Seoul forex dealers predict dollar-won will fall to late 1,400s as U.S.-Iran ceasefire agreement triggers risk-on sentiment, with oil price plunge supporting recovery in risk appetite and expected trading range of 1,482-1,500 won amid offshore long stops and exporter selling pressure.
#YonhapInfomax #DollarWonExchangeRate #USIranCeasefire #RiskAppetite #OilPricePlunge #ForexMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=114322
[Today's Forex Dealer Expected Exchange Rate Range]Dollar-Won Expected to Fall to Late 1,400s on U.S.-Iran Ceasefire Relief
Seoul forex dealers predict dollar-won will fall to late 1,400s as U.S.-Iran ceasefire agreement triggers risk-on sentiment, with oil price plunge supporting recovery in risk appetite and expected trading range of 1,482-1,500 won amid offshore long stops and exporter selling pressure.
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Bank of Korea's after-hours verbal intervention on won's 17-year low raises questions about timing effectiveness, as market participants seek real-time stability signals rather than post-trading communication amid transition to 24-hour forex trading system
#YonhapInfomax #BankOfKorea #VerbalIntervention #ExchangeRate #ForexMarket #MarketStabilization #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=113237
[From the Field]After-Hours Verbal Intervention - Who Was the Message For?
Bank of Korea's after-hours verbal intervention on won's 17-year low raises questions about timing effectiveness, as market participants seek real-time stability signals rather than post-trading communication amid transition to 24-hour forex trading system
Yonhap Infomax
Gold Consolidates Near 5,050 After Sharp Volatility and February Pullback
Gold is trading near the 5,046 level on the 4-hour timeframe following a period of heightened volatility that occurred around early February...
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Dollar-Yen Falls Below 153 Yen
The dollar-yen exchange rate breaks below the 153 yen mark, signaling notable movement in the foreign exchange market.
Yonhap Infomax