Won falls as Yen declines

Source: Bloomberg
The South Korean Won declined as the Yen's fall boosted concern Korea will take steps to weaken the nation's currency to support exporters. The Won weakened 0.2% to 1,086.36 per U.S. Dollar in Seoul, with one-month implied volatility, rising 17 basis points to 7.44%. Korea's currency climbed as much as 1% versus Japan's peer to 11.52 per yen. 

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.