The South Korean won continued its strong downward trend, reaching its lowest level since 2009, despite the ongoing Kospi Index surge. The USD/KRW exchange rate surged to 1,550, up sharply from the year-to-date low of 1,420. South Korean won, and the Kospi divergence continues The South Korean won and the country’s stock market have diverged
Financial markets remained volatile early Friday as investors awaited a closely watched employment report from the United States that is expected to provide fresh insight into labour market conditions and the outlook for monetary policy. The report will include Nonfarm Payrolls, the Unemployment Rate, and wage inflation data. Statistics Canada is also scheduled to release
The US Dollar strengthened against major currencies on Wednesday, supported by stronger-than-expected economic data and continued uncertainty surrounding negotiations between the United States and Iran. Investors are now turning their attention to key labour market data due later this week, including weekly jobless claims and the closely watched Nonfarm Payrolls report for May. The Dollar’s
The Japanese yen continued its downward spiral today as the US dollar rally gained steam, overriding predictions that the BoJ will hike interest rates twice this year. The USD/JPY exchange rate jumped to 159.88, its highest point since April 30th. It has now nearly completed its recovery since the BoJ intervened in April. US to
France has maintained its position as Europe’s leading destination for foreign direct investment projects, according to the latest EY Europe Attractiveness Survey. The country attracted 852 new investment projects in 2025, far ahead of its closest rivals, even as the overall number of projects across Europe fell to the lowest level in 11 years, the
The US Dollar held its ground on Wednesday as investors assessed escalating tensions in the Middle East while preparing for a series of key economic releases from the United States later in the day. Market participants are closely watching the release of the ADP Employment Change report, the ISM Services Purchasing Managers Index (PMI) for
The US Dollar traded slightly lower during the European session on Tuesday as investors awaited the release of the United States Job Openings and Labour Turnover Survey data for April, scheduled for publication at 14:00 GMT. At the time of writing, the US Dollar Index, which measures the Greenback against a basket of six major
Financial markets traded cautiously on Tuesday as investors assessed the latest developments in the Middle East and awaited key economic data releases from Europe and the United States. During the European session, market participants focused on the upcoming release of the preliminary May Harmonized Index of Consumer Prices data from Eurostat. The report is the
Major currency pairs struggled to move decisively away from last week’s closing levels on Monday as investors largely shrugged off developments pointing to a renewed escalation of tensions in the Middle East. Market participants remained focused on upcoming economic data, with the United States set to release the Institute for Supply Management’s (ISM) Manufacturing Purchasing
South Korea’s stock market has become one of the biggest beneficiaries of the global artificial intelligence boom, powered by surging demand for semiconductors from technology giants such as SK Hynix and Samsung Electronics. Yet even as the country’s benchmark Kospi index has outperformed every other major equity market over the past year, the South Korean