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via fxstreet.comMarkets

South Korean won: recovery favoured on dips, says OCBC

FROM THE WIRE · FXSTREET.COM

OCBC strategists Christopher Wong and Sim Moh Siong describe South Korean Won's (KRW) initial strength and subsequent retracement as broader risk aversion resurfaced.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe South Korean won is under pressure as risk aversion resurfaced after its initial strength.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01OCBC strategists describe the initial strength of the South Korean won (KRW).
  2. 02The subsequent retracement is linked to renewed risk aversion.
  3. 03Recovery is seen as favoured on dips.

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