KRW Market Update
02 Jul 2026 • 00:33 GMT
The KRW has recently weakened against the US dollar, trading near 14-day lows of approximately 0.000644. This puts it about 3.2% below its 3-month average of 0.000665. The currency has been relatively stable, staying within an 8% range from 0.000641 to 0.000692.
While the US dollar has shown strength on the wider market—hitting new yearly highs driven by expectations of a possible interest rate hike by the Federal Reserve—this weak KRW movement is also influenced by domestic factors. South Korea’s trade balance remains important; a solid trade surplus supports the won, but recent US monetary policy prospects have helped keep the USD elevated overseas.
Investors should monitor upcoming US economic data and Federal Reserve signals as these will continue to determine the dollar’s trajectory, which in turn impacts KRW. Longer-term forecasts expect the KRW to strengthen later in the year, supported by favorable capital flows and trade figures. For now, the KRW remains under some pressure but shows resilience in a stable trading range.
📊 Quick forecast view
🔴 Mild downside
0.0010 – 0.0010
🌍 Global risk sentiment
⚪ Range-bound