#YonhapInfomax #DollarWon #ExchangeRate #USDIndex #SouthKoreaUSSummit #AfterHoursTrading #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Despite the Fed's hawkish statements and the economic data coming in above expectations, we see that the dollar index is accumulating in the 102.8 to 103.8 band. On the other hand, the expectation that the Fed will cut rates in March has dropped to 40%. In the face of hawkish statements from the European Central Bank, 102.55 - 102.67, the area between the Bollinger mid-band and Fib 0.382 point, can be followed as a support zone for the index. #DollarIndex #FXMarket #USDIndex #DollarOutlook