Fundamental Analysis
Posted 46 min ago
North Asian currencies lead; Korean won up 13% in two months
Korean won has surged 13% in recent months, with USD/KRW approaching 1350—a level that may prove difficult to sustain. Renminbi continues steady appreciation while Indonesian rupiah and Philippine peso show relative weakness. The move reflects broader North Asian FX strength, but traders should watch support levels as momentum potentially fades.
Read full story on source
New to MyTradingLand?
Sign up now to get your own personalized timeline!
Join CommunityAlready have an account? Log in