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Tag: South Korean Won

A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson

A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley’s Wilson

By adminPosted on September 26, 2022

The U.S. dollar’s unrelenting surge is raising worries over corporate earnings, warned a closely followed Wall Street analyst, who noted that similar performances by the currency have historically led to Read more

Korean won weakens to 13-year level after Fed rate increase

Korean won weakens to 13-year level after Fed rate increase

By adminPosted on September 22, 2022

South Korea’s currency weakened to a 13-year low against the U.S. dollar after the Federal Reserve’s interest-rate increase and projections spurred a risk-off mood in Asia. The dollar USDKRW, +1.12% Read more

A strong dollar is stirring trouble in markets: What investors need to know

A strong dollar is stirring trouble in markets: What investors need to know

By adminPosted on July 20, 2022

Last week, the U.S. dollar etched a new entry in the financial history books when it briefly traded above parity with the euro EURUSD, -0.51% for the first time in Read more

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