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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 near its 7-day lows around 1471, below its 3-month average. The pair is consolidating within its recent range, supported by US interest rate policy and oil prices.
Currently, KRW/USD is holding near recent highs around 0.000680, trading close to its 3-month average. Risk-off sentiment continues to support USD, with safe-haven flows spilling into the dollar.
Currently, KRW/JPY is trading close to its 3-month average near the midpoint of a stable range. The pair is consolidating within its recent range, with risk-off sentiment supporting safe-haven demand for JPY.
Currently, KRW/INR is trading close to its 90-day high, supported by risk-off sentiment and geopolitics. The pair is trading within its recent range and finding support around its recent highs.
Currently, KRW/GBP is trading close to its 3-month average, supported by a neutral risk sentiment. The pair remains within its recent range, with no clear directional catalyst.
KRW/EUR is trading close to its recent highs and near the 90-day average, supported by risk-off sentiment. The pair remains within its recent range.