USD/KRW to decline to 1175.0 by Q1 2022 – MUFG By MSalordFX USDKRW Banks
e downside over the rest of the year and forecast it at 1150.0 by the third quarter and at 1145.0 by year-end.South Korea has been facing an elevated number of new daily confirmed Covid-19 cases since mid-January, the country reported a record high 14,518 new cases on 27th January, exceeding the previous peak in mid-December last year of 7,850.
“The government has enforced new containment measures including expanded rapid testing which will help to mitigate the spread of highly transmissible Omicron variant. Also, on January 21st, South Korea proposed an additional budget of 14 trillion won to support small and micro merchants hit by extended Covid-19 management measures caused by the protracted pandemic.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
USD/KRW to grind higher higher gradually towards May 2020 peak of 1237/1245 – SocGenUSD/KRW has broken out above the consolidation since October pointing towards continuation in the uptrend. Economists at Société Générale expect the p
Baca lebih lajut »
NZD/USD to enjoy a gradual increase towards 0.70 by end-2022 – ANZThe NZD/USD is assumed to appreciate steadily to reach the 0.70 level by the end of the 2022 calendar year, economists at ANZ Bank report. Steady lift
Baca lebih lajut »
EUR/USD Forecast: February 2022The euro fell apart during the last week of January, the finale to what had been a very noisy and choppy sideways market. Tomorrow begins the new month of February. Will you trade the EURUSD? Get our forecast:
Baca lebih lajut »
US Dollar Forecast: More Gains to Follow? USD/SGD, USD/THB, USD/IDR, USD/PHPThe US Dollar is attempting to redeem itself against ASEAN currencies, but key resistance levels held. What is the road ahead for USD/SGD, USD/THB, USD/IDR and USD/PHP? Get your market update from ddubrovskyFX here:
Baca lebih lajut »
GBP/USD firm on BoE sentiment, USD wekaness, pressing against critical resistanceGBP/USD firm on BoE sentiment, USD wekaness, pressing against critical resistance By ross_burland GBPUSD BOE CentralBanks DollarIndex Currencies
Baca lebih lajut »
USD/CAD remains on the defensive around 1.2700 amid bullish oil prices/weaker USDUSD/CAD remains on the defensive around 1.2700 amid bullish oil prices/weaker USD By HareshMenghani USDCAD OPEC Fed EconomicIndicator Currencies
Baca lebih lajut »