Mixed economic data from China hurt some of Asian currencies, but many of them managed to rise above the opening level by now, and the South Korean won was among them.
While some currencies reacted negatively to the news from China, the won managed to avoid losses. Yet the currency remains in danger as traders are nervous ahead of the speech of US President reacted negatively. They are not sure what Trump’s presidency will mean to the global economy, and markets do not like uncertainty.
USD/KRW fell 0.71% to 1,169.14 as of 14:39 GMT today.
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