NDF Rises to 1,395.60/1,396.00 Won—Up 4.35 Won (Resent)
The dollar-won NDF rose to 1,395.80 won in New York, up 4.35 won from Seoul’s spot close, as UK fiscal concerns boosted dollar demand and pushed the rate near 1,400 won.
NDF Rises to 1,395.60/1,396.00 Won—Up 4.35 Won
The dollar-won one-month NDF rose to 1,395.80 won in New York trading, up 4.35 won from Seoul’s previous close, as dollar demand surged on UK fiscal concerns and safe-haven flows.
South Korean Treasury Futures Mixed Amid US Treasury Weakness Triggered by UK Fiscal Concerns—3-Year Down 3 Ticks
South Korean Treasury futures closed mixed as US Treasuries weakened on UK fiscal concerns, with 3-year contracts down 3 ticks and trading volumes declining.
US Dollar Rises as UK Fiscal Concerns Weigh on Pound
The US dollar advanced as UK fiscal worries triggered a sharp decline in the pound, with the Dollar Index rising and UK gilt yields climbing amid concerns over government borrowing.
The US dollar surged as investors sought safe-haven assets amid UK fiscal concerns and Japanese political instability, sending the pound and yen sharply lower while the dollar index hit a multi-year high.
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US Dollar Surges as UK Fiscal Concerns and Japanese Political Uncertainty Drive Safe-Haven Demand
The US dollar surged as investors sought safe-haven assets amid UK fiscal concerns and Japanese political instability, sending the pound and yen sharply lower while the dollar index hit a multi-year high.
KTB Futures Mixed Amid UK-Driven US Treasury Weakness—10-Year Down 4 Ticks
KTB futures closed mixed as UK fiscal concerns triggered a sell-off in US Treasuries, with 10-year KTB futures down 4 ticks and US yields rising despite weaker US jobs data.
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