According to financial news platforms, the US dollar has recently performed strongly in the foreign exchange market, with notable fluctuations in exchange rates against currencies such as the Korean won, reflecting an overall appreciation trend of the dollar. In early February, the US dollar index increased by 0.67%, closing at 97.635, with the dollar’s upward momentum continuing.
Main currencies come under pressure, accelerating the dollar’s appreciation
In this round of dollar appreciation, major international currencies have all weakened. Among European currencies, the euro against the dollar fell to 1.1783, a month-on-month decline; the British pound against the dollar also dropped to 1.3651, with a significant decline. This indicates that the dollar’s advantage over developed economy currencies is widening. Meanwhile, the dollar against the Japanese yen rose to 155.71, reaching a stage high, supported by the Bank of Japan’s policy stance that continues to bolster the dollar’s strength.
Asia and other currencies diverge, with notable gains against the Korean won and others
Among Asia-Pacific currencies, the dollar’s appreciation against the Korean won, Swedish krona, and other currencies is prominent. The dollar against the Swedish krona rose to 8.978, an increase of about 1.2%; the dollar against the Canadian dollar also rose to 1.3698, an increase of approximately 0.7%. The Swiss franc has experienced a slight appreciation (the dollar against the Swiss franc rose to 0.7809), but the increase is relatively moderate. This divergence reflects adjustments in global capital flows, with the dollar’s appeal as a safe-haven asset still rising.
Market outlook and the future trend of the dollar against the Korean won
The continuous rise of the dollar index suggests that the dollar appreciation cycle may continue, and the pressure for the dollar to appreciate against emerging market currencies like the Korean won remains. Investors are paying close attention to Federal Reserve policy directions and the global economic situation, which will continue to influence the trends of major currency pairs such as the dollar against the Korean won.
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The US dollar appreciates against the Korean won, and the US dollar index surges strongly to a new high for the period
According to financial news platforms, the US dollar has recently performed strongly in the foreign exchange market, with notable fluctuations in exchange rates against currencies such as the Korean won, reflecting an overall appreciation trend of the dollar. In early February, the US dollar index increased by 0.67%, closing at 97.635, with the dollar’s upward momentum continuing.
Main currencies come under pressure, accelerating the dollar’s appreciation
In this round of dollar appreciation, major international currencies have all weakened. Among European currencies, the euro against the dollar fell to 1.1783, a month-on-month decline; the British pound against the dollar also dropped to 1.3651, with a significant decline. This indicates that the dollar’s advantage over developed economy currencies is widening. Meanwhile, the dollar against the Japanese yen rose to 155.71, reaching a stage high, supported by the Bank of Japan’s policy stance that continues to bolster the dollar’s strength.
Asia and other currencies diverge, with notable gains against the Korean won and others
Among Asia-Pacific currencies, the dollar’s appreciation against the Korean won, Swedish krona, and other currencies is prominent. The dollar against the Swedish krona rose to 8.978, an increase of about 1.2%; the dollar against the Canadian dollar also rose to 1.3698, an increase of approximately 0.7%. The Swiss franc has experienced a slight appreciation (the dollar against the Swiss franc rose to 0.7809), but the increase is relatively moderate. This divergence reflects adjustments in global capital flows, with the dollar’s appeal as a safe-haven asset still rising.
Market outlook and the future trend of the dollar against the Korean won
The continuous rise of the dollar index suggests that the dollar appreciation cycle may continue, and the pressure for the dollar to appreciate against emerging market currencies like the Korean won remains. Investors are paying close attention to Federal Reserve policy directions and the global economic situation, which will continue to influence the trends of major currency pairs such as the dollar against the Korean won.