empty
 
 

08.09.202503:00:36UTC+00South Korean Won Holds Firm on US Jobs Data, Trade Talks

The South Korean won remained steady around 1,386 per dollar on Monday, maintaining its strength from the previous session as the US dollar softened following weaker labor data out of the US. August figures revealed that US job creation fell short of expectations, indicating a slowdown in the world's largest economy and strengthening the likelihood of upcoming interest rate cuts by the Federal Reserve. In South Korea, the trade minister emphasized plans for ongoing negotiations with the US to protect national interests, aiming to lessen the impact of American tariffs on Korean companies within an unresolved bilateral framework. As the week progresses, attention turns to upcoming key US inflation data, which are anticipated to influence forecasts regarding the Federal Reserve’s interest rate decisions and the overall direction of the US dollar.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback