# FX Daily: On the path to KRW deliverability | articles | ING THINK

> Korean authorities are testing extended won trading hours as they prepare for full currency deliverability. The dollar firmed after strong US ISM services data, with DXY expected to hold near 104.50.

- Date: 2024-02-06 · published 2024-02-06T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/31904-fx-daily-on-the-path-to-krw-deliverability-articles-ing-think
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A firmer dollar raises the local-currency cost of dollar-priced feed imports, though the effect here is mainly on FX markets.

## Read by commodity

- DXY: bullish ▲
- USDKRW: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-02-05 | [FX Daily: Flip Flop \| articles \| ING THINK](https://feedsoft.ai/events/31892-fx-daily-flip-flop-articles-ing-think.md) | +0.1% | -0.0% |
| DXY | 2024-04-17 | [FX Daily: The big unwinding \| articles \| ING THINK](https://feedsoft.ai/events/30940-fx-daily-the-big-unwinding-articles-ing-think.md) | -0.3% | -1.0% |
| DXY | 2023-10-25 | [FX Daily: Hawks versus data, part one \| articles \| ING THINK](https://feedsoft.ai/events/33851-fx-daily-hawks-versus-data-part-one-articles-ing-think.md) | +0.2% | -2.4% |
| DXY | 2020-03-13 | [FX daily: Dislocation, dislocation, dislocation \| articles \| ING THINK](https://feedsoft.ai/events/6276-fx-daily-dislocation-dislocation-dislocation-articles-ing-think.md) | +3.8% | +1.6% |
| DXY | 2024-04-12 | [FX Daily: From Fed dependence to Fed divergence \| articles \| ING THINK](https://feedsoft.ai/events/9972-fx-daily-from-fed-dependence-to-fed-divergence-articles-ing-think.md) | +1.1% | +0.5% |

## Sources

- think.ing.com: https://think.ing.com/articles/fx-daily-on-the-path-to-krw-deliverability/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.