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Market Impact: 0.35

Korean Won Advances Past Key Psychological Level of 1,400 Per Dollar

Currency & FXTechnology & InnovationEconomic Data

The South Korean won strengthened past 1,400 per $ for the first time in over 10 months, extending its recovery. The move is attributed to support from a booming semiconductor industry, a development likely to impact won-sensitive FX and regional tech-linked equities.

Analysis

The South Korean won strengthened past 1,400 per $ for the first time in over 10 months, extending its recovery. The move is attributed to support from a booming semiconductor industry, a development likely to impact won-sensitive FX and regional tech-linked equities.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15

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