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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 90-day average within a narrow range near recent highs. It is supported by a rate differential that favours the US Dollar, but risk-off sentiment is limiting upside movement.
Currently, KRW/USD is trading close to its 3-month average, supported by risk-off sentiment and geopolitical uncertainties. The pair remains within a narrow range near recent highs, suggesting caution and consolidation.
Currently, KRW/JPY is trading close to the 90-day average and supported by its recent stable range. The pair is consolidating within its recent range, with no clear catalyst pushing strongly in either direction.
Currently, KRW/INR is trading close to recent highs within its three-month range, supported by risk-off sentiment. The pair has shown recent upward momentum, but near-term conditions suggest pressure may remain on the pair.
Currently, KRW/GBP is trading close to 0.000502, holding near its 3-month average within a range. Risk sentiment remains the dominant driver, with safe-haven flows supporting the pair.
Currently, KRW/EUR is trading near its 3-month average, holding within a stable range. The dominant driver remains the rate differential, which offers no clear directional bias.