dailypro2020

Table of Contents The Anatomy of a Currency Collapse The Foreign Selling Feedback Loop Government Intervention: All Talk, No Meaningful Action... Regional Context: KRW the Worst Performer in Asia USD/KRW Hits 1,539: Foreign Selling Tsunami Engulfs Korea Published: June 6, 2026 | By Korean Markets Analyst The Korean won is staring down a level not seen in 17 years — and the implications extend far beyond currency traders and importers. USD/KRW closed at 1,539.1 on June 5, up 9.4 won from the previous session, after touching an intraday high of 1,549.1 — coming within less than one won of the psychologically-critical 1,550 threshold that has become the new line in the sand for Korean policymakers. The last time the won was this weak was March 9, 2009, when it hit 1,549.0 during the depths of the Global Financial Crisis. That was a different world — before quantitative easing, before the zero-interest rate era, before Korea emerged as a global tech powerhouse. The comp...

USD/KRW Hits 1,539: Foreign Selling Tsunami Engulfs Korea Published: June 5, 2026 | By Korean Markets Analyst The Korean won is staring down a level not seen in 17 years — and the implications extend far beyond currency traders and importers. USD/KRW closed at 1,539.1 on June 5, up 9.4 won from the previous session, after touching an intraday high of 1,549.1 — coming within less than one won of the psychologically-critical 1,550 threshold that has become the new line in the sand for Korean policymakers. The last time the won was this weak was March 9, 2009, when it hit 1,549.0 during the depths of the Global Financial Crisis. That was a different world — before quantitative easing, before the zero-interest rate era, before Korea emerged as a global tech powerhouse. The comparison is sobering. I've been covering Asian foreign exchange markets since 2015, and I can tell you with confidence: this episode feels fundamentally different from previous won weakness cycles. At Inc...