Back to News
Market Impact: 0.2
Citi’s Korea Trading Head Says Buy Won Near 1,400 Per Dollar
Source: Bloomberg
Currency & FXTechnology & InnovationEconomic Data
Citigroup expects South Korea’s won to recover against the U.S. dollar by year-end after its recent weakness. The outlook is supported by growth momentum from South Korea’s semiconductor sector, which could strengthen the country’s economic and currency fundamentals.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly positive
Sentiment Score
0.30
Ticker Sentiment
C0.15
More News
- Citi initiates Vusion at buy, sees 84% upside on electronic shelf label growth
- Sectors bracing for a pivot as US midterm elections loom
- Meta lines up dollar and euro bonds days after S&P’s warning
- Marvell to buy Lumentum in $115 billion deal in AI data-center bet
- Statement by the Monetary Policy Board: Monetary Policy Decision
- Marvell, Lumentum tout historic $115B deal to create ‘category leader' in AI connectivity