Globitair

Stock market

South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC

FXStreetSouth Korea

South Korean Won: Equity strength fails to lift KRW against US Dollar – OCBC

OCBC’s Sim Moh Siong and Christopher Wong note a sharp divergence between Korean equities and the Korean Won (KRW), with KOSPI’s strong semiconductor-led rally not translating into KRW gains. Heavy foreign USD futures buying and prior overseas equity flows have supported USD/KRW.

Read the full story at FXStreetOpen in the live monitor

Related discussion groups

No group discusses this yet. Start a discussion group and attach this story.

More news about South Korea

More on Stock market