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The U.S. dollar has strengthened as investors move into safer assets, while higher oil prices and rising economic risks weigh on Asian currencies such as the Indian rupee and South Korean won.
President Trump has raised U.S. tariffs to an average of 15.2%, targeting Canada, Asia, and Europe, as part of his push to reshape global trade. Markets and currencies reacted with caution amid rising uncertainty.
South Korea is a country in East Asia, located on the southern half of the Korean Peninsula. It is bordered by North Korea to the north, the East China Sea to the east, the Yellow Sea to the west, and the Sea of Japan to the south. The capital and...
Currently, USD/KRW is trading close to the recent high within its range, supported by the rate differential favoring the US dollar. The pair remains supported by US interest rate expectations, with the...
Currently, KRW/USD is trading close to 90-day lows at 0.000641, holding near the pair’s recent recent lows and well below the 3-month average. Risk-off sentiment driven by US economic resilience and...
Currently, KRW/JPY is trading close to 90-day lows near 0.1028, well below its 3-month average. Risk-off sentiment, driven by geopolitical tensions and global market volatility, remains the dominant factor.
Currently, KRW/INR is trading near 90-day lows, holding close to 0.061129, below its 3-month average. Risk sentiment dominates the pair, with safe-haven flows supporting the KRW as global risk-off conditions persist.
Currently, KRW/GBP is trading near 90-day lows around 0.000481, well below its 3-month average of 0.000499. Risk-off sentiment dominates, supported by external shocks and cautious GBP stability.
KRW/EUR is trading near the lower end of its recent range, supported by risk-off conditions and broad policy divergence. Currently, it is holding near the 3-month average and within a stable 5.9% range.