Bank of Korea Governor Lee Chang-yong urges shift in exchange rate analysis framework, advocating dollar index comparison over historical won levels
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Lee Chang-yong - 'Move Beyond Comparing Exchange Rate Levels to the Past... Compare Against Dollar Index'

Bank of Korea Governor Lee Chang-yong urges shift in exchange rate analysis framework, advocating dollar index comparison over historical won levels

Yonhap Infomax
USD Purchasing Power

While EUR/USD and GBP/USD pairs continue to move in a certain trend, we are watching the selling pressure continue in general. Gold and silver prices are also experiencing uncertainty before the Fed rate decision. While silver prices have relatively accelerated their sales, gold prices continue to be volatile within the framework of bond yields. This uncertainty may continue until the Fed rate decision. #ForexTrends #PreciousMetals #GoldPrice #SilverPrices #CurrencyAnalysis #MarketAnalysis