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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 30-day lows around 1499, slightly below its 3-month average. The main driver is the rate differential, with US interest rate prospects remaining a key influence.
Currently, KRW/USD is trading near recent highs within its 3-month range, supported by risk-off sentiment. Broad risk aversion and safe-haven flows are pressuring emerging-market currencies, including KRW,...
KRW/JPY is currently trading close to its recent range highs, holding near 0.1079, which is above the 3-month average. The pair is supported by ongoing risk-off sentiment and safe-haven flows into JPY.
Currently, KRW/INR is trading close to 30-day highs near 0.063731, holding above its 3-month average. The pair is supported by Korea’s trade surplus and export strength, but risk sentiment remains pressured...
Currently, KRW/GBP is trading near recent highs, close to the 90-day average, supported by risk-off sentiment. With risk conditions remaining cautious, the pair may face pressure if global risk appetite recovers.
Currently, KRW/EUR is trading close to recent highs around 0.000584, supported by the balance of rate differentials and stable risk sentiments. The pair is holding near its 60-day high, within a narrow recent range.