Dollar-Won Narrows Losses on Strong US Weekly Jobs Data, Closes Just Below 1,470 Won
The dollar-won exchange rate narrowed losses to close just below 1,470 won after strong US jobless claims data fueled a stronger dollar and robust FX trading activity.
The dollar-won exchange rate closed near 1,480, extending gains as the Korean won tracked the yen's sharp depreciation amid Japan's fiscal concerns and expectations of expansionary policy, with the dollar-yen rate surpassing 159 and spot FX trading volume reaching $13.4 billion.
#YonhapInfomax #DollarWon #ExchangeRate #YenWeakness #FiscalPolicy #SpotFXVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99664
Dollar-Won Closes Near 1,480, Extending Gains in Tandem with Yen Weakness
The dollar-won exchange rate closed near 1,480, extending gains as the Korean won tracked the yen's sharp depreciation amid Japan's fiscal concerns and expectations of expansionary policy, with the dollar-yen rate surpassing 159 and spot FX trading volume reaching $13.4 billion.
The dollar-won exchange rate closed above 1,481.00 for the first time in overnight trading since July, as thin year-end liquidity and continued dollar buying pushed the won to its weakest level since April, with spot FX volume remaining elevated amid cautious sentiment.
#YonhapInfomax #DollarWon #ExchangeRate #YearEndTrading #SpotFXVolume #WonWeakness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96702
Dollar-Won Closes Above 1,481.00 in Thin Year-End Trading as Gains Widen
The dollar-won exchange rate closed above 1,481.00 for the first time in overnight trading since July, as thin year-end liquidity and continued dollar buying pushed the won to its weakest level since April, with spot FX volume remaining elevated amid cautious sentiment.
Dollar-Won Gains Narrow on Weak US Job Openings, Closes at 1,389.70
The dollar-won exchange rate closed at 1,389.70, narrowing gains after weaker-than-expected US job openings data tempered the global dollar rally.
The dollar-won exchange rate fell to 1,381 as US Treasury yields declined following comments from Treasury Secretary Besant on Fed Chair Powell’s tenure, with the US Dollar Index hitting a monthly low and spot FX trading volume reaching $14.75 billion.
#YonhapInfomax #DollarWon #USTreasuryYields #USDollarIndex #JeromePowell #SpotFXVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=73222Dollar-Won Extends Losses to Close at 1,381 as US Treasury Yields Fall
The dollar-won exchange rate fell to 1,381 as US Treasury yields declined following comments from Treasury Secretary Besant on Fed Chair Powell’s tenure, with the US Dollar Index hitting a monthly low and spot FX trading volume reaching $14.75 billion.
The dollar-won exchange rate closed at 1,355.30 won amid US rate cut expectations and persistent trade uncertainty, with spot FX trading volume hitting a record high since the extension of market hours.
#YonhapInfomax #DollarWon #ExchangeRate #USRateCut #TradeUncertainty #SpotFXVolume #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=70055Dollar-Won Closes in 1,355 Range—US Rate Cut Hopes VS Trade Uncertainty
The dollar-won exchange rate closed at 1,355.30 won amid US rate cut expectations and persistent trade uncertainty, with spot FX trading volume hitting a record high since the extension of market hours.
Dollar-Won Narrows Losses on Trump-Xi Call, Closes at 1,356.50
The dollar-won exchange rate closed at 1,356.50, narrowing losses after a Trump-Xi call revived risk appetite, with limited direction due to Seoul’s holiday closure.
Dollar-Won Holds Steady Amid Lack of Catalysts, Closes Up 6.50 Won
The dollar-won exchange rate closed at 1,376.00 won, up 6.50 won, as bargain buying persisted amid a lack of major catalysts, with the U.S. dollar index rebounding for a second day.
Yonhap Infomax News