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USD/KRW opened at 1,340.5 won on September 9, 5.1 won below the previous session's 1,345.6 close, with Seoul Money Brokerage Services setting the day's base rate at 1,341.1 won. The move puts the pair near the bottom of its 1,340.5-1,555.8 won range for the year, and a firmer won typically improves the FX-hedged return math for foreign buyers of KOSPI equities while easing imported-inflation pressure on the Bank of Korea. Watch whether spot breaks below the September 8 intraday low of 1,336.3 won on sustained dollar weakness, since a decisive move under that level would confirm a shift in the won's trend rather than a one-day repricing.
As a Forex signal, watch whether it changes price action, volatility, or flows around KRW=X, KOSPI.
Original Source: 토큰포스트
This page is market information analysis, not investment advice.
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