Morgan Stanley’s Lord Says Worst May Be Over for Korean Won
The won could soon stabilize and even reverse some of its recent slide, as upcoming US interest-rate cuts coincide with the end of South Korea’s policy-easing cycle, according to Morgan...
By Daedo Kim, Kerim Karakaya · Bloomberg Markets
The won could soon stabilize and even reverse some of its recent slide, as upcoming US interest-rate cuts coincide with the end of South Korea’s policy-easing cycle, according to Morgan Stanley strategist James Lord.