The dollar-won exchange rate opened above 1,480 as risk aversion intensified following a sharp Nasdaq decline, but upside is capped by suspected official intervention; dealers expect a trading range of 1,475.00–1,485.00 won.
#YonhapInfomax #DollarWon #ExchangeRate #RiskAversion #OfficialIntervention #NasdaqDecline #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101253
[Today's Forex Dealer Expected Exchange Rate Range]Dollar-Won Rate Opens Above 1,480 as Risk Aversion Intensifies; Upside Capped by Authorities' Intervention
The dollar-won exchange rate opened above 1,480 as risk aversion intensified following a sharp Nasdaq decline, but upside is capped by suspected official intervention; dealers expect a trading range of 1,475.00–1,485.00 won.
The USD/KRW is expected to open slightly higher on the final trading day as authorities intensify year-end closing price management, with market direction hinging on official intervention and foreign investor flows.
#YonhapInfomax #USDKRW #YearEndClosing #ForeignInvestor #OfficialIntervention #ExchangeRate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=97642
[Shin Yoon-woo's FX Analysis] Year-End Closing Price Hinges on Authorities
The USD/KRW is expected to open slightly higher on the final trading day as authorities intensify year-end closing price management, with market direction hinging on official intervention and foreign investor flows.
The dollar-won exchange rate fell to the low 1,430 won range in the London session, closing at 1,429.80 won amid suspected official intervention, exporter dollar selling, and foreign investor stock buying, with market participants remaining cautious ahead of year-end.
#YonhapInfomax #DollarWon #ExchangeRate #ForeignExchangeMarket #OfficialIntervention #YearEndCaution #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=97577
Dollar-Won Trades in Low 1,430s in London Session—Down 7.30 Won
The dollar-won exchange rate fell to the low 1,430 won range in the London session, closing at 1,429.80 won amid suspected official intervention, exporter dollar selling, and foreign investor stock buying, with market participants remaining cautious ahead of year-end.
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