# USD/KRW: Upward trend amid geopolitical tensions and policy divergence – Credit Suisse — Octa

> Credit Suisse expects continued upward momentum in USD/KRW as US yields rise, forecasting a 1,190-1,230 trading range. The analysts cite a likely 50 bp Fed hike in March and lingering Ukraine uncertainty as drivers of further won weakness.

- Date: 2022-02-16 · published 2022-02-16T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/42956-usd-krw-upward-trend-amid-geopolitical-tensions-and-policy-divergence-credit
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A weaker won and firmer dollar increase the local cost of imported feed commodities for Korean buyers, so this forecast points to higher import costs.

## Read by commodity

- USDKRW: bullish ▲

## Sources

- octaafrica.net: https://www.octaafrica.net/markets/news/view/953127/

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