Won Slides, Gold Climbs as Oil Drops on a Fractured Macro Tape
The Setup Cross-asset markets sent conflicting signals on September 17, and that divergence is the story. The Korean won weakened sharply, with USD/KRW up 1.58% to 1,366.85, while the dollar was far more contained against the yen, with USD/JPY rising just 0.32% to 154.87. Gold pushed higher, up 1.23% to $4,386.20, at the same time … Read more
