Newsletter

Dollar Expected to Drop to 1,360 Won Range Amid US Economic Concerns

(Seoul = Yonhap Infomax) Reporter Gyu-seon Lee = Foreign exchange dealers in the Seoul foreign exchange market expected the dollar won exchange rate to drop to the 1,360 won range on the 10th.

Last night, the number of unemployment insurance claimants in the United States rose to the highest level in eight months, raising expectations of a slowdown in employment in the United States.

The dollar has weakened and the dollar earned is expected to fall as well.

It is expected that we will keep an eye on the domestic stock market trends and the Yen trend during the day.

The previous day, the KOSPI was sluggish, the Yen weak, and the dollar gained price rose to the 1,370 won range.

In the New York NDF market, the 1-month dollar contract was last quoted at 1,363.75 won (MID) last night. Considering the recent 1-month exchange point (-2.30 won), it is 4.05 won below the spot exchange closing price in the Seoul battlefield foreign exchange market (1,370.10 won).

The expected range for the dollar won exchange rate is expected to be 1,360 to 1,372 won.

◇ Bank Dealer

It has been confirmed that the US Federal Reserve will not raise interest rates, but it is difficult to bet on a cut. It looks like the sideways trend will continue on this day as well. Additional momentum is needed until the range market breaks through.

Estimated range: 1,365.00 ~ 1,372.00 won

◇ Bank B dealer

It is likely to trade in the mid to high range of 1,360 won. The number of unemployment claims last night in the United States continued to raise expectations of a slowdown in employment, and the dollar was also weak. The price gained by the dollar is expected to reverse the previous day’s gains. However, there is unlikely to be much volatility. Next week’s April US consumer price index is the most important.

Estimated range: 1,362.00 ~ 1,371.00 won

◇ C Company Securities dealer

We watch the movements of the Yen. As the weakness of the Yen recedes last night, the gain may also show some strength. In addition, the fact that risky investment sentiment is maintained as the US stock market performs better than expected is also a factor in looking down on the price gained by the dollar today.

Estimated range: 1,360.00 ~ 1,370.00 won

kslee2@yna.co.kr

(end)

This article was published on the Infomax financial information terminal at 08:46, two hours earlier.

Send an article to SNS Send an article to Facebook Send an article to Twitter Send an article to Kakao Story Send an article to Kakao Chat Send an article to Naver Band Send an article to Naver Blog Send an article to Pinterest Find other shares

#오늘 #외환딜러 #환율 #예상레인지