Only 5 minutes to open an
FX trading account!
  • Fixed spreads as low as 0.5 pips, no commission
  • Award-winning platform from Japan
  • Extensive 1-on-1 support
快至5分鐘開立外匯交易賬戶
  • 固定點差低至0.5點子
  • 日本獲獎交易平台
  • 提供1對1支援
快至5分钟开立外汇交易账户
  • 固定点差低至0.5点子
  • 日本获奖交易平台
  • 提供1对1支援

Forex News

News source: FXStreet
Jul 03, 06:46 HKT
South Korean Won: Export strength fails to stop gains – Societe Generale

Societe Generale reports that the Korean Won remains under selling pressure despite strong export growth and a wider trade surplus. USD/KRW has broken above the 1,550 psychological level, with interim resistance identified higher. The bank links AI-driven export gains and rising inflation to a clearer path for the Bank of Korea to resume tightening, starting with a 25bp hike in two weeks.

Won under pressure despite robust exports

"The KRW is another Asian currency struggling to shake off selling pressure."

"Strong export growth of 70.9% in June and the widening of the trade surplus to $36.2bn from $27.03bn in May failed to block the foray of USD/KRW above the psychological barrier of 1,550."

"Interim resistance is situated at 1,561 before 1573/1580."

"The AI led jump in exports and acceleration of inflation to 3.2% in June clears the path for the BoK to resume policy tightening, starting with 25bp to 2.75% in two weeks."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Jul 03, 06:15 HKT
Chinese Yuan: Renminbi gains weaken undervaluation claims – BNY

BNY’s Geoff Yu argues that current CNY strength has strategic value as China boosts imports of semiconductors from Japan, South Korea and Taiwan. He notes that renminbi gains versus NA-3 (JPY, KRW ve TWD), USD and EUR weaken any U.S./EU case on Chinese currency undervaluation. The report highlights large NA-3 trade surpluses and ongoing recycling flows supporting these misalignments.

Strategic strength versus NA-3

"Current exchange rate misalignments are both exacerbating imbalances and making any case by the U.S. and EU against China’s practices much weaker. In mid-June, German Chancellor Friedrich Merz called for a new Plaza Accord to help address the EU’s trade deficit with China, implying that it was 30% undervalued. Yet in nominal terms, the renminbi has strengthened against the USD, EUR and NA-3 currencies year to date, including close to 11% against the KRW."

"We believe the bigger surprise is why China is letting the renminbi strengthen aggressively in nominal terms. Weak inflation is clearly limiting real effective exchange rate (REER) appreciation, but even so, the moves are hardly conducive to reflation efforts. Beijing has also been relatively silent on such matters."

"Our call this year has been for REER gains in CNY, but more through inflation differentials rather than the nominal. Reality has been the opposite."

"We see a clear strategic reason behind the tolerance for CNY strength. Official data show that imports from Japan, South Korea and Taiwan have surged, with demand for semiconductors the clear driver. Using the Harmonized System for trade classification, total imports from the three jurisdictions in the category (HS 85), which encompasses semiconductors, surged to over CNY 300bn in May alone, a near 60% y/y increase."

"We expect the renminbi to arrest its gains versus NA-3 currencies once these pressures ease, and there may be a strong case for CNY to weaken when China’s own production is ready to challenge current dominant exporters."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Jul 03, 06:02 HKT
Mexican Peso rises on soft US jobs data, intervention speculation
  • Weak NFP and revisions drag Dollar lower across FX.
  • USMCA uncertainty keeps trade-risk premium alive for Peso.
  • Fed officials keep inflation focus despite softer labor data.

The Mexican Peso advanced, boosted by a weaker-than-expected US jobs report that weighed on the US Dollar, which was also undermined by a rumored intervention in FX markets by Japanese authorities. At the time of writing, the USD/MXN trades at 17.48, down 0.43%.

USD/MXN drops gains as soft US jobs data pressures Greenback

Early in the North American session on Thursday, the US Bureau of Labour Statistics (BLS) revealed employment figures. June Nonfarm Payrolls were weaker than expected, dipping from 129K to 57K, beneath forecasts. Worth noting that May and April figures were downward revised, trimming the number of jobs created in both months by -74K.

At the same time, the Unemployment Rate edged lower from 4.3$% to 4.22%, attributed to a slide in labour force participation.

Consequently, the Greenback extended its losses. The US Dollar Index (DXY), which tracks the performance of the American currency against six other currencies, is down 0.55% at 100.85.

In Mexico, news that US President Donald Trump doesn’t want to extend the USMCA free trade agreement prompted a reaction from Economy Minister Marcelo Ebrard. He said that the US opted not to extend the deal and that the agreement will undergo non-stop annual reviews for 10 years.

A Bloomberg article read, “The potential disruptions and the broad economic impact are stark. USMCA boosted economic activity among the three countries, which combined represent nearly a third of the world’s gross domestic product. Intraregional trade surpassed $1.6 trillion in 2024, up from $1 trillion when the agreement went into place in 2020.”

On Wednesday, the three countries could’ve signed a 16-year extension, but Washington wants changes to a deal they negotiated 6 years ago.

On Wednesday, auto industry officials in the US called for a swift resolution to restore duty-free trade with Canada and Mexico, arguing that tariffs disadvantage them relative to Japanese and South Korean car makers.

 Aside from this, Federal Reserve officials made public comments. Mary Daly from the San Francisco Fed observed signs of strength in the US economy and mentioned that increased prices are driven by tariffs and oil shocks. She described current policy as “slightly restrictive" but noted that the Fed must sometimes combat inflation.

On Wednesday, Fed Chair Kevin Warsh stated that inflation expectations had decreased slightly over the past four weeks but reaffirmed that the central bank’s main focus remains on “price stability.”

Money markets are still pricing in a 66% chance of a rate hike at the September 16 meeting, with investors expecting nearly 17 basis points of tightening, according to Prime Terminal data

Source: Prime Terminal

USD/MXN Price Forecast: Technical outlook

Chart Analysis USD/MXN
USD/MXN daily chart

In the daily chart, USD/MXN trades around 17.4818, retaining a mildly bullish near-term tone as spot holds above the cluster of simple moving averages (SMA) from the triple set, with the latest reading near 17.3656 acting as underlying demand. The pair is pressing into a zone defined by two descending resistance trend lines drawn from 18.1651 and the longer-term 21.0808 peak, while the Relative Strength Index (14) at 53.6 stays just above neutral, hinting at steady but not overstretched upside momentum.

On the topside, immediate resistance is located along the nearer downward trend line off 18.1651, with a secondary cap coming from the longer-term descending line originating at 21.0808, both reinforcing the idea of a gradually falling supply barrier above current price. On the downside, initial support sits at the triple simple moving average area around 17.3656, and as long as USD/MXN holds above this base, dips would likely be seen as corrective within the current constructive bias.

(The technical analysis of this story was written with the help of an AI tool.)

Mexican Peso FAQs

The Mexican Peso (MXN) is the most traded currency among its Latin American peers. Its value is broadly determined by the performance of the Mexican economy, the country’s central bank’s policy, the amount of foreign investment in the country and even the levels of remittances sent by Mexicans who live abroad, particularly in the United States. Geopolitical trends can also move MXN: for example, the process of nearshoring – or the decision by some firms to relocate manufacturing capacity and supply chains closer to their home countries – is also seen as a catalyst for the Mexican currency as the country is considered a key manufacturing hub in the American continent. Another catalyst for MXN is Oil prices as Mexico is a key exporter of the commodity.

The main objective of Mexico’s central bank, also known as Banxico, is to maintain inflation at low and stable levels (at or close to its target of 3%, the midpoint in a tolerance band of between 2% and 4%). To this end, the bank sets an appropriate level of interest rates. When inflation is too high, Banxico will attempt to tame it by raising interest rates, making it more expensive for households and businesses to borrow money, thus cooling demand and the overall economy. Higher interest rates are generally positive for the Mexican Peso (MXN) as they lead to higher yields, making the country a more attractive place for investors. On the contrary, lower interest rates tend to weaken MXN.

Macroeconomic data releases are key to assess the state of the economy and can have an impact on the Mexican Peso (MXN) valuation. A strong Mexican economy, based on high economic growth, low unemployment and high confidence is good for MXN. Not only does it attract more foreign investment but it may encourage the Bank of Mexico (Banxico) to increase interest rates, particularly if this strength comes together with elevated inflation. However, if economic data is weak, MXN is likely to depreciate.

As an emerging-market currency, the Mexican Peso (MXN) tends to strive during risk-on periods, or when investors perceive that broader market risks are low and thus are eager to engage with investments that carry a higher risk. Conversely, MXN tends to weaken at times of market turbulence or economic uncertainty as investors tend to sell higher-risk assets and flee to the more-stable safe havens.

Jul 03, 05:37 HKT
Thai Baht: External cushion less generous – UOB

UOB’s Global Economics & Markets Research highlights that Thailand’s external buffers remain credible, but current-account dynamics have turned less favorable. Apr–May deficits reflect strong imports of energy and capital goods alongside resilient exports, reducing domestic value-added. The Baht is seen supported by structural buffers, yet near-term FX performance will stay sensitive to Oil prices, Fed expectations and current-account data.

Current account weakens as imports surge

"On stability, Thailand’s macro buffers remain credible, but the direction of travel has become less favorable. Inflation moved quickly back into positive territory, with headline CPI near 2.8–2.9% y/y in Apr–May and producer price pressures still elevated."

"Externally, the Apr–May current-account deficits reflected a surge in imports, especially from energy, raw materials, intermediate goods, and capital goods, rather than a collapse in exports. Official reserves remain high, but the current account no longer provides the same comfort as it did earlier in the year."

"Third, Thailand’s external position is still resilient, but the current account is no longer providing the same comfort as earlier in the year. The Apr–May current-account deficits are not yet a balance-of-payments concern because reserves remain high and external-debt metrics are manageable."

"Strong exports are being accompanied by strong imports of energy, raw materials, intermediate goods, and capital goods. This reduces the domestic value-added multiplier associated with the export upturn and explains why headline trade strength is not fully translating into household income, SME revenue, or broad manufacturing output."

"For markets, the baht should remain supported by Thailand’s structural external buffers, but near-term FX performance will remain sensitive to oil prices, Fed expectations, and the current-account print."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Jul 03, 05:19 HKT
New Zealand Dollar rises as softer US jobs data weighs on the US Dollar
  • NZD/USD advanced as the USD weakened after softer-than-expected US employment data.
  • US job growth slowed sharply in June, with Nonfarm Payrolls rising only 57,000 and May revised lower to 129,000.
  • China remains a key driver for the Kiwi, with investors watching the upcoming RatingDog Services PMI.

The NZD/USD pair advanced toward the 0.5700 level on Thursday as the US Dollar (USD) weakened following softer-than-expected United States (US) employment data. The move reflected a broad reduction in USD demand, as investors reassessed the Federal Reserve’s policy outlook following signs that the US labor market is cooling.

The US Nonfarm Payrolls report showed that the economy added only 57,000 jobs in June, well below expectations of around 110,000. May’s figure was revised lower to 129,000 from the previously reported 172,000, reinforcing the view that hiring momentum is losing strength. The Unemployment Rate fell to 4.2%, although this was partly driven by a drop in labor force participation to 61.5%, the lowest level since 2021.

Wage growth remained steady, with Average Hourly Earnings rising 3.5% YoY, suggesting that inflation pressures have not fully disappeared even as job creation slows. Still, the weak headline payrolls figure reduced expectations of a near-term Fed rate hike.

China will remain a key external driver for the Kiwi, as New Zealand’s export outlook is closely tied to Chinese demand. Investors will watch the upcoming RatingDog China Services Purchasing Managers Index (PMI) after May’s reading jumped to 54.4 from 52.6, marking the fastest expansion in three months. A stronger services figure could support NZD sentiment, while a slowdown may limit further upside in NZD/USD.

Chart Analysis NZD/USD


Short-term technical analysis:

On the 4-hour chart, NZD/USD trades at 0.5694, maintaining a capped tone as it remains below the 100-period Simple Moving Average (SMA) at 0.5729, despite reclaiming the 20-period SMA at 0.5673. The pair is pressing the nearby ceiling formed by the 0.5699 and 0.5705 horizontal levels, while the Relative Strength Index (RSI) around 61 hints at improving bullish momentum that has yet to overcome the overhead structure.

On the topside, immediate resistance is clustered at 0.5699 and 0.5705, followed by 0.5718 and then the 100-period SMA at 0.5729, with more distant barriers at 0.5907, 0.5930 and 0.5965. On the downside, initial support is seen at 0.5690, with the 20-period SMA near 0.5673 providing the next cushion if sellers regain control.

(The technical analysis of this story was written with the help of an AI tool.)

Jul 03, 04:57 HKT
Pound Sterling holds the line, on loan from a cracking Dollar
  • GBP/USD is clawing back toward its moving-average cluster after defending a long-term floor near its seven-month lows.
  • The recovery is a Dollar story, with a soft US jobs report doing the heavy lifting rather than any fresh strength at home.
  • A leaderless government and a US-heavy data week leave the Pound a passenger, with the Bank of England's July meeting the only domestic catalyst that matters.

The Pound bounced off the long-term support line that has repeatedly held near its seven-month lows, clawing back toward the cluster of moving averages overhead. The honest read, though, is that this is a Dollar story more than a Sterling one: a soft US jobs report did the work while the Pound simply caught the updraft. A leaderless government back home keeps a firm lid on any talk of a durable rally in the Pound.

A bounce the Dollar paid for

The catalyst sits entirely on the US side of the pair. June Nonfarm Payrolls (NFP) landed at just 57K against expectations near 110K, reviving doubts about further Federal Reserve (Fed) tightening and dragging the Dollar lower across the board. GBP/USD is a beneficiary of that move rather than a leader of it. Its floor held this week because the greenback wobbled, not because anyone suddenly decided they wanted to own the Pound.

Westminster's leadership vacuum

The political backdrop is what turns a routine Dollar-driven bounce into a capped one. Prime Minister Keir Starmer resigned in late June, triggering a Labour leadership contest in which Greater Manchester mayor Andy Burnham has emerged as the clear frontrunner and the market's main focus. Fiscal-credibility fears around spending and taxes have kept a political risk premium on both the Pound and gilts. Burnham's pledge of fiscal discipline has taken some of the edge off, yet a central bank flirting with another hike into a leaderless government is a fragile foundation for any durable rally.

The Bank offers a floor, not a launchpad

The Bank of England (BoE) is the other reason the Pound has any floor at all. Rates are being held at 3.75% after a hawkish split on the Monetary Policy Committee (MPC). While the Governor keeps striking a patient tone and ruling out imminent cuts, the committee's hawks remain vocal and the market is still pricing a possible hike at the July 30 meeting. That yield support is real, but the policy-divergence story that favoured the Pound now cuts both ways, because the US data has softened and the gap that mattered is starting to narrow from the other side.

What comes next is a US-shaped week

The immediate test is a speech from the BoE Governor on Friday at 15:00 GMT, where another patient, dovish-leaning message would likely cap the bounce before it reaches the moving-average cluster. US markets are closed on Friday for the Independence Day holiday, and next week's docket is decidedly US-based. The Institute for Supply Management (ISM) services survey arrives Monday at 14:00 GMT; the Federal Open Market Committee (FOMC) minutes land Wednesday at 18:00 GMT, read from the hawkish June meeting against fresher and softer data; and weekly jobless claims follow Thursday. The only domestic inputs are BoE speakers and Tuesday's Financial Stability Report, which leaves the Pound's near-term direction as a US call rather than a British one.

Levels to watch

Resistance: The recovery runs into a wall of moving averages just overhead, with the 50-period Exponential Moving Average (EMA) near 1.3350 and the 200 EMA close to 1.3400. Momentum is on the bounce's side for now, as the Stochastic Relative Strength Index (Stoch RSI) turns up from near-oversold, but a daily close above the moving-average band is what would open the door to 1.3450 and then the 1.3500 handle.

Support: The long-term line near 1.3200 is the level that defines the whole setup, defended repeatedly through the Pound's seven-month lows. Just above it, 1.3300 is the first minor shelf on any pullback. A daily close below 1.3200 would expose 1.3150 and then the 1.3100 handle, confirming the Dollar-driven bounce has run out of road.

Bias: The near-term path points higher toward the 1.3400 cluster while 1.3200 survives, but this is a rally built on Dollar weakness rather than Sterling strength, so it lives and dies by the US data. A decisive break of 1.3200 flips the bias lower toward 1.3150; given how much of the move is borrowed, that floor deserves close watching into next week's American releases.


GBP/USD daily chart

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates. When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money. When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP. A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Jul 03, 04:57 HKT
Japanese Yen bounces as Tokyo stops telegraphing its punches
  • USD/JPY is on track to snap an eight-week winning streak, sliding from fresh four-decade lows for the Yen after a soft US jobs report.
  • Intervention fear has jumped sharply, with wire reports suggesting Tokyo may stop flagging its moves in advance and Friday's US holiday thinning liquidity into a familiar ambush window.
  • The Bank of Japan's slow tightening still cannot dent a rate gap of roughly 275 basis points, leaving the Finance Ministry, not monetary policy, to defend the currency.

The Japanese Yen (JPY) rebounded from four-decade lows on Thursday, a move that owed nothing to the Bank of Japan (BoJ). A soft June Nonfarm Payrolls (NFP) print knocked the US Dollar (USD), while fear of a fresh intervention jumped hard enough to push USD/JPY toward its first weekly loss in eight weeks. The bounce is borrowed rather than earned, with one unsettling wrinkle: Tokyo now looks willing to act without telling anyone first.

The warning shot that never came

As recently as Wednesday, traders met the same lows with something close to boredom, shrugging off the boilerplate warnings from Finance Minister Satsuki Katayama on the comfortable assumption that authorities always fire a warning shot before spending reserves. That assumption cracked on Thursday, when wire reports suggested Japan may abandon advance signalling entirely and simply strike, stripping the market of its early-warning system. The approaching US Independence Day holiday sharpens the threat because thinner liquidity magnifies the impact of any operation. The spring rounds that dragged the pair from above 160.00 toward 155.00 were launched into exactly those conditions.

A rate gap the Bank cannot close

The awkward truth for Tokyo is that its own tightening has not helped. The BoJ has lifted its policy rate to 1.00%, the highest since 1995, and the Yen has weakened anyway, because a gap of roughly 275 basis points against the Federal Reserve (Fed) keeps the carry trade alive and well. Intervention is a circuit breaker rather than a cure; the spring operations knocked USD/JPY lower for a handful of sessions before the pair not only recovered but printed fresh highs near 163.00. That leaves the Finance Ministry, rather than monetary policy, carrying the entire burden of defending the Yen, at a higher and more uncomfortable level than in the spring.

The Dollar loses its excuse

The US side of the trade is fraying at the worst possible moment for anyone still long. June payrolls came in at just 57K against expectations near 110K, while the headline unemployment rate only fell to 4.2% because the participation rate slipped to 61.5%, a decline that flatters the number rather than reflecting real strength. The Fed's own chair has already signalled little urgency to tighten further, so next week's Federal Open Market Committee (FOMC) minutes will read from the hawkish June meeting as stale against softer data. A cracking labour market and a fraying rate tailwind, arriving just as intervention risk peaks, make chasing the highs a poor bet.

The docket turns American

Friday brings the US Independence Day holiday and the thin, jumpy liquidity that comes with it, which is precisely the window Tokyo has favoured before. Next week's calendar is decidedly US-based, with the Institute for Supply Management (ISM) services survey due Monday at 14:00 GMT, the FOMC minutes on Wednesday at 18:00 GMT, and weekly jobless claims on Thursday. Japanese releases, Labor Cash Earnings on Monday and the Current Account on Tuesday, sit well down the running order, so the pair's direction rests on the US data and on whether Tokyo finally pulls the trigger.

Levels to watch

Resistance: The 162.50 area caps the first attempt to rebuild the uptrend, with the pair's four-decade high near 163.00 sitting above it. A daily close back above that zone would signal the intervention scare has been shrugged off and the carry grind is resuming.

Support: The 160.00 handle is the level that matters, reinforced by the 50-period Exponential Moving Average (EMA) just above it, doubling as the psychological threshold Tokyo has defended before. Below there, support near 158.50 marks the prior consolidation shelf, with the 200 EMA close to 157.00 as the deeper backstop.

Bias: The path of least resistance has flipped lower for now, with the eight-week grind posting its first weekly loss, the Stochastic Relative Strength Index (Stoch RSI) rolling over from above 90, and the asymmetric threat of an unannounced intervention arguing against fresh longs; a reclaim of 162.50 would be needed to restore the carry trend, while 160.00 decides whether this is a dip or a genuine turn.


USD/JPY daily chart

Japanese Yen FAQs

The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan’s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.

One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.

Over the last decade, the BoJ’s stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.

The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen’s value against other currencies seen as more risky to invest in.

Jul 03, 04:53 HKT
South Korean Won: Semiconductor risk and inflation dynamics – BNY

BNY’s report underscores heavy selling in South Korean semiconductor stocks and warns, via the OECD’s 2026 survey, that Korea’s reliance on chip exports heightens exposure to global tech-cycle swings. The OECD urges fiscal support for domestic demand near term and consolidation later, while South Korea’s CPI shows modest firming with mixed sector moves and stable core inflation, keeping energy volatility in focus.

Korea tech dependence and price pressures

"Heavy selling in semiconductor stocks hit markets across South Korea, Japan and Taiwan as investors questioned whether the scale of AI-related capital spending can continue to justify recent gains, while Chinese tech indices also suffered sharp losses."

"The move came as the OECD warned that South Korea’s growing dependence on semiconductor exports is increasing the economy’s exposure to swings in the global technology cycle, reinforcing concerns around concentration risk."

"The OECD’s 2026 Economic Survey of Korea has warned that South Korea’s heavy reliance on semiconductor exports, while a key growth driver, is increasing exposure to external shocks, output volatility and tax revenue swings. It noted that export and investment growth accelerated in early 2026, supported by the AI boom, but said this dependence is also creating strategic vulnerabilities."

"The report urged the government to use fiscal policy to support domestic demand in the near term, while consolidating over the medium term to preserve fiscal health amid rapidly rising aging-related spending pressures. It also called for a stronger fiscal framework, later pension eligibility, labor market reform and broader tax reform, especially in property taxation."

"South Korea’s consumer price index rose 0.1% m/m and 3.2% y/y in June, accelerating from 0.5% m/m and 3.1% y/y in May. The core index excluding food and energy was unchanged m/m and up 2.5% y/y, in line with the previous month.Price pressures were led by furnishings, household equipment and routine maintenance (+1.2% m/m), food and non-alcoholic beverages (+0.4%), alcoholic beverages and tobacco (+0.3%) and health (+0.2%)."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Forex Market News

Our dedicated focus on forex news and insights empowers you to capitalise on investment opportunities in the dynamic FX market. The forex landscape is ever-evolving, characterised by continuous exchange rate fluctuations shaped by vast influential factors. From economic data releases to geopolitical developments, these events can sway market sentiment and drive substantial movements in currency valuations.

At Rakuten Securities Hong Kong, we prioritise delivering timely and accurate forex news updates sourced from reputable platforms like FXStreet. This ensures you stay informed about crucial market developments, enabling informed decision-making and proactive strategy adjustments. Whether you’re monitoring forex forecasts, analysing trading perspectives, or seeking to capitalise on emerging trends, our comprehensive approach equips you with the insights needed to navigate the FX market effectively.

Stay ahead with our comprehensive forex news coverage, designed to keep you informed and prepared to seize profitable opportunities in the dynamic world of forex trading.