# South Korean Won Flat As Investors Weigh US-China Tensions

> The South Korean won was broadly flat at the start of the trading week as investors weighed escalating US-China tensions over trade and Hong Kong. Other Asian currencies were also sliding on concerns that the dispute could damage the coronavirus economic recovery. China's parliament was expected to pass national security legislation for Hong Kong, and the US was preparing possible sanctions.

- Date: 2020-05-25 · published 2020-05-25T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/53369-south-korean-won-flat-as-investors-weigh-us-china-tensions
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Rising geopolitical risk tends to weaken Asian currencies and can push the dollar higher, which pressures dollar-priced commodities. Trade retaliation risk could also reduce Chinese purchases of US farm goods.

## Read by commodity

- USDKRW: neutral

## Sources

- fxdailyreport.com: https://fxdailyreport.com/south-korean-won-flat-as-investors-weigh-us-china-tensions/

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