South Korea's won faces renewed upward pressure as Trump's surprise tariff hike on autos sparks short covering, with the dollar-won rate rebounding toward 1,450 amid market uncertainty and technical correction.
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Seoul FX Market Faces Inevitable Short Covering on Trump Tariff Shock—1,450 Won Resistance Breached Instantly
South Korea's won faces renewed upward pressure as Trump's surprise tariff hike on autos sparks short covering, with the dollar-won rate rebounding toward 1,450 amid market uncertainty and technical correction.