Seoul forex dealers expect dollar-won to gap up to 1,500 won level on Powell's hawkish FOMC remarks and Iran energy facility attacks, though upside may be capped by quarter-end flows and authorities' vigilance, with one-month NDF quoted at 1,508.25 won overnight.
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[Today's Forex Dealer Expected Exchange Rate Range]Dollar-Won Expected to Gap Up to 1,500 Won Level on Powell's Hawkish Remarks
Seoul forex dealers expect dollar-won to gap up to 1,500 won level on Powell's hawkish FOMC remarks and Iran energy facility attacks, though upside may be capped by quarter-end flows and authorities' vigilance, with one-month NDF quoted at 1,508.25 won overnight.