USD/KRW Forecast: Short-Term Gains Ahead of Long-Term Dollar Decline
USD/KRW Forecast: Short-Term Won Weakness Ahead of Long-Term Appreciation Short-term won weakness likely as dollar benefits from rising real interest rate spreads. Sronger growth and lower inflation combined with slight currency undervaluation should see won appreciation long term. Short-Term / Tactical Outlook: Won at Risk from Rising Real Yield Spreads The US dollar…