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US Treasury Maintains South Korea on Currency Monitoring List Amid Ongoing Won Depreciation

Guavy AI Editorial Team
Instruments
USD
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The US Treasury Department has kept South Korea on its currency monitoring list due to the ongoing depreciation of the won, despite the nation's strong economic fundamentals.

Korean authorities are gradually easing foreign exchange restrictions to support market liquidity and cooperating with US counterparts for FX stability.

The USD/KRW pair shows sustained bearish momentum, with a high probability of moving towards ₩1,448 if the ₩1,460 support level breaks. Technical signals indicate oversold conditions and continued downside bias.

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