South Korea’s FX swap market saw mixed movements as the T/N (tomorrow/next) tenor turned positive for the first time this year, driven by quarter-end won liquidity concerns and spot market flows, while longer tenors showed divergent trends amid PCE inflation data impact.
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https://en.infomaxai.com/news/articleView.html?idxno=83954
FX Swap Points Mixed—T/N Turns Positive for First Time This Year
South Korea’s FX swap market saw mixed movements as the T/N (tomorrow/next) tenor turned positive for the first time this year, driven by quarter-end won liquidity concerns and spot market flows, while longer tenors showed divergent trends amid PCE inflation data impact.