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The yen-won cross rate has slid to the 850 won per 100 yen area, the first time at that level since July 2024 and before that January 2008, while the yuan-won rate keeps setting new lows on persistent won strength. The pace of the decline is steep enough that some desks read it as an early signal that USD/KRW itself is preparing to reverse lower, which would ease imported-cost pressure and improve the FX backdrop for foreign inflows into Korean assets. Confirmation requires USD/KRW breaking below recent ranges rather than the crosses alone; a rebound in USD/JPY or renewed yuan weakness would keep the move a cross-rate story instead of a broad won trend.
As a Forex signal, watch whether it changes price action, volatility, or flows around KRW=X, JPY=X, CNH=X.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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