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South Korean Goes Down as Geopolitical Tensions Continue to Mount

The South Korean won dropped today, joining many other Asian currency in a decline, as mounting geopolitical tensions continued to spoil the investors’ mood.

South Korean Won Avoids Losses

Mixed economic data from China hurt some of Asian currencies, but many of them managed to rise above the opening level by now, and the South Korean won was among them.

South Korean Won Gains on US Dollar, Ignoring Negative Fundamentals

The South Korean won gained against the vulnerable US dollar today even though fundamentals were not supportive to the Asian currency.

South Korean Won Falls During Thursday’s Trading

The South Korean won fell against the US dollar today as the surprise monetary easing from the central bank of Singapore hurt Asian currencies in general while political turmoil in South Korea was hurting the won in particular.

South Korean Won Gains on Dollar & Euro

The South Korean won gained against the US dollar and the euro during the current trading session with the help of domestic fundamentals that were relatively supportive to the currency.

Japanese Yen Mostly Weaker as Traders Await Data

Japanese yen is mostly lower today as traders await data. The currency has been gaining against the US dollar, but those gains are now a little bit limited, and things could be turning around for the USD/JPY pair.

Won Gains Even as Bank of Korea Cuts Base Rate

The South Korean won rallied today even though the nation’s central bank cut its Base Rate unexpectedly. The most likely reason for the rally was the weakness of the US dollar, though the won gained versus the euro as well.

Won Drops vs. Dollar, Domestic Fundamentals Remain Supportive

The South Korean won dipped today against the dollar as the US currency was propelled higher by positive economic data from the United States. Reports from South Korea itself were not bad either and may yet provide support for the won.

South Korean Won Retreats from Two-Week High

The South Korean won fell against the US dollar, following the rally to the two-week high, as the market sentiment was risk-negative and data from the United States boosted the greenback.

South Korean Won Joins Rally After China’s Data

Today’s trade data from China helped many currencies of emerging markets, especially Asian ones. The South Korean won was among winners, rising against the US dollar, which continues to struggle after it has halted its rally.

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