The dollar-won exchange rate hovered in the mid-1,470 won range as buying on dips and caution over potential intervention kept the market steady, while the KOSPI rose 1.14% and foreign investors net sold stocks amid global market closures for Martin Luther King Jr. Day.
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[Seoul Foreign Exchange Market]'Buy on Dips VS Authorities on Alert'—Dollar-Won Holds Steady in the 1,470 Range
The dollar-won exchange rate hovered in the mid-1,470 won range as buying on dips and caution over potential intervention kept the market steady, while the KOSPI rose 1.14% and foreign investors net sold stocks amid global market closures for Martin Luther King Jr. Day.
Hana Securities to Hire Specialists for Currency and Government Bond Futures—Applications Close on the 9th
Hana Securities Co. is recruiting experienced professionals for its FX Solutions Division to manage currency and government bond futures, with applications closing on the 9th.
The South Korean won strengthened against the US dollar, with the USD/KRW rate falling to the mid-1,350s amid exporter dollar sales and a weaker global greenback, as market participants tracked global currency trends and awaited key US trade policy developments.
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[Seoul Foreign Exchange Market-Morning]Exporters’ Dollar Sales and Weak Greenback Push USD/KRW to Mid-1,350s—Down 2.30 Won
The South Korean won strengthened against the US dollar, with the USD/KRW rate falling to the mid-1,350s amid exporter dollar sales and a weaker global greenback, as market participants tracked global currency trends and awaited key US trade policy developments.
USD/KRW Turns Lower Intraday as Dollar Index Extends Decline (Update)
USD/KRW exchange rate reverses earlier gains, falling intraday as dollar weakness persists, with the dollar index extending losses in Asian trading
[Seoul Foreign Exchange Market]USD/KRW Narrows Losses After Impeachment Trial Date Set - Down 3.10 Won
USD/KRW exchange rate narrows losses to trade around 1,470 won after Constitutional Court sets date for President Yoon's impeachment trial, amid foreign selling pressure in futures market
[Seoul Foreign Exchange Market]USD/KRW Trades Sideways in Mid-1,460 Range, Down 0.70 Won
USD/KRW trades sideways in mid-1,460 range, influenced by global dollar movements and industrial flows, as foreign investors net sell Korean stocks and currency futures
[Seoul Foreign Exchange Market]USD/KRW Rises to Mid-1,450 Level on Settlement Demand
USD/KRW exchange rate rises to mid-1,450 level due to settlement demand inflow, with foreign investors net buying dollar futures amid KOSPI's afternoon decline
[Seoul Foreign Exchange Market]KRW/USD Exchange Rate Rises to Early 1,450 Won Level, Gains Moderated to 4.60 Won
KRW/USD exchange rate moderates gains to early 1,450 won level, influenced by negotiated volumes and foreign investors' dollar futures selling
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