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The Zhitong Finance App learned that foreign exchange options traders are betting that the Korean won will continue to lead the Asian foreign exchange market since July. On Wednesday, the premium gap between one-month options benefiting from a rise in USD/KRW versus options benefiting from a fall in USD/KRW narrowed for the third day in a row, indicating that the market's expectations for a further strengthening of the won are heating up.
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The Zhitong Finance App learned that foreign exchange options traders are betting that the Korean won will continue to lead the Asian foreign exchange market since July. On Wednesday, the premium gap between one-month options benefiting from a rise in USD/KRW versus options benefiting from a fall in USD/KRW narrowed for the third day in a row, indicating that the market's expectations for a further strengthening of the won are heating up.
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