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Market Impact: 0.3
Won Climbs to Two-Year High With Rally Momentum at Extremes
Source: Bloomberg
Equity Markets & FlowsEmerging MarketsTechnology & InnovationInvestor Sentiment & Positioning
South Korea’s won strengthened to its best level in nearly two years on Monday, supported by a rally in semiconductor stocks and continued foreign inflows into the country’s benchmark equity index. The combination of tech-led equity momentum and persistent capital inflows is a modestly positive signal for the near-term FX/market backdrop.
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