South Korean Won: Trade Surplus Widening - ING's Macro Signals and Strategic Implications

ING's research highlights a strengthening outlook for the South Korean Won (KRW) driven by expectations of a widening trade surplus and stronger industrial production. This analysis suggests potential KRW appreciation against major currencies, especially the JPY, due to fundamental improvements and monetary policy divergence. Traders should monitor upcoming data for confirmation and potential long KRW positioning.