
What Global Selloff?
Authorities will closely monitor movement and watch out for any excessive herd behavior.
That's probably what someone should be saying about the Nasdaq, or about short vol., or about Bitcoin, or about [fill in the blank with your favorite bubble], but that statement is actually from South Korean finance minister Kim Dong-yeon and he's talking about the won.
The Korean won is now sitting at its strongest levels since September 2016 on rate hike expectations and optimism around a de-escalati