SK Group Chairman Chey Tae-won (C), along with SK hynix Chief Executive Officer (CEO) Kwak Noh-jung (3rd from L) and other senior executives, celebrates at a bell-ringing ceremony in New York on July 10, 2026, to commemorate the company's high-profile listing, in this image provided by SK hynix. (PHOTO NOT FOR SALE) (Yonhap)

    SK hynix dollar inflow expected to bolster South Korea’s FX market

    SEOUL, July 12 (Yonhap) — SK hynix Inc. is expected to inject a large amount of U.S. dollars into South Korea’s foreign exchange market after raising about 40 trillion won (US$26.5 billion) through an American depositary receipt (ADR) offering on Nasdaq, industry sources said Sunday. The proceeds from the U.S. listing are scheduled to be…

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    Nagpur man held for Rs 3.8cr forex trading scam

      Nagpur man held for Rs 3.8cr forex trading scam | Jaipur News

      Jaipur: Rajasthan Police’s State Cyber Crime Branch Saturday arrested a Nagpur man for allegedly supplying bank accounts used by an interstate cyber fraud syndicate that duped a Jaipur-based doctor of Rs 3.81 crore through a fake forex trading and online investment scheme. The accused was brought to Jaipur on a transit warrant for questioning.Additional director…

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      Yields Break First as Markets Wait for Inflation Confirmation

        Yields Break First as Markets Wait for Inflation Confirmation

        Last week delivered no shortage of market-moving headlines, yet remarkably few decisive market moves. Investors had to navigate renewed US-Iran tensions, hawkish FOMC minutes, a surprise rate hike from the Reserve Bank of New Zealand, stronger-than-expected Canadian employment, and signs of structural policy shifts in Japan. Despite the unusually dense news flow, most major asset…

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        EUR/AUD Weekly Outlook - ActionForex

          EUR/AUD Weekly Outlook – ActionForex

          EUR/AUD’s pullback from 1.6617 extended lower last week but stayed well above 1.6306 support. Initial bias remains neutral this week first. On the upside, above 1.6506 minor resistance will bring retest of 1.6617. Firm break there will resume the rebound from 1.6108. However, decisive break 1.6306 support will argue that the rebound has completed, and…

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          EUR/USD Daily Outlook - ActionForex

            EUR/USD Daily Outlook – ActionForex

            Range trading continues in EUR/USD and intraday bias stays neutral. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of 1.1499 will turn bias back to the upside…

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            GBP/USD Forecast 10/07: Chaos Triggers Range (Video)

              GBP/USD Forecast 10/07: Chaos Triggers Range (Video)

              The British pound initially rallied against the USD on Thursday but seems to be running into a touch of trouble. GBP/USD The British pound initially rallied against the US dollar during trading here on Thursday, and it then tested an area that was a major resistance barrier just waiting to happen, where supply had come…

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              Australian Dollar Holds Above the Current Market Profile

                Australian Dollar Holds Above the Current Market Profile

                The minutes from the Reserve Bank of Australia’s (RBA) June meeting, released on 30 June, suggested that policymakers are not yet ready to rule out further policy tightening. Board members noted persistent excess demand and broad-based inflationary pressures across the economy, leaving the door open for another interest rate increase if required. Against this backdrop,…

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