Tag: South Korean won
Asia FX Markets Shaken: Yen Slumps on Election Jitters, Won Reverses...
Most Asian currencies moved sideways on Thursday, with price action largely muted across the region. The Japanese yen hovered near 18-month lows amid renewed...
Asia FX Quiet in Year-End Trade, Won Rises on Government Backing
Most Asian currencies and the U.S. dollar traded largely flat on Monday as thin year-end conditions kept market activity subdued. The standout was the...
Japan Sparks Yen Surge With Fresh FX Intervention Signals
Major foreign exchange pairs traded mixed on Wednesday, with Asian currencies drawing the most attention. The South Korean won surged after authorities signaled new...
Asia Currencies Slip as Fed Cut Odds Fade; Japan GDP Contracts
Asian currencies slipped on Monday, with the South Korean won taking the biggest hit, as expectations for a potential U.S. rate cut next month...
Asia FX Steady as Rate-Cut Hopes Fade and Dollar Weakens
Most Asian currencies traded in a narrow and mostly weaker range on Friday as investors sharply reduced expectations that the Federal Reserve will cut...
Asian Currencies, Dollar Steady Ahead of Powell’s Fed Speech
Asian currencies and the U.S. dollar traded quietly on Thursday as investors awaited the Federal Reserve’s Jackson Hole symposium for signals on the future...
China’s Economic Weakness Drives Yuan Short Bets to May Levels
Bearish bets on China’s yuan climbed to their highest level since mid-May, according to a Reuters poll released Thursday. Analysts turned short on the...
