泰国央行准备介入以抑制外汇波动。 ...

澳元兑美元若价格跌破0.6465-0.6460水平区域，可能在0.6400整数关口前获得一定支撑，接着是100日 SMA所在的0.6375-0.6370区域。若价格明确跌破该支撑位，市场倾向将转向看空，推动澳元兑美元下探 下一个相关支撑位0.6300整数关口附近。跌势可能进一步延伸至0.6245中间支撑位，最终现货价格或跌 至0.6200下方。 周四（6月26日）亚市早盘，澳元兑美元上涨，目前交投于0.65附近，截止北京时间11:18分，澳元/美元 报价0.6559，上涨0.22%，上一交易日澳元/美元收盘报0.6544。货币市场定价显示，澳洲联储降息预期 持续升温。 1个月期OIS利率降至3.7%，暗示市场预计下月有60%概率降息25个基点。更具前瞻性的现金利率期货 则显示降息概率高达90%，90天期银行票据期货已完全定价25个基点的降息，预期利率将降至3.6%。这 一预期已反映在债券市场中，3年期国债收益率已跌至3.6%水平。大华银行外汇分析师Quek Ser Leang 和Peter Chia指出，澳元/美元近期上行动能有所减弱，预计短期内将在0.6465/0.6515区间维持震荡格 局。从技术面看，当 ...

韩国财政部：如有需要，韩国将在下半年进一步发行外汇稳定债券。 ...

Core Viewpoint - The article discusses the fluctuations in currency exchange rates, particularly focusing on the performance of the US dollar against various currencies, highlighting a decline against the Japanese yen and mixed movements against European currencies [1]. Currency Performance Summary - The US dollar depreciated by 0.56% against the Japanese yen, closing at 144.42 yen, with a trading range of 145.27 to 143.75 yen during the day [1]. - The euro fell by 0.20% against the yen, while the British pound decreased by 0.09% against the yen [1]. - Conversely, the euro appreciated by 0.38% against the US dollar, and the British pound rose by 0.46% against the US dollar [1]. - The US dollar strengthened against the Swiss franc by 0.55% [1]. - Among commodity currencies, the Australian dollar increased by 0.51% against the US dollar, and the New Zealand dollar rose by 0.34% against the US dollar, while the US dollar fell by 0.62% against the Canadian dollar [1]. - The Swedish krona declined by 0.19% against the US dollar, while the Norwegian krona appreciated by 0.52% [1]. - The Danish krone increased by 0.35% against the US dollar, and the Polish zloty rose by 0.59% against the US dollar [1].

Core Viewpoint - The company is convening its second extraordinary general meeting of shareholders in 2025 to discuss several key proposals related to financing, transactions, and risk management following a significant asset restructuring [1][4]. Group 1: Daily Related Transactions - The company plans to increase the estimated amount for daily related transactions in 2025, which includes procurement of materials, equipment, and services from related parties, such as diesel, industrial gases, and software services [1][6]. - The total estimated amount for these daily related transactions is projected to be 142.9 million RMB, with actual transactions amounting to approximately 26.94 million RMB [5][6]. Group 2: Borrowing Proposal - The company intends to apply for a new borrowing limit of up to 15 billion RMB from its controlling shareholders and related parties to support daily operations and the development of newly acquired assets [6][8]. - This borrowing will have a maximum interest rate not exceeding the Loan Prime Rate (LPR) and will not require any form of guarantee [7][8]. Group 3: Guarantee Plan - A new guarantee plan is proposed with a total limit of 30 billion RMB for 2025, aimed at supporting the daily operations of the company and its subsidiaries [8][9]. - The guarantees will be exclusively for subsidiaries within the consolidated financial statements and will not involve related parties or joint ventures [9][10]. Group 4: Comprehensive Credit Facility - The company seeks to apply for a comprehensive credit facility of up to 50 billion RMB and 200 million USD to ensure smooth operations and reduce financing costs [12][13]. - This facility will cover various financial services, including loans and trade financing, with the final amount subject to approval by financial institutions [13]. Group 5: Foreign Exchange Derivatives - The company plans to engage in foreign exchange derivatives trading to mitigate risks associated with currency fluctuations, with an estimated maximum balance of 1 billion USD [14][15]. - This initiative is aimed at stabilizing the company's financial operations without speculative intentions [15]. Group 6: Entrusted Financial Management - The company proposes to conduct entrusted financial management with a maximum daily balance of 500 million RMB to enhance investment returns while ensuring operational safety [16]. - The management will be authorized to implement this plan within the approved limits and timeframe [16].

英国央行行长贝利：（被问及英镑走强）外汇市场的变动并非基于对利率的投机。 ...

Core Viewpoint - A significant number of foreign exchange options are set to expire on June 26, 22:00 Beijing time, with 13 strike prices having large orders exceeding 1 billion [1] Group 1: Euro to USD Options - A total of 67 billion euros in options are set at a strike price of 1.1600 [3] - Other notable strike prices include 54 billion euros at 1.1700 and 14 billion euros at 1.1625 [3][4] - Smaller amounts include 12 billion euros at 1.1525 and 8.34 billion euros at 1.1550 [3] Group 2: USD to JPY Options - Options worth 14 billion USD are set at a strike price of 143.00 [3] - An additional 10 billion USD is set at 147.00 [3] Group 3: Other Currency Pairs - The USD to CAD options include 9.1 billion USD at a strike price of 1.3715 and 18 billion USD at 1.3800 [4] - For AUD to USD, there are 27 billion AUD at a strike price of 0.6500 [4] - The EUR to GBP options include 4.78 billion euros at a strike price of 0.8560 [4]

Group 1 - The Central Bank of Taiwan has requested foreign investors to withdraw speculative bets on the New Taiwan Dollar (TWD) through ETFs, indicating a crackdown on such activities [1] - The strategy employed by foreign investors involves buying both Taiwanese stock ETFs and inverse ETFs, which allows them to profit from market declines while betting on the appreciation of the TWD [1][2] - The holdings of foreign investors in Taiwan's largest inverse stock ETF have surged to 914.7 million shares, an increase of over 90 times since the beginning of the year [2] Group 2 - The TWD has appreciated by 12% against the US dollar this year, with a significant single-day increase recorded last month, the largest since 1980, posing risks to the export-oriented economy [2] - A regulatory framework exists to limit speculative behavior by foreign investors, requiring that their holdings in any single inverse ETF remain below 30% to prevent currency manipulation [5] - The Central Bank can influence onshore banks through "window guidance," but has limited direct control over offshore investors [5]

Core Viewpoint - TSMC is injecting $10 billion into its overseas subsidiary to hedge against currency risks, marking its largest capital operation to date aimed at reducing foreign exchange hedging costs and enhancing capital flexibility in managing currency risks [1][3]. Group 1: Capital Injection Details - TSMC Global Ltd. has approved a plan to issue new shares worth $10 billion to its parent company, aimed at increasing capital to lower foreign exchange hedging costs [1]. - This capital injection is primarily for general investments, including bank deposits and bonds, and is intended to transfer TSMC's foreign exchange holdings to its subsidiary [3]. - This marks TSMC's third similar operation since 2024, with the scale significantly exceeding previous injections, all occurring during periods of New Taiwan Dollar appreciation [3]. Group 2: Currency Risk Management - The capital injection will provide TSMC Global with greater capital flexibility to manage currency risks, particularly in light of the recent strengthening of the New Taiwan Dollar [3]. - The strengthening of the New Taiwan Dollar has raised concerns about the export-oriented economy of Taiwan, impacting TSMC's operating profit margins by several percentage points [2][7]. - TSMC's CEO has indicated that the strong local currency has directly affected the company's commercial performance, highlighting the impact of currency fluctuations on profitability [7]. Group 3: Market Context - The New Taiwan Dollar has recently shown strong performance, with significant fluctuations leading to increased hedging costs, reaching the highest implied volatility levels since 2011 [4]. - The appreciation of the New Taiwan Dollar negatively affects Taiwanese exporters, as it reduces the amount of local currency received from overseas sales or necessitates higher prices abroad, risking demand decline [7].

金十数据整理：每日全球外汇市场要闻速递（6月26日） 美元： 1. 华尔街日报：特朗普考虑提前任命下一任美联储主席，以削弱鲍威尔的影响力。 2. 摩根士丹利：预计美联储将在2026年进行7次降息，从3月开始，最终利率将降至2.5%至2.75%。 3. 鲍威尔：关税为一次性影响可能成为基本预期，但需要谨慎应对；通胀预期已较今年四月略有下降； 在货币政策决策中不考虑联邦债务问题；稳定币行业已逐步成熟。 4. 柯林斯：当前是保持耐心和谨慎的时机。今年晚些时候可能降息，但取决于关税影响。由于关税措 施，核心个人消费支出通胀预计到年底将超过3%。 其它： 1. 泰国央行：以6比1的投票结果决定维持利率不变。 5. 瑞典央行会议纪要：行长特登称正发出有必要进一步降息的信号，但强调信号不应被过度解读。 2. 消息人士：日本政府将考虑下调今年经济增长预估。 3. 新西兰ASB银行：现在预计新西兰联储官方现金利率将降至3%的低点。 4. 西太平洋银行首席经济学家Luci Ellis：将澳洲联储降息预测提前至7月。 ...