Korean won rises slightly against US dollar

The Korean won has risen slightly against the US dollar, despite the overall strength of the US currency. This is because expectations of a rate hike by the Federal Reserve have been lowered, reducing the need for the US dollar to strengthen. The won's gain is a result of the US job market reporting slower-than-expected growth in September, which has reduced the likelihood of the Fed tightening its monetary policy. As a result, the Korean won has appreciated slightly, but rising US Treasury yields remain a focus for investors.

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The Korean won rose slightly against the U. S.

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