South Korean Won: Recovery Favoured on Dips Amidst Shifting Risk Sentiment

OCBC strategists favor South Korean Won (KRW) recovery on dips, despite recent retracement due to broader risk aversion. USD strength persists due to Fed's hawkish stance and interest rate differentials. Technical analysis suggests current KRW weakness is transient, with fundamentals supporting eventual appreciation. Traders should eye global risk sentiment and economic data for entry points.