简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
USD/KRW to hover around 1,210 by end-Q2 as Ukraine war keeps won weak – MUFG
Abstract：USD/KRW was volatile in March and ended 0.6% higher on the month amid the background of a 1.36% appreciation of US dollar. Risk sentiment will still be the key factor driving USD/KRW movements in April. Economists at MUFG Bank forecast the pair at 1,210 by the end of the second quarter.
Potential lower risk aversion would provide some support for KRW in the medium-term
“For now, geopolitical conflict still is a key driving force for the USD/KRW. As Russia and Ukraine are negotiating, we expect no escalation but think the uncertainty of Russia-Ukraine situation will remain in near-term, and keep KRW weak in near-term. We forecast USD/KRW at 1,210 by end of Q2.”
“As the country relies on imports to meet almost all of its dry natural gas and crude oil consumption, higher energy prices caused by the Ukraine war will have a direct negative impact on Koreas trade balance. That said, we still remain positive on the KRW against USD in the medium term.”
“We expect USD/KRW to fall to 1,185.0 by year-end, assuming a resolution to the Ukraine war, better contained pandemic and normalized investor sentiment toward Korean assets.”
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
U.S. Stocks Bounce Back for Two Consecutive Days, Is a Positive Outlook Ahead?
The U.S. stock market has rebounded for two consecutive days. Could this signal a potential turning point, or is it just a temporary uptick? Let's explore the market movements, their underlying causes, and how investors should respond.
U.S. Consumer Weakness: Is It Good or Bad?
U.S. retail data for February came in below expectations, raising concerns about slowing consumer spending. Does this signal the beginning of an economic slowdown, or is it just a temporary fluctuation? Let's dive into the analysis.
Acuity Trading and interop.io have joined forces
Acuity Trading and interop.io have joined forces to streamline financial data integration, enabling traders, brokers, and institutions to access real-time market intelligence without disrupting their existing systems. This partnership represents a significant step forward in addressing one of the financial industry’s most persistent challenges—integrating vast amounts of market data from diverse sources.
How to Avoid Risks from Scam Brokers in Forex Investment？
In recent years, the forex market has become a popular choice for global investors due to its high liquidity and 24-hour trading advantages. However, according to the recently concluded WikiFX "3·15 Forex Rights Protection Day " event, we received over 6,000 pieces of evidence exposing rights violations within a short period. This reflects that, although the forex industry is becoming more regulated, fraudulent platforms continue to emerge, causing significant suffering for many victims.
WikiFX Broker
Latest News
How to Avoid Risks from Scam Brokers in Forex Investment
WikiFXBeware: Forex Investment Fraud Targeting Low Income Earners
WikiFXCentral Bank Policies，Forex Markets and Gold Prices
WikiFXThese 24 Crypto Scams Are Accelerating the Theft of Your Assets
WikiFXBeware of Fake 'Educational Foundations' Targeting Crypto Investors, Warns North Dakota Regulator
WikiFX49 Foreigners Arrested in Illegal POGO Raid in Pasay City
WikiFXWe Asked Grok About Illegal FX Brokers—Here’s What It Revealed
WikiFXExposing Trading Academy Scams: How Aspiring Traders are at Risk
WikiFXOnline Investment Scams on the Rise: How Two Victims Lost Over RM100K
WikiFXVanished Savings: How One Woman Lost RM412,443 to an Online Scam
WikiFXCurrency Calculator
