Beginners

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Economic Indicator

USD/KRW: BoK neutral shift supports KRW – DBS

Source Fxstreet

The BoK’s move to drop rate-cut language has offered the KRW some support, even as officials flag rising overseas investment by young Koreans and call for more cautious FX hedging by the national pension fund, DBS' Senior FX Strategist Chang Wei Liang notes.

Youth outflows raise FX concerns

"USD/KRW could stabilize at around 1460 with the BOK removing references to a rate-cutting stance it its policy statement, after keeping rates on hold. A neutral stance should lend support to the beleaguered KRW, with weakness driven by resident outflows."

"BOK Governor Rhee highlighted a worrying trend of youths investing heavily in overseas stocks, and he also urged the National Pension Service to adopt more 'strategic ambiguity' in its FX hedging approach, given that its FX actions have significant macro impact."

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

US Dollar's Decline Predicted in 2026: Morgan Stanley's Outlook on Currency Volatility Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.

Author Mitrade

Nov 25, Tue

Morgan Stanley forecasts a 5% drop in the dollar by mid-2026, attributed to continued Fed rate cuts. A recovery may follow as growth improves and funding currency dynamics shift favorably toward the euro and Swiss franc.

Asian Stocks Rise Amid Growing Fed Rate Cut Expectations; Yen Remains in Focus Asian markets experienced gains as expectations for a Federal Reserve rate cut rose, softening the dollar. Attention turns to the yen's potential for intervention, while China's Vanke navigates bond repayment challenges.

Author Mitrade

Yesterday 02: 37

Asian markets experienced gains as expectations for a Federal Reserve rate cut rose, softening the dollar. Attention turns to the yen's potential for intervention, while China's Vanke navigates bond repayment challenges.

Robinhood Stock Surges as It Expands into Booming Prediction Markets Robinhood is deepening its push into the rapidly growing prediction markets space, driving its stock sharply higher as investors cheer the strategic expansion.

Author Mitrade

Yesterday 06: 33

Robinhood is deepening its push into the rapidly growing prediction markets space, driving its stock sharply higher as investors cheer the strategic expansion.

Dollar Faces Sharp Weekly Decline as Investors Shift Focus to Euro and Aussie Dollar The U.S. dollar is set for its most significant weekly drop in four months, driven by expectations of monetary easing and pressure to reduce interest rates. In contrast, the yen and Australian dollar gain traction amid shifting market dynamics.

Author Mitrade

8 hours ago

The U.S. dollar is set for its most significant weekly drop in four months, driven by expectations of monetary easing and pressure to reduce interest rates. In contrast, the yen and Australian dollar gain traction amid shifting market dynamics.

MediaTek Shares Post Best Week Since 2002 on Google AI Partnership MediaTek Inc. is heading for its strongest weekly performance in over two decades, fueled by growing investor optimism around the Taiwanese chipmaker's collaboration with Google on artificial intelligence technology.

Author Mitrade

5 hours ago

MediaTek Inc. is heading for its strongest weekly performance in over two decades, fueled by growing investor optimism around the Taiwanese chipmaker's collaboration with Google on artificial intelligence technology.

Popular Symbols