The whims of the won

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Watch for US dollar/Korean won to drift down, but don’t expect the won to outperform the yen, says Frank Gong (right), principal and senior interest rate and currency strategist for Bank of America’s global markets group in Asia

The US economy and financial market conditions, the outlook for oil prices, and the US dollar outlook are key factors for the won FX and rates outlook. These factors will have important implications for the two key FX determinants that the Korean Ministry of

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